Us Global Go Etf Performance
| GOAU Etf | USD 21.31 0.06 0.28% |
The entity owns a Beta (Systematic Risk) of 0.53, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, US Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding US Global is expected to be smaller as well.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in US Global GO are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, US Global is not utilizing all of its potentials. The recent stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| In Threey Sharp Ratio | 0.29 |
GOAU |
US Global Relative Risk vs. Return Landscape
If you would invest 2,042 in US Global GO on December 2, 2024 and sell it today you would earn a total of 89.00 from holding US Global GO or generate 4.36% return on investment over 90 days. US Global GO is currently generating 0.0868% in daily expected returns and assumes 1.8497% risk (volatility on return distribution) over the 90 days horizon. In different words, 16% of etfs are less volatile than GOAU, 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 |
US Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for US Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as US Global GO, and traders can use it to determine the average amount a US Global'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 = 0.0469
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| Cash | Small Risk | GOAU | High Risk | Huge Risk |
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Estimated Market Risk
| 1.85 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average US Global 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 US Global by adding it to a well-diversified portfolio.
US Global Fundamentals Growth
GOAU Etf prices reflect investors' perceptions of the future prospects and financial health of US Global, and US Global 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 GOAU Etf performance.
| Total Asset | 67.64 M | |||
About US Global Performance
Assessing US Global's fundamental ratios provides investors with valuable insights into US Global's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the US Global is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund will invest at least 80 percent of its net assets in Precious Metals Companies and at least 20 percent of its net assets in Precious Metals Companies that primarily derive their revenue from gold. US Global is traded on NYSEARCA Exchange in the United States.| The fund retains 99.38% 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 US Global GO. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of US Global GO is measured differently than its book value, which is the value of GOAU that is recorded on the company's balance sheet. Investors also form their own opinion of US Global's value that differs from its market value or its book value, called intrinsic value, which is US Global'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 US Global's market value can be influenced by many factors that don't directly affect US Global'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 US Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Global'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.