The Gold Bullion Fund Price on November 14, 2024
| QGLCX Fund | USD 25.49 0.05 0.20% |
Below is the normalized historical share price chart for The Gold Bullion extending back to April 20, 2016. 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 The Gold stands at 25.49, as last reported on the 28th of November, with the highest price reaching 25.49 and the lowest price hitting 25.49 during the day.
If you're considering investing in The Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider The Mutual Fund to be very steady. Gold Bullion owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0774, which indicates the fund had a 0.0774% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for The Gold Bullion, which you can use to evaluate the volatility of the fund. Please validate The Gold's Coefficient Of Variation of 1615.57, semi deviation of 1.02, and Risk Adjusted Performance of 0.0497 to confirm if the risk estimate we provide is consistent with the expected return of 0.0776%.
The Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
The |
Sharpe Ratio = 0.0774
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| Cash | QGLCX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.0 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average The Gold is performing at about 6% 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 The Gold by adding it to a well-diversified portfolio.
The Gold Valuation on November 14, 2024
It is possible to determine the worth of The Gold on a given historical date. On November 14, 2024 The was worth 24.84 at the beginning of the trading date compared to the closed value of 24.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of The Gold mutual fund. Still, in general, we apply an absolute valuation method to find The 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 The Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against The Gold's related companies.
| Open | High | Low | Close | Volume | |
| 24.90 | 24.90 | 24.90 | 24.90 | 1.00 | |
11/14/2024 | 24.84 | 24.84 | 24.84 | 24.84 | 1.00 |
| 24.78 | 24.78 | 24.78 | 24.78 | 1.00 |
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The Gold Trading Date Momentum on November 14, 2024
| On November 15 2024 The Gold Bullion was traded for 24.78 at the closing time. The highest daily price throughout the period was 24.78 and the lowest price was 24.78 . There was no trading activity during the period 1.0. Lack of trading volume on 11/15/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.24% . The trading price change to current closing price is 2.17% . |
Gold Bullion Fundamentals Correlations and Trends
By evaluating The 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 The Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. The financial account trend analysis is a perfect complement when working with valuation or volatility modules.About The Gold Mutual Fund history
The 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 The is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 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 The Gold stock prices may prove useful in developing a viable investing in The Gold
The fund will invest primarily in Gold bullion-related exchange-traded funds exchange-traded notes exchange-traded futures contracts over-the-counter forward contracts and fixed income securities, including through mutual funds and ETFs that invest primarily in fixed income securities. It invests over 25 percent of its assets in the Gold bullion industry. The fund will invest up to 25 percent of its total assets in the wholly-owned and controlled subsidiary.
The Gold Mutual Fund Technical Analysis
The Gold technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
The Gold Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
The Gold Bullion cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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.
The Gold November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how The Gold mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading The Gold shares will generate the highest return on investment. By undertsting and applying The Gold mutual fund market strength indicators, traders can identify The Gold Bullion entry and exit signals to maximize returns
The Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for The Gold's price direction in advance. Along with the technical and fundamental analysis of The Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of The 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 | 0.0497 | |||
| Jensen Alpha | 0.0426 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.6785 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in The Mutual Fund
The Gold financial ratios help investors to determine whether The Mutual Fund 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 The with respect to the benefits of owning The Gold security.
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