Ishares Gold Trust Etf Performance
| IAU Etf | USD 56.97 0.47 0.82% |
The etf retains a Market Volatility (i.e., Beta) of -0.0061, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IShares Gold are expected to decrease at a much lower rate. During the bear market, IShares Gold is likely to outperform the market.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in iShares Gold Trust are ranked lower than 24 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively abnormal basic indicators, IShares Gold unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| In Threey Sharp Ratio | 0.72 |
IShares |
IShares Gold Relative Risk vs. Return Landscape
If you would invest 4,927 in iShares Gold Trust on December 22, 2024 and sell it today you would earn a total of 770.00 from holding iShares Gold Trust or generate 15.63% return on investment over 90 days. iShares Gold Trust is generating 0.2454% of daily returns assuming volatility of 0.7978% on return distribution over 90 days investment horizon. In other words, 7% of etfs are less volatile than IShares, and above 96% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
IShares Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Gold's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iShares Gold Trust, and traders can use it to determine the average amount a IShares 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 = 0.3076
| Best Portfolio | Best Equity | |||
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| Small Returns | IAU | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.25 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average IShares Gold is performing at about 24% 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.
IShares Gold Fundamentals Growth
IShares Etf prices reflect investors' perceptions of the future prospects and financial health of IShares Gold, and IShares 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 IShares Etf performance.
| Price To Earning | 60.88 X | |||
| Earnings Per Share | 0.46 X | |||
| Total Asset | 25.74 B | |||
About IShares Gold Performance
Assessing IShares Gold's fundamental ratios provides investors with valuable insights into IShares Gold's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the IShares Gold 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.
The Trust seeks to reflect such performance before payment of the Trusts expenses and liabilities. Ishares Gold is traded on NYSEARCA Exchange in the United States.| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Gold Trust. 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
The market value of iShares Gold Trust is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Gold's value that differs from its market value or its book value, called intrinsic value, which is IShares 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 IShares Gold's market value can be influenced by many factors that don't directly affect IShares 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 IShares Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares 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.