ZKB Gold (Switzerland) Technical Analysis
| ZGLD Etf | CHF 701.40 1.60 0.23% |
As of the 3rd of January, ZKB Gold owns the Standard Deviation of 0.9258, mean deviation of 0.6775, and Market Risk Adjusted Performance of (0.22). In relation to fundamental indicators, the technical analysis model lets you check practical technical drivers of ZKB Gold ETF, as well as the relationship between them. Please check out ZKB Gold ETF downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if ZKB Gold ETF is priced some-what accurately, providing market reflects its prevailing price of 701.4 per share.
ZKB Gold Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ZKB, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ZKBZKB |
ZKB Gold 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.
ZKB Gold ETF Technical Analysis
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ZKB Gold ETF Trend Analysis
Use this graph to draw trend lines for ZKB Gold ETF. You can use it to identify possible trend reversals for ZKB Gold as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ZKB Gold price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ZKB Gold Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ZKB Gold ETF applied against its price change over selected period. The best fit line has a slop of 0.30 , which means ZKB Gold ETF will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3374.94, which is the sum of squared deviations for the predicted ZKB Gold price change compared to its average price change.About ZKB Gold Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of ZKB Gold ETF on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of ZKB Gold ETF based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on ZKB Gold ETF price pattern first instead of the macroeconomic environment surrounding ZKB Gold ETF. By analyzing ZKB Gold's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of ZKB Gold's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to ZKB Gold specific price patterns or momentum indicators. Please read more on our technical analysis page.
ZKB Gold January 3, 2025 Technical Indicators
Most technical analysis of ZKB help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ZKB from various momentum indicators to cycle indicators. When you analyze ZKB charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0589 | |||
| Market Risk Adjusted Performance | (0.22) | |||
| Mean Deviation | 0.6775 | |||
| Semi Deviation | 0.899 | |||
| Downside Deviation | 1.01 | |||
| Coefficient Of Variation | 1398.29 | |||
| Standard Deviation | 0.9258 | |||
| Variance | 0.8571 | |||
| Information Ratio | 0.059 | |||
| Jensen Alpha | 0.0566 | |||
| Total Risk Alpha | 0.0544 | |||
| Sortino Ratio | 0.0539 | |||
| Treynor Ratio | (0.23) | |||
| Maximum Drawdown | 5.71 | |||
| Value At Risk | (1.29) | |||
| Potential Upside | 1.38 | |||
| Downside Variance | 1.03 | |||
| Semi Variance | 0.8082 | |||
| Expected Short fall | (0.72) | |||
| Skewness | (0.80) | |||
| Kurtosis | 2.29 |
Other Information on Investing in ZKB Etf
ZKB Gold 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 Gold security.