ZKB Palladium (Switzerland) Buy Hold or Sell Recommendation
| ZPAL Etf | CHF 257.40 1.75 0.68% |
Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding ZKB Palladium ETF is 'Strong Buy'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ZKB Palladium ETF given historical horizon and risk tolerance towards ZKB Palladium. When Macroaxis issues a 'buy' or 'sell' recommendation for ZKB Palladium ETF, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out ZKB Palladium 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 Palladium 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 board of governors.
ZKB |
Execute ZKB Palladium 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 Palladium ETF. Macroaxis does not own or have any residual interests in ZKB Palladium ETF or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ZKB Palladium's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details |
ZKB Palladium Trading Alerts and Improvement Suggestions
| The fund keeps all of the net assets in exotic instruments |
ZKB Palladium Returns Distribution Density
The distribution of ZKB Palladium's historical returns is an attempt to chart the uncertainty of ZKB Palladium's future price movements. The chart of the probability distribution of ZKB Palladium daily returns describes the distribution of returns around its average expected value. We use ZKB Palladium ETF price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ZKB Palladium returns is essential to provide solid investment advice for ZKB Palladium.
| Mean Return | 0.15 | Value At Risk | -4.36 | Potential Upside | 3.91 | Standard Deviation | 2.81 |
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 Palladium 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 Palladium 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 Palladium 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 Palladium'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 | 0.09 | |
β | Beta against Dow Jones | 0.47 | |
σ | Overall volatility | 2.80 | |
Ir | Information ratio | 0.01 |
ZKB Palladium Volatility Alert
ZKB Palladium ETF currently demonstrates below-average downside deviation. It has Information Ratio of 0.01 and Jensen Alpha of 0.09. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ZKB Palladium'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 Palladium'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 Palladium Fundamentals Vs Peers
Comparing ZKB Palladium'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 Palladium's direct or indirect competition across all of the common fundamentals between ZKB Palladium and the related equities. This way, we can detect undervalued stocks with similar characteristics as ZKB Palladium or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ZKB Palladium's fundamental indicators could also be used in its relative valuation, which is a method of valuing ZKB Palladium by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ZKB Palladium to competition |
| Fundamentals | ZKB Palladium | Peer Average |
| One Year Return | 35.79 % | (0.97) % |
| Three Year Return | 37.49 % | 3.23 % |
| Five Year Return | 35.41 % | 1.12 % |
| Ten Year Return | 13.79 % | 1.20 % |
| Net Asset | 203.17 M | 2.29 B |
ZKB Palladium 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 | 0.023 | |||
| Daily Balance Of Power | (0.29) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 260.42 | |||
| Day Typical Price | 259.42 | |||
| Market Facilitation Index | 6.05 | |||
| Price Action Indicator | (3.90) | |||
| Period Momentum Indicator | (1.75) |
About ZKB Palladium Buy or Sell Advice
When is the right time to buy or sell ZKB Palladium 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.
Use Investing Ideas to Build Portfolios
In addition to having ZKB Palladium in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Recreation Thematic Idea Now
Recreation
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Recreation theme has 33 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Recreation Theme or any other thematic opportunities.
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Other Information on Investing in ZKB Etf
ZKB Palladium 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 Palladium security.