ZKB Gold (Switzerland) Buy Hold or Sell Recommendation
| ZGLDEU Etf | EUR 2,356 4.50 0.19% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding ZKB Gold ETF is 'Sell'. Macroaxis provides ZKB Gold buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ZKB Gold positions.
Check out ZKB Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as ZKB and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards ZKB Gold ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income.
ZKB |
Execute ZKB Gold Buy or Sell Advice
The ZKB recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ZKB Gold ETF. Macroaxis does not own or have any residual interests in ZKB Gold ETF or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ZKB Gold's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details |
ZKB Gold Trading Alerts and Improvement Suggestions
| The fund keeps all of the net assets in exotic instruments |
ZKB Gold Returns Distribution Density
The distribution of ZKB Gold's historical returns is an attempt to chart the uncertainty of ZKB Gold's future price movements. The chart of the probability distribution of ZKB Gold daily returns describes the distribution of returns around its average expected value. We use ZKB Gold ETF price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ZKB Gold returns is essential to provide solid investment advice for ZKB Gold.
| Mean Return | 0.17 | Value At Risk | -1.35 | Potential Upside | 1.49 | Standard Deviation | 0.86 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ZKB Gold historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
ZKB Gold Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ZKB Gold or Swisscanto Fondsleitung AG sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ZKB Gold's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ZKB etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 0.86 | |
Ir | Information ratio | 0.06 |
ZKB Gold Volatility Alert
ZKB Gold ETF has low volatility with Treynor Ratio of -5.06, Maximum Drawdown of 5.28 and kurtosis of 2.98. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ZKB Gold's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact ZKB Gold's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.ZKB Gold Fundamentals Vs Peers
Comparing ZKB Gold's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze ZKB Gold's direct or indirect competition across all of the common fundamentals between ZKB Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as ZKB Gold or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ZKB Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing ZKB Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ZKB Gold to competition |
| Fundamentals | ZKB Gold | Peer Average |
| One Year Return | 3.96 % | (0.97) % |
| Three Year Return | 1.83 % | 3.23 % |
| Five Year Return | 3.90 % | 1.12 % |
| Ten Year Return | 4.93 % | 1.20 % |
| Net Asset | 4.54 B | 2.29 B |
ZKB Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ZKB . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.0095 | |||
| Daily Balance Of Power | (0.20) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 2354.75 | |||
| Day Typical Price | 2355.33 | |||
| Market Facilitation Index | 22.5 | |||
| Price Action Indicator | (0.50) | |||
| Period Momentum Indicator | (4.50) | |||
| Relative Strength Index | 53.81 |
About ZKB Gold Buy or Sell Advice
When is the right time to buy or sell ZKB Gold ETF? Buying financial instruments such as ZKB Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in ZKB Etf
ZKB Gold 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 Gold security.