SPDR Gold Financial Statements From 2010 to 2024
| GQ9 Etf | EUR 230.83 8.24 3.45% |
Check SPDR Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SPDR Gold's main balance sheet or income statement drivers, such as , as well as many indicators such as . SPDR financial statements analysis is a perfect complement when working with SPDR Gold Valuation or Volatility modules.
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SPDR Gold Shares ETF One Year Return Analysis
SPDR Gold's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current SPDR Gold One Year Return | (4.59) % |
Most of SPDR Gold's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SPDR Gold Shares is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, SPDR Gold Shares has an One Year Return of -4.59%. This is 159.15% lower than that of the SPDR State Street Global Advisors family and significantly lower than that of the One Year Return category. The one year return for all Germany etfs is notably higher than that of the company.
About SPDR Gold Financial Statements
SPDR Gold shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although SPDR Gold investors may analyze each financial statement separately, they are all interrelated. The changes in SPDR Gold's assets and liabilities, for example, are also reflected in the revenues and expenses on on SPDR Gold's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
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.
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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 the analysis of SPDR Gold Correlation against competitors. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.