Gold Bullion Five Year Return vs. Ten Year Return
| GBS Etf | EUR 235.08 3.26 1.41% |
For Gold Bullion profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gold Bullion to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Gold Bullion Securities utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gold Bullion's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gold Bullion Securities over time as well as its relative position and ranking within its peers.
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Gold Bullion Securities Ten Year Return vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Gold Bullion's current stock value. Our valuation model uses many indicators to compare Gold Bullion value to that of its competitors to determine the firm's financial worth. Gold Bullion Securities is rated below average in five year return as compared to similar ETFs. It is rated below average in ten year return as compared to similar ETFs . Comparative valuation analysis is a catch-all model that can be used if you cannot value Gold Bullion by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Gold Bullion's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Gold Ten Year Return vs. Five Year Return
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Gold Bullion |
| = | (5.32) % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
Gold Bullion |
| = | 6.24 % |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
Gold Ten Year Return Comparison
Gold Bullion is rated # 5 ETF in ten year return as compared to similar ETFs.
Gold Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Gold Bullion. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Gold Bullion position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Gold Bullion's important profitability drivers and their relationship over time.
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| Five Year Return vs Net Asset |
Use Gold Bullion in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gold Bullion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gold Bullion will appreciate offsetting losses from the drop in the long position's value.Gold Bullion Pair Trading
Gold Bullion Securities Pair Trading Analysis
The ability to find closely correlated positions to Gold Bullion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gold Bullion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gold Bullion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gold Bullion Securities to buy it.
The correlation of Gold Bullion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gold Bullion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gold Bullion Securities moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gold Bullion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Gold Bullion position
In addition to having Gold Bullion in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Basic Utilities Thematic Idea Now
Basic Utilities
Companies involved in production and distribution of electric, gas, water, and other energy utilities. The Basic Utilities theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Basic Utilities Theme or any other thematic opportunities.
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Other Information on Investing in Gold Etf
To fully project Gold Bullion's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Gold Bullion Securities at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Gold Bullion's income statement, its balance sheet, and the statement of cash flows.