ZKB Platinum Competition

ZPLA Etf

CHF 242.05 4.90 1.98%

ZKB Platinum ETF competes with UBSFund Solutions, Vanguard, IShares VII, IShares Core, and Lyxor Japan; as well as few others. Analyzing ZKB Platinum competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of ZKB Platinum to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out ZKB Platinum Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of ZKB Platinum competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
240.57	242.05	243.53

Details

Intrinsic

Valuation

Low	Real	High
233.65	235.13	266.26

Details

ZKB Platinum Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between ZKB Platinum and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of ZKB and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of ZKB Platinum ETF does not affect the price movement of the other competitor.

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.79	-0.54	-0.45	0.45	0.29	0.56	0.26	-0.13	-0.53	META
MSFT	0.79		-0.65	-0.37	0.56	0.05	0.63	0.39	-0.23	-0.75	MSFT
UBER	-0.54	-0.65		0.47	-0.72	0.18	-0.78	-0.55	0.61	0.75	UBER
F	-0.45	-0.37	0.47		0.01	-0.23	-0.06	0.28	-0.08	0.69	F
T	0.45	0.56	-0.72	0.01		-0.3	0.87	0.83	-0.68	-0.44	T
A	0.29	0.05	0.18	-0.23	-0.3		-0.31	-0.51	0.71	0.09	A
CRM	0.56	0.63	-0.78	-0.06	0.87	-0.31		0.87	-0.77	-0.5	CRM
JPM	0.26	0.39	-0.55	0.28	0.83	-0.51	0.87		-0.83	-0.27	JPM
MRK	-0.13	-0.23	0.61	-0.08	-0.68	0.71	-0.77	-0.83		0.29	MRK
XOM	-0.53	-0.75	0.75	0.69	-0.44	0.09	-0.5	-0.27	0.29		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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High positive correlations

CRM	+ 0.87	T
JPM	+ 0.87	CRM
JPM	+ 0.83	T
MSFT	+ 0.79	META
XOM	+ 0.75	UBER
MRK	+ 0.71	A

High negative correlations

MRK	- 0.83	JPM
CRM	- 0.78	UBER
MRK	- 0.77	CRM
XOM	- 0.75	MSFT
T	- 0.72	UBER
MRK	- 0.68	T

ZKB Platinum Competition Risk-Adjusted Indicators

There is a big difference between ZKB Etf performing well and ZKB Platinum ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze ZKB Platinum's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
META	1.21	0.08	0.04	0.42	1.41	(1.37)	2.62	(3.15)	7.43
MSFT	0.87	0.00	(0.02)	0.02	1.65	(0.78)	1.78	(2.23)	8.14
UBER	1.65	(0.33)	0.00	(1.73)	0.00	0.00	2.53	(5.35)	20.41
F	1.39	(0.03)	0.00	(0.12)	0.00	0.00	2.53	(2.81)	11.21
T	0.95	0.10	0.07	0.39	1.13	(0.98)	1.93	(1.99)	7.95
A	1.19	(0.04)	0.00	(0.12)	0.00	0.00	2.71	(2.42)	9.02
CRM	1.46	0.33	0.19	20.66	1.34	(1.66)	3.18	(2.88)	14.80
JPM	1.06	0.23	0.16	(3.32)	1.11	(1.26)	1.99	(1.44)	15.87
MRK	0.97	(0.21)	0.00	(0.97)	0.00	0.00	1.72	(2.17)	5.17
XOM	0.84	(0.11)	0.00	(0.64)	0.00	0.00	1.83	(2.14)	6.06

Unable to evaluate fundamental data of [JPNJPA.SW, VUSA.SW, CSNKY.SW, CSSPX.SW, LYJPN.SW, EIMI.SW, MSE.SW, IEAC.SW] at this time. Please try again later

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ZKB Platinum Competitive Analysis

