Gold Bullion Competition

Etfs . France . 
Etf . Gold Bullion Securities
GBS Etf  EUR 231.79  1.59  0.69%   
Gold Bullion Securities competes with Amundi Index, Amundi Index, Manitou BF, Ossiam Minimum, and Ekinops SA; as well as few others. Analyzing Gold Bullion competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Gold Bullion to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Gold Bullion Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Gold Bullion competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
230.91231.79232.67
Details
Intrinsic
Valuation
LowRealHigh
219.73220.61254.97
Details
Naive
Forecast
LowNextHigh
236.56237.44238.31
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
222.82230.09237.35
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Gold Bullion Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Gold Bullion and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Gold and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Gold Bullion Securities does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
JPM
+ 0.86
CRM
CRM
+ 0.81
T
XOM
+ 0.73
META
JPM
+ 0.7
F
XOM
+ 0.65
CRM
CRM
+ 0.64
META
  
High negative correlations   
MRK
- 0.91
CRM
MRK
- 0.83
JPM
MRK
- 0.79
T
JPM
- 0.6
A
XOM
- 0.56
MRK
MRK
- 0.53
META

Gold Bullion Competition Risk-Adjusted Indicators

There is a big difference between Gold Etf performing well and Gold Bullion ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Gold Bullion's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
META  1.07  0.07  0.02  0.23  1.41 
(1.14)
 2.62 
(3.15)
 8.02 
MSFT  0.90 (0.04)(0.05) 0.07  1.50 
(0.86)
 2.09 
(1.85)
 8.19 
UBER  1.61 (0.11)(0.04) 0.02  2.32 
(1.70)
 2.69 
(2.53)
 20.10 
F  1.42 (0.15)(0.04) 0.03  2.23 
(1.39)
 2.53 
(2.90)
 11.21 
T  0.92  0.26  0.12 (7.83) 0.86 
(1.06)
 2.56 
(1.72)
 6.47 
A  1.17 (0.09) 0.00 (0.06) 0.00 
 0.00 
 2.71 
(2.42)
 9.02 
CRM  1.31  0.23  0.18  0.34  1.08 
(1.53)
 3.18 
(1.91)
 9.98 
JPM  1.12 (0.04) 0.05  0.11  1.38 
(1.23)
 2.05 
(2.00)
 15.87 
MRK  0.91 (0.24) 0.00 (0.86) 0.00 
 0.00 
 2.00 
(2.13)
 4.89 
XOM  1.00 (0.03)(0.07) 0.06  1.31 
(1.04)
 2.10 
(2.09)
 5.74 
All Fundamental Data

