ZKB Platinum (Switzerland) Price on October 30, 2024
| ZPLA Etf | CHF 248.35 3.50 1.43% |
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 Platinum stands at 248.35, as last reported on the 4th of December, with the highest price reaching 248.60 and the lowest price hitting 247.40 during the day. At this stage we consider ZKB Etf to be very steady. ZKB Platinum ETF retains Efficiency (Sharpe Ratio) of 0.0742, which attests that the etf had a 0.0742% return per unit of volatility over the last 3 months. We have found thirty technical indicators for ZKB Platinum, which you can use to evaluate the volatility of the etf. Please check out ZKB Platinum's Standard Deviation of 1.62, market risk adjusted performance of (0.28), and Mean Deviation of 1.27 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
ZKB Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
ZKB |
Sharpe Ratio = 0.0742
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Estimated Market Risk
| 1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average ZKB Platinum is performing at about 5% 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 Platinum by adding it to a well-diversified portfolio.
ZKB Platinum Valuation on October 30, 2024
It is possible to determine the worth of ZKB Platinum on a given historical date. On October 30, 2024 ZKB was worth 264.55 at the beginning of the trading date compared to the closed value of 259.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ZKB Platinum etf. Still, in general, we apply an absolute valuation method to find ZKB Platinum'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 Platinum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ZKB Platinum's related companies.
| Open | High | Low | Close | Volume | |
| 265.50 | 268.50 | 265.50 | 268.05 | 11,984 | |
10/30/2024 | 264.55 | 264.55 | 258.45 | 259.00 | 874.00 |
| 255.95 | 256.60 | 250.80 | 251.25 | 3,334 |
| Backtest ZKB Platinum | | | ZKB Platinum History | | | ZKB Platinum Valuation | Previous | Next |
ZKB Platinum Trading Date Momentum on October 30, 2024
| On October 31 2024 ZKB Platinum ETF was traded for 251.25 at the closing time. The highest price during the trading period was 256.60 and the lowest recorded bid was listed for 250.80 . The volume for the day was 3.3 K. This history from October 31, 2024 contributed to the next trading day price decline. The trading date delta to the next closing price was 2.99% . The trading date delta to the current price is 2.32% . |
ZKB Platinum ETF Fundamentals Correlations and Trends
By evaluating ZKB Platinum'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 Platinum'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 Platinum Etf history
ZKB Platinum 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 Platinum 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 Platinum stock prices may prove useful in developing a viable investing in ZKB Platinum
ZKB Platinum Etf Technical Analysis
ZKB Platinum 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 Platinum Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
ZKB Platinum 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 Platinum December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how ZKB Platinum 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 Platinum shares will generate the highest return on investment. By undertsting and applying ZKB Platinum etf market strength indicators, traders can identify ZKB Platinum ETF entry and exit signals to maximize returns
ZKB Platinum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ZKB Platinum'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 | 0.0762 | |||
| Jensen Alpha | 0.1911 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0198 | |||
| Treynor Ratio | (0.29) |
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Other Information on Investing in ZKB Etf
ZKB Platinum 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 Platinum security.