MicroSectors Gold Financials
| GDXD Etf | USD 10.20 0.13 1.26% |
Net Expense Ratio 0.0095 | 3 y Sharp Ratio (0.54) |
MicroSectors |
The data published in MicroSectors Gold's official financial statements typically reflect MicroSectors Gold's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving MicroSectors Gold's quantitative information. For example, before you start analyzing numbers published by MicroSectors accountants, it's essential to understand MicroSectors Gold's liquidity, profitability, and earnings quality within the context of the BMO Capital Markets space in which it operates.
Please note, the presentation of MicroSectors Gold's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, MicroSectors Gold's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of MicroSectors Gold's management manipulating its earnings.
MicroSectors Gold Etf Summary
MicroSectors Gold competes with MicroSectors Gold, MicroSectors Solactive, and Direxion Daily. Microsectors Gold is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US0636796411 |
| CUSIP | 063679641 06367V600 |
| Region | Global |
| Investment Issuer | Bank of Montreal |
| Etf Family | BMO Capital Markets |
| Fund Category | Sector |
| Portfolio Concentration | Materials |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
MicroSectors Gold Key Financial Ratios
MicroSectors Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MicroSectors Gold's current stock value. Our valuation model uses many indicators to compare MicroSectors Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MicroSectors Gold competition to find correlations between indicators driving MicroSectors Gold's intrinsic value. More Info.MicroSectors Gold Miners is one of the top ETFs in beta as compared to similar ETFs. It also is one of the top ETFs in one year return as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value MicroSectors Gold by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.MicroSectors Gold Miners Systematic Risk
MicroSectors Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. MicroSectors Gold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on MicroSectors Gold Miners correlated with the market. If Beta is less than 0 MicroSectors Gold generally moves in the opposite direction as compared to the market. If MicroSectors Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MicroSectors Gold Miners is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MicroSectors Gold is generally in the same direction as the market. If Beta > 1 MicroSectors Gold moves generally in the same direction as, but more than the movement of the benchmark.
About MicroSectors Gold Financials
What exactly are MicroSectors Gold Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include MicroSectors Gold's income statement, its balance sheet, and the statement of cash flows. Potential MicroSectors Gold investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although MicroSectors Gold investors may use each financial statement separately, they are all related. The changes in MicroSectors Gold's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MicroSectors Gold's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.MicroSectors Gold Thematic Clasifications
MicroSectors Gold Miners is part of several thematic ideas from Materials ETFs to Sector ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasMicroSectors Gold March 1, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of MicroSectors Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of MicroSectors Gold Miners. We use our internally-developed statistical techniques to arrive at the intrinsic value of MicroSectors Gold Miners based on widely used predictive technical indicators. In general, we focus on analyzing MicroSectors Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MicroSectors Gold's daily price indicators and compare them against related drivers.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 26.24 | |||
| Value At Risk | (8.84) | |||
| Potential Upside | 10.6 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in MicroSectors Gold Miners. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of MicroSectors Gold Miners is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors Gold's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors 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 MicroSectors Gold's market value can be influenced by many factors that don't directly affect MicroSectors 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 MicroSectors Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors 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.