Ishares Gold Etf Net Asset
| CSGOLD Etf | USD 427.05 2.80 0.66% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess IShares Gold's long-term financial health and intrinsic value.
IShares |
iShares Gold ETF ETF Net Asset Analysis
IShares Gold's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current IShares Gold Net Asset | 414.71 M |
Most of IShares Gold's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, iShares Gold ETF is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, iShares Gold ETF has a Net Asset of 414.71 M. This is much higher than that of the BlackRock Asset Management Schweiz AG family and significantly higher than that of the Net Asset category. The net asset for all Switzerland etfs is notably lower than that of the firm.
IShares Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IShares Gold's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of IShares Gold could also be used in its relative valuation, which is a method of valuing IShares Gold by comparing valuation metrics of similar companies.IShares Gold is currently under evaluation in net asset as compared to similar ETFs.
IShares Fundamentals
| Total Asset | 414.71 M | |||
| One Year Return | (0.41) % | |||
| Three Year Return | 1.92 % | |||
| Five Year Return | (1.51) % | |||
| Net Asset | 414.71 M |
About IShares Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze iShares Gold ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IShares Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iShares Gold ETF based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in IShares Etf
IShares Gold financial ratios help investors to determine whether IShares 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 IShares with respect to the benefits of owning IShares Gold security.