Us Global Go Etf Profile
| GOAU Etf | USD 19.15 0.11 0.58% |
Performance13 of 100
| Odds Of DistressLess than 9
|
US Global is selling for under 19.15 as of the 19th of April 2024; that is 0.58 percent increase since the beginning of the trading day. The etf's last reported lowest price was 19.07. US Global has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for US Global GO are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Under normal circumstances, the fund will invest at least 80 percent of its net assets in Precious Metals Companies and at least 20 percent of its net assets in Precious Metals Companies that primarily derive their revenue from gold. US Global is traded on NYSEARCA Exchange in the United States.. More on US Global GO
Moving together with GOAU Etf
| 0.97 | GDX | VanEck Gold Miners | PairCorr |
| 0.97 | SIL | Global X Silver | PairCorr |
| 0.98 | SILJ | ETFMG Prime Junior | PairCorr |
| 0.99 | SGDM | Sprott Gold Miners | PairCorr |
| 0.96 | SGDJ | Sprott Junior Gold | PairCorr |
| 0.99 | GOEX | Global X Gold | PairCorr |
Moving against GOAU Etf
| 0.8 | BA | Boeing Earnings Call This Week | PairCorr |
GOAU Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. US Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding US Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Materials ETFs, Sector ETFs, Equity Precious Metals, U.S. Global Investors (View all Sectors) |
| Issuer | US Global Investors |
| Inception Date | 2017-06-27 |
| Benchmark | U.S. Global GO GOLD and Precious Metal Miners Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 94.91 Million |
| Average Trading Valume | 28,681.9 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Materials |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | U.S. Global Investors, Inc. |
| Custodian | U.S. Bank, N.A. |
| Distributor | Quasar Distributors, LLC |
| Portfolio Manager | Frank E. Holmes, Ralph P. Aldis |
| Transfer Agent | U.S. Bank, N.A. |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 30.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.6 |
| Management Fee | 0.6 |
| Country Name | USA |
| Returns Y T D | 11.14 |
| Name | U.S. Global GO GOLD and Precious Metal Miners ETF |
| Currency Code | USD |
| Open Figi | BBG00H1KV4J3 |
| In Threey Volatility | 35.55 |
| 1y Volatility | 34.5 |
| 200 Day M A | 16.2126 |
| 50 Day M A | 16.5774 |
| Code | GOAU |
| Updated At | 18th of April 2024 |
| Currency Name | US Dollar |
US Global GO [GOAU] is traded in USA and was established 2017-06-27. The fund is listed under Equity Precious Metals category and is part of U.S. Global Investors family. The entity is thematically classified as Materials ETFs. US Global GO currently have 67.64 M in assets under management (AUM). , while the total return for the last 3 years was -1.7%.
Check US Global Probability Of Bankruptcy
Geographic Allocation (%)
US Global GO Currency Exposure
US Global GO holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of US Global will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in US Global GO.
Top US Global GO Etf Constituents
| ELD | Eldorado Gold Corp | Stock | Materials |
| FVI | Fortuna Silver Mines | Stock | Materials |
| PRU | Perseus Mining | Stock | Materials |
| RRL | Regis Resources | Stock | Materials |
| SBSW | Sibanye Gold Ltd | Stock | Materials |
| OGC | OceanaGold | Stock | Materials |
| RGLD | Royal Gold | Stock | Materials |
US Global Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of US Global jumping above the current price in 90 days from now is under 4%. The US Global GO probability density function shows the probability of US Global etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.7377. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, US Global will likely underperform. Additionally, uS Global GO has an alpha of 0.167, implying that it can generate a 0.17 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of US Global to move above the current price in 90 days from now is under 4 (This US Global GO probability density function shows the probability of GOAU Etf to fall within a particular range of prices over 90 days) .
US Global GO Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. US Global market risk premium is the additional return an investor will receive from holding US Global long position in a well-diversified portfolio. 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 US Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although US Global's alpha and beta are two of the key measurements used to evaluate US Global's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0973 | |||
| Jensen Alpha | 0.167 | |||
| Total Risk Alpha | 0.0885 | |||
| Sortino Ratio | 0.1165 |
US Global Against Markets
Picking the right benchmark for US Global etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in US Global etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for US Global is critical whether you are bullish or bearish towards US Global GO at a given time. Please also check how US Global's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in US Global without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy GOAU Etf?
Before investing in US Global, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in US Global. To buy US Global etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of US Global. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase US Global etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located US Global GO etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased US Global GO etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as US Global GO, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy GOAU Etf please use our How to Invest in US Global guide.
Already Invested in US Global GO?
The danger of trading US Global GO is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of US Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than US Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile US Global GO is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether US Global GO 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 GOAU 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 Us Global Go Etf. Highlighted below are key reports to facilitate an investment decision about Us Global Go Etf: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in US Global GO. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the US Global GO information on this page should be used as a complementary analysis to other US Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of US Global GO is measured differently than its book value, which is the value of GOAU that is recorded on the company's balance sheet. Investors also form their own opinion of US Global's value that differs from its market value or its book value, called intrinsic value, which is US Global'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 US Global's market value can be influenced by many factors that don't directly affect US Global'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 US Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Global'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.