SPDR Gold (Mexico) Price on April 25, 2024
| GLD Etf | MXN 5,048 17.77 0.35% |
If you're considering investing in SPDR Etf, it is important to understand the factors that can impact its price. As of today, the current price of SPDR Gold stands at 5,048, as last reported on the 11th of December 2024, with the highest price reaching 5,065 and the lowest price hitting 5,041 during the day. At this stage we consider SPDR Etf to be very steady. SPDR Gold Trust owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the etf had a 0.13% return per unit of volatility over the last 3 months. We have found thirty technical indicators for SPDR Gold Trust, which you can use to evaluate the volatility of the etf. Please validate SPDR Gold's risk adjusted performance of 0.0851, and Coefficient Of Variation of 889.0 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
SPDR |
Sharpe Ratio = 0.1307
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Estimated Market Risk
| 1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average SPDR Gold is performing at about 10% 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 SPDR Gold by adding it to a well-diversified portfolio.
SPDR Gold Valuation on April 25, 2024
It is possible to determine the worth of SPDR Gold on a given historical date. On April 25, 2024 SPDR was worth 3717.5 at the beginning of the trading date compared to the closed value of 3716.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR Gold etf. Still, in general, we apply an absolute valuation method to find SPDR 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 SPDR Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR Gold's related companies.
| Open | High | Low | Close | Volume | |
| 3,658 | 3,690 | 3,658 | 3,660 | 481.00 | |
04/25/2024 | 3,718 | 3,718 | 3,716 | 3,716 | 78.00 |
| 3,712 | 3,712 | 3,704 | 3,704 | 2,678 |
| Backtest SPDR Gold | | | SPDR Gold History | | | SPDR Gold Valuation | Previous | Next |
SPDR Gold Trading Date Momentum on April 25, 2024
| On April 26 2024 SPDR Gold Trust was traded for 3,704 at the closing time. The maximum traded price for the trading interval was 3,712 and the lowest daily price was 3,704 . The daily volume was recorded at 2.7 K. The volume of trading on 26th of April 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.31% . The trading price change to the closing price today is 2.15% . |
SPDR Gold Trust Fundamentals Correlations and Trends
By evaluating SPDR 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 SPDR Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SPDR financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SPDR Gold Etf history
SPDR 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 SPDR is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SPDR Gold Trust 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 SPDR Gold stock prices may prove useful in developing a viable investing in SPDR Gold
SPDR Gold Etf Technical Analysis
SPDR Gold 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
SPDR Gold Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
SPDR Gold Trust cannot be verified against its exchange. Please verify the symbol is currently traded on Mexican 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.
SPDR Gold December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how SPDR Gold etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SPDR Gold shares will generate the highest return on investment. By undertsting and applying SPDR Gold etf market strength indicators, traders can identify SPDR Gold Trust entry and exit signals to maximize returns
SPDR Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPDR Gold's price direction in advance. Along with the technical and fundamental analysis of SPDR Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of SPDR 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 | 0.0851 | |||
| Jensen Alpha | 0.1306 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.005 | |||
| Treynor Ratio | (1.46) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in SPDR Etf
SPDR Gold financial ratios help investors to determine whether SPDR 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 SPDR with respect to the benefits of owning SPDR Gold security.