Graniteshares Gold Trust Etf Profile
| BAR Etf | USD 25.93 0.77 2.88% |
Performance9 of 100
| Odds Of DistressLess than 9
|
GraniteShares Gold is selling at 25.93 as of the 25th of November 2024; that is 2.88 percent down since the beginning of the trading day. The etf's lowest day price was 25.82. GraniteShares Gold has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for GraniteShares Gold Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
The investment seeks to reflect generally the performance of the price of gold. Graniteshares Gold is traded on NYSEArca Exchange in the United States. More on GraniteShares Gold Trust
Moving together with GraniteShares Etf
GraniteShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Names | [Balmoral Resources Ltd, Barnes & Noble Inc, Barnes & Noble Inc, Barnes & Noble Inc, Barnes & Noble Inc, Barnes & Noble Inc, Barra Resources Limited] |
| Business Concentration | BEL All Share, BEL Mid, Precious Metals ETFs, Gold ETFs, Commodities Focused, Graniteshares (View all Sectors) |
| Issuer | GraniteShares |
| Inception Date | 2017-08-24 |
| Benchmark | LBMA Gold Price |
| Entity Type | Grantor Trust |
| Asset Under Management | 872.28 Million |
| Average Trading Valume | 795,984.8 |
| Asset Type | Commodities |
| Category | Precious Metals |
| Focus | Gold |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | GraniteShares Advisors LLC |
| Custodian | ICBC Standard Bank Plc |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Benoit Autier |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Trustee | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 2.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.17 |
| Management Fee | 0.17 |
| Country Name | USA |
| Returns Y T D | 30.95 |
| Name | GraniteShares Gold Trust |
| Currency Code | USD |
| Open Figi | BBG00HBPWNN3 |
| In Threey Volatility | 12.72 |
| 1y Volatility | 8.95 |
| 200 Day M A | 23.8149 |
| 50 Day M A | 26.295 |
| Code | BAR |
| Updated At | 25th of November 2024 |
GraniteShares Gold Trust [BAR] is traded in USA and was established 2017-08-23. The fund is classified under Commodities Focused category within Graniteshares family. The entity is thematically classified as Precious Metals ETFs. GraniteShares Gold Trust currently have 831.6 M in assets under management (AUM). , while the total return for the last 3 years was 14.2%.
Check GraniteShares Gold Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on GraniteShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding GraniteShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as GraniteShares Gold Trust Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top GraniteShares Gold Trust Etf Constituents
| Physical Gold Bullion | 100% |
| GOLD TRUST | 100% |
GraniteShares Gold Top Holders
| RPAR | RPAR Risk Parity | Etf | Moderately Conservative Allocation | |
| TESGX | Templeton Global Smaller | Mutual Fund | World Small/Mid Stock | |
| TFSCX | Foreign Smaller Panies | Mutual Fund | Foreign Small/Mid Blend | |
| VINEX | Vanguard International Explorer | Mutual Fund | Foreign Small/Mid Growth | |
| VEITX | Vela International | Mutual Fund | Foreign Large Blend |
GraniteShares Gold Trust Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in GraniteShares Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1132 | |||
| Jensen Alpha | 0.1328 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0038 |
GraniteShares Gold Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GraniteShares 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of GraniteShares Gold Trust is measured differently than its book value, which is the value of GraniteShares that is recorded on the company's balance sheet. Investors also form their own opinion of GraniteShares Gold's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares 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 GraniteShares Gold's market value can be influenced by many factors that don't directly affect GraniteShares 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 GraniteShares Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares 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.