The better you understand ZKB Platinum competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, ZKB Platinum's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across ZKB Platinum's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	ZPLA	JPNJPA	VUSA	CSNKY	CSSPX	LYJPN	EIMI	MSE	IEAC
	1.98 242.05 ZKB	2.96 49.40 UBSFund	0.71 101.88 Vanguard	0.00 39,180 IShares	0.73 633.20 IShares	0.00 26,135 Lyxor	0.12 34.37 IShares	0.00 52.65 Lyxor	0.62 114.20 IShares
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Insignificant	Solid	Insignificant	OK	Weak	Very Weak	Very Weak	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Fairly Valued	Fairly Valued	Over Valued	Over Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Sell	Strong Sell	Cautious Hold	Cautious Hold	Strong Hold	Sell	Hold	Sell	Cautious Hold
Price To Sales	N/A	0.66	1.86	0.84	1.86	0.6	1.09	N/A	N/A
Equity Positions Weight	N/A	99.25	100.0	98.42	99.68	100.0	99.15	100.0	N/A
Holdings Turnover	N/A	N/A	N/A	N/A	N/A	N/A	91.59	N/A	31.39
Three Year Return	5.68	9.49	17.58	12.4	17.45	4.14	9.24	8.18	2.2
Net Asset	489.11 M	71.12 B	32 B	26.5 B	25.52 B	13.29 B	12.6 B	8.06 B	8.02 B
Price To Book	N/A	1.04	2.65	1.48	2.68	1.0	1.33	N/A	N/A
Five Year Return	0.14	5.63	16.62	8.5	16.84	5.44	2.07	8.56	2.69
One Year Return	33.55	-7.01	41.68	-2.54	40.98	-12.12	-9.06	42.91	4.84
Last Dividend Paid	N/A	46.02	0.2	N/A	N/A	148.0	N/A	N/A	N/A
Bond Positions Weight	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	97.64
Ten Year Return	-4.15	6.36	N/A	N/A	13.97	6.65	N/A	6.39	4.62
Price To Earning	N/A	13.9	19.24	18.17	19.06	13.37	12.6	N/A	N/A
Day Typical Price	243.77	49.4	102.25	39180.0	634.4	26135.0	34.35	52.65	114.06
Accumulation Distribution	0.026	2.0E-4	325.56	N/A	135.76	N/A	105.62	N/A	0.69
Market Facilitation Index	6.45	0.01	1.0E-4	N/A	9.0E-4	N/A	0.0	N/A	0.0022
Daily Balance Of Power	(0.76)	142.0	0.4138	0.0	0.5349	0.0	0.2	0.0	1.666667
Period Momentum Indicator	(4.90)	1.42	0.72	N/A	4.6	N/A	0.04	N/A	0.7
Rate Of Daily Change	0.98	1.03	1.01	1.0	1.01	1.0	1.0	1.0	1.01
Day Median Price	244.63	49.41	102.43	39180.0	635.0	26135.0	34.34	52.65	113.99
Price Action Indicator	(5.02)	0.71	(0.19)	N/A	0.5	N/A	0.05	N/A	0.56
Coefficient Of Variation	(43,743)	2327.42	491.97	2761.42	952.43	4464.2	(1,205)	(104,939)	3341.58
Mean Deviation	1.19	0.7974	0.5367	0.8471	0.4535	0.7316	0.6839	0.6218	0.2632
Jensen Alpha	(0.01)	0.0397	0.154	0.0255	0.0604	0.01	(0.09)	(0.01)	2.0E-4
Total Risk Alpha	(0.06)	0.0058	0.1315	(0)	0.0426	(0.02)	(0.11)	(0.03)	(0.01)
Sortino Ratio	N/A	0.0143	0.1723	0.0063	0.0475	(0.01)	N/A	N/A	(0.06)
Downside Variance	N/A	0.7744	0.5847	0.9574	0.6893	0.8255	N/A	N/A	0.1495
Standard Deviation	1.52	1.04	0.8067	1.06	0.6819	0.9549	0.9352	0.844	0.3442
Kurtosis	(0.06)	0.55	6.92	(0.34)	5.51	0.7464	0.7887	0.9719	0.2779
Potential Upside	2.0	1.88	1.15	1.77	0.7318	1.35	1.88	1.15	0.6167
Treynor Ratio	0.3042	(0.16)	(69.99)	0.2229	1.18	0.1799	(0.41)	0.1768	0.0699
Maximum Drawdown	6.43	4.24	5.82	4.4	5.02	5.15	4.68	4.39	1.67
Variance	2.31	1.09	0.6508	1.12	0.465	0.9118	0.8746	0.7124	0.1185
Market Risk Adjusted Performance	0.3142	(0.15)	(69.98)	0.2329	1.19	0.1899	(0.40)	0.1868	0.0799
Risk Adjusted Performance	0.0029	0.0366	0.1622	0.0313	0.082	0.0195	(0.06)	(0.0002)	0.0107
Skewness	(0.62)	0.6192	0.8832	0.248	(0.81)	0.2717	0.1473	0.122	(0.21)
Semi Deviation	N/A	0.7932	0.5081	0.9155	0.6876	0.8823	N/A	N/A	0.3388
Information Ratio	(0.02)	0.0121	0.1634	0.0058	0.0578	(0.01)	(0.12)	(0.04)	(0.06)
Value At Risk	(2.97)	(1.31)	(1.32)	(1.69)	(0.61)	(1.33)	(1.74)	(1.44)	(0.53)
Expected Short fall	N/A	(0.92)	(0.60)	(1.00)	(0.45)	(0.78)	N/A	N/A	(0.24)
Downside Deviation	N/A	0.88	0.7647	0.9784	0.8302	0.9086	N/A	N/A	0.3867
Semi Variance	N/A	0.6292	0.2582	0.8382	0.4728	0.7784	N/A	N/A	0.1148

ZKB Platinum Competition Performance Charts

Five steps to successful analysis of ZKB Platinum Competition

ZKB Platinum's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by ZKB Platinum ETF in relation to its competition. ZKB Platinum's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of ZKB Platinum in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact ZKB Platinum's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to ZKB Platinum ETF, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your ZKB Platinum position

In addition to having ZKB Platinum 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.

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Computers

Companies that manufacture and distribute personal and business computers. The Computers theme has 44 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 Computers Theme or any other thematic opportunities.

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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.

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