ZKB Gold (Switzerland) Performance
| ZGLD Etf | CHF 784.90 13.20 1.71% |
The entity owns a Beta (Systematic Risk) of 0.0141, which attests to not very significant fluctuations relative to the market. As returns on the market increase, ZKB Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding ZKB Gold is expected to be smaller as well.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in ZKB Gold ETF are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, ZKB Gold may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
| Fifty Two Week Low | 354.55 | |
| Fifty Two Week High | 466.25 |
ZKB |
ZKB Gold Relative Risk vs. Return Landscape
If you would invest 70,520 in ZKB Gold ETF on December 14, 2024 and sell it today you would earn a total of 7,970 from holding ZKB Gold ETF or generate 11.3% return on investment over 90 days. ZKB Gold ETF is generating 0.1883% of daily returns and assumes 0.8474% volatility on return distribution over the 90 days horizon. Simply put, 7% of etfs are less volatile than ZKB, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
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 = 0.2222
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average ZKB Gold is performing at about 17% 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
Evaluating ZKB Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. 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. Please also refer to our technical analysis and fundamental analysis pages.
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.