GS Physical Etf Performance

AAAU -  USA Etf  

USD 18.05  0.06  0.33%

The etf owns a Beta (Systematic Risk) of 0.0154, which attests to not very significant fluctuations relative to the market. Let's try to break down what GS Physical's beta means in this case. As returns on the market increase, GS Physical returns are expected to increase less than the market. However, during the bear market, the loss on holding GS Physical will be expected to be smaller as well. Although it is extremely important to respect GS Physical Gold existing price patterns, it is better to be realistic regarding the information on equity price patterns. The way in which we are determining future performance of any etf is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting GS Physical Gold technical indicators, you can at this moment evaluate if the expected return of 0.0463% will be sustainable into the future.

GS Physical Etf Performance 

 
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GS Physical Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in GS Physical Gold are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, GS Physical is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more

GS Physical Price Channel

Fifty Two Week Low16.69
Fifty Two Week High19.00

GS Physical Relative Risk vs. Return Landscape

If you would invest  1,755  in GS Physical Gold on October 18, 2021 and sell it today you would earn a total of  50.00  from holding GS Physical Gold or generate 2.85% return on investment over 90 days. GS Physical Gold is currently generating 0.0463% in daily expected returns and assumes 0.6925% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of etfs are less volatile than GS Physical, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days GS Physical is expected to generate 0.88 times more return on investment than the market. However, the company is 1.13 times less risky than the market. It trades about 0.07 of its potential returns per unit of risk. The DOW is currently generating roughly 0.04 per unit of risk.

GS Physical Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for GS Physical's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as GS Physical Gold, and traders can use it to determine the average amount a GS Physical's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0668

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Estimated Market Risk
 0.69
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 5 %
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Based on monthly moving average GS Physical is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of GS Physical by adding it to a well-diversified portfolio.

About GS Physical Performance

To evaluate GS Physical Gold Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when GS Physical generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare GS Physical Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand GS Physical Gold stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents GS Physical's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The investment seeks to provide investors with an opportunity to invest in gold through shares, and have the gold securely stored by the Custodial Sponsor reflecting the performance of the price of gold less the expenses of the trusts operations is the secondary consideration. GS Physical is traded on NYSEArca Exchange in the United States.

Things to note about GS Physical Gold

Checking the ongoing alerts about GS Physical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GS Physical Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

GS Physical Alerts

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Latest headline from www.pionline.com: 2022 a decisive year for move into active ETFs - Pensions Investments
The fund holds all of the assets under management (AUM) in different types of exotic instruments
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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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.