ZKB Gold (Switzerland) Performance
| ZGLDUS Etf | USD 2,470 22.50 0.90% |
The entity owns a Beta (Systematic Risk) of -0.0092, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ZKB Gold are expected to decrease at a much lower rate. During the bear market, ZKB Gold is likely to outperform the market.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in ZKB Gold ETF are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong essential indicators, ZKB Gold is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
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ZKB Gold Relative Risk vs. Return Landscape
If you would invest 234,000 in ZKB Gold ETF on September 4, 2024 and sell it today you would earn a total of 13,000 from holding ZKB Gold ETF or generate 5.56% return on investment over 90 days. ZKB Gold ETF is generating 0.0874% of daily returns and assumes 0.9166% volatility on return distribution over the 90 days horizon. Simply put, 8% of etfs are less volatile than ZKB, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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ZKB Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ZKB Gold's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ZKB Gold ETF, and traders can use it to determine the average amount a ZKB Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0953
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Estimated Market Risk
| 0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average ZKB Gold is performing at about 7% 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 Gold by adding it to a well-diversified portfolio.
ZKB Gold Fundamentals Growth
ZKB Etf prices reflect investors' perceptions of the future prospects and financial health of ZKB Gold, and ZKB Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ZKB Etf performance.
About ZKB Gold Performance
By analyzing ZKB Gold's fundamental ratios, stakeholders can gain valuable insights into ZKB Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ZKB Gold has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if ZKB Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Unlike existing ETFs that generally have an underlying equity index or a basket of shares, the ZKB Gold ETF only invests in physical gold and reflects the value of around one kilogram. ZKB Gold is traded on Switzerland Exchange in Switzerland.| The fund generated five year return of -1.0% | |
| ZKB Gold ETF keeps all of the net assets in exotic instruments |
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.