ZKB Platinum (Switzerland) Technical Analysis
| ZPLA Etf | CHF 242.05 4.90 1.98% |
As of the 28th of December, ZKB Platinum owns the Information Ratio of (0.02), market risk adjusted performance of 0.3142, and Mean Deviation of 1.19. In relation to fundamental indicators, the technical analysis model lets you check practical technical drivers of ZKB Platinum ETF, as well as the relationship between them. Please check out ZKB Platinum ETF standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if ZKB Platinum ETF is priced some-what accurately, providing market reflects its prevailing price of 242.05 per share.
ZKB Platinum 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 Platinum 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 Platinum ETF Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ZKB Platinum ETF volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ZKB Platinum ETF Trend Analysis
Use this graph to draw trend lines for ZKB Platinum ETF. You can use it to identify possible trend reversals for ZKB Platinum 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 Platinum price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ZKB Platinum Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ZKB Platinum ETF applied against its price change over selected period. The best fit line has a slop of 0.2 , which may suggest that ZKB Platinum ETF market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1497.36, which is the sum of squared deviations for the predicted ZKB Platinum price change compared to its average price change.About ZKB Platinum 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 Platinum 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 Platinum ETF based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on ZKB Platinum ETF price pattern first instead of the macroeconomic environment surrounding ZKB Platinum ETF. By analyzing ZKB Platinum'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 Platinum'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 Platinum specific price patterns or momentum indicators. Please read more on our technical analysis page.
ZKB Platinum December 28, 2024 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 | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0029 | |||
| Market Risk Adjusted Performance | 0.3142 | |||
| Mean Deviation | 1.19 | |||
| Coefficient Of Variation | (43,743) | |||
| Standard Deviation | 1.52 | |||
| Variance | 2.31 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.3042 | |||
| Maximum Drawdown | 6.43 | |||
| Value At Risk | (2.97) | |||
| Potential Upside | 2.0 | |||
| Skewness | (0.62) | |||
| Kurtosis | (0.06) |
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.