| GLDM Etf | | | USD 100.46 -0.14 -0.14% |
The statistic functions module provides an execution environment for Beta function and related indicators on SPDR Gold. This view tracks statistical functions describing dispersion and variability to support structured performance interpretation without implying advice.Please specify Time Period to generate the indicator output.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on SPDR Gold Mini 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 Mini 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.
Most technical analysis of SPDR Gold help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for SPDR from various momentum indicators to cycle indicators. When you analyze SPDR charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Premium and discount behavior, along with bid-ask spreads, can influence realized performance. The five-year return stands at 24.0%.
Methodology
Unless otherwise specified, data for SPDR Gold Mini is derived from fund disclosures (prospectus language, holdings reports, and periodic statements where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on instrument type. SPDR Gold Mini market data and reported NAV may reflect delayed updates. Data may be delayed depending on reporting sources and market conventions. SPDR Gold Mini pricing may reflect short-lived NAV premiums/discounts influenced by creation/redemption activity, tracking difference, and intraday basket updates. Assumptions: Underlying inputs rely on public fund disclosures, holdings reports, and market data feeds, including disclosures from U.S. Securities and Exchange Commission (SEC) via EDGAR. Values may reflect publication timing differences. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.
Research Sources
SPDR Gold Mini may have reference inputs that incorporate holdings disclosures, category classification, and NAV-derived statistics where available. Updates may occur throughout the day.
This content is curated and reviewed by:
Gabriel Shpitalnik - Member of Macroaxis Editorial Board
Tracking SPDR Gold inside a portfolio is useful because individual winners can still weaken diversification or distort overall risk targets. A disciplined tracking process turns performance data into better decisions instead of more noise.