Gold Bullion Competitive Analysis

The better you understand Gold Bullion competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Gold Bullion's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Gold Bullion's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
GBS CW8 AEEM MTU MVUS 3LLV ADOT EKI ORAP MEMS
 0.69 
 231.79 
Gold
 0.37 
 574.01 
Amundi
 0.98 
 5.15 
Amundi
 0.51 
 15.70 
Manitou
 0.00 
 261.96 
Ossiam
 3.27 
 1.58 
Granite
 3.52 
 3.84 
21Shares
 1.43 
 3.44 
Ekinops
 0.00 
 6.50 
Orapi
 4.97 
 3.06 
Memscap
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Not too volatile
Not too volatile
Out of control
Out of control
Very risky
Relatively risky
Not too volatile
Out of control
Market Performance
(90 Days Performance)
Solid
Solid
Modest
Very Weak
Very Weak
Very Weak
Solid
Weak
OK
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Unknown
Unknown
Low
Low
Below Average
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Fairly Valued
Over Valued
Under Valued
Under Valued
Over Valued
Over Valued
Over Valued
Under Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Hold
Cautious Hold
Hold
Not Rated
Not Rated
Strong Hold
Strong Sell
Cautious Hold
Not Rated
Current Ratio
N/A
N/A
N/A
1.68
N/A
1.44
1.14
2.75
Net Asset
4.07 B
541.52 M
373.65 M
1.51 B
N/A
170.3 M
184.64 M
25.43 M
Profit Margin
N/A
N/A
N/A
0.0265
N/A
0.0725
9.0E-4
-0.0705
EBITDA
N/A
N/A
N/A
176.71 M
N/A
14.88 M
19.41 M
1.06 M
Price To Book
N/A
2.06
1.37
1.08
N/A
1.87
0.49
0.71
Operating Margin
N/A
N/A
N/A
0.0432
N/A
0.0493
0.039
-0.034
Current Valuation
N/A
N/A
N/A
906.28 M
N/A
186.73 M
84.89 M
12.83 M
Five Year Return
-5.32
13.28
5.41
N/A
8.32
N/A
N/A
N/A
Retained Earnings
N/A
N/A
N/A
23 M
N/A
(2 M)
(6 M)
N/A
Current Asset
N/A
N/A
N/A
786 M
N/A
13 M
115 M
N/A
One Year Return
-6.28
28.7
3.48
N/A
10.8
N/A
N/A
N/A
Beta
N/A
N/A
N/A
1.35
N/A
1.14
0.0161
1.08
Equity Positions Weight
N/A
99.97
100.0
N/A
99.88
N/A
N/A
N/A
Number Of Employees
4
N/A
1
4.32 K
N/A
466
1.01 K
58
Shares Outstanding
N/A
N/A
N/A
38.27 M
N/A
26.46 M
6.52 M
7.46 M
Three Year Return
-2.38
12.5
N/A
N/A
9.04
N/A
N/A
N/A
Cash Flow From Operations
N/A
N/A
N/A
129.99 M
N/A
12.5 M
17.24 M
1.59 M
Annual Yield
N/A
N/A
N/A
0.03
N/A
N/A
N/A
N/A
Total Debt
N/A
N/A
N/A
125.86 M
N/A
19.74 M
18.64 M
5.22 M
Return On Equity
N/A
N/A
N/A
0.0697
N/A
0.0841
0.0067
-0.0337
Z Score
N/A
N/A
N/A
5.8
N/A
6.6
1.6
1.2
Return On Asset
N/A
N/A
N/A
0.0348
N/A
0.0207
0.0268
-0.026
Book Value Per Share
N/A
N/A
N/A
20.37
N/A
4.04
8.98
1.99
Current Liabilities
N/A
N/A
N/A
362 M
N/A
6 M
110 M
N/A
Total Asset
4.07 B
N/A
N/A
1.51 B
N/A
170.3 M
184.64 M
25.43 M
Debt To Equity
N/A
N/A
N/A
30.1
N/A
21.2
187.9
8.1
Target Price
N/A
N/A
N/A
29.1
N/A
10.0
8.3
2.3
Last Dividend Paid
N/A
N/A
N/A
0.8
N/A
N/A
N/A
N/A
Shares Owned By Institutions
N/A
N/A
N/A
11.75
N/A
37.23
29.98
N/A
Market Capitalization
N/A
N/A
N/A
1.03 B
N/A
231.56 M
27.87 M
14.84 M
Price To Earning
N/A
18.0
12.72
11.45
N/A
-11.27
-47.75
48.75
Price To Sales
N/A
1.45
1.17
0.44
N/A
1.72
0.13
1.14
Net Income
N/A
N/A
N/A
86.76 M
N/A
4.81 M
195 K
(328 K)
Earnings Per Share
N/A
N/A
N/A
1.35
N/A
0.32
N/A
N/A
Shares Owned By Insiders
N/A
N/A
N/A
71.13
N/A
18.71
36.84
10.09
Revenue
N/A
N/A
N/A
1.87 B
N/A
103.57 M
226.62 M
11.4 M
Ten Year Return
6.24
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Working Capital
N/A
N/A
N/A
424 M
N/A
7 M
5 M
N/A
Cash And Equivalents
N/A
N/A
N/A
28.35 M
N/A
N/A
8.55 M
1.29 M
Cash Per Share
N/A
N/A
N/A
0.74
N/A
1.17
1.87
0.32
Gross Profit
N/A
N/A
N/A
316.35 M
N/A
56.46 M
115.01 M
3.29 M
Day Typical Price
231.55
572.85
5.13
15.65
261.96
1.56
3.86
