ZKB Silver (Switzerland) Volatility
| ZSILUS Etf | USD 631.20 -55.50 -8.08% |
Recent trading patterns suggest ZKB Silver ETF maintains a high volatility profile. ZKB Silver ETF indicates a Sharpe Ratio (Efficiency) of 0.0371, showing reward per unit of risk over the last 3 months. The current market-risk setup reflects 29 technical indicators.
Sharpe Ratio = 0.0371
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Estimated Market Risk
| 5.89 actual daily | 52 52% of assets are less volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
ZKB Silver ETF posted a Market Risk Adjusted Performance of 0.4%, a Risk of 5.89, and a Risk Adjusted Performance of 0.1% for the reported period. Moving average data indicates ZKB Silver is positioned near 2% of its recent return envelope. Risk-adjusted contribution varies depending on portfolio structure.
Key indicators related to ZKB Silver's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Volatility analysis for ZKB Silver draws on both historical price data and forward-looking implied volatility from the options market. Together these measures provide a comprehensive view of ZKB Silver's risk profile.
ZKB |
Volatility Strategy
Observed trading dispersion in ZKB Silver ETF can affect long-term allocation structure. Current statistical measures show total volatility near 5.89% with a beta coefficient of 1.04, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of 0.0371, evaluates return per unit of total risk. An alpha value of 0.45 reflects performance relative to systematic market exposure. Expected return estimates near 0.22% are derived from historical distribution modeling and help frame forward-looking return assumptions within a portfolio context. ETF volatility includes both structural and trading layers.
Main indicators related to ZKB Silver's market risk premium analysis include:
Beta 1.04 | Alpha 0.45 | Risk 5.89 | Sharpe Ratio 0.0371 | Expected Return 0.22 |
Moving together with ZKB Etf
| 0.64 | ZGLDUS | ZKB Gold ETF | PairCorr |
| 0.61 | ZGLDEU | ZKB Gold ETF | PairCorr |
| 1.0 | ZSILEU | ZKB Silver ETF | PairCorr |
| 0.67 | AUUSI | UBS ETF Gold | PairCorr |
| 0.67 | AUCHAH | UBS ETF Gold | PairCorr |
| 0.99 | ZSIL | ZKB Silver ETF | PairCorr |
| 1.0 | ZSILHC | ZKB Silver ETF | PairCorr |
| 0.74 | AUCO | LG Gold Mining | PairCorr |
| 0.73 | GGMUSY | UBS ETF plc | PairCorr |
| 0.75 | IAUP | iShares Gold Producers | PairCorr |
Sensitivity To Market
ZKB Silver systematic risk exposure is reflected in a beta value of 1.04. Beta is derived from regression analysis comparing asset and benchmark returns. Measured volatility currently stands near 5.89%.Over the current lookback period, ZKB Silver ETF shows a high volatility profile, using downside deviation (6.18%) as a primary reference. ETF pricing may look more volatile when NAV updates lag intraday demand and supply. Premium/discount to NAV is often expressed as (Price − NAV) / NAV × 100 when NAV is available.
3 Months Beta |Analyze ZKB Silver ETF Demand TrendCheck current 90 days ZKB Silver correlation with market (Dow Jones Industrial)Downside Risk
Standard deviation for ZKB expresses the daily price volatility over a selected time horizon as a spread around the mean. High values indicate volatile instruments; low values indicate stable ones.
Standard Deviation | 5.89 |
For ZKB Silver investors, the distinction between upside and downside risk matters. Standard deviation measures total volatility including favorable moves, while downside deviation and semi-deviation isolate the loss risk in ZKB Silver's daily returns. ZKB Silver ETF posted a Downside Deviation of 6.18, a Downside Variance of 38.22, and a Maximum Drawdown of 28.76 for the reported period.
Etf Volatility Analysis
Volatility describes the degree to which ZKB Silver etf price fluctuates in either direction. Highly volatile etfs like ZKB Silver can offer significant profit opportunities, but also come with heightened risk.
Transformation |
This analysis covers sixty-one data points across the selected time horizon. ZKB Silver ETF Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Projected Return Density Against Market
Assuming the 90-day trading horizon ZKB Silver has a beta of 1.0393 . This usually means ZKB Silver ETF market returns are sensitive to returns on the market. As the market goes up or down, ZKB Silver is expected to follow.Systematic risk links ZKB Silver to overall etf market cycles, while unsystematic risk stems from company or sector-specific developments. Diversification addresses the latter, but macro sensitivity persists. Beta measures relative responsiveness. ZKB Silver ETF posted a Downside Deviation of 6.18, a Mean Deviation of 4.13, and a Semi Deviation of 5.84 for the reported period.
Predicted Return Density |
| Returns |
What Drives ZKB Silver's Price Volatility?
