Ishares Gold Strategy Etf Profile
| IAUF Etf | USD 61.02 0.18 0.29% |
Performance20 of 100
| Odds Of DistressLess than 9
|
IShares Gold is trading at 61.02 as of the 24th of April 2024. This is a -0.29 percent decrease since the beginning of the trading day. The etf's lowest day price was 60.66. IShares Gold has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for iShares Gold Strategy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
The underlying index is composed of exchange-traded gold futures contracts and one or more ETPs backed by or linked to physical gold. Ishares Gold is traded on BATS Exchange in the United States. More on iShares Gold Strategy
Moving together with IShares Etf
| 1.0 | GLD | SPDR Gold Shares Sell-off Trend | PairCorr |
| 1.0 | IAU | iShares Gold Trust Sell-off Trend | PairCorr |
| 0.98 | SLV | iShares Silver Trust | PairCorr |
| 1.0 | GLDM | SPDR Gold MiniShares Sell-off Trend | PairCorr |
| 1.0 | SGOL | abrdn Physical Gold Sell-off Trend | PairCorr |
| 0.89 | USO | United States Oil | PairCorr |
| 0.94 | DBA | Invesco DB Agriculture | PairCorr |
Moving against IShares Etf
| 0.86 | HUM | Humana Inc Earnings Call Today | PairCorr |
| 0.56 | PFE | Pfizer Inc Earnings Call This Week | PairCorr |
| 0.42 | FNGD | MicroSectors FANG Index Downward Rally | PairCorr |
IShares Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. IShares Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IShares Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Commodities Focused, iShares (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 12.24 |
| Name | iShares Gold Strategy |
| Currency Code | USD |
| In Threey Volatility | 13.95 |
| 1y Volatility | 13.11 |
| 200 Day M A | 57.2084 |
| 50 Day M A | 57.4552 |
| Code | IAUF |
| Updated At | 24th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.43 |
| Type | ETF |
iShares Gold Strategy [IAUF] is traded in USA and was established 2018-06-06. The fund is listed under Commodities Focused category and is part of iShares family. iShares Gold Strategy currently have 37.85 M in assets under management (AUM). , while the total return for the last 3 years was 8.5%.
Check IShares Gold Probability Of Bankruptcy
Top iShares Gold Strategy Etf Constituents
| MUFG | Mitsubishi UFJ Financial | Stock | Financials |
| HPQ | HP Inc | Stock | Information Technology |
| KDP | Keurig Dr Pepper | Stock | Consumer Staples |
| WEC | WEC Energy Group | Stock | Utilities |
| WFC | Wells Fargo | Stock | Financials |
| NEE | Nextera Energy | Stock | Utilities |
| BMY | Bristol Myers Squibb | Stock | Health Care |
IShares Gold Target Price Odds Analysis
In reference to a normal probability distribution, the odds of IShares Gold jumping above the current price in 90 days from now is about 8.98%. The iShares Gold Strategy probability density function shows the probability of IShares Gold etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days IShares Gold has a beta of 0.2864. This usually indicates as returns on the market go up, IShares Gold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding iShares Gold Strategy will be expected to be much smaller as well. Additionally, iShares Gold Strategy has an alpha of 0.1737, implying that it can generate a 0.17 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of IShares Gold to move above the current price in 90 days from now is about 8.98 (This iShares Gold Strategy probability density function shows the probability of IShares Etf to fall within a particular range of prices over 90 days) .
IShares Gold Top Holders
| MSMR | ETF Series Solutions | Etf | Moderate Allocation |
iShares Gold Strategy Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. IShares Gold market risk premium is the additional return an investor will receive from holding IShares Gold long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although IShares Gold's alpha and beta are two of the key measurements used to evaluate IShares Gold's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1609 | |||
| Jensen Alpha | 0.1737 | |||
| Total Risk Alpha | 0.0861 | |||
| Sortino Ratio | 0.1432 |
IShares Gold Against Markets
Picking the right benchmark for IShares Gold etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in IShares Gold etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for IShares Gold is critical whether you are bullish or bearish towards iShares Gold Strategy at a given time. Please also check how IShares Gold's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in IShares Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Fundamental AnalysisView fundamental data based on most recent published financial statements |
| All Next | Launch Module |
How to buy IShares Etf?
Before investing in IShares Gold, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in IShares Gold. To buy IShares Gold etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of IShares Gold. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase IShares Gold etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located iShares Gold Strategy etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased iShares Gold Strategy etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as iShares Gold Strategy, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy IShares Etf please use our How to Invest in IShares Gold guide.
Already Invested in iShares Gold Strategy?
The danger of trading iShares Gold Strategy is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of IShares Gold is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than IShares Gold. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile iShares Gold Strategy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether iShares Gold Strategy is a strong investment it is important to analyze IShares Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IShares Gold's future performance. For an informed investment choice regarding IShares Etf, refer to the following important reports: 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.