Abrdn Physical Gold Etf Performance
| SGOL Etf | USD 25.40 0.23 0.91% |
The etf shows a Beta (market volatility) of -0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Abrdn Physical are expected to decrease at a much lower rate. During the bear market, Abrdn Physical is likely to outperform the market.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in abrdn Physical Gold are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite quite weak basic indicators, Abrdn Physical may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | Goldman Sachs Sees Gold Higher, Takes A Downbeat Stance On Iron Ore | 09/17/2024 |
2 | ETFs to Consider as Middle-East Conflicts Escalate | 10/03/2024 |
3 | Global Gold ETFs Shine Thanks To Geopolitical Uncertainties - Finimize | 11/08/2024 |
Abrdn |
Abrdn Physical Relative Risk vs. Return Landscape
If you would invest 2,381 in abrdn Physical Gold on September 2, 2024 and sell it today you would earn a total of 159.00 from holding abrdn Physical Gold or generate 6.68% return on investment over 90 days. abrdn Physical Gold is currently generating 0.1059% in daily expected returns and assumes 0.9918% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than Abrdn, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Abrdn Physical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Abrdn Physical's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as abrdn Physical Gold, and traders can use it to determine the average amount a Abrdn Physical'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 = 0.1068
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Estimated Market Risk
| 0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Abrdn Physical is performing at about 8% 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 Abrdn Physical by adding it to a well-diversified portfolio.
Abrdn Physical Fundamentals Growth
Abrdn Etf prices reflect investors' perceptions of the future prospects and financial health of Abrdn Physical, and Abrdn Physical 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 Abrdn Etf performance.
| Earnings Per Share | 0.15 X | |||
| Total Asset | 2.25 B | |||
About Abrdn Physical Performance
By examining Abrdn Physical's fundamental ratios, stakeholders can obtain critical insights into Abrdn Physical's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Abrdn Physical is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The Shares are intended to constitute a simple and cost-effective means of making an investment similar to an investment in gold. Physical Gold is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Global Gold ETFs Shine Thanks To Geopolitical Uncertainties - Finimize | |
| The fund maintains all of the assets in different exotic instruments |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in abrdn Physical Gold. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of abrdn Physical Gold is measured differently than its book value, which is the value of Abrdn that is recorded on the company's balance sheet. Investors also form their own opinion of Abrdn Physical's value that differs from its market value or its book value, called intrinsic value, which is Abrdn Physical'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 Abrdn Physical's market value can be influenced by many factors that don't directly affect Abrdn Physical'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 Abrdn Physical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Abrdn Physical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abrdn Physical'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.