SPDR Competitors

Stocks Germany . 
Stock . SPDR Gold Shares
GQ9 Stock  EUR 232.30  0.92  0.40%   
SPDR Gold Shares competes with Apple, Apple, Apple, Apple, and Apple; as well as few others. Analyzing SPDR Gold competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of SPDR Gold to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out SPDR Gold Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of SPDR Gold competition on your existing holdings.
  
Hype
Prediction
LowEstimatedHigh
231.32232.30233.28
Details
Intrinsic
Valuation
LowRealHigh
199.81200.79255.53
Details

SPDR Gold Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between SPDR Gold and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of SPDR and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of SPDR Gold Shares does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between SPDR Stock performing well and SPDR Gold Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze SPDR Gold's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
APC  0.90  0.23  0.18  1.20  0.93 
(1.00)
 1.81 
(1.75)
 4.97 
APC  0.84  0.26  0.19  0.93  0.98 
(0.92)
 1.88 
(1.73)
 5.24 
APC  0.85  0.23  0.19  0.68  0.86 
(0.94)
 2.06 
(1.76)
 4.50 
APC  0.92  0.24  0.16  20.15  1.07 
(0.97)
 2.22 
(1.83)
 6.45 
APC  0.91  0.23  0.20  5.09  0.79 
(1.06)
 2.33 
(1.69)
 5.24 
APC  0.85  0.25  0.20  1.43  0.99 
(0.96)
 1.88 
(1.61)
 6.46 
MSF  0.96  0.11  0.07  0.58  1.24 
(1.17)
 2.55 
(1.46)
 8.71 
MSF  1.04  0.09  0.05  1.34  1.36 
(1.18)
 2.35 
(1.75)
 9.11 
MSF  1.00  0.11  0.06  1.06  1.48 
(1.16)
 2.42 
(1.66)
 11.42 
MSF  0.93  0.09  0.04 (9.07) 1.35 
(1.02)
 2.04 
(1.49)
 8.79 
All Fundamental Data

