SPDR Gold (Mexico) Performance
| GLD Etf | MXN 4,909 22.28 0.46% |
The entity has a beta of 0.0886, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SPDR Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPDR Gold is expected to be smaller as well.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in SPDR Gold Trust are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong fundamental indicators, SPDR Gold is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Fifty Two Week Low | 3,229.77 | |
| Fifty Two Week High | 4,421.00 |
SPDR |
SPDR Gold Relative Risk vs. Return Landscape
If you would invest 477,097 in SPDR Gold Trust on September 29, 2024 and sell it today you would earn a total of 13,782 from holding SPDR Gold Trust or generate 2.89% return on investment over 90 days. SPDR Gold Trust is generating 0.0524% of daily returns assuming 1.1396% volatility of returns over the 90 days investment horizon. Simply put, 10% of all etfs have less volatile historical return distribution than SPDR Gold, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
SPDR Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Gold's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR Gold Trust, and traders can use it to determine the average amount a SPDR 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 = 0.046
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | GLD | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.14 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average SPDR Gold is performing at about 3% 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 SPDR Gold by adding it to a well-diversified portfolio.
SPDR Gold Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR Gold, and SPDR 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 SPDR Etf performance.
| Price To Earning | 90.93 X | |||
| Earnings Per Share | 4.04 X | |||
| Total Asset | 63.71 B | |||
About SPDR Gold Performance
Evaluating SPDR Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if SPDR 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 SPDR Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The investment seeks to reflect the performance of the price of gold bullion, less the expenses of the Trusts operations. SPDR GOLD is traded on Mexico Stock Exchange in Mexico.| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
Other Information on Investing in SPDR Etf
SPDR Gold financial ratios help investors to determine whether SPDR 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 SPDR with respect to the benefits of owning SPDR Gold security.