SPDR Gold Financials
| GQ9 Etf | EUR 256.46 0.81 0.31% |
SPDR |
The data published in SPDR Gold's official financial statements typically reflect SPDR 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 SPDR Gold's quantitative information. For example, before you start analyzing numbers published by SPDR accountants, it's essential to understand SPDR Gold's liquidity, profitability, and earnings quality within the context of the SPDR State Street Global Advisors space in which it operates.
Please note, the imprecision that can be found in SPDR Gold's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of SPDR Gold Shares. Check SPDR Gold's Beneish M Score to see the likelihood of SPDR Gold's management manipulating its earnings.
SPDR Gold Etf Summary
SPDR Gold competes with SPDR Barclays, and SPDR SP. The investment seeks to reflect the performance of the price of gold bullion, less the expenses of the Trusts operations. SPDR GOLD is traded on Munich Stock Exchange in Germany.| Instrument | Germany Etf |
| Exchange | Munich Exchange |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | SPDR State Street Global Advisors |
| Benchmark | Dow Jones Industrial |
| Phone | 866 320 4053 |
| Currency | EUR - Euro |
SPDR Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SPDR Gold's current stock value. Our valuation model uses many indicators to compare SPDR Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPDR Gold competition to find correlations between indicators driving SPDR Gold's intrinsic value. More Info.SPDR Gold Shares is rated below average in one year return as compared to similar ETFs. It also is rated below average in three year return as compared to similar ETFs . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the SPDR Gold's earnings, one of the primary drivers of an investment's value.SPDR Gold Shares Systematic Risk
SPDR Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SPDR 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.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on SPDR Gold Shares correlated with the market. If Beta is less than 0 SPDR Gold generally moves in the opposite direction as compared to the market. If SPDR Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SPDR Gold Shares is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SPDR Gold is generally in the same direction as the market. If Beta > 1 SPDR Gold moves generally in the same direction as, but more than the movement of the benchmark.
SPDR Gold March 21, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of SPDR Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SPDR Gold Shares. We use our internally-developed statistical techniques to arrive at the intrinsic value of SPDR Gold Shares based on widely used predictive technical indicators. In general, we focus on analyzing SPDR Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build SPDR Gold's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7835 | |||
| Information Ratio | 0.2461 | |||
| Maximum Drawdown | 4.58 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 1.44 |
Additional Information and Resources on Investing in SPDR Etf
When determining whether SPDR Gold Shares is a strong investment it is important to analyze SPDR Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SPDR Gold's future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SPDR Gold Shares. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.