Abrdn Physical Gold Etf Price on August 30, 2024
| SGOL Etf | USD 25.84 0.33 1.29% |
Below is the normalized historical share price chart for abrdn Physical Gold extending back to September 09, 2009. 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 Abrdn Physical stands at 25.84, as last reported on the 22nd of November, with the highest price reaching 25.89 and the lowest price hitting 25.63 during the day.
If you're considering investing in Abrdn Etf, it is important to understand the factors that can impact its price. As of now, Abrdn Etf is very steady. abrdn Physical Gold secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the etf had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for abrdn Physical Gold, which you can use to evaluate the volatility of the entity. Please confirm Abrdn Physical's Semi Deviation of 0.8446, risk adjusted performance of 0.0825, and Downside Deviation of 0.9969 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%.
Abrdn Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 12.74 | 200 Day MA 22.972 | 1 y Volatility 9.18 | 50 Day MA 25.3882 | Inception Date 2009-09-09 |
Abrdn |
Sharpe Ratio = 0.1259
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Estimated Market Risk
| 0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Abrdn Physical 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 Abrdn Physical by adding it to a well-diversified portfolio.
Abrdn Physical Valuation on August 30, 2024
It is possible to determine the worth of Abrdn Physical on a given historical date. On August 30, 2024 Abrdn was worth 24.05 at the beginning of the trading date compared to the closed value of 23.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Abrdn Physical etf. Still, in general, we apply an absolute valuation method to find Abrdn Physical'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 Abrdn Physical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Abrdn Physical's related companies.
| Open | High | Low | Close | Volume | |
| 23.98 | 24.15 | 23.97 | 24.07 | 2,503,506 | |
08/30/2024 | 24.05 | 24.06 | 23.82 | 23.91 | 3,512,967 |
| 23.82 | 23.83 | 23.63 | 23.81 | 3,755,084 |
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Abrdn Physical Trading Date Momentum on August 30, 2024
| On September 03 2024 abrdn Physical Gold was traded for 23.81 at the closing time. The top price for the day was 23.83 and the lowest listed price was 23.63 . The trading volume for the day was 3.8 M. The trading history from September 3, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.42% . The trading date delta against the current closing price is 0.00% . |
abrdn Physical Gold Fundamentals Correlations and Trends
By evaluating Abrdn Physical'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 Abrdn Physical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Abrdn financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Abrdn Physical Etf history
Abrdn Physical 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 Abrdn is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in abrdn Physical Gold 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 Abrdn Physical stock prices may prove useful in developing a viable investing in Abrdn Physical
Abrdn Physical Etf Technical Analysis
Abrdn Physical 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
Abrdn Physical Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
abrdn Physical Gold 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.
Abrdn Physical November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Abrdn Physical etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Abrdn Physical shares will generate the highest return on investment. By undertsting and applying Abrdn Physical etf market strength indicators, traders can identify abrdn Physical Gold entry and exit signals to maximize returns
Abrdn Physical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Abrdn Physical's price direction in advance. Along with the technical and fundamental analysis of Abrdn Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Abrdn 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 | 0.0825 | |||
| Jensen Alpha | 0.0935 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (1.40) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in abrdn Physical Gold. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of abrdn Physical Gold is measured differently than its book value, which is the value of Abrdn that is recorded on the company's balance sheet. Investors also form their own opinion of Abrdn Physical's value that differs from its market value or its book value, called intrinsic value, which is Abrdn Physical'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 Abrdn Physical's market value can be influenced by many factors that don't directly affect Abrdn Physical'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 Abrdn Physical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Abrdn Physical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abrdn Physical'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.