The Gold Bullion Fund Price on December 11, 2024
| QGLCX Fund | USD 20.02 0.04 0.20% |
Below is the normalized historical share price chart for The Gold Bullion extending back to April 20, 2016. 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 The Gold stands at 20.02, as last reported on the 8th of January, with the highest price reaching 20.02 and the lowest price hitting 20.02 during the day.
If you're considering investing in The Mutual Fund, it is important to understand the factors that can impact its price. Gold Bullion owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the fund had a -0.12% return per unit of risk over the last 3 months. The Gold Bullion exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate The Gold's Risk Adjusted Performance of (0.09), coefficient of variation of (801.64), and Variance of 7.52 to confirm the risk estimate we provide.
The Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
The |
Sharpe Ratio = -0.1229
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Estimated Market Risk
| 2.85 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average The Gold is not performing at its full potential. However, 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 The Gold by adding The Gold to a well-diversified portfolio.
The Gold Valuation on December 11, 2024
It is possible to determine the worth of The Gold on a given historical date. On December 11, 2024 The was worth 26.38 at the beginning of the trading date compared to the closed value of 26.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of The Gold mutual fund. Still, in general, we apply an absolute valuation method to find The 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 The Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against The Gold's related companies.
| Open | High | Low | Close | Volume | |
| 26.05 | 26.05 | 26.05 | 26.05 | 1.00 | |
12/11/2024 | 26.38 | 26.38 | 26.38 | 26.38 | 1.00 |
| 25.92 | 25.92 | 25.92 | 25.92 | 1.00 |
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The Gold Trading Date Momentum on December 11, 2024
| On December 12 2024 The Gold Bullion was traded for 25.92 at the closing time. The highest daily price throughout the period was 25.92 and the lowest price was 25.92 . There was no trading activity during the period 1.0. Lack of trading volume on 12/12/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.74% . The trading price change to current closing price is 4.51% . |
Gold Bullion Fundamentals Correlations and Trends
By evaluating The 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 The Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. The financial account trend analysis is a perfect complement when working with valuation or volatility modules.About The Gold Mutual Fund history
The 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 The is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 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 The Gold stock prices may prove useful in developing a viable investing in The Gold
The fund will invest primarily in Gold bullion-related exchange-traded funds exchange-traded notes exchange-traded futures contracts over-the-counter forward contracts and fixed income securities, including through mutual funds and ETFs that invest primarily in fixed income securities. It invests over 25 percent of its assets in the Gold bullion industry. The fund will invest up to 25 percent of its total assets in the wholly-owned and controlled subsidiary.
The Gold Mutual Fund Technical Analysis
The Gold technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
The Gold Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
The Gold Bullion cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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.
The Gold January 8, 2025 Market Strength
Market strength indicators help investors to evaluate how The Gold mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading The Gold shares will generate the highest return on investment. By undertsting and applying The Gold mutual fund market strength indicators, traders can identify The Gold Bullion entry and exit signals to maximize returns
The Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for The Gold's price direction in advance. Along with the technical and fundamental analysis of The Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of The 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 | (0.09) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.73) |
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in The Mutual Fund
The Gold financial ratios help investors to determine whether The Mutual Fund 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 The with respect to the benefits of owning The Gold security.
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| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |