Ishares Gold Trust Etf Price on November 24, 2024
| IAU Etf | USD 51.08 0.64 1.27% |
Below is the normalized historical share price chart for iShares Gold Trust extending back to January 28, 2005. 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 IShares Gold stands at 51.08, as last reported on the 24th of November, with the highest price reaching 51.20 and the lowest price hitting 50.69 during the day.
If you're considering investing in IShares Etf, it is important to understand the factors that can impact its price. Currently, iShares Gold Trust is very steady. iShares Gold Trust holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for iShares Gold Trust, which you can use to evaluate the volatility of the entity. Please check out IShares Gold's Risk Adjusted Performance of 0.1127, downside deviation of 0.9836, and Market Risk Adjusted Performance of (1.81) to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
IShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 12.72 | 200 Day MA 45.5667 | 1 y Volatility 8.95 | 50 Day MA 50.3018 | Inception Date 2005-01-21 |
IShares |
Sharpe Ratio = 0.1226
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Estimated Market Risk
| 0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average IShares Gold is performing at about 9% 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 IShares Gold by adding it to a well-diversified portfolio.
Average Mkt Cap Mil USDÂ - | Market Capitalisation {Big=-, Small=-, Mega=-, Medium=-, Micro=-} |
IShares Gold Valuation on November 24, 2024
It is possible to determine the worth of IShares Gold on a given historical date. On November 24, 2024 IShares was worth 50.75 at the beginning of the trading date compared to the closed value of 51.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IShares Gold etf. Still, in general, we apply an absolute valuation method to find IShares 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 IShares Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IShares Gold's related companies.
| Open | High | Low | Close | Volume | |
| 50.75 | 51.20 | 50.69 | 51.08 | 4,228,925 | |
11/24/2024 | 50.75 | 51.20 | 50.69 | 51.08 | 0.00 |
| Backtest IShares Gold | | | IShares Gold History | | | IShares Gold Valuation | Previous |
IShares Gold Trading Date Momentum on November 24, 2024
| On November 24 2024 iShares Gold Trust was traded for 51.08 at the closing time. Highest IShares Gold's price during the trading hours was 51.20 and the lowest price during the day was 50.69 . There was no trading activity during the period 0.0. Lack of trading volume on the 24th of November had no short-term effect on price fluctuation. The trading date delta to current price is 0.65% . |
iShares Gold Trust Fundamentals Correlations and Trends
By evaluating IShares 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 IShares Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About IShares Gold Etf history
IShares 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 IShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in iShares 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 IShares Gold stock prices may prove useful in developing a viable investing in IShares Gold
IShares Gold Etf Technical Analysis
IShares 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
IShares Gold Period Price Range
Low | November 24, 2024
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0.00 | 0.00 |
iShares Gold Trust 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.
IShares Gold November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how IShares 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 IShares Gold shares will generate the highest return on investment. By undertsting and applying IShares Gold etf market strength indicators, traders can identify iShares Gold Trust entry and exit signals to maximize returns
IShares Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IShares Gold's price direction in advance. Along with the technical and fundamental analysis of IShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of IShares 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 | 0.1127 | |||
| Jensen Alpha | 0.1326 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0036 | |||
| Treynor Ratio | (1.82) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Gold Trust. 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of iShares Gold Trust is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Gold's value that differs from its market value or its book value, called intrinsic value, which is IShares Gold'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 IShares Gold's market value can be influenced by many factors that don't directly affect IShares Gold'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 IShares Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Gold'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.