MicroSectors Gold is trading at 13.95 as of the 28th of November 2024, a 1.27 percent down since the beginning of the trading day. The etf's lowest day price was 13.37. MicroSectors Gold has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for MicroSectors Gold Miners are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
MicroSectors Gold Miners [GDXD] is traded in USA and was established 2020-12-02. The fund is listed under Trading--Inverse Commodities category and is part of BMO Capital Markets family. The entity is thematically classified as Sector ETFs. MicroSectors Gold Miners currently have 21.3 M in assets under management (AUM). , while the total return for the last 3 years was -58.2%.
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The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in MicroSectors Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether MicroSectors Gold Miners is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MicroSectors Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Microsectors Gold Miners Etf. Highlighted below are key reports to facilitate an investment decision about Microsectors Gold Miners Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in MicroSectors Gold Miners. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest.
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The market value of MicroSectors Gold Miners is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors Gold's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors 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 MicroSectors Gold's market value can be influenced by many factors that don't directly affect MicroSectors 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 MicroSectors Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors 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.