Gold Bullion (France) Price on November 27, 2024
| GBS Etf | EUR 231.56 0.23 0.1% |
If you're considering investing in Gold Etf, it is important to understand the factors that can impact its price. As of today, the current price of Gold Bullion stands at 231.56, as last reported on the 3rd of December, with the highest price reaching 232.46 and the lowest price hitting 229.90 during the day. At this point, Gold Bullion is very steady. Gold Bullion Securities holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Gold Bullion Securities, which you can use to evaluate the volatility of the entity. Please check out Gold Bullion's Downside Deviation of 1.02, risk adjusted performance of 0.1469, and Market Risk Adjusted Performance of (3.47) to validate if the risk estimate we provide is consistent with the expected return of 0.18%.
Gold Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Gold |
Sharpe Ratio = 0.201
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Estimated Market Risk
| 0.88 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Gold Bullion is performing at about 15% of its full potential. 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 Gold Bullion by adding it to a well-diversified portfolio.
Gold Bullion Valuation on November 27, 2024
It is possible to determine the worth of Gold Bullion on a given historical date. On November 27, 2024 Gold was worth 231.84 at the beginning of the trading date compared to the closed value of 229.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gold Bullion etf. Still, in general, we apply an absolute valuation method to find Gold Bullion'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 Gold Bullion where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gold Bullion's related companies.
| Open | High | Low | Close | Volume | |
| 229.25 | 230.63 | 229.07 | 230.63 | 5,178 | |
11/27/2024 | 231.84 | 232.00 | 229.67 | 229.67 | 1,625 |
| 230.15 | 231.00 | 229.97 | 230.20 | 379.00 |
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Gold Bullion Trading Date Momentum on November 27, 2024
| On November 28 2024 Gold Bullion Securities was traded for 230.20 at the closing time. The maximum traded price for the trading interval was 231.00 and the lowest daily price was 229.97 . The daily volume was recorded at 379. The volume of trading on 28th of November 2024 played a part in the next trading day price jump. The overall trading delta to the next closing price was 0.23% . The overall trading delta to the closing price today is 0.10% . |
Gold Bullion Securities Fundamentals Correlations and Trends
By evaluating Gold Bullion'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 Gold Bullion's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gold financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gold Bullion Etf history
Gold Bullion 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 Gold is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gold Bullion Securities 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 Gold Bullion stock prices may prove useful in developing a viable investing in Gold Bullion
Gold Bullion Etf Technical Analysis
Gold Bullion technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Gold Bullion Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Gold Bullion Securities cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
Gold Bullion December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Gold Bullion etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gold Bullion shares will generate the highest return on investment. By undertsting and applying Gold Bullion etf market strength indicators, traders can identify Gold Bullion Securities entry and exit signals to maximize returns
Gold Bullion Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gold Bullion's price direction in advance. Along with the technical and fundamental analysis of Gold Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gold 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 | 0.1469 | |||
| Jensen Alpha | 0.1619 | |||
| Total Risk Alpha | 0.0259 | |||
| Sortino Ratio | 0.0417 | |||
| Treynor Ratio | (3.48) |
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Other Information on Investing in Gold Etf
Gold Bullion financial ratios help investors to determine whether Gold 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 Gold with respect to the benefits of owning Gold Bullion security.