IShares Gold Financials
| IAU Etf | USD 49.78 0.09 0.18% |
Net Expense Ratio 0.0025 | 3 y Sharp Ratio 0.89 |
IShares |
The data published in IShares Gold's official financial statements typically reflect IShares 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 IShares Gold's quantitative information. For example, before you start analyzing numbers published by IShares accountants, it's essential to understand IShares Gold's liquidity, profitability, and earnings quality within the context of the iShares space in which it operates.
Please note, the imprecision that can be found in IShares Gold's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of iShares Gold Trust. Check IShares Gold's Beneish M Score to see the likelihood of IShares Gold's management manipulating its earnings.
IShares Gold Etf Summary
IShares Gold competes with IShares Silver, VanEck Gold, SPDR Gold, Invesco DB, and Abrdn Physical. 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.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US4642852044 |
| CUSIP | 464285204 464285105 |
| Region | Global |
| Investment Issuer | iShares |
| Etf Family | iShares |
| Fund Category | Precious Metals |
| Portfolio Concentration | Gold |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
IShares Gold Key Financial Ratios
IShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IShares Gold's current stock value. Our valuation model uses many indicators to compare IShares Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IShares Gold competition to find correlations between indicators driving IShares Gold's intrinsic value. More Info.iShares Gold Trust is considered the top ETF in price to earning as compared to similar ETFs. It is rated below average in beta as compared to similar ETFs . The ratio of Price To Earning to Beta for iShares Gold Trust is about 405.87 . Comparative valuation analysis is a catch-all technique that is used if you cannot value IShares 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.iShares Gold Trust Systematic Risk
IShares Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IShares 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on iShares Gold Trust correlated with the market. If Beta is less than 0 IShares Gold generally moves in the opposite direction as compared to the market. If IShares Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one iShares Gold Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IShares Gold is generally in the same direction as the market. If Beta > 1 IShares Gold moves generally in the same direction as, but more than the movement of the benchmark.
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as IShares Gold is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of IShares has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if IShares Gold's financials are consistent with your investment objective using the following steps:- Review IShares Gold's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand IShares Gold's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare IShares Gold's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if IShares Gold's stock is overvalued or undervalued.
IShares Gold Thematic Clasifications
iShares Gold Trust is part of several thematic ideas from Gold ETFs to Precious Metals 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 IdeasIShares Gold November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of IShares Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of iShares Gold Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of iShares Gold Trust based on widely used predictive technical indicators. In general, we focus on analyzing IShares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IShares Gold's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.11 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 4.82 | |||
| Value At Risk | (1.54) | |||
| Potential Upside | 1.54 |
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 closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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.