Ishares Gold Strategy Etf Price on February 7, 2024
| IAUF Etf | USD 63.35 0.82 1.31% |
Below is the normalized historical share price chart for iShares Gold Strategy extending back to June 15, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of IShares Gold stands at 63.35, as last reported on the 17th of May 2024, with the highest price reaching 63.35 and the lowest price hitting 63.35 during the day.
If you're considering investing in IShares Etf, it is important to understand the factors that can impact its price. IShares Gold appears to be very steady, given 3 months investment horizon. iShares Gold Strategy holds Efficiency (Sharpe) Ratio of 0.29, which attests that the entity had a 0.29% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for iShares Gold Strategy, which you can use to evaluate the volatility of the entity. Please utilize IShares Gold's Downside Deviation of 0.873, market risk adjusted performance of 0.6568, and Risk Adjusted Performance of 0.187 to validate if our risk estimates are consistent with your expectations.
IShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 13.97 | 200 Day MA 57.4354 | 1 y Volatility 13.32 | 50 Day MA 60.0138 | Inception Date 2018-06-06 |
IShares |
Sharpe Ratio = 0.291
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.9 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 22 78% of assets perform better |
Based on monthly moving average IShares Gold is performing at about 22% of its full potential. 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 IShares Gold by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 44 K |
IShares Gold Valuation on February 7, 2024
It is possible to determine the worth of IShares Gold on a given historical date. On February 7, 2024 IShares was worth 53.61 at the beginning of the trading date compared to the closed value of 53.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IShares Gold etf. Still, in general, we apply an absolute valuation method to find IShares Gold's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of IShares Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IShares Gold's related companies.
| Open | High | Low | Close | Volume | |
| 53.30 | 53.71 | 53.30 | 53.60 | 1,556 | |
02/07/2024 | 53.61 | 53.61 | 53.50 | 53.58 | 2,789 |
| 53.25 | 53.49 | 53.25 | 53.49 | 9,388 |
| Backtest IShares Gold | | | IShares Gold History | | | IShares Gold Valuation | Previous | Next |
IShares Gold Trading Date Momentum on February 7, 2024
| On February 08 2024 iShares Gold Strategy was traded for 53.49 at the closing time. The top price for the day was 53.49 and the lowest listed price was 53.25 . The trading volume for the day was 9.4 K. The trading history from February 8, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.17% . The trading date delta against the current closing price is 0.37% . |
iShares Gold Strategy Fundamentals Correlations and Trends
By evaluating IShares Gold's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among IShares Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About IShares Gold Etf history
IShares Gold investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for IShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in iShares Gold Strategy will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing IShares Gold stock prices may prove useful in developing a viable investing in IShares Gold
IShares Gold Etf Technical Analysis
IShares Gold technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
IShares Gold Period Price Range
Low | February 7, 2024
| High |
53.61 | 53.58 |
IShares Gold May 17, 2024 Market Strength
Market strength indicators help investors to evaluate how IShares Gold etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IShares Gold shares will generate the highest return on investment. By undertsting and applying IShares Gold etf market strength indicators, traders can identify iShares Gold Strategy entry and exit signals to maximize returns
| Accumulation Distribution | 5.72 | |||
| Daily Balance Of Power | (0.27) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 53.56 | |||
| Day Typical Price | 53.56 | |||
| Price Action Indicator | 0.01 | |||
| Period Momentum Indicator | 9.77 |
IShares Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IShares Gold's price direction in advance. Along with the technical and fundamental analysis of IShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of IShares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.187 | |||
| Jensen Alpha | 0.2209 | |||
| Total Risk Alpha | 0.1153 | |||
| Sortino Ratio | 0.1855 | |||
| Treynor Ratio | 0.6468 |
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Gold Strategy. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
The market value of iShares Gold Strategy is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Gold's value that differs from its market value or its book value, called intrinsic value, which is IShares 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 IShares Gold's market value can be influenced by many factors that don't directly affect IShares 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 IShares Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares 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.