Ishares Gold Bullion Etf Performance
| CGL Etf | CAD 20.91 0.05 0.24% |
The etf retains a Market Volatility (i.e., Beta) of -0.31, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning IShares Gold are expected to decrease at a much lower rate. During the bear market, IShares Gold is likely to outperform the market.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in iShares Gold Bullion are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy essential indicators, IShares Gold is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | What is the price of gold in Canada And more about gold investing - MoneySense | 10/18/2024 |
| In Threey Sharp Ratio | 0.81 |
IShares |
IShares Gold Relative Risk vs. Return Landscape
If you would invest 1,989 in iShares Gold Bullion on August 30, 2024 and sell it today you would earn a total of 102.00 from holding iShares Gold Bullion or generate 5.13% return on investment over 90 days. iShares Gold Bullion is generating 0.086% of daily returns assuming 1.0325% volatility of returns over the 90 days investment horizon. Simply put, 9% of all etfs have less volatile historical return distribution than IShares Gold, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
IShares Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Gold's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iShares Gold Bullion, and traders can use it to determine the average amount a IShares Gold'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 = 0.0833
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Estimated Market Risk
| 1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average IShares Gold is performing at about 6% 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 IShares Gold by adding it to a well-diversified portfolio.
IShares Gold Fundamentals Growth
IShares Etf prices reflect investors' perceptions of the future prospects and financial health of IShares Gold, and IShares Gold 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 IShares Etf performance.
| Total Asset | 1.36 B | |||
About IShares Gold Performance
By examining IShares Gold's fundamental ratios, stakeholders can obtain critical insights into IShares Gold's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that IShares Gold is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The investment seeks to replicate, net of expenses, the price of gold bullion. ISHARES GOLD is traded on Toronto Stock Exchange in Canada.| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
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.