Spdr Gold Shares Etf Performance
| GLD Etf | USD 307.40 2.87 0.93% |
The entity has a beta of 0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SPDR Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPDR Gold is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days SPDR Gold Shares has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound essential indicators, SPDR Gold is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| In Threey Sharp Ratio | 1.13 |
SPDR Gold Relative Risk vs. Return Landscape
If you would invest 30,907 in SPDR Gold Shares on April 27, 2025 and sell it today you would lose (167.00) from holding SPDR Gold Shares or give up 0.54% of portfolio value over 90 days. SPDR Gold Shares is generating negative expected returns assuming volatility of 1.2389% on return distribution over 90 days investment horizon. In other words, 11% of etfs are less volatile than SPDR, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
SPDR Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Gold's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR Gold Shares, and traders can use it to determine the average amount a SPDR Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -8.0E-4
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GLD |
Estimated Market Risk
| 1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SPDR Gold is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of SPDR Gold by adding SPDR Gold to a well-diversified portfolio.
SPDR Gold Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR Gold, and SPDR Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on SPDR Etf performance.
| Price To Earning | 27.46 X | |||
| Earnings Per Share | 4.04 X | |||
| Total Asset | 50.49 B | |||
About SPDR Gold Performance
By analyzing SPDR Gold's fundamental ratios, stakeholders can gain valuable insights into SPDR Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SPDR Gold has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if SPDR Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The Trust holds gold bars and from time to time, issues Baskets in exchange for deposits of gold and distributes gold in connection with redemptions of Baskets. Gold SPDR is traded on NYSEARCA Exchange in the United States.| SPDR Gold Shares generated a negative expected return over the last 90 days | |
| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SPDR Gold Shares. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of SPDR Gold Shares is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Gold's value that differs from its market value or its book value, called intrinsic value, which is SPDR Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR Gold's market value can be influenced by many factors that don't directly affect SPDR Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR 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.