GS Physical Etf Profile

AAAU -  USA Etf  

USD 18.32  0.01  0.05%

Market Performance
2 of 100
Odds Of Distress
Less than 1
GS Physical is selling for under 18.32 as of the 23rd of May 2022; that is 0.05 percent up since the beginning of the trading day. The etf's last reported lowest price was 18.21. GS Physical has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for GS Physical Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of April 2021 and ending today, the 23rd of May 2022. Click here to learn more.
The trust holds London Bars and Physical Gold of other specifications without numismatic value. GS Physical is traded on NYSEArca Exchange in the United States. More on GS Physical Gold

GS Physical 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. GS Physical's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding GS Physical or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
GS Physical Gold generated a negative expected return over the last 90 days
GS Physical Gold is unlikely to experience financial distress in the next 2 years
The fund holds all of the assets under management (AUM) in different types of exotic instruments
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of GS Physical's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellFairly Valued
IssuerGoldman Sachs
DescriptionGoldman Sachs Physical Gold ETF
Inception Date2018-07-26
Entity TypeGrantor Trust
Asset Under Management555.64 Million
Asset TypeCommodities
CategoryPrecious Metals
FocusGold
Market ConcentrationBlended Development
RegionGlobal
AdministratorGoldman Sachs Asset Management, L.P.
AdvisorGoldman Sachs Asset Management, L.P.
CustodianJPMorgan Chase Bank, N.A.
DistributorALPS Distributors, Inc
Portfolio ManagerGoldman Sachs Asset Management, L.P.
Transfer AgentJPMorgan Chase Bank, N.A.
TrusteeThe Bank of New York Mellon Corporation
Fiscal Year End31-Dec
ExchangeNYSE Arca, Inc.
Number of Constituents1.0
Market MakerVirtu Financial
Total Expense0.18
Management Fee0.18
Nav Price17.99
Two Hundred Day Average18.25
Ytd1.71%
Average Daily Volume In Three Month1.41M
Fifty Two Week Low17.09
As Of Date11th of May 2022
Average Daily Volume Last 10 Day2.46M
Fifty Two Week High20.57
One Month-5.11%
Fifty Day Average18.97
Three Month1.10%
Beta In Three Year0.05
GS Physical Gold [AAAU] is traded in USA and was established 2018-07-24. The fund is listed under Precious Metals category and is part of Goldman Sachs family. GS Physical Gold presently have 730.95 M in assets under management (AUM). , while the total return for the last 3 years was 12.71%.
Check GS Physical Probability Of Bankruptcy

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on GS Physical Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding GS Physical , and the less return is expected.

GS Physical Target Price Odds Analysis

What are GS Physical's target price odds to finish over the current price? Attributed to a normal probability distribution, the odds of GS Physical jumping above the current price in 90 days from now is about 92.51%. The GS Physical Gold probability density function shows the probability of GS Physical etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days GS Physical Gold has a beta of -0.1983. This suggests as returns on benchmark increase, returns on holding GS Physical are expected to decrease at a much lower rate. During the bear market, however, GS Physical Gold is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. GS Physical Gold is significantly underperforming DOW.
  Odds Below 18.32HorizonTargetOdds Above 18.32
7.35%90 days
 18.32 
92.51%
Based on a normal probability distribution, the odds of GS Physical to move above the current price in 90 days from now is about 92.51 (This GS Physical Gold probability density function shows the probability of GS Physical Etf to fall within a particular range of prices over 90 days) .

GS Physical Top Holders

GS Physical Gold Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. GS Physical market risk premium is the additional return an investor will receive from holding GS Physical 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 GS Physical. 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 GS Physical's alpha and beta are two of the key measurements used to evaluate GS Physical's performance over the market, the standard measures of volatility play an important role as well.

GS Physical Gold Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. GS Physical Gold Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe GS Physical price patterns.
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GS Physical Against Markets

Picking the right benchmark for GS Physical 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 GS Physical 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 GS Physical is critical whether you are bullish or bearish towards GS Physical Gold at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in GS Physical without increasing your portfolio risk or giving up 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.

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Investing GS Physical Gold

You need to understand the risk of investing before taking a position in GS Physical. The danger of trading GS Physical Gold 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 GS Physical 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 GS Physical. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile GS Physical Gold 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.
Please continue to Trending Equities. Note that the GS Physical Gold information on this page should be used as a complementary analysis to other GS Physical's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for GS Physical Etf analysis

When running GS Physical Gold price analysis, check to measure GS Physical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GS Physical is operating at the current time. Most of GS Physical's value examination focuses on studying past and present price action to predict the probability of GS Physical's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move GS Physical's price. Additionally, you may evaluate how the addition of GS Physical to your portfolios can decrease your overall portfolio volatility.
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The market value of GS Physical Gold is measured differently than its book value, which is the value of GS Physical that is recorded on the company's balance sheet. Investors also form their own opinion of GS Physical's value that differs from its market value or its book value, called intrinsic value, which is GS Physical'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 GS Physical's market value can be influenced by many factors that don't directly affect GS Physical'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 GS Physical's value and its price as these two are different measures arrived at by different means. Investors typically determine GS Physical value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GS Physical'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.