Gold And Precious Fund Price on September 27, 2024
| USERX Fund | USD 12.84 0.29 2.31% |
Below is the normalized historical share price chart for Gold And Precious extending back to May 15, 1986. 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 Gold stands at 12.84, as last reported on the 11th of December 2024, with the highest price reaching 12.84 and the lowest price hitting 12.84 during the day.
If you're considering investing in Gold Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Gold Mutual Fund to be not too volatile. Gold And Precious holds Efficiency (Sharpe) Ratio of 0.0135, which attests that the entity had a 0.0135% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Gold And Precious, which you can use to evaluate the volatility of the entity. Please check out Gold's Downside Deviation of 1.84, market risk adjusted performance of (1.54), and Risk Adjusted Performance of 0.0616 to validate if the risk estimate we provide is consistent with the expected return of 0.0233%.
Gold Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Gold |
Sharpe Ratio = 0.0135
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | USERX |
Estimated Market Risk
| 1.72 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Gold is performing at about 1% 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 Gold by adding it to a well-diversified portfolio.
Gold Main Headline on 27th of September 2024
Frank Talk gold mining stocks undervalued as metal prices sk... by news.google.com
Frank Talk gold mining stocks undervalued as metal prices skyrocket Proactive Investors UK
Gold Valuation on September 27, 2024
It is possible to determine the worth of Gold on a given historical date. On September 27, 2024 Gold was worth 13.49 at the beginning of the trading date compared to the closed value of 13.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gold mutual fund. Still, in general, we apply an absolute valuation method to find 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 Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gold's related companies.
| Open | High | Low | Close | Volume | |
| 13.87 | 13.87 | 13.87 | 13.87 | 1.00 | |
09/27/2024 | 13.49 | 13.49 | 13.49 | 13.49 | 1.00 |
| 13.31 | 13.31 | 13.31 | 13.31 | 1.00 |
| Backtest Gold | | | Gold History | | | Gold Valuation | Previous | Next |
Gold Trading Date Momentum on September 27, 2024
| On September 30 2024 Gold And Precious was traded for 13.31 at the closing time. The highest daily price throughout the period was 13.31 and the lowest price was 13.31 . There was no trading activity during the period 1.0. Lack of trading volume on 09/30/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.33% . The overall trading delta to current closing price is 2.67% . |
Gold And Precious Fundamentals Correlations and Trends
By evaluating 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 Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gold financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gold Mutual Fund history
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 Gold is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gold And Precious 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 Gold stock prices may prove useful in developing a viable investing in Gold
Under normal market conditions, the fund will invest at least 80 percent of its net assets in equity and equity-related securities of companies principally involved in the mining, fabrication, processing, marketing or distribution of precious metals including gold, silver, platinum group, palladium, as well as diamonds. The fund may also short positions in the funds portfolio that are considered by the Adviser to be overvalued in an effort to realize a valuation discrepancy. The fund is non-diversified.
Gold Mutual Fund Technical Analysis
Gold technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Gold Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Gold And Precious cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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.
Gold December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Gold mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gold shares will generate the highest return on investment. By undertsting and applying Gold mutual fund market strength indicators, traders can identify Gold And Precious entry and exit signals to maximize returns
Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gold's price direction in advance. Along with the technical and fundamental analysis of Gold Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gold 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.
| Risk Adjusted Performance | 0.0616 | |||
| Jensen Alpha | 0.1384 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0079 | |||
| Treynor Ratio | (1.55) |
| Cycle Indicators | ||
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Gold Mutual Fund
Gold financial ratios help investors to determine whether Gold Mutual Fund 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 security.
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