Golden Minerals Co Etf Profile
| GDMN Etf | USD 27.43 0.95 3.35% |
Performance13 of 100
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GOLDEN MINERALS is selling at 27.43 as of the 26th of April 2024; that is -3.35 percent down since the beginning of the trading day. The etf's open price was 28.38. GOLDEN MINERALS has 50 percent odds of going through some form of financial distress in the next two years but had a very good returns during the last 90 days. Equity ratings for GOLDEN MINERALS CO are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of February 2024 and ending today, the 26th of April 2024. Click here to learn more.
IPO Date 16th of December 2021 |
GOLDEN 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. GOLDEN MINERALS's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding GOLDEN MINERALS or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Materials ETFs, Sector ETFs, WisdomTree (View all Sectors) |
| Issuer | WisdomTree |
| Inception Date | 2021-12-16 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 8.47 Million |
| Asset Type | Equity |
| Category | Sector |
| Focus | Materials |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | State Street Bank and Trust Company |
| Advisor | WisdomTree Asset Management, Inc |
| Custodian | State Street Bank and Trust Company |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Marlene Walker-Smith, David France, Todd Frysinger, Vlasta Sheremeta, Michael Stoll |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Aug |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 60.0 |
| Market Maker | Susquehanna |
| Total Expense | 0.45 |
| Management Fee | 0.45 |
| Name | GOLDEN MINERALS CO |
| Currency Code | USD |
| Trailing Price Earnings | 29.0699 |
| 50 Day M A | 24.3557 |
| Code | GDMN |
| Country Name | USA |
| Open Figi | BBG013ZGZJ35 |
| 200 Day M A | 23.1552 |
| Updated At | 25th of April 2024 |
| Currency Name | US Dollar |
| Type | Common Stock |
| I P O Date | 16th of December 2021 |
| Price Earnings Ratio | 29.0699 |
| Is Delisted | false |
GOLDEN MINERALS CO [GDMN] is traded in USA and was established 2021-12-14. The fund is listed under WisdomTree family. The entity is thematically classified as Materials ETFs. GOLDEN MINERALS CO currently have 6.48 M in assets under management (AUM).
Check GOLDEN MINERALS Probability Of Bankruptcy
Geographic Allocation (%)
GOLDEN MINERALS CO Currency Exposure
GOLDEN MINERALS CO holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of GOLDEN MINERALS will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in GOLDEN MINERALS CO.
GOLDEN MINERALS Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of GOLDEN MINERALS jumping above the current price in 90 days from now is about 10.1%. The GOLDEN MINERALS CO probability density function shows the probability of GOLDEN MINERALS etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days GOLDEN MINERALS CO has a beta of -1.1156. This usually indicates Additionally, gOLDEN MINERALS CO has an alpha of 0.4938, implying that it can generate a 0.49 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of GOLDEN MINERALS to move above the current price in 90 days from now is about 10.1 (This GOLDEN MINERALS CO probability density function shows the probability of GOLDEN Etf to fall within a particular range of prices over 90 days) .
GOLDEN MINERALS CO Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. GOLDEN MINERALS market risk premium is the additional return an investor will receive from holding GOLDEN MINERALS 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 GOLDEN MINERALS. 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 GOLDEN MINERALS's alpha and beta are two of the key measurements used to evaluate GOLDEN MINERALS's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1201 | |||
| Jensen Alpha | 0.4938 | |||
| Total Risk Alpha | 0.1362 | |||
| Sortino Ratio | 0.1445 |
GOLDEN MINERALS Against Markets
Picking the right benchmark for GOLDEN MINERALS 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 GOLDEN MINERALS 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 GOLDEN MINERALS is critical whether you are bullish or bearish towards GOLDEN MINERALS CO at a given time. Please also check how GOLDEN MINERALS's historical prices are related to one of the top price index indicators.
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How to buy GOLDEN Etf?
Before investing in GOLDEN MINERALS, 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 GOLDEN MINERALS. To buy GOLDEN MINERALS etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of GOLDEN MINERALS. 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 GOLDEN MINERALS etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located GOLDEN MINERALS CO 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 GOLDEN MINERALS CO 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 GOLDEN MINERALS CO, 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 GOLDEN MINERALS CO?
The danger of trading GOLDEN MINERALS CO 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 GOLDEN MINERALS 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 GOLDEN MINERALS. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile GOLDEN MINERALS CO 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GOLDEN MINERALS CO. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population. To learn how to invest in GOLDEN Etf, please use our How to Invest in GOLDEN MINERALS guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of GOLDEN MINERALS CO is measured differently than its book value, which is the value of GOLDEN that is recorded on the company's balance sheet. Investors also form their own opinion of GOLDEN MINERALS's value that differs from its market value or its book value, called intrinsic value, which is GOLDEN MINERALS'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 GOLDEN MINERALS's market value can be influenced by many factors that don't directly affect GOLDEN MINERALS'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 GOLDEN MINERALS's value and its price as these two are different measures arrived at by different means. Investors typically determine if GOLDEN MINERALS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GOLDEN MINERALS'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.