The Gold Bullion Fund Manager Performance Evaluation
| QGLCX Fund | USD 25.71 0.22 0.86% |
The fund retains a Market Volatility (i.e., Beta) of -0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Gold Bullion are expected to decrease at a much lower rate. During the bear market, Gold Bullion is likely to outperform the market.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in The Gold Bullion are ranked lower than 7 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental indicators, Gold Bullion is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 1st of May 2023 | |
| Expense Ratio | 2.0000 |
Gold |
Gold Bullion Relative Risk vs. Return Landscape
If you would invest 2,425 in The Gold Bullion on September 2, 2024 and sell it today you would earn a total of 146.00 from holding The Gold Bullion or generate 6.02% return on investment over 90 days. The Gold Bullion is currently producing 0.0963% returns and takes up 0.9974% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than Gold, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Gold Bullion Current Valuation
Overvalued
Today
Please note that Gold Bullion's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Gold Bullion retains a regular Real Value of $23.64 per share. The prevalent price of the fund is $25.71. We determine the value of Gold Bullion from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Gold Bullion is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Gold Mutual Fund. However, Gold Bullion's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 25.71 | Real 23.64 | Hype 25.71 | Naive 26.48 |
The intrinsic value of Gold Bullion's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Gold Bullion's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of The Gold Bullion helps investors to forecast how Gold mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Gold Bullion more accurately as focusing exclusively on Gold Bullion's fundamentals will not take into account other important factors: Gold Bullion Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gold Bullion's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as The Gold Bullion, and traders can use it to determine the average amount a Gold Bullion's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0966
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| Cash | QGLCX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.0 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Gold Bullion 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 Gold Bullion by adding it to a well-diversified portfolio.
Gold Bullion Fundamentals Growth
Gold Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Gold Bullion, and Gold Bullion fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Gold Mutual Fund performance.
| Total Asset | 550 K | ||||
About Gold Bullion Performance
Evaluating Gold Bullion's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Gold Bullion has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Gold Bullion has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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.Things to note about Gold Bullion performance evaluation
Checking the ongoing alerts about Gold Bullion for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Gold Bullion help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 53.03% of its assets in cash |
- Analyzing Gold Bullion's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Gold Bullion's stock is overvalued or undervalued compared to its peers.
- Examining Gold Bullion's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Gold Bullion's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Gold Bullion's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Gold Bullion's mutual fund. These opinions can provide insight into Gold Bullion's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Gold Mutual Fund
Gold Bullion financial ratios help investors to determine whether Gold 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 Gold with respect to the benefits of owning Gold Bullion security.
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