Graniteshares Gold Trust Etf Price on December 5, 2024

BAR Etf  USD 26.14  0.30  1.13%   
Below is the normalized historical share price chart for GraniteShares Gold Trust extending back to August 31, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of GraniteShares Gold stands at 26.14, as last reported on the 14th of December 2024, with the highest price reaching 26.29 and the lowest price hitting 26.13 during the day.
3 y Volatility
12.95
200 Day MA
24.1878
1 y Volatility
10.63
50 Day MA
26.3598
Inception Date
2017-08-23
 
Covid
If you're considering investing in GraniteShares Etf, it is important to understand the factors that can impact its price. Currently, GraniteShares Gold Trust is very steady. GraniteShares Gold Trust holds Efficiency (Sharpe) Ratio of 0.0438, which attests that the entity had a 0.0438% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for GraniteShares Gold Trust, which you can use to evaluate the volatility of the entity. Please check out GraniteShares Gold's risk adjusted performance of 0.0438, and Market Risk Adjusted Performance of (0.20) to validate if the risk estimate we provide is consistent with the expected return of 0.0445%.
  
GraniteShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0438

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsBAR

Estimated Market Risk

 1.02
  actual daily
9
91% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average GraniteShares Gold is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of GraniteShares Gold by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
No Data

Related Headline

Abrdn Physical Headline on 5th of December 2024

HighTower Advisors LLC cut its position in abrdn Physical Gold Shares ETF by 4.2 percent in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission . The institutional investor owned 2,009,223 shares of the companys stock after selling 88,159 shares during the period.

GraniteShares Gold Valuation on December 5, 2024

It is possible to determine the worth of GraniteShares Gold on a given historical date. On December 5, 2024 GraniteShares was worth 26.11 at the beginning of the trading date compared to the closed value of 25.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GraniteShares Gold etf. Still, in general, we apply an absolute valuation method to find GraniteShares Gold's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of GraniteShares Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GraniteShares Gold's related companies.
 Open High Low Close Volume
  26.19    26.23    26.13    26.16    1,135,044  
12/05/2024
  26.11    26.12    25.90    25.97    1,156,991  
  25.97    26.07    25.93    25.99    915,177  
Backtest GraniteShares Gold  |  GraniteShares Gold History  |  GraniteShares Gold Valuation   PreviousNext  
Open Value
26.11
25.97
Closing Value
29.16
Upside

GraniteShares Gold Trading Date Momentum on December 5, 2024

On December 06 2024 GraniteShares Gold Trust was traded for  25.99  at the closing time. Highest GraniteShares Gold's price during the trading hours was 26.07  and the lowest price during the day was  25.93 . The net volume was 915.2 K. The overall trading history on the 6th of December contributed to the next trading period price gain. The overall trading delta to the next next day price was 0.08% . The overall trading delta to current price is 1.19% .

GraniteShares Gold Trust Fundamentals Correlations and Trends

By evaluating GraniteShares Gold's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among GraniteShares Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GraniteShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About GraniteShares Gold Etf history

GraniteShares Gold investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for GraniteShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GraniteShares Gold Trust will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing GraniteShares Gold stock prices may prove useful in developing a viable investing in GraniteShares Gold

GraniteShares Gold Etf Technical Analysis

GraniteShares Gold technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of GraniteShares Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of GraniteShares Gold trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

GraniteShares Gold Period Price Range

Low
December 14, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

GraniteShares Gold Trust cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

GraniteShares Gold December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how GraniteShares Gold etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GraniteShares Gold shares will generate the highest return on investment. By undertsting and applying GraniteShares Gold etf market strength indicators, traders can identify GraniteShares Gold Trust entry and exit signals to maximize returns

GraniteShares Gold Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for GraniteShares Gold's price direction in advance. Along with the technical and fundamental analysis of GraniteShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of GraniteShares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether GraniteShares Gold Trust is a strong investment it is important to analyze GraniteShares 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 GraniteShares Gold's future performance. For an informed investment choice regarding GraniteShares Etf, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GraniteShares Gold Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of GraniteShares Gold Trust is measured differently than its book value, which is the value of GraniteShares that is recorded on the company's balance sheet. Investors also form their own opinion of GraniteShares Gold's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares 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 GraniteShares Gold's market value can be influenced by many factors that don't directly affect GraniteShares 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 GraniteShares Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares 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.