Several factors can influence ZKB Silver's market volatility:Industry Dynamics
Sector-level events can directly affect ZKB Silver's price stability. Regulatory changes, supply disruptions, or shifts in demand within ZKB Silver's industry may create volatility even when the broader market is calm. Competitive dynamics and industry consolidation can also amplify price swings for companies like ZKB Silver.Political and Economic Environment
Macroeconomic conditions and policy decisions shape the backdrop for ZKB Silver's price movements. Interest rate changes, trade policy shifts, and fiscal legislation can all alter investor sentiment toward ZKB Silver. During periods of economic expansion, ZKB Silver's price tends to benefit from broader market optimism, while downturns can amplify selling pressure.ZKB Silver's Company-Specific Factors
Volatility can also stem from events unique to ZKB Silver. Earnings surprises, management changes, product launches, or legal developments may trigger sharp price reactions in ZKB Silver's stock. Conversely, operational setbacks, guidance revisions, or data breaches can weigh on ZKB Silver's share price.Etf Risk Measures
Assuming the 90-day trading horizon the coefficient of variation of ZKB Silver is 2692.18. The daily returns are distributed with a variance of 34.66 and standard deviation of 5.89. The mean deviation of ZKB Silver ETF is currently at 4.4. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.79
α | Alpha over Dow Jones | 0.45 | |
β | Beta against Dow Jones | 1.04 | |
σ | Overall volatility | 5.89 | |
Ir | Information ratio | 0.08 |
Etf Return Volatility
ZKB Silver historical daily return volatility represents how much of ZKB Silver etf's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The ETF reported 5.8874% volatility on return distribution over a 90-day investment horizon. By contrast, Dow Jones Industrial has volatility of 0.8248% on return distribution over a 90-day investment horizon. Performance |
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Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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ZKB Silver Competition Risk-Adjusted Indicators
There is a big difference between ZKB Etf performing well and ZKB Silver ETF doing well as a business compared to the competition. Risk-adjusted metrics allow investors to compare ZKB Silver's efficiency and downside exposure against peers in a more meaningful way. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.48 | 0.00 | 0.00 | -0.08 | 0.00 | 2.33 | 14.24 | |||
| MSFT | 1.25 | -0.26 | 0.00 | -0.62 | 0.00 | 2.19 | 13.28 | |||
| UBER | 1.54 | -0.13 | 0.00 | -0.33 | 0.00 | 3.18 | 11.09 | |||
| F | 1.34 | -0.14 | 0.00 | -0.21 | 0.00 | 3.61 | 10.01 | |||
| T | 1.11 | 0.19 | 0.20 | -1.16 | 1.17 | 3.87 | 8.53 | |||
| A | 1.23 | -0.25 | 0.00 | -0.33 | 0.00 | 2.48 | 7.20 | |||
| CRM | 1.82 | -0.37 | 0.00 | -0.66 | 0.00 | 3.41 | 9.78 | |||
| JPM | 1.11 | -0.03 | 0.00 | -0.11 | 0.00 | 2.02 | 8.17 | |||
| MRK | 1.13 | 0.26 | 0.22 | 0.45 | 1.22 | 2.54 | 7.29 | |||
| XOM | 1.32 | 0.45 | 0.34 | 6.55 | 1.14 | 2.90 | 6.83 |
Risk Metrics, Assumptions & Methodology
Volatility for ZKB Silver reflects price dispersion, spread stability, and underlying basket liquidity conditions. Range expansion increases sensitivity to market stress conditions.
Inputs for ZKB Silver ETF come from fund disclosures and market reference feeds and are mapped into a consistent schema for analysis. Some fields can appear with publication lag. Volatility and downside metrics are estimated from historical return dispersion.
This content is curated and reviewed by:
Michael Smolkin - Member of Macroaxis Board of DirectorsZKB Silver Investment Opportunity
Recent data suggests that ZKB Silver ETF is meaningfully more volatile than Dow Jones Industrial, by roughly a 7.18x factor. The higher-risk profile should usually be reviewed beside Sharpe Ratio, downside risk, and catalyst strength before the position is sized up.You can use ZKB Silver ETF to protect your portfolios against small market fluctuations. This short-horizon strategy note focuses on what the latest move may imply for immediate trading context. It is intended to separate routine noise from more speculative bursts in price action. a very speculative upward sentiment. Check odds of ZKB Silver to be traded at $599.64 in 90 days.Modest diversification
Across the chosen horizon, ZSILUS and DJI show a correlation of 0.29 and fall into the Modest diversification bucket. The overlap area represents the portion of risk that may be diversified away when both instruments are held together and nothing else in the portfolio changes.
ZKB Silver Additional Risk Indicators
A broader risk-indicator set for ZKB Silver ETF can improve buy, hold, hedge, and sell decisions by adding context beyond the most common measures. This is most useful when investors want to understand whether the current opportunity is being paid for with reasonable risk.
| Risk Adjusted Performance | 0.0621 | |||
| Market Risk Adjusted Performance | 0.3624 | |||
| Mean Deviation | 4.13 | |||
| Semi Deviation | 5.84 | |||
| Downside Deviation | 6.18 | |||
| Coefficient Of Variation | 1486.07 | |||
| Standard Deviation | 5.59 |
ZKB Silver Suggested Diversification Pairs
Pair analysis around ZKB Silver ETF matters because it can turn one security idea into a more market-neutral structure. This framework is most useful when investors want to hedge directional moves caused by sector headlines or broad market pressure.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against ZKB Silver as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. ZKB Silver's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, ZKB Silver's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to ZKB Silver ETF.
More Resources for ZKB Etf Analysis
Other Information on Investing in ZKB Etf
At ZKB Silver, financial ratios outline links between core financial data. They outline how earnings and cash flow connect to company value. It keeps financial comparisons aligned across time frames. Values are aligned with the most recent reporting period available to us.