Microsectors Gold Miners Etf Performance
| GDXD Etf | USD 7.30 0.25 3.31% |
The etf secures a Beta (Market Risk) of -1.15, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning MicroSectors Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, MicroSectors Gold is expected to outperform it.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days MicroSectors Gold Miners has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Etf's basic indicators remain rather sound which may send shares a bit higher in April 2025. The latest tumult may also be a sign of longer-term up-swing for the fund shareholders. ...more
1 | Investment Report - Stock Traders Daily | 12/19/2024 |
2 | Will It Take A Big Market Decline For The Mining Stocks Rally - Seeking Alpha | 12/31/2024 |
3 | Trading Signals - Stock Traders Daily | 02/18/2025 |
4 | Learn to Evaluate using the Charts - Stock Traders Daily | 03/14/2025 |
| In Threey Sharp Ratio | -0.46 |
MicroSectors |
MicroSectors Gold Relative Risk vs. Return Landscape
If you would invest 1,480 in MicroSectors Gold Miners on December 17, 2024 and sell it today you would lose (750.00) from holding MicroSectors Gold Miners or give up 50.68% of portfolio value over 90 days. MicroSectors Gold Miners is currently does not generate positive expected returns and assumes 5.5815% risk (volatility on return distribution) over the 90 days horizon. In different words, 49% of etfs are less volatile than MicroSectors, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
MicroSectors Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MicroSectors Gold's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as MicroSectors Gold Miners, and traders can use it to determine the average amount a MicroSectors Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1822
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GDXD |
Estimated Market Risk
| 5.58 actual daily | 49 51% of assets are more volatile |
Expected Return
| -1.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MicroSectors 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 MicroSectors Gold by adding MicroSectors Gold to a well-diversified portfolio.
MicroSectors Gold Fundamentals Growth
MicroSectors Etf prices reflect investors' perceptions of the future prospects and financial health of MicroSectors Gold, and MicroSectors Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on MicroSectors Etf performance.
| Total Asset | 21.3 M | |||
About MicroSectors Gold Performance
By analyzing MicroSectors Gold's fundamental ratios, stakeholders can gain valuable insights into MicroSectors Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if MicroSectors Gold has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if MicroSectors Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Microsectors Gold is traded on NYSEARCA Exchange in the United States.| MicroSectors Gold generated a negative expected return over the last 90 days | |
| MicroSectors Gold has high historical volatility and very poor performance | |
| Latest headline from news.google.com: Learn to Evaluate using the Charts - Stock Traders Daily | |
| The fund created three year return of -58.0% | |
| MicroSectors Gold Miners retains 99.91% of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in MicroSectors Gold Miners. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of MicroSectors Gold Miners is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors Gold's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors 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 MicroSectors Gold's market value can be influenced by many factors that don't directly affect MicroSectors 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 MicroSectors Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors 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.