SPDR Gold Financials
GQ9 Stock | EUR 231.43 0.00 0.00% |
SPDR |
Understanding current and past SPDR Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of SPDR Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in SPDR Gold's assets may result in an increase in income on the income statement.
Please note, the presentation of SPDR Gold's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, SPDR Gold's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of SPDR Gold's management manipulating its earnings.
SPDR Gold Stock Summary
SPDR Gold competes with Insteel Industries, BlueScope Steel, APPLIED MATERIALS, RELIANCE STEEL, and Hyster Yale. The investment seeks to reflect the performance of the price of gold bullion, less the expenses of the Trusts operations. SPDR GOLD is traded on Berlin Stock Exchange in Germany.Instrument | Germany Stock View All |
Exchange | Berlin Exchange |
Sector | SPDR State Street Global Advisors |
Benchmark | Dow Jones Industrial |
Phone | 866 320 4053 |
Currency | EUR - Euro |
You should never invest in SPDR Gold without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of SPDR Stock, because this is throwing your money away. Analyzing the key information contained in SPDR Gold's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
SPDR Gold Key Financial Ratios
There are many critical financial ratios that SPDR Gold's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that SPDR Gold Shares reports annually and quarterly.SPDR Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SPDR Gold's current stock value. Our valuation model uses many indicators to compare SPDR Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPDR Gold competition to find correlations between indicators driving SPDR Gold's intrinsic value. More Info.SPDR Gold Shares is rated # 3 in beta category among its peers. It is one of the top stocks in total asset category among its peers fabricating about 993,666,666,667 of Total Asset per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the SPDR Gold's earnings, one of the primary drivers of an investment's value.SPDR Gold Shares Systematic Risk
SPDR Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SPDR Gold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on SPDR Gold Shares correlated with the market. If Beta is less than 0 SPDR Gold generally moves in the opposite direction as compared to the market. If SPDR Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SPDR Gold Shares is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SPDR Gold is generally in the same direction as the market. If Beta > 1 SPDR Gold moves generally in the same direction as, but more than the movement of the benchmark.
SPDR Gold December 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of SPDR Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SPDR Gold Shares. We use our internally-developed statistical techniques to arrive at the intrinsic value of SPDR Gold Shares based on widely used predictive technical indicators. In general, we focus on analyzing SPDR Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build SPDR Gold's daily price indicators and compare them against related drivers.
Downside Deviation | 1.1 | |||
Information Ratio | 0.0706 | |||
Maximum Drawdown | 6.07 | |||
Value At Risk | (1.39) | |||
Potential Upside | 1.49 |
Complementary Tools for SPDR Stock analysis
When running SPDR Gold's price analysis, check to measure SPDR Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPDR Gold is operating at the current time. Most of SPDR Gold's value examination focuses on studying past and present price action to predict the probability of SPDR Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPDR Gold's price. Additionally, you may evaluate how the addition of SPDR Gold to your portfolios can decrease your overall portfolio volatility.
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