ZKB Palladium (Switzerland) Performance
| ZPAL Etf | CHF 247.15 3.30 1.35% |
The entity owns a Beta (Systematic Risk) of -0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ZKB Palladium are expected to decrease at a much lower rate. During the bear market, ZKB Palladium is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days ZKB Palladium ETF has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, ZKB Palladium is not utilizing all of its potentials. The current stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
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ZKB Palladium Relative Risk vs. Return Landscape
If you would invest 24,790 in ZKB Palladium ETF on September 28, 2024 and sell it today you would lose (75.00) from holding ZKB Palladium ETF or give up 0.3% of portfolio value over 90 days. ZKB Palladium ETF is generating 0.0279% of daily returns and assumes 2.5949% volatility on return distribution over the 90 days horizon. Simply put, 23% 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 Palladium Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ZKB Palladium's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ZKB Palladium ETF, and traders can use it to determine the average amount a ZKB Palladium'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 = 0.0108
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| Negative Returns | ZPAL |
Estimated Market Risk
| 2.59 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ZKB Palladium 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 Palladium by adding ZKB Palladium to a well-diversified portfolio.
ZKB Palladium Fundamentals Growth
ZKB Etf prices reflect investors' perceptions of the future prospects and financial health of ZKB Palladium, and ZKB Palladium 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 | 203.17 M | |||
About ZKB Palladium Performance
Evaluating ZKB Palladium's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if ZKB Palladium 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 Palladium 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 Palladium ETF invests exclusively in physical palladium and is the value of about 100 grams of palladium from. ZKB Palladium is traded on Switzerland Exchange in Switzerland.| The fund keeps all of the net assets in exotic instruments |
Other Information on Investing in ZKB Etf
ZKB Palladium 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 Palladium security.