Zkb Gold Etf Fundamentals
ZKB Gold ETF fundamentals help investors to digest information that contributes to ZKB Gold's financial success or failures. It also enables traders to predict the movement of ZKB Etf. The fundamental analysis module provides a way to measure ZKB Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ZKB Gold etf.
ZKB |
ZKB Gold ETF ETF One Year Return Analysis
ZKB Gold's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current ZKB Gold One Year Return | 4.78 % |
Most of ZKB Gold's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ZKB Gold ETF is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
CompetitionBased on the recorded statements, ZKB Gold ETF has an One Year Return of 4.78%. This is much higher than that of the Swisscanto Fondsleitung AG family and significantly higher than that of the One Year Return category. The one year return for all Switzerland etfs is notably lower than that of the firm.
ZKB One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ZKB Gold's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of ZKB Gold could also be used in its relative valuation, which is a method of valuing ZKB Gold by comparing valuation metrics of similar companies.ZKB Gold is currently under evaluation in one year return as compared to similar ETFs.
ZKB Fundamentals
| One Year Return | 4.78 % | |||
| Three Year Return | 8.26 % | |||
| Five Year Return | 4.95 % | |||
| Net Asset | 4.54 B |
About ZKB Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ZKB Gold ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ZKB Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ZKB Gold ETF based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in price. 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 the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.