IShares Gold Financials
| IAUM Etf | USD 30.13 0.23 0.76% |
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.
IShares Gold Etf Summary
IShares Gold competes with SPDR Gold, Goldman Sachs, GraniteShares Gold, and VanEck Merk. The Advisor intends to constitute a simple and cost-effective means of making an investment similar to an investment in gold. Ishares Gold is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US46436F1030 |
| CUSIP | 46436F103 |
| Region | Global |
| Investment Issuer | iShares |
| Etf Family | iShares |
| Fund Category | Precious Metals |
| Portfolio Concentration | Gold |
| Benchmark | Dow Jones Industrial |
| Phone | 800 474 2737 |
| 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 rated fourth overall ETF in beta as compared to similar ETFs. It is rated fifth overall ETF in one year return as compared to similar ETFs reporting about 166.96 of One Year Return per Beta. 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 fifty with a total number of output elements of eleven. 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.
IShares Gold Thematic Clasifications
iShares Gold Trust is part of several thematic ideas from Precious Metals ETFs to Gold 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 March 22, 2025 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 | 0.7821 | |||
| Information Ratio | 0.3869 | |||
| Maximum Drawdown | 3.08 | |||
| Value At Risk | (1.08) | |||
| Potential Upside | 1.52 |
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 employment. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.