Global Gold Financials
| AGGWX Fund | USD 12.05 0.04 0.33% |
Global |
Please note that past performance is not an indicator of the future performance of Global Gold, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Global Gold Fund Summary
Global Gold competes with First Eagle, First Eagle, and Oppenheimer Gold. The fund invests at least 80 percent of its net assets in companies that are engaged in mining, processing, fabricating, distributing, exploring for or otherwise dealing in gold. It is non-diversified.Specialization | Equity Precious Metals, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | AMERICAN CENTURY QUANTITATIVE |
| Mutual Fund Family | American Century Investments |
| Mutual Fund Category | Equity Precious Metals |
| Benchmark | NYSE Composite |
| Phone | 800 345 2021 |
| Currency | USD - US Dollar |
You should never invest in Global Gold Fund without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Global Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Global Gold's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Global Gold Key Financial Ratios
Generally speaking, Global Gold's financial ratios allow both analysts and investors to convert raw data from Global Gold's financial statements into concise, actionable information that can be used to evaluate the performance of Global Gold over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Global Gold Fund reports annually and quarterly.Global Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Global Gold's current stock value. Our valuation model uses many indicators to compare Global Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Global Gold competition to find correlations between indicators driving Global Gold's intrinsic value. More Info.Global Gold Fund is third largest fund in price to earning among similar funds. It is the top fund in price to book among similar funds fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Global Gold Fund is roughly 13.33 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Global Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Global Gold's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Global Gold's earnings, one of the primary drivers of an investment's value.Global Gold Fund Systematic Risk
Global Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Global Gold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourty-eight with a total number of output elements of thirteen. The Beta measures systematic risk based on how returns on Global Gold Fund correlated with the market. If Beta is less than 0 Global Gold generally moves in the opposite direction as compared to the market. If Global Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Global Gold Fund is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Global Gold is generally in the same direction as the market. If Beta > 1 Global Gold moves generally in the same direction as, but more than the movement of the benchmark.
Global Gold Thematic Clasifications
Global Gold Fund is part of Precious Metals Funds investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Funds investing in various precious metals. Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals
This theme covers Funds investing in various precious metals. Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals. Get More Thematic Ideas
Global Gold Fund is fourth largest fund in net asset among similar funds. Total Asset Under Management (AUM) of Equity Precious Metals category is currently estimated at about 6.78 Billion. Global Gold holds roughly 320.17 Million in net asset claiming about 5% of all funds under Equity Precious Metals category.| Precious Metals Funds | View |
Global Gold May 17, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Global Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Global Gold Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Global Gold Fund based on widely used predictive technical indicators. In general, we focus on analyzing Global Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Global Gold's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.65 | |||
| Information Ratio | 0.2388 | |||
| Maximum Drawdown | 8.96 | |||
| Value At Risk | (1.68) | |||
| Potential Upside | 3.22 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Global Gold Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.