IShares Gold Financials
| CGL Etf | CAD 21.43 0.26 1.23% |
3 y Sharp Ratio 0.81 |
IShares |
The data published in IShares Gold's official financial statements typically reflect IShares Gold's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving IShares Gold's quantitative information. For example, before you start analyzing numbers published by IShares accountants, it's essential to understand IShares Gold's liquidity, profitability, and earnings quality within the context of the iShares space in which it operates.
IShares Gold Etf Summary
IShares Gold competes with IShares Gold, IShares Silver, IShares SPTSX, Global X, and Global X. The investment seeks to replicate, net of expenses, the price of gold bullion. ISHARES GOLD is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA46432D2014 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | iShares |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | 866 417 4640 |
| Currency | CAD - Canadian Dollar |
You should never invest in IShares Gold without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of IShares Etf, because this is throwing your money away. Analyzing the key information contained in IShares Gold's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
IShares Gold Key Financial Ratios
IShares Gold's financial ratios allow both analysts and investors to convert raw data from IShares Gold's financial statements into concise, actionable information that can be used to evaluate the performance of IShares Gold over time and compare it to other companies across industries.IShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IShares Gold's current stock value. Our valuation model uses many indicators to compare IShares Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IShares Gold competition to find correlations between indicators driving IShares Gold's intrinsic value. More Info.iShares Gold Bullion is third largest ETF in beta as compared to similar ETFs. It is the top ETF in one year return as compared to similar ETFs reporting about 284.17 of One Year Return per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value IShares Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for IShares Gold's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.iShares Gold Bullion Systematic Risk
IShares Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IShares Gold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on iShares Gold Bullion correlated with the market. If Beta is less than 0 IShares Gold generally moves in the opposite direction as compared to the market. If IShares Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one iShares Gold Bullion is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IShares Gold is generally in the same direction as the market. If Beta > 1 IShares Gold moves generally in the same direction as, but more than the movement of the benchmark.
IShares Gold November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of IShares Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of iShares Gold Bullion. We use our internally-developed statistical techniques to arrive at the intrinsic value of iShares Gold Bullion based on widely used predictive technical indicators. In general, we focus on analyzing IShares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IShares Gold's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.06 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 5.03 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 1.43 |
Other Information on Investing in IShares Etf
IShares Gold financial ratios help investors to determine whether IShares Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in IShares with respect to the benefits of owning IShares Gold security.