Spdr Gold Mini Etf Market Value
| GLDM Etf | USD 96.01 10.76 10.08% |
| Symbol | SPDR |
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.
| 11/04/2025 |
| 02/02/2026 |
If you would invest 0.00 in SPDR Gold on November 4, 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 | 2.4 | |||
| Information Ratio | 0.1471 | |||
| Maximum Drawdown | 7.08 | |||
| Value At Risk | (1.78) | |||
| Potential Upside | 2.64 |
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 | 0.1302 | |||
| Jensen Alpha | 0.286 | |||
| Total Risk Alpha | 0.2152 | |||
| Sortino Ratio | 0.1118 | |||
| Treynor Ratio | 0.6066 |
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 2, 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 | 0.1302 | |||
| Market Risk Adjusted Performance | 0.6166 | |||
| Mean Deviation | 1.08 | |||
| Semi Deviation | 1.96 | |||
| Downside Deviation | 2.4 | |||
| Coefficient Of Variation | 582.42 | |||
| Standard Deviation | 1.83 | |||
| Variance | 3.33 | |||
| Information Ratio | 0.1471 | |||
| Jensen Alpha | 0.286 | |||
| Total Risk Alpha | 0.2152 | |||
| Sortino Ratio | 0.1118 | |||
| Treynor Ratio | 0.6066 | |||
| Maximum Drawdown | 7.08 | |||
| Value At Risk | (1.78) | |||
| Potential Upside | 2.64 | |||
| Downside Variance | 5.76 | |||
| Semi Variance | 3.83 | |||
| Expected Short fall | (1.15) | |||
| Skewness | (2.87) | |||
| Kurtosis | 16.03 |
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 0.19, which indicates the etf had a 0.19 % return per unit of volatility over the last 3 months. We have found thirty 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 0.1302, and Coefficient Of Variation of 582.42 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.5, 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 | 0.65 |
Good predictability
SPDR Gold Mini has good predictability. Overlapping area represents the amount of predictability between SPDR Gold time series from 4th of November 2025 to 19th of December 2025 and 19th of December 2025 to 2nd 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 0.65 indicates that roughly 65.0% of current SPDR Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 35.33 |
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SPDR Gold 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.