Ishares Gold Bullion Etf Price on May 2, 2024
| CGL Etf | CAD 21.33 0.30 1.43% |
Below is the normalized historical share price chart for iShares Gold Bullion extending back to May 28, 2009. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of IShares Gold stands at 21.33, as last reported on the 11th of December 2024, with the highest price reaching 21.34 and the lowest price hitting 21.21 during the day.
If you're considering investing in IShares Etf, it is important to understand the factors that can impact its price. As of now, IShares Etf is very steady. iShares Gold Bullion holds Efficiency (Sharpe) Ratio of 0.0829, which attests that the entity had a 0.0829% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for iShares Gold Bullion, which you can use to evaluate the volatility of the entity. Please check out IShares Gold's Downside Deviation of 1.18, risk adjusted performance of 0.0821, and Market Risk Adjusted Performance of 2.75 to validate if the risk estimate we provide is consistent with the expected return of 0.0836%.
IShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 13.66 | 200 Day MA 19.382 | 1 y Volatility 10.62 | 50 Day MA 21.1484 | Inception Date 2009-05-28 |
IShares |
Sharpe Ratio = 0.0829
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Estimated Market Risk
| 1.01 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average IShares Gold is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of IShares Gold by adding it to a well-diversified portfolio.
Average Mkt Cap Mil CADÂ - | Market Capitalisation {Big=-, Small=-, Mega=-, Medium=-, Micro=-} |
IShares Gold Valuation on May 2, 2024
It is possible to determine the worth of IShares Gold on a given historical date. On May 2, 2024 IShares was worth 18.34 at the beginning of the trading date compared to the closed value of 18.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IShares Gold etf. Still, in general, we apply an absolute valuation method to find IShares Gold's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of IShares Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IShares Gold's related companies.
| Open | High | Low | Close | Volume | |
| 18.34 | 18.58 | 18.34 | 18.46 | 25,400 | |
05/02/2024 | 18.34 | 18.44 | 18.28 | 18.37 | 65,200 |
| 18.40 | 18.42 | 18.22 | 18.36 | 23,700 |
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IShares Gold Trading Date Momentum on May 2, 2024
| On May 03 2024 iShares Gold Bullion was traded for 18.36 at the closing time. The maximum traded price for the trading interval was 18.42 and the lowest daily price was 18.22 . The daily volume was recorded at 23.7 K. The volume of trading on 3rd of May 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.05% . The trading date delta to the closing price today is 2.07% . |
iShares Gold Bullion Fundamentals Correlations and Trends
By evaluating IShares Gold's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among IShares Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About IShares Gold Etf history
IShares Gold investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for IShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in iShares Gold Bullion will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing IShares Gold stock prices may prove useful in developing a viable investing in IShares Gold
IShares Gold Etf Technical Analysis
IShares Gold technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
IShares Gold Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
iShares Gold Bullion cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
IShares Gold December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how IShares Gold etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IShares Gold shares will generate the highest return on investment. By undertsting and applying IShares Gold etf market strength indicators, traders can identify iShares Gold Bullion entry and exit signals to maximize returns
IShares Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IShares Gold's price direction in advance. Along with the technical and fundamental analysis of IShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of IShares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0821 | |||
| Jensen Alpha | 0.0968 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 2.74 |
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Other Information on Investing in IShares Etf
IShares Gold financial ratios help investors to determine whether IShares Etf 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 IShares with respect to the benefits of owning IShares Gold security.