Purpose Gold Bullion Etf Price on February 12, 2024

KILO-B Etf  CAD 45.76  0.36  0.79%   
Below is the normalized historical share price chart for Purpose Gold Bullion extending back to October 31, 2018. 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 Purpose Gold stands at 45.76, as last reported on the 12th of December 2024, with the highest price reaching 45.76 and the lowest price hitting 45.67 during the day.
200 Day MA
39.9022
50 Day MA
44.0936
 
Covid
If you're considering investing in Purpose Etf, it is important to understand the factors that can impact its price. At this point, Purpose Gold is very steady. Purpose Gold Bullion maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Purpose Gold Bullion, which you can use to evaluate the volatility of the etf. Please check Purpose Gold's Risk Adjusted Performance of 0.1432, coefficient of variation of 512.04, and Semi Deviation of 0.9124 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
  
Purpose Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.166

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Estimated Market Risk

 0.91
  actual daily
8
92% of assets are more volatile

Expected Return

 0.15
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Purpose Gold is performing at about 13% 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 Purpose Gold by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
No Data

Purpose Gold Valuation on February 12, 2024

It is possible to determine the worth of Purpose Gold on a given historical date. On February 12, 2024 Purpose was worth 32.33 at the beginning of the trading date compared to the closed value of 32.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Purpose Gold etf. Still, in general, we apply an absolute valuation method to find Purpose 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 Purpose Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Purpose Gold's related companies.
 Open High Low Close Volume
  32.38    32.52    32.38    32.52    3,900  
02/12/2024
  32.33    32.42    32.32    32.42    1,100  
  32.30    32.31    32.30    32.31    1,100  
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Open Value
32.33
32.42
Closing Value
35.06
Upside

Purpose Gold Trading Date Momentum on February 12, 2024

On February 13 2024 Purpose Gold Bullion was traded for  32.31  at the closing time. The highest price during the trading period was 32.31  and the lowest recorded bid was listed for  32.30 . The volume for the day was 1.1 K. This history from February 13, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.34% . The trading delta at closing time to the current price is 0.40% .

About Purpose Gold Etf history

Purpose 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 Purpose is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Purpose Gold Bullion 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 Purpose Gold stock prices may prove useful in developing a viable investing in Purpose Gold

Purpose Gold Etf Technical Analysis

Purpose 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.
A focus of Purpose Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Purpose Gold trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Purpose Gold Period Price Range

Low
December 12, 2024
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High

 0.00 

     

 0.00 

Purpose Gold Bullion cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

Purpose Gold December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how Purpose 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 Purpose Gold shares will generate the highest return on investment. By undertsting and applying Purpose Gold etf market strength indicators, traders can identify Purpose Gold Bullion entry and exit signals to maximize returns

Purpose Gold Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Purpose Gold's price direction in advance. Along with the technical and fundamental analysis of Purpose Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Purpose 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.

Other Information on Investing in Purpose Etf

Purpose Gold financial ratios help investors to determine whether Purpose 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 Purpose with respect to the benefits of owning Purpose Gold security.