Purpose Gold Bullion Etf Price on October 24, 2024
| KILO Etf | CAD 39.03 0.08 0.21% |
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 39.03, as last reported on the 29th of November, with the highest price reaching 39.03 and the lowest price hitting 38.97 during the day.
If you're considering investing in Purpose Etf, it is important to understand the factors that can impact its price. As of now, Purpose Etf is very steady. Purpose Gold Bullion maintains Sharpe Ratio (i.e., Efficiency) of 0.0947, which implies the entity had a 0.0947% 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 Semi Deviation of 1.02, risk adjusted performance of 0.0564, and Coefficient Of Variation of 1413.88 to confirm if the risk estimate we provide is consistent with the expected return of 0.0945%.
Purpose Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 13.3 | 200 Day MA 35.8767 | 1 y Volatility 9.6 | 50 Day MA 39.4213 | Inception Date 2018-10-29 |
Purpose |
Sharpe Ratio = 0.0947
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | KILO | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.0 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Purpose Gold is performing at about 7% 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 October 24, 2024
It is possible to determine the worth of Purpose Gold on a given historical date. On October 24, 2024 Purpose was worth 40.58 at the beginning of the trading date compared to the closed value of 40.44. 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 | |
| 40.52 | 40.52 | 40.12 | 40.18 | 3,950 | |
10/24/2024 | 40.58 | 40.58 | 40.30 | 40.44 | 4,433 |
| 40.32 | 40.58 | 40.30 | 40.57 | 5,859 |
| Backtest Purpose Gold | | | Purpose Gold History | | | Purpose Gold Valuation | Previous | Next |
Purpose Gold Trading Date Momentum on October 24, 2024
| On October 25 2024 Purpose Gold Bullion was traded for 40.57 at the closing time. The highest price during the trading period was 40.58 and the lowest recorded bid was listed for 40.30 . The volume for the day was 5.9 K. This history from October 25, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 0.32% . The trading delta at closing time to the current price is 0.35% . |
Purpose Gold Bullion Fundamentals Correlations and Trends
By evaluating Purpose 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 Purpose Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Purpose financial account trend analysis is a perfect complement when working with valuation or volatility modules.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
The fund has been created to buy and hold substantially all of its assets in gold bullion and, incidental thereto, minor amounts of gold certificates, if any. PURPOSE GOLD is traded on Toronto Stock Exchange in Canada.
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.
Price Boundaries
Purpose Gold Period Price Range
Low | November 29, 2024
| 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 November 29, 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.
| Risk Adjusted Performance | 0.0564 | |||
| Jensen Alpha | 0.0457 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.4866 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.