Ishares Gold Trust Etf Performance
IAU Etf | USD 43.91 0.13 0.30% |
The etf retains a Market Volatility (i.e., Beta) of 0.37, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IShares Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Gold is expected to be smaller as well.
Risk-Adjusted Performance
22 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in iShares Gold Trust are ranked lower than 22 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively abnormal basic indicators, IShares Gold unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Charles Schwab Investment Advisory Inc. Boosts Holdings in iShares Gold Trust | 02/05/2024 |
2 | iShares Gold Trust Stock Position Increased by Glenview Trust co | 02/21/2024 |
3 | Regal Investment Advisors LLC Sells 2,492 Shares of iShares Gold Trust | 02/22/2024 |
4 | Stifel Financial Corp Cuts Holdings in iShares Gold Trust | 02/23/2024 |
5 | CWA Asset Management Group LLC Sells 760 Shares of iShares Gold Trust | 02/29/2024 |
6 | Gold ETFs Diverge From Spot Prices Record Ninth Consecutive Month Of Outflows - Markets Insider | 03/08/2024 |
7 | 5 Best Gold ETFs To Buy Now | 03/19/2024 |
8 | Realta Investment Advisors Lowers Position in iShares Gold Trust - Defense World | 04/01/2024 |
9 | iShares Gold Trust Hits New 1-Year High at 44.64 - Defense World | 04/11/2024 |
10 | Geneos Wealth Management Inc. Acquires 282 Shares of iShares Gold Trust - Defense World | 04/16/2024 |
In Threey Sharp Ratio | 0.48 |
IShares |
IShares Gold Relative Risk vs. Return Landscape
If you would invest 3,808 in iShares Gold Trust on January 24, 2024 and sell it today you would earn a total of 596.00 from holding iShares Gold Trust or generate 15.65% return on investment over 90 days. iShares Gold Trust is generating 0.2383% of daily returns assuming volatility of 0.8397% on return distribution over 90 days investment horizon. In other words, 7% of etfs are less volatile than IShares, and above 96% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
Risk |
IShares Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Gold's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iShares Gold Trust, and traders can use it to determine the average amount a IShares Gold'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 = 0.2838
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average IShares Gold is performing at about 22% 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 IShares Gold by adding it to a well-diversified portfolio.
IShares Gold Fundamentals Growth
IShares Etf prices reflect investors' perceptions of the future prospects and financial health of IShares Gold, and IShares Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on IShares Etf performance.
Price To Earning | 60.88 X | |||
Earnings Per Share | 0.46 X | |||
Total Asset | 25.74 B | |||
About IShares Gold Performance
To evaluate iShares Gold Trust 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 IShares Gold 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 IShares 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 iShares Gold Trust market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents IShares'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 Trust seeks to reflect such performance before payment of the Trusts expenses and liabilities. Ishares Gold is traded on NYSEARCA Exchange in the United States.Latest headline from news.google.com: Geneos Wealth Management Inc. Acquires 282 Shares of iShares Gold Trust - Defense World | |
The fund retains all of the assets under management (AUM) in different types of exotic instruments |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Gold Trust. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the iShares Gold Trust information on this page should be used as a complementary analysis to other IShares Gold'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 the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of iShares Gold Trust is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Gold's value that differs from its market value or its book value, called intrinsic value, which is IShares Gold'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 IShares Gold's market value can be influenced by many factors that don't directly affect IShares Gold'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 IShares Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Gold'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.