3.44
6.5
3.1
Accumulation Distribution
0.0038
0.0062
0.0117
0.0152
N/A
0.0443
0.0179
0.0202
N/A
0.05
Market Facilitation Index
0.87
3.53
0.06
0.24
N/A
0.07
0.07
0.07
N/A
0.16
Daily Balance Of Power
1.827586
0.5921
0.8333
(0.33)
0.0
0.7143
(2.00)
(0.71)
0.0
(1.00)
Period Momentum Indicator
1.59
2.09
0.05
(0.08)
N/A
0.05
(0.14)
(0.05)
N/A
(0.16)
Rate Of Daily Change
1.01
1.0
1.01
0.99
1.0
1.03
0.96
0.99
1.0
0.95
Day Median Price
231.44
572.27
5.12
15.62
261.96
1.55
3.88
3.44
6.5
3.12
Price Action Indicator
1.15
2.79
0.055
0.04
N/A
0.06
(0.11)
(0.02)
N/A
(0.14)
Coefficient Of Variation
529.26
514.87
1485.3
(739.40)
N/A
(2,422)
531.89
(32,174)
831.79
(306.33)
Mean Deviation
0.6207
0.562
0.7098
1.49
N/A
5.06
3.68
1.8
0.3963
2.52
Jensen Alpha
0.1621
0.1136
0.0438
(0.34)
N/A
(0.05)
0.9687
(0.06)
0.1299
(1.08)
Total Risk Alpha
0.0093
0.011
(0.11)
(0.60)
N/A
(1.51)
0.1214
(0.49)
(0.06)
(1.66)
Sortino Ratio
0.0272
0.0176
(0.08)
N/A
N/A
N/A
0.2611
N/A
1.0E-4
N/A
Downside Variance
1.04
0.4799
0.9161
N/A
N/A
N/A
15.69
N/A
2.02
N/A
Standard Deviation
0.8753
0.7712
0.9587
1.96
N/A
7.22
6.23
2.85
1.15
3.33
Kurtosis
3.09
2.6
0.7618
0.8089
N/A
3.61
12.47
4.9
36.62
1.01
Potential Upside
1.57
1.32
1.72
3.69
N/A
10.4
9.68
4.95
0.3356
3.79
Treynor Ratio
(2.97)
0.6822
0.6448
(0.54)
N/A
0.1506
0.7672
(0.07)
(7.30)
7.01
Maximum Drawdown
5.45
4.32
4.93
9.28
N/A
44.5
38.86
16.76
8.35
14.74
Variance
0.7661
0.5947
0.9191
3.84
N/A
52.13
38.86
8.11
1.31
11.12
Market Risk Adjusted Performance
(2.96)
0.6922
0.6548
(0.53)
N/A
0.1606
0.7772
(0.06)
(7.29)
7.02
Risk Adjusted Performance
0.1457
0.1486
0.0535
(0.1)
N/A
(0.02)
0.1525
0.0049
0.0952
(0.24)
Skewness
(0.83)
0.6172
0.2972
0.897
N/A
0.938
2.93
1.62
5.25
(0.13)
Semi Deviation
0.756
0.4744
0.776
N/A
N/A
N/A
2.48
N/A
0.2251
N/A
Information Ratio
0.0317
0.0158
(0.08)
(0.21)
N/A
(0.06)
0.1659
(0.05)
1.0E-4
(0.37)
Value At Risk
(1.28)
(1.21)
(1.69)
(2.80)
N/A
(11.88)
(5.34)
(4.19)
(0.31)
(6.92)
Expected Short fall
(0.65)
(0.63)
(0.90)
N/A
N/A
N/A
(6.12)
N/A
(1.23)
N/A
Downside Deviation
1.02
0.6927
0.9571
N/A
N/A
N/A
3.96
N/A
1.42
N/A
Semi Variance
0.5715
0.2251
0.6022
N/A
N/A
N/A
6.16
N/A
0.0507
N/A

Gold Bullion Competition Performance Charts

Five steps to successful analysis of Gold Bullion Competition

Gold Bullion's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Gold Bullion Securities in relation to its competition. Gold Bullion's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Gold Bullion in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Gold Bullion's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Gold Bullion Securities, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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 Millennials Best Thematic Idea Now

Millennials Best
Millennials Best Theme
Companies or funds that provide products or services that appeal to the generation of millennials and that are expected to experience growth in the next 5 years. The millennial generation usually refers to the demographic population that were born between 1980 to 2000. The Millennials Best theme has 77 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 Millennials Best Theme or any other thematic opportunities.
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Other Information on Investing in Gold Etf

Gold Bullion financial ratios help investors to determine whether Gold 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 Gold with respect to the benefits of owning Gold Bullion security.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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