SPDR Gold Valuation
| GLDM Etf | USD 53.62 0.69 1.30% |
At this time, the etf appears to be overvalued. SPDR Gold MiniShares has a current Real Value of $48.79 per share. The regular price of the etf is $53.62. Our model measures the value of SPDR Gold MiniShares from examining the etf fundamentals such as five year return of 12.10 %, and Number Of Employees of 645 as well as evaluating its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that SPDR Gold's price fluctuation is very steady at this time. Calculation of the real value of SPDR Gold MiniShares 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 MiniShares. 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 53.62 | Real 48.79 | Hype 53.63 | Naive 53.04 |
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, news, and other external factors that may influence SPDR Gold's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of SPDR Gold MiniShares 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: About SPDR Gold Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of SPDR Gold MiniShares. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of SPDR Gold MiniShares based exclusively on its fundamental and basic technical indicators. By analyzing SPDR Gold's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of SPDR Gold's intrinsic value. As compared to an absolute model, our relative 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. When determining whether SPDR Gold MiniShares is a strong investment it is important to analyze SPDR Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SPDR Gold's future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SPDR Gold MiniShares. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of SPDR Gold MiniShares 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.