ZKB Silver (Switzerland) Probability of Future Etf Price Finishing Over 140.49
| ZSILHE Etf | EUR 149.82 1.26 0.83% |
ZKB |
ZKB Silver Target Price Odds to finish over 140.49
The tendency of ZKB Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above € 140.49 in 90 days |
| 149.82 | 90 days | 140.49 | close to 99 |
Based on a normal probability distribution, the odds of ZKB Silver to stay above € 140.49 in 90 days from now is close to 99 (This ZKB Silver ETF probability density function shows the probability of ZKB Etf to fall within a particular range of prices over 90 days) . Probability of ZKB Silver ETF price to stay between € 140.49 and its current price of €149.82 at the end of the 90-day period is about 5.02 .
Assuming the 90 days trading horizon ZKB Silver ETF has a beta of -0.42. This usually means as returns on the benchmark increase, returns on holding ZKB Silver are expected to decrease at a much lower rate. During a bear market, however, ZKB Silver ETF is likely to outperform the market. Additionally ZKB Silver ETF has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. ZKB Silver Price Density |
| Price |
Predictive Modules for ZKB Silver
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ZKB Silver ETF. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.ZKB Silver Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ZKB Silver is not an exception. The market had few large corrections towards the ZKB Silver's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold ZKB Silver ETF, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ZKB Silver within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | -0.42 | |
σ | Overall volatility | 6.26 | |
Ir | Information ratio | -0.04 |
ZKB Silver Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of ZKB Silver for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ZKB Silver ETF can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ZKB Silver ETF generated a negative expected return over the last 90 days | |
| ZKB Silver ETF generated five year return of -8.0% | |
| This fund keeps all of the net assets in exotic instruments |
ZKB Silver Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of ZKB Etf often depends not only on the future outlook of the current and potential ZKB Silver's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. ZKB Silver's indicators that are reflective of the short sentiment are summarized in the table below.
| Average Daily Volume Last 10 Day | 1.81k | |
| Average Daily Volume In Three Month | 632 |
ZKB Silver Technical Analysis
ZKB Silver's future price can be derived by breaking down and analyzing its technical indicators over time. ZKB Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ZKB Silver ETF. In general, you should focus on analyzing ZKB Etf price patterns and their correlations with different microeconomic environments and drivers.
ZKB Silver Predictive Forecast Models
ZKB Silver's time-series forecasting models is one of many ZKB Silver's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary ZKB Silver's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about ZKB Silver ETF
Checking the ongoing alerts about ZKB Silver for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ZKB Silver ETF help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ZKB Silver ETF generated a negative expected return over the last 90 days | |
| ZKB Silver ETF generated five year return of -8.0% | |
| This fund keeps all of the net assets in exotic instruments |
Other Information on Investing in ZKB Etf
ZKB Silver 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 Silver security.