Spdr Gold Mini Etf Key Fundamental Indicators
| GLDM Etf | USD 99.61 2.36 2.43% |
As of the 16th of February 2026, SPDR Gold has the risk adjusted performance of 0.1301, and Coefficient Of Variation of 651.54. SPDR Gold technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the etf's future prices. Please validate SPDR Gold Mini jensen alpha, and the relationship between the coefficient of variation and potential upside to decide if SPDR Gold is priced adequately, providing market reflects its prevalent price of 99.61 per share.
SPDR Gold's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing SPDR Gold's valuation are provided below:SPDR Gold Mini does not now have any fundamental trend indicators for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Understanding SPDR Gold Mini requires distinguishing between market price and book value, where the latter reflects SPDR's accounting equity. The concept of intrinsic value - what SPDR Gold's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push SPDR Gold's price substantially above or below its fundamental value.
Please note, there is a significant difference between SPDR Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, SPDR Gold's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
SPDR Gold 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to SPDR Gold's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of SPDR Gold.
| 11/18/2025 |
| 02/16/2026 |
If you would invest 0.00 in SPDR Gold on November 18, 2025 and sell it all today you would earn a total of 0.00 from holding SPDR Gold Mini or generate 0.0% return on investment in SPDR Gold over 90 days. SPDR Gold is related to or competes with IShares MSCI, WisdomTree Floating, Schwab Fundamental, Vanguard Health, Vanguard Health, Dimensional Equity, and Fidelity Freedom. The Shares are designed for investors who want a cost-effective and convenient way to invest in gold More
SPDR Gold Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure SPDR Gold's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess SPDR Gold Mini upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.68 | |||
| Information Ratio | 0.1209 | |||
| Maximum Drawdown | 13.91 | |||
| Value At Risk | (3.40) | |||
| Potential Upside | 2.99 |
SPDR Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SPDR Gold's standard deviation. In reality, there are many statistical measures that can use SPDR Gold historical prices to predict the future SPDR Gold's volatility.| Risk Adjusted Performance | 0.1301 | |||
| Jensen Alpha | 0.2883 | |||
| Total Risk Alpha | 0.1598 | |||
| Sortino Ratio | 0.0967 | |||
| Treynor Ratio | 0.6206 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SPDR Gold's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
SPDR Gold February 16, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1301 | |||
| Market Risk Adjusted Performance | 0.6306 | |||
| Mean Deviation | 1.33 | |||
| Semi Deviation | 2.23 | |||
| Downside Deviation | 2.68 | |||
| Coefficient Of Variation | 651.54 | |||
| Standard Deviation | 2.14 | |||
| Variance | 4.6 | |||
| Information Ratio | 0.1209 | |||
| Jensen Alpha | 0.2883 | |||
| Total Risk Alpha | 0.1598 | |||
| Sortino Ratio | 0.0967 | |||
| Treynor Ratio | 0.6206 | |||
| Maximum Drawdown | 13.91 | |||
| Value At Risk | (3.40) | |||
| Potential Upside | 2.99 | |||
| Downside Variance | 7.18 | |||
| Semi Variance | 4.99 | |||
| Expected Short fall | (1.36) | |||
| Skewness | (1.65) | |||
| Kurtosis | 8.63 |
SPDR Gold Mini Backtested Returns
SPDR Gold appears to be very steady, given 3 months investment horizon. SPDR Gold Mini owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the etf had a 0.17 % return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for SPDR Gold Mini, which you can use to evaluate the volatility of the etf. Please review SPDR Gold's risk adjusted performance of 0.1301, and Coefficient Of Variation of 651.54 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.51, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SPDR Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPDR Gold is expected to be smaller as well.
Auto-correlation | 0.66 |
Good predictability
SPDR Gold Mini has good predictability. Overlapping area represents the amount of predictability between SPDR Gold time series from 18th of November 2025 to 2nd of January 2026 and 2nd of January 2026 to 16th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SPDR Gold Mini price movement. The serial correlation of 0.66 indicates that around 66.0% of current SPDR Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 29.14 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, SPDR Gold Mini has a Beta of 0.73. This is 170.37% higher than that of the SPDR State Street Global Advisors family and significantly higher than that of the Commodities Focused category. The beta for all United States etfs is notably lower than that of the firm.
SPDR Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SPDR Gold's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of SPDR Gold could also be used in its relative valuation, which is a method of valuing SPDR Gold by comparing valuation metrics of similar companies.SPDR Gold is currently under evaluation in beta as compared to similar ETFs.
SPDR Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SPDR Gold's current stock value. Our valuation model uses many indicators to compare SPDR Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPDR Gold competition to find correlations between indicators driving SPDR Gold's intrinsic value. More Info.SPDR Gold Mini is one of the top ETFs in beta as compared to similar ETFs. It also is one of the top ETFs in one year return as compared to similar ETFs reporting about 98.08 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value SPDR Gold by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.As returns on the market increase, SPDR Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPDR Gold is expected to be smaller as well.
SPDR Fundamentals
| Number Of Employees | 645 | |||
| Beta | 0.73 | |||
| Total Asset | 4.64 B | |||
| One Year Return | 71.60 % | |||
| Three Year Return | 39.30 % | |||
| Five Year Return | 22.40 % | |||
| Net Asset | 4.64 B |
About SPDR Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPDR Gold Mini's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR Gold Mini 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.The Shares are designed for investors who want a cost-effective and convenient way to invest in gold. SPDR Gold is traded on NYSEARCA Exchange in the United States.
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Understanding SPDR Gold Mini requires distinguishing between market price and book value, where the latter reflects SPDR's accounting equity. The concept of intrinsic value - what SPDR Gold's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push SPDR Gold's price substantially above or below its fundamental value.
Please note, there is a significant difference between SPDR Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, SPDR Gold's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.