IShares Gold (Switzerland) Profile
| CSGOLD Etf | USD 224.00 5.90 2.57% |
Performance21 of 100
| Odds Of DistressLess than 10
|
IShares Gold is trading at 224.00 as of the 23rd of April 2024, a -2.57 percent decrease since the beginning of the trading day. The etf's open price was 229.9. IShares Gold has less than a 10 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for iShares Gold ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2022 and ending today, the 23rd of April 2024. Click here to learn more.
The Fund aims to achieve a return on your investment, through capital growth on the Funds assets, which reflects the performance of gold as closely as possible. iShares Gold is traded on Switzerland Exchange in Switzerland. More on iShares Gold ETF
Moving together with IShares Etf
| 0.7 | JPNJPA | UBSFund Solutions MSCI | PairCorr |
| 0.76 | VUSA | Vanguard SP 500 | PairCorr |
| 0.68 | LYJPN | Lyxor Japan UCITS | 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 | null, BlackRock Asset Management Schweiz AG (View all Sectors) |
iShares Gold ETF [CSGOLD] is traded in Switzerland and was established 2009-10-05. The fund is listed under null category and is part of BlackRock Asset Management Schweiz AG family. iShares Gold ETF currently have 414.71 M in assets under management (AUM). , while the total return for the last 3 years was 1.92%.
Check IShares Gold Probability Of Bankruptcy
IShares Gold Target Price Odds Analysis
What are IShares Gold's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of IShares Gold jumping above the current price in 90 days from now is about 6.55%. The iShares Gold ETF probability density function shows the probability of IShares Gold etf to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon iShares Gold ETF has a beta of -0.1855 suggesting as returns on the benchmark increase, returns on holding IShares Gold are expected to decrease at a much lower rate. During a bear market, however, iShares Gold ETF is likely to outperform the market. Additionally, iShares Gold ETF has an alpha of 0.232, implying that it can generate a 0.23 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 6.55 (This iShares Gold ETF probability density function shows the probability of IShares Etf to fall within a particular range of prices over 90 days) .
iShares Gold ETF 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.
| Mean Deviation | 0.6253 | |||
| Semi Deviation | 0.6095 | |||
| Standard Deviation | 0.8556 | |||
| Variance | 0.7321 |
iShares Gold ETF Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. iShares Gold ETF Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe IShares Gold price patterns.
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 ETF 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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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 ETF 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 ETF 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 ETF, 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.
Already Invested in iShares Gold ETF?
The danger of trading iShares Gold ETF 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 ETF 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in iShares Gold ETF. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..