SPDR Gold Valuation
| GLD Etf | USD 266.29 4.02 1.49% |
At this time, the etf appears to be undervalued. SPDR Gold Shares has a current Real Value of $277.74 per share. The regular price of the etf is $266.29. Our model measures the value of SPDR Gold Shares from examining the etf fundamentals such as price to earning of 27.46 X, and Three Year Return of 15.00 % as well as evaluating its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that SPDR Gold's price fluctuation is very steady at this time. Calculation of the real value of SPDR Gold Shares is based on 3 months time horizon. Increasing SPDR Gold's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the SPDR etf is determined by what a typical buyer is willing to pay for full or partial control of SPDR Gold Shares. Since SPDR Gold is currently traded on the exchange, buyers and sellers on that exchange determine the market value of SPDR Etf. However, SPDR Gold's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 266.29 | Real 277.74 | Hype 266.29 |
The real value of SPDR Etf, also known as its intrinsic value, is the underlying worth of SPDR Gold Shares ETF, which is reflected in its stock price. It is based on SPDR Gold's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of SPDR Gold's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of SPDR Gold Shares helps investors to forecast how SPDR etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of SPDR Gold more accurately as focusing exclusively on SPDR Gold's fundamentals will not take into account other important factors: SPDR Gold Total Value Analysis
SPDR Gold Shares is currently expected to have company total value of 42.49 B with market capitalization of 42.49 B, debt of , and cash on hands of . Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the SPDR Gold fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
42.49 B | 42.49 B |
SPDR Gold Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The latest return on assets of SPDR indicates not a very effective usage of assets in February.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates SPDR Gold's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in SPDR Gold and how it compares across the competition.
About SPDR Gold Valuation
The etf valuation mechanism determines SPDR Gold's current worth on a weekly basis. Our valuation model uses a comparative analysis of SPDR Gold. We calculate exposure to SPDR Gold's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of SPDR Gold's related companies.The Trust holds gold bars and from time to time, issues Baskets in exchange for deposits of gold and distributes gold in connection with redemptions of Baskets. Gold SPDR is traded on NYSEARCA Exchange in the United States.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SPDR Gold Shares. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of SPDR Gold Shares is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Gold's value that differs from its market value or its book value, called intrinsic value, which is SPDR Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR Gold's market value can be influenced by many factors that don't directly affect SPDR Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic 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. However, SPDR Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.