ZKB Platinum (Switzerland) Performance
| ZPLA Etf | CHF 240.00 2.05 0.85% |
The entity owns a Beta (Systematic Risk) of 0.26, which attests to not very significant fluctuations relative to the market. As returns on the market increase, ZKB Platinum's returns are expected to increase less than the market. However, during the bear market, the loss of holding ZKB Platinum is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days ZKB Platinum ETF has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, ZKB Platinum is not utilizing all of its potentials. The current stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Fifty Two Week Low | 235.35 | |
| Fifty Two Week High | 352.00 |
ZKB |
ZKB Platinum Relative Risk vs. Return Landscape
If you would invest 25,115 in ZKB Platinum ETF on October 2, 2024 and sell it today you would lose (1,115) from holding ZKB Platinum ETF or give up 4.44% of portfolio value over 90 days. ZKB Platinum ETF is generating negative expected returns and assumes 1.4518% volatility on return distribution over the 90 days horizon. Simply put, 12% 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 Platinum Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ZKB Platinum's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ZKB Platinum ETF, and traders can use it to determine the average amount a ZKB Platinum'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 = -0.0432
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| Negative Returns | ZPLA |
Estimated Market Risk
| 1.45 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ZKB Platinum 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 Platinum by adding ZKB Platinum to a well-diversified portfolio.
ZKB Platinum Fundamentals Growth
ZKB Etf prices reflect investors' perceptions of the future prospects and financial health of ZKB Platinum, and ZKB Platinum 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.
| Total Asset | 489.11 M | |||
About ZKB Platinum Performance
Evaluating ZKB Platinum's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if ZKB Platinum 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 Platinum has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
ZKB Platinum ETF invests exclusively in physical platinum and is the value of about 50 grams of platinum from. ZKB Platinum is traded on Switzerland Exchange in Switzerland.| ZKB Platinum ETF generated a negative expected return over the last 90 days | |
| The fund generated-4.0 ten year return of -4.0% | |
| ZKB Platinum ETF keeps all of the net assets in exotic instruments |
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.