ZKB Silver (Switzerland) Price on December 29, 2024
ZSILHE Etf | EUR 146.10 3.56 2.38% |
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 Silver stands at 146.10, as last reported on the 31st of December, with the highest price reaching 148.96 and the lowest price hitting 146.10 during the day. ZKB Silver ETF retains Efficiency (Sharpe Ratio) of -0.0585, which attests that the etf had a -0.0585% return per unit of volatility over the last 3 months. ZKB Silver exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ZKB Silver's Mean Deviation of 1.51, market risk adjusted performance of 0.3992, and Information Ratio of (0.08) to validate the risk estimate we provide.
ZKB Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
ZKB |
Sharpe Ratio = -0.0585
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Estimated Market Risk
2.07 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ZKB Silver is not performing at its full potential. However, 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 Silver by adding ZKB Silver to a well-diversified portfolio.
ZKB Silver Valuation on December 29, 2024
It is possible to determine the worth of ZKB Silver on a given historical date. On December 29, 2024 ZKB was worth 149.66 at the beginning of the trading date compared to the closed value of 149.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ZKB Silver etf. Still, in general, we apply an absolute valuation method to find ZKB Silver'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 Silver where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ZKB Silver's related companies.
Open | High | Low | Close | Volume | |
151.08 | 151.08 | 149.82 | 149.82 | 76.00 | |
12/27/2024 | 149.66 | 149.66 | 149.66 | 149.66 | 212.00 |
148.82 | 148.96 | 146.10 | 146.10 | 221.00 |
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ZKB Silver Trading Date Momentum on December 29, 2024
On December 30 2024 ZKB Silver ETF was traded for 146.10 at the closing time. The highest price during the trading period was 148.96 and the lowest recorded bid was listed for 146.10 . The volume for the day was 221. This history from December 30, 2024 contributed to the next trading day price decline. The trading date delta to the next closing price was 2.38% . The trading date delta to the current price is 0.56% . |
ZKB Silver ETF Fundamentals Correlations and Trends
By evaluating ZKB Silver'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 Silver'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 Silver Etf history
ZKB Silver 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 Silver 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 Silver stock prices may prove useful in developing a viable investing in ZKB Silver
ZKB Silver Etf Technical Analysis
ZKB Silver 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 Silver Period Price Range
Low | December 31, 2024
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0.00 | 0.00 |
ZKB Silver 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 Silver December 31, 2024 Market Strength
Market strength indicators help investors to evaluate how ZKB Silver 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 Silver shares will generate the highest return on investment. By undertsting and applying ZKB Silver etf market strength indicators, traders can identify ZKB Silver ETF entry and exit signals to maximize returns
ZKB Silver Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ZKB Silver'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 | (0.06) | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | (0.17) | |||
Treynor Ratio | 0.3892 |
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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.