ZKB Gold (Switzerland) Profile

ZGLDHG -  Switzerland Etf  

GBP 1,000.00  6.40  0.64%

ZKB Gold is trading at 1000.00 as of the 24th of July 2021, a 0.64 percent increase since the beginning of the trading day. The etf's open price was 993.6. ZKB Gold has over 57 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for ZKB Gold ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of April 2021 and ending today, the 24th of July 2021. Click here to learn more.
 Market Performance
3 of 100
  Odds Of Distress
Over 57

ZKB Gold Etf Profile

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. more on ZKB Gold
ZKB Gold ETF has high likelihood to experience some financial distress in the next 2 years
Legal NameZKB Gold ETF
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of ZKB Gold's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
ZKB Gold ETF [ZGLDHG] is traded in Switzerland and was established 2010-01-08. The fund is listed under null category and is part of Swisscanto Fondsleitung AG family. ZKB Gold ETF at this time have in net assets. , while the total return for the last 3 years was 8.56%.
Check ZKB Gold Probability Of Bankruptcy

ZKB Gold Target Price Odds Analysis

What are ZKB Gold's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of ZKB Gold jumping above the current price in 90 days from now is about 51.73%. The ZKB Gold ETF probability density function shows the probability of ZKB Gold etf to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon ZKB Gold has a beta of 0.0814. This usually means as returns on the market go up, ZKB Gold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ZKB Gold ETF will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0484, implying that it can generate a 0.0484 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 1000.0HorizonTargetOdds Up 1000.0 
47.88%90 days
 1,000.00 
51.73%
Based on a normal probability distribution, the odds of ZKB Gold to move above the current price in 90 days from now is about 51.73 (This ZKB Gold ETF probability density function shows the probability of ZGLDHG Etf to fall within a particular range of prices over 90 days) .

ZKB Gold ETF Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ZKB Gold market risk premium is the additional return an investor will receive from holding ZKB Gold long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ZKB Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ZKB Gold's alpha and beta are two of the key measurements used to evaluate ZKB Gold's performance over the market, the standard measures of volatility play an important role as well.

ZKB Gold ETF Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. ZKB Gold Tangent Of Price Series is a trigonometric price transformation method View also all equity analysis or get more info about tangent of price series math transform indicator.

ZKB Gold Against Markets

Picking the right benchmark for ZKB Gold etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ZKB Gold etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ZKB Gold is critical whether you are bullish or bearish towards ZKB Gold ETF at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ZKB Gold without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Check out Your Current Watchlist. Note that the ZKB Gold ETF information on this page should be used as a complementary analysis to other ZKB Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Money Managers module to screen money managers from public funds and ETFs managed around the world.

Other Tools for ZGLDHG Etf

When running ZKB Gold ETF price analysis, check to measure ZKB Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ZKB Gold is operating at the current time. Most of ZKB Gold's value examination focuses on studying past and present price action to predict the probability of ZKB Gold's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ZKB Gold's price. Additionally, you may evaluate how the addition of ZKB Gold to your portfolios can decrease your overall portfolio volatility.
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