Zkb Gold Etf Net Asset
| ZGLD Etf | CHF 850.20 11.90 1.42% |
Fundamental analysis of ZKB Gold allows traders to better anticipate movements in ZKB Gold's stock price by examining its financial health and performance throughout various phases of its business cycle.
ZKB |
ZKB Gold ETF ETF Net Asset Analysis
ZKB Gold's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Based on the recorded statements, ZKB Gold ETF has a Net Asset of 0.0. This indicator is about the same for the Swisscanto Fondsleitung AG average (which is currently at 0.0) family and about the same as Net Asset (which currently averages 0.0) category. This indicator is about the same for all Switzerland etfs average (which is currently at 0.0).
ZKB Net Asset 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 Net Asset 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 net asset as compared to similar ETFs.
ZKB Fundamentals
| One Year Return | 16.49 % | |||
| Three Year Return | 2.33 % | |||
| Five Year Return | 4.58 % | |||
| Ten Year Return | 2.95 % |
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.
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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.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.