ZKB Gold (Switzerland) Statistic Functions Beta

ZGLD Etf  CHF 638.40  12.00  1.85%   
ZKB Gold statistic functions tool provides the execution environment for running the Beta function and other technical functions against ZKB Gold. ZKB Gold value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. ZKB Gold statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on ZKB Gold ETF correlated with the market. If Beta is less than 0 ZKB Gold generally moves in the opposite direction as compared to the market. If ZKB Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ZKB Gold ETF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ZKB Gold is generally in the same direction as the market. If Beta > 1 ZKB Gold moves generally in the same direction as, but more than the movement of the benchmark.

ZKB Gold Technical Analysis Modules

Most technical analysis of ZKB Gold 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 other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About ZKB Gold Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ZKB Gold ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of ZKB Gold ETF based on widely used predictive technical indicators. In general, we focus on analyzing ZKB Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ZKB Gold's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of ZKB Gold's intrinsic value. In addition to deriving basic predictive indicators for ZKB Gold, we also check how macroeconomic factors affect ZKB Gold price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ZKB Gold's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
637.66638.40639.14
Details
Intrinsic
Valuation
LowRealHigh
609.03609.77702.24
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ZKB Gold. Your research has to be compared to or analyzed against ZKB Gold's peers to derive any actionable benefits. When done correctly, ZKB Gold's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ZKB Gold ETF.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ZKB Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ZKB Gold's short interest history, or implied volatility extrapolated from ZKB Gold options trading.

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, which includes a position in ZKB Gold ETF. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Please note, there is a significant difference between ZKB Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZKB Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZKB Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.