ZKB Palladium (Switzerland) Price on December 2, 2024
| ZPAL Etf | CHF 255.00 4.15 1.60% |
If you're considering investing in ZKB Etf, it is important to understand the factors that can impact its price. As of today, the current price of ZKB Palladium stands at 255.00, as last reported on the 2nd of December, with the highest price reaching 262.10 and the lowest price hitting 255.00 during the day. At this stage we consider ZKB Etf to be very steady. ZKB Palladium ETF retains Efficiency (Sharpe Ratio) of 0.0522, which attests that the etf had a 0.0522% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for ZKB Palladium, which you can use to evaluate the volatility of the etf. Please check out ZKB Palladium's Standard Deviation of 2.78, mean deviation of 2.24, and Market Risk Adjusted Performance of (0.07) to validate if the risk estimate we provide is consistent with the expected return of 0.14%.
ZKB Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
ZKB |
Sharpe Ratio = 0.0522
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Estimated Market Risk
| 2.74 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average ZKB Palladium is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ZKB Palladium by adding it to a well-diversified portfolio.
ZKB Palladium Valuation on December 2, 2024
It is possible to determine the worth of ZKB Palladium on a given historical date. On December 2, 2024 ZKB was worth 261.5 at the beginning of the trading date compared to the closed value of 255.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ZKB Palladium etf. Still, in general, we apply an absolute valuation method to find ZKB Palladium's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ZKB Palladium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ZKB Palladium's related companies.
| Open | High | Low | Close | Volume | |
| 261.50 | 262.10 | 255.00 | 255.00 | 1,632 | |
12/02/2024 | 261.50 | 262.10 | 255.00 | 255.00 | 0.00 |
| Backtest ZKB Palladium | | | ZKB Palladium History | | | ZKB Palladium Valuation | Previous |
ZKB Palladium Trading Date Momentum on December 2, 2024
| On December 02 2024 ZKB Palladium ETF was traded for 255.00 at the closing time. The highest price during the trading period was 262.10 and the lowest recorded bid was listed for 255.00 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 had no short-term effect on price fluctuation. The trading date delta to the current price is 2.55% . |
ZKB Palladium ETF Fundamentals Correlations and Trends
By evaluating ZKB Palladium's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ZKB Palladium's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ZKB financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ZKB Palladium Etf history
ZKB Palladium investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ZKB is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ZKB Palladium ETF will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ZKB Palladium stock prices may prove useful in developing a viable investing in ZKB Palladium
ZKB Palladium Etf Technical Analysis
ZKB Palladium technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
ZKB Palladium Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
ZKB Palladium ETF cannot be verified against its exchange. Please verify the symbol is currently traded on SIX Swiss Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ZKB Palladium December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how ZKB Palladium etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ZKB Palladium shares will generate the highest return on investment. By undertsting and applying ZKB Palladium etf market strength indicators, traders can identify ZKB Palladium ETF entry and exit signals to maximize returns
ZKB Palladium Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ZKB Palladium's price direction in advance. Along with the technical and fundamental analysis of ZKB Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ZKB to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0267 | |||
| Jensen Alpha | 0.1617 | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.08) |
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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.