Us Global Go Etf Price on June 18, 2024
| GOAU Etf | USD 21.10 0.09 0.43% |
Below is the normalized historical share price chart for US Global GO extending back to June 28, 2017. 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 US Global stands at 21.10, as last reported on the 29th of November, with the highest price reaching 21.15 and the lowest price hitting 21.03 during the day.
If you're considering investing in GOAU Etf, it is important to understand the factors that can impact its price. Currently, US Global GO is very steady. US Global GO retains Efficiency (Sharpe Ratio) of 0.0595, which indicates the etf had a 0.0595% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for US Global, which you can use to evaluate the volatility of the etf. Please validate US Global's Mean Deviation of 1.54, downside deviation of 2.12, and Risk Adjusted Performance of 0.0164 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
GOAU Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 33.54 | 200 Day MA 19.6955 | 1 y Volatility 30.83 | 50 Day MA 21.7248 | Inception Date 2017-06-27 |
GOAU |
Sharpe Ratio = 0.0595
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Estimated Market Risk
| 2.01 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average US Global is performing at about 4% 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 US Global by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 4.9 K |
US Global Valuation on June 18, 2024
It is possible to determine the worth of US Global on a given historical date. On June 18, 2024 GOAU was worth 19.1 at the beginning of the trading date compared to the closed value of 19.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of US Global etf. Still, in general, we apply an absolute valuation method to find US Global'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 US Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against US Global's related companies.
| Open | High | Low | Close | Volume | |
| 18.88 | 19.02 | 18.77 | 19.01 | 15,300 | |
06/18/2024 | 19.10 | 19.28 | 18.91 | 19.23 | 13,000 |
| 19.50 | 19.66 | 19.41 | 19.64 | 37,125 |
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US Global Trading Date Momentum on June 18, 2024
| On June 20 2024 US Global GO was traded for 19.64 at the closing time. The top price for the day was 19.66 and the lowest listed price was 19.41 . The trading volume for the day was 37.1 K. The trading history from June 20, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 2.13% . The trading price change against the current closing price is 0.05% . |
US Global GO Fundamentals Correlations and Trends
By evaluating US Global'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 US Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GOAU financial account trend analysis is a perfect complement when working with valuation or volatility modules.About US Global Etf history
US Global 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 GOAU is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in US Global GO 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 US Global stock prices may prove useful in developing a viable investing in US Global
Under normal circumstances, the fund will invest at least 80 percent of its net assets in Precious Metals Companies and at least 20 percent of its net assets in Precious Metals Companies that primarily derive their revenue from gold. US Global is traded on NYSEARCA Exchange in the United States.
US Global Etf Technical Analysis
US Global 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
US Global Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
US Global GO cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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.
US Global November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how US Global etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading US Global shares will generate the highest return on investment. By undertsting and applying US Global etf market strength indicators, traders can identify US Global GO entry and exit signals to maximize returns
US Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for US Global's price direction in advance. Along with the technical and fundamental analysis of GOAU Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of GOAU 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 | 0.0164 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0854 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in 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. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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.