Global Gold Fund Price on June 24, 2024
| AGGNX Fund | USD 13.24 0.34 2.50% |
Below is the normalized historical share price chart for Global Gold Fund extending back to October 01, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Global Gold stands at 13.24, as last reported on the 14th of December 2024, with the highest price reaching 13.24 and the lowest price hitting 13.24 during the day.
If you're considering investing in Global Mutual Fund, it is important to understand the factors that can impact its price. Global Gold Fund holds Efficiency (Sharpe) Ratio of -0.0396, which attests that the entity had a -0.0396% return per unit of risk over the last 3 months. Global Gold Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Gold's insignificant Risk Adjusted Performance, market risk adjusted performance of 0.9131, and Standard Deviation of 1.84 to validate the risk estimate we provide.
Global Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Global |
Sharpe Ratio = -0.0396
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AGGNX |
Estimated Market Risk
| 1.84 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Global Gold is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Global Gold by adding Global Gold to a well-diversified portfolio.
Global Gold Valuation on June 24, 2024
It is possible to determine the worth of Global Gold on a given historical date. On June 24, 2024 Global was worth 12.14 at the beginning of the trading date compared to the closed value of 12.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Global Gold mutual fund. Still, in general, we apply an absolute valuation method to find Global Gold's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Global Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Global Gold's related companies.
| Open | High | Low | Close | Volume | |
| 12.09 | 12.09 | 12.09 | 12.09 | 1.00 | |
06/24/2024 | 12.14 | 12.14 | 12.14 | 12.14 | 1.00 |
| 11.96 | 11.96 | 11.96 | 11.96 | 1.00 |
| Backtest Global Gold | | | Global Gold History | | | Global Gold Valuation | Previous | Next |
Global Gold Trading Date Momentum on June 24, 2024
| On June 25 2024 Global Gold Fund was traded for 11.96 at the closing time. The highest daily price throughout the period was 11.96 and the lowest price was 11.96 . There was no trading activity during the period 1.0. Lack of trading volume on 06/25/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.48% . The overall trading delta to current closing price is 5.11% . |
Global Gold Fund Fundamentals Correlations and Trends
By evaluating Global Gold's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Global Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Global financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Global Gold Mutual Fund history
Global Gold investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Global is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Global Gold Fund will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Global Gold stock prices may prove useful in developing a viable investing in Global Gold
The fund invests at least 80 percent of its net assets in companies that are engaged in mining, processing, fabricating, distributing, exploring for or otherwise dealing in gold. It is non-diversified.
Global Gold Mutual Fund Technical Analysis
Global Gold technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Global Gold Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Global Gold Fund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Global Gold December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Global Gold mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Global Gold shares will generate the highest return on investment. By undertsting and applying Global Gold mutual fund market strength indicators, traders can identify Global Gold Fund entry and exit signals to maximize returns
Global Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Global Gold's price direction in advance. Along with the technical and fundamental analysis of Global Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Global to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | 0.9031 |
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| Volume Indicators |
Other Information on Investing in Global Mutual Fund
Global Gold financial ratios help investors to determine whether Global Mutual Fund 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 Global with respect to the benefits of owning Global Gold security.
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