SPDR Gold Competitive Analysis

The better you understand SPDR Gold competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, SPDR Gold's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across SPDR Gold's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
GQ9 APC APC APC APC APC APC MSF MSF MSF
 0.40 
 232.30 
SPDR
 0.21 
 242.20 
Apple
 1.02 
 243.30 
Apple
 0.14 
 241.50 
Apple
 0.52 
 241.15 
Apple
 0.34 
 237.60 
Apple
 0.85 
 243.50 
Apple
 0.65 
 421.30 
Microsoft
 1.92 
 416.10 
Microsoft
 0.14 
 421.50 
Microsoft
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
OK
Solid
Solid
Solid
Solid
Solid
Solid
OK
Modest
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Under Valued
Under Valued
Under Valued
Under Valued
Under Valued
Under Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Strong Buy
Strong Buy
Strong Buy
Strong Buy
Strong Buy
Strong Buy
Buy
Strong Hold
Strong Hold
Z Score
N/A
16.6
16.6
16.6
16.6
16.6
16.6
28.8
28.8
28.8
Net Asset
29.81 B
352.75 B
352.75 B
352.75 B
352.75 B
352.75 B
352.75 B
364.84 B
364.84 B
364.84 B
EBITDA
N/A
133.14 B
133.14 B
133.14 B
133.14 B
133.14 B
133.14 B
100.24 B
100.24 B
100.24 B
Current Valuation
N/A
2.21 T
2.21 T
2.21 T
2.21 T
2.21 T
2.21 T
1.77 T
1.77 T
1.69 T
Price To Book
N/A
45.05
44.76
44.65
44.83
45.38
45.0
10.85
11.59
10.64
Total Asset
29.81 B
352.75 B
352.75 B
352.75 B
352.75 B
352.75 B
352.75 B
364.84 B
364.84 B
364.84 B
Five Year Return
16.63
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
One Year Return
-4.59
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Last Dividend Paid
N/A
0.82
0.82
0.82
0.77
0.82
N/A
0.46
0.46
0.51
Market Capitalization
N/A
2.61 T
2.61 T
2.61 T
2.61 T
2.61 T
2.61 T
2.28 T
2.28 T
2.28 T
Beta
0.03
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Price To Earnings To Growth
N/A
2.78
2.76
2.75
2.76
2.8
2.77
2.23
2.24
2.19
Price To Sales
N/A
5.94
5.9
5.89
5.91
5.98
5.93
9.35
9.37
9.17
Net Income
N/A
99.8 B
99.8 B
99.8 B
99.8 B
99.8 B
99.8 B
72.74 B
72.74 B
72.74 B
Number Of Employees
N/A
N/A
6
N/A
29
29
N/A
N/A
N/A
N/A
Three Year Return
4.27
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash Flow From Operations
N/A
122.15 B
122.15 B
122.15 B
122.15 B
122.15 B
122.15 B
89.03 B
89.03 B
89.03 B
Annual Yield
N/A
0.0098
0.0094
0.0067
0.0099
0.0093
0.0094
0.0095
0.0095
0.0096
Total Debt
N/A
98.96 B
98.96 B
98.96 B
98.96 B
98.96 B
98.96 B
47.03 B
47.03 B
47.03 B
Revenue
N/A
394.33 B
394.33 B
394.33 B
394.33 B
394.33 B
394.33 B
198.27 B
198.27 B
198.27 B
Ten Year Return
3.72
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Gross Profit
N/A
N/A
88.19 B
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Day Typical Price
232.09
240.97
241.52
240.6
240.35
238.32
241.32
419.15
416.42
420.12
Accumulation Distribution
0.0074
0.0177
0.022
0.0112
0.01
0.009
0.0269
0.0153
0.0113
0.0232
Market Facilitation Index
1.72
4.3
5.35
2.7
2.4
2.15
6.55
6.45
4.75
9.85
Daily Balance Of Power
0.5349
0.1163
0.4579
(0.13)
(0.52)
(0.37)
0.313
(0.43)
(1.72)
(0.06)
Period Momentum Indicator
0.92
0.5
2.45
(0.35)
(1.25)
(0.80)
2.05
(2.75)
(8.15)
(0.60)
Rate Of Daily Change
1.0
1.0
1.01
1.0
0.99
1.0
1.01
0.99
0.98
1.0
Day Median Price
231.98
240.35
240.63
240.15
239.95
238.68
240.23
418.08
416.58
419.43
Price Action Indicator
0.78
2.1
3.9
1.17
0.58
(1.48)
4.3
1.85
(4.55)
1.77
Coefficient Of Variation
771.86
449.95
402.21
441.26
493.02
496.86
410.61
1080.49
1422.85
1190.84
Mean Deviation
0.699
0.9041
0.8446
0.8543
0.923
0.9085
0.8465
0.9565
1.04
1.0
Jensen Alpha
0.1174
0.2336
0.2554
0.2277
0.2395
0.2311
0.2549
0.1107
0.0916
0.1138
Total Risk Alpha
0.0893
0.2068
0.231
0.2051
0.2053
0.1984
0.228
0.0772
0.052
0.0742
Sortino Ratio
0.0862
0.1827
0.1897
0.1944
0.1556
0.1992
0.1951
0.0688
0.0492
0.0591
Downside Variance
1.2
1.4
1.59
1.2
1.96
1.11
1.47
1.82
2.08
2.53
Standard Deviation
0.9782
1.12
1.09
1.08
1.23
1.2
1.1
1.35
1.47
1.5
Kurtosis
4.18
(0.01)
0.6361
(0.12)
1.42
0.2621
2.87
5.37
3.38
9.52
Potential Upside
1.49
1.81
1.88
2.06
2.22
2.33
1.88
2.55
2.35
2.42
Treynor Ratio
(3.73)
1.2
0.9317
0.6774
20.15
5.09
1.43
0.5793
1.34
1.06
Maximum Drawdown
6.07
4.97
5.24
4.5
6.45
5.24
6.46
8.71
9.11
11.42
Variance
0.9569
1.25
1.19
1.17
1.52
1.45
1.22
1.83
2.15
2.26
Market Risk Adjusted Performance
(3.72)
1.21
0.9417
0.6874
20.16
5.1
1.44
0.5893
1.35
1.07
Risk Adjusted Performance
0.1045
0.179
0.1997
0.1822
0.1643
0.1629
0.1958
0.0775
0.0603
0.0713
Skewness
(1.18)
(0.51)
(0.71)
(0.24)
(0.68)
0.231
(1.04)
(1.11)
(0.53)
(1.63)
Semi Deviation
0.9573
0.9289
0.9808
0.8622
1.07
0.7873
0.9941
1.24
1.36
1.48
Information Ratio
0.0967
0.1934
0.2192
0.1969
0.1767
0.1745
0.2144
0.0687
0.0484
0.0626
Value At Risk
(1.39)
(1.75)
(1.73)
(1.76)
(1.83)
(1.69)
(1.61)
(1.46)
(1.75)
(1.66)
Expected Short fall
(0.74)
(1.00)
(0.92)
(0.94)
(0.97)
(1.06)
(0.96)
(1.17)
(1.18)
(1.16)
Downside Deviation
1.1
1.18
1.26
1.1
1.4
1.05
1.21
1.35
1.44
1.59
Semi Variance
0.9164
0.8629
0.962
0.7434
1.14
0.6198
0.9883
1.54
1.85
2.19

SPDR Gold Competition Performance Charts

Five steps to successful analysis of SPDR Gold Competition

SPDR Gold's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by SPDR Gold Shares in relation to its competition. SPDR Gold's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of SPDR Gold in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact SPDR Gold's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to SPDR Gold Shares, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your SPDR Gold position

In addition to having SPDR Gold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Air
Air Theme
Companies specializing in air services and air delivery. The Air theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Air Theme or any other thematic opportunities.
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Other Information on Investing in SPDR Stock

SPDR Gold financial ratios help investors to determine whether SPDR Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SPDR with respect to the benefits of owning SPDR Gold security.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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