Us Global Go Etf Buy Hold or Sell Recommendation
| GOAU Etf | USD 20.80 0.70 3.26% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding US Global GO is 'Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell US Global GO given historical horizon and risk tolerance towards US Global. When Macroaxis issues a 'buy' or 'sell' recommendation for US Global GO, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out US Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as GOAU and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards US Global GO. 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.
GOAU |
Execute US Global Buy or Sell Advice
The GOAU recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on US Global GO. Macroaxis does not own or have any residual interests in US Global GO or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute US Global's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
US Global Trading Alerts and Improvement Suggestions
| Latest headline from thelincolnianonline.com: U.S. Global GO GOLD and Precious Metal Miners ETF Trading Down 0.3 percent Heres What Happened | |
| The fund retains 99.38% of its assets under management (AUM) in equities |
US Global Returns Distribution Density
The distribution of US Global's historical returns is an attempt to chart the uncertainty of US Global's future price movements. The chart of the probability distribution of US Global daily returns describes the distribution of returns around its average expected value. We use US Global GO price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of US Global returns is essential to provide solid investment advice for US Global.
| Mean Return | 0.08 | Value At Risk | -2.86 | Potential Upside | 3.45 | Standard Deviation | 2.01 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of US Global historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
US Global Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to US Global or U.S. Global Investors sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that US Global's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a GOAU etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 2.08 | |
Ir | Information ratio | -0.03 |
US Global Volatility Alert
US Global GO currently demonstrates below-average downside deviation. It has Information Ratio of -0.03 and Jensen Alpha of 0.03. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure US Global's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact US Global's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.US Global Fundamentals Vs Peers
Comparing US Global's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze US Global's direct or indirect competition across all of the common fundamentals between US Global and the related equities. This way, we can detect undervalued stocks with similar characteristics as US Global or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of US Global's fundamental indicators could also be used in its relative valuation, which is a method of valuing US Global by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare US Global to competition |
| Fundamentals | US Global | Peer Average |
| Beta | 0.98 | |
| One Year Return | 35.50 % | (0.97) % |
| Three Year Return | 5.70 % | 3.23 % |
| Five Year Return | 9.00 % | 1.12 % |
| Net Asset | 67.64 M | 2.29 B |
| Last Dividend Paid | 0.028 | 0.14 |
| Equity Positions Weight | 99.38 % | 52.82 % |
US Global Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as GOAU . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 4337.42 | |||
| Daily Balance Of Power | (1.17) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 20.92 | |||
| Day Typical Price | 20.88 | |||
| Price Action Indicator | (0.47) | |||
| Period Momentum Indicator | (0.70) | |||
| Relative Strength Index | 48.95 |
About US Global Buy or Sell Advice
When is the right time to buy or sell US Global GO? Buying financial instruments such as GOAU Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having US Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Large Value Funds Thematic Idea Now
Large Value Funds
Funds or Etfs that invest in the undervalued stocks of large-sized companies. The Large Value Funds theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Large Value Funds Theme or any other thematic opportunities.
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Check out US Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of US Global GO is measured differently than its book value, which is the value of GOAU that is recorded on the company's balance sheet. Investors also form their own opinion of US Global's value that differs from its market value or its book value, called intrinsic value, which is US Global'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 US Global's market value can be influenced by many factors that don't directly affect US Global'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 US Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Global'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.