Gold And Precious Fund Quote
| USERX Fund | USD 10.93 0.05 0.46% |
Performance11 of 100
| Odds Of DistressLess than 19
|
Gold And is trading at 10.93 as of the 25th of April 2024; that is -0.46% down since the beginning of the trading day. The fund's open price was 10.98. Gold And has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Gold And Precious are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of May 2022 and ending today, the 25th of April 2024. Click here to learn more.
Under normal market conditions, the fund will invest at least 80 percent of its net assets in equity and equity-related securities of companies principally involved in the mining, fabrication, processing, marketing or distribution of precious metals including gold, silver, platinum group, palladium, as well as diamonds. More on Gold And Precious
Moving together with Gold Mutual Fund
| 0.89 | UNWPX | World Precious Minerals | PairCorr |
| 0.93 | PSPFX | Global Resources | PairCorr |
| 0.66 | UGSDX | Us Government Securities | PairCorr |
| 0.99 | SGGDX | First Eagle Gold | PairCorr |
Moving against Gold Mutual Fund
| 0.62 | GAAGX | Gmo Alternative Allo | PairCorr |
| 0.61 | GAAKX | Gmo Alternative Allo | PairCorr |
Gold Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Gold And's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Gold And or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of May 2023 |
| Fiscal Year End | December |
Gold And Precious [USERX] is traded in USA and was established 25th of April 2024. Gold And is listed under U.S. Global Investors category by Fama And French industry classification. The fund is listed under Equity Precious Metals category and is part of U.S. Global Investors family. The entity is thematically classified as Precious Metals Funds. This fund at this time has accumulated 99.89 M in net assets with minimum initial investment of 5 K. Gold And Precious is currently producing year-to-date (YTD) return of 13.35%, while the total return for the last 3 years was -4.55%.
Check Gold And Probability Of Bankruptcy
Instrument Allocation
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 Gold Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Gold Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Gold And Precious Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Gold And Precious Mutual Fund Constituents
| JNUG | Direxion Daily Junior | Etf | Trading--Leveraged Equity |
| NEM | Newmont Goldcorp Corp | Stock | Materials |
| NUGT | Direxion Daily Gold | Etf | Trading--Leveraged Equity |
| HL | Hecla Mining | Stock | Materials |
Gold And Target Price Odds Analysis
Based on a normal probability distribution, the odds of Gold And jumping above the current price in 90 days from now is about 7.03%. The Gold And Precious probability density function shows the probability of Gold And mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.3185. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Gold And will likely underperform. Additionally, gold And Precious has an alpha of 0.1602, implying that it can generate a 0.16 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Gold And to move above the current price in 90 days from now is about 7.03 (This Gold And Precious probability density function shows the probability of Gold Mutual Fund to fall within a particular range of prices over 90 days) .
Gold And Precious Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Gold And market risk premium is the additional return an investor will receive from holding Gold And 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 Gold And. 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 Gold And's alpha and beta are two of the key measurements used to evaluate Gold And's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.3 | |||
| Semi Deviation | 1.37 | |||
| Standard Deviation | 1.63 | |||
| Variance | 2.66 |
Gold And Against Markets
Picking the right benchmark for Gold And mutual fund 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 Gold And mutual fund 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 Gold And is critical whether you are bullish or bearish towards Gold And Precious at a given time. Please also check how Gold And'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 Gold And 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?
Run Analyst Advice Now
Analyst AdviceAnalyst recommendations and target price estimates broken down by several categories |
| All Next | Launch Module |
How to buy Gold Mutual Fund?
Before investing in Gold And, 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 Gold And. To buy Gold And fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Gold And. 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 Gold And fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Gold And Precious fund 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 Gold And Precious fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Gold And Precious, 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 fund 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 Gold And Precious?
The danger of trading Gold And Precious is mainly related to its market volatility and Mutual Fund 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 Gold And 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 Gold And. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Gold And Precious 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Gold And Precious. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.