Ishares Gold Trust Etf Equity Positions Weight
| IAU Etf | USD 49.98 0.59 1.17% |
iShares Gold Trust fundamentals help investors to digest information that contributes to IShares Gold's financial success or failures. It also enables traders to predict the movement of IShares Etf. The fundamental analysis module provides a way to measure IShares Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to IShares Gold etf.
IShares |
iShares Gold Trust ETF Equity Positions Weight Analysis
IShares Gold's Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
More About Equity Positions Weight | All Equity Analysis
Stock Percentage | = | % of Equities | in the fund |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
| Competition |
According to the company disclosure, iShares Gold Trust has an Equity Positions Weight of 0.0%. This is 100.0% lower than that of the iShares family and about the same as Commodities Focused (which currently averages 0.0) category. The equity positions weight for all United States etfs is 100.0% higher than that of the company.
IShares Equity Positions Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IShares Gold's direct or indirect competition against its Equity Positions Weight to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of IShares Gold could also be used in its relative valuation, which is a method of valuing IShares Gold by comparing valuation metrics of similar companies.IShares Gold is currently under evaluation in equity positions weight as compared to similar ETFs.
IShares Fundamentals
| Price To Earning | 60.88 X | |||
| Earnings Per Share | 0.46 X | |||
| Beta | 0.18 | |||
| Market Capitalization | 32.25 B | |||
| Total Asset | 25.74 B | |||
| One Year Return | 34.90 % | |||
| Three Year Return | 14.20 % | |||
| Five Year Return | 12.40 % | |||
| Ten Year Return | 7.80 % | |||
| Net Asset | 25.74 B |
About IShares Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze iShares Gold Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IShares Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iShares Gold Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out IShares Gold Piotroski F Score and IShares Gold Altman Z Score analysis. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of iShares Gold Trust is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Gold's value that differs from its market value or its book value, called intrinsic value, which is IShares 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 IShares Gold's market value can be influenced by many factors that don't directly affect IShares 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 IShares Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares 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.