SPDR Gold (Germany) Profile

GQ9 Etf  EUR 239.07  5.33  2.28%   

Performance

22 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
SPDR Gold is selling for under 239.07 as of the 25th of November 2024; that is 2.28 percent up since the beginning of the trading day. The etf's last reported lowest price was 236.26. SPDR Gold has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for SPDR Gold Shares are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of February 2023 and ending today, the 25th of November 2024. Click here to learn more.
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 Munich Stock Exchange in Germany. More on SPDR Gold Shares

Moving together with SPDR Etf

  0.83VUSA Vanguard Funds PublicPairCorr

Moving against SPDR Etf

  0.82XJSE Xtrackers IIPairCorr
  0.66DBPD Xtrackers ShortDAXPairCorr

SPDR Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SPDR Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPDR Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business Concentrationnull, SPDR State Street Global Advisors (View all Sectors)
Beta In Three Year0.03
As Of DateNovember 30, 2018
SPDR Gold Shares [GQ9] is traded in Germany and was established 2004-11-18. The fund is listed under null category and is part of SPDR State Street Global Advisors family. SPDR Gold Shares currently have 29.81 B in assets under management (AUM). , while the total return for the last 3 years was 4.27%.
Check SPDR Gold Probability Of Bankruptcy

SPDR Gold Shares 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 SPDR 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.

SPDR Gold Shares Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. SPDR Gold Shares Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe SPDR Gold price patterns.

SPDR Gold Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in SPDR Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additional Information and Resources on Investing in SPDR Etf

When determining whether SPDR Gold Shares is a strong investment it is important to analyze SPDR Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SPDR Gold's future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SPDR Gold Shares. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Please note, there is a significant difference between SPDR Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR 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.