ZKB Silver Financials
| ZSILHE Etf | EUR 152.70 2.90 1.86% |
ZKB |
The data published in ZKB Silver's official financial statements typically reflect ZKB Silver's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving ZKB Silver's quantitative information. For example, before you start analyzing numbers published by ZKB accountants, it's essential to understand ZKB Silver's liquidity, profitability, and earnings quality within the context of the Swisscanto Fondsleitung AG space in which it operates.
Please note, the presentation of ZKB Silver's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ZKB Silver's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of ZKB Silver's management manipulating its earnings.
ZKB Silver Etf Summary
ZKB Silver competes with Vanguard, IShares Core, Lyxor Japan, IShares SP, and IShares JP. ZKB Silver ETF invests exclusively in physical silver and is the value of approximately 3 kilograms of silver. ZKB Silver is traded on Switzerland Exchange in Switzerland.| Instrument | Switzerland Etf |
| Exchange | SIX Swiss Exchange |
| ISIN | CH0183136040 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Swisscanto Fondsleitung AG |
| Benchmark | Dow Jones Industrial |
| Currency | EUR - Euro |
ZKB Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ZKB Silver's current stock value. Our valuation model uses many indicators to compare ZKB Silver value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ZKB Silver competition to find correlations between indicators driving ZKB Silver's intrinsic value. More Info.ZKB Silver ETF is rated fifth in one year return as compared to similar ETFs. It is rated below average in three year return as compared to similar ETFs . Comparative valuation analysis is a catch-all model that can be used if you cannot value ZKB Silver by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ZKB Silver's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.ZKB Silver ETF Systematic Risk
ZKB Silver's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ZKB Silver volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on ZKB Silver ETF correlated with the market. If Beta is less than 0 ZKB Silver generally moves in the opposite direction as compared to the market. If ZKB Silver Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ZKB Silver ETF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ZKB Silver is generally in the same direction as the market. If Beta > 1 ZKB Silver moves generally in the same direction as, but more than the movement of the benchmark.
ZKB Silver December 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ZKB Silver help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ZKB Silver ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of ZKB Silver ETF based on widely used predictive technical indicators. In general, we focus on analyzing ZKB Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ZKB Silver's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.15 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 10.29 | |||
| Value At Risk | (3.40) | |||
| Potential Upside | 3.37 |
Other Information on Investing in ZKB Etf
ZKB Silver financial ratios help investors to determine whether ZKB Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ZKB with respect to the benefits of owning ZKB Silver security.