SPDR Gold Mini Etf Technical Analysis
| GLDM Etf | USD 95.81 -3.15 -3.18% |
As of the 18th of March 2026, the last recorded price for SPDR Gold is 95.81 per share. Primary technical drivers reflect risk adjusted performance of 0.1022, and Coefficient Of Variation of 826.11. Quantitative analysis incorporates volatility metrics and price behavior to assess directional bias. Metrics are compared to industry averages to assess relative positioning.
SPDR Gold Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SPDR, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SPDRSPDR Gold's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.Investors evaluate SPDR Gold Mini using market value and book value, each describing different facets of the business. Value and price for SPDR Gold are related but not identical, and they can diverge across cycles. Trading price represents the transaction level agreed by market participants.
It is useful to distinguish SPDR Gold's value from its trading price, which are computed with different methods. Analysis often considers earnings, revenue quality, fundamentals, technical signals, competition, and analyst coverage. SPDR Gold's market quotation reflects the latest level where a willing buyer met a willing seller.
What if' Analysis
Historical what-if analysis for SPDR Gold Mini is useful because it converts abstract timing questions into a structured review of past performance under changing entry and holding periods. The real value is perspective: it shows whether the thesis would have remained investable across different historical windows or depended too heavily on one favorable stretch.
| 12/18/2025 |
| 03/18/2026 |
If you invested 0.00 in SPDR Gold on December 18, 2025 and closed the position today, you would generate 0.00 in aggregate gains. In total, that is a 0.0% net return in SPDR Gold on balance across 90 days. SPDR Gold is often compared with IShares MSCI, WisdomTree Floating, Schwab Fundamental, VANGUARD HEALTH, Vanguard Health, Dimensional Equity, and FIDELITY FREEDOM based on sector and business overlap. This provides context for relative positioning. The Shares are designed for investors who want a cost-effective and convenient way to invest in gold More
SPDR Gold Upside and Downside Indicators Summary
Upside/downside measures for SPDR Gold frame directional pressure and range behavior. They provide a structured view of short-term momentum and range behavior.
| Downside Deviation | 2.87 | |||
| Information Ratio | 0.1344 | |||
| Maximum Drawdown | 13.91 | |||
| Value At Risk | -4.19 | |||
| Potential Upside | 2.99 |
SPDR Gold Volatility and Risk Indicators Signals
Risk measures here provide context on SPDR Gold's return distribution and drawdown behavior. This view provides neutral context for risk and variability.| Risk Adjusted Performance | 0.1022 | |||
| Jensen Alpha | 0.2902 | |||
| Total Risk Alpha | 0.3904 | |||
| Sortino Ratio | 0.1086 | |||
| Treynor Ratio | 0.5629 |
The concept of mean reversion suggests that SPDR Gold's price will eventually return toward its long-run average. High prices may deter value investors, while unusually low prices often attract buyers who anticipate a recovery.
Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1022 | |||
| Market Risk Adjusted Performance | 0.5729 | |||
| Mean Deviation | 1.56 | |||
| Semi Deviation | 2.55 | |||
| Downside Deviation | 2.87 | |||
| Coefficient Of Variation | 826.11 | |||
| Standard Deviation | 2.32 | |||
| Variance | 5.37 | |||
| Information Ratio | 0.1344 | |||
| Jensen Alpha | 0.2902 | |||
| Total Risk Alpha | 0.3904 | |||
| Sortino Ratio | 0.1086 | |||
| Treynor Ratio | 0.5629 | |||
| Maximum Drawdown | 13.91 | |||
| Value At Risk | -4.19 | |||
| Potential Upside | 2.99 | |||
| Downside Variance | 8.22 | |||
| Semi Variance | 6.52 | |||
| Expected Short fall | -1.55 | |||
| Skewness | -1.41 | |||
| Kurtosis | 5.78 |
SPDR Gold Mini Backtested Returns
Over the selected 3 months, SPDR Gold demonstrates a very low volatility profile. It exhibits a Sharpe Ratio of 0.0879, capturing return dispersion relative to standard deviation. Algorithmic screening detected twenty-nine volatility-sensitive metrics. Please analyze metrics such as risk-adjusted performance of 0.1022, and Coefficient Of Variation of 826.11 to assess dispersion and downside exposure. The etf owns a Beta (Systematic Risk) of 0.48, which conveys possible diversification benefits within a given portfolio. With a sub-1 beta, SPDR Gold participates in market rallies at a reduced pace while also limiting downside exposure.
Auto-correlation | 0.44 |
Average predictability
Serial correlation analysis for SPDR Gold Mini reveals average predictability across the intervals from 18th of December 2025 to 1st of February 2026 and from 1st of February 2026 to 18th of March 2026. The degree of alignment between past and current intervals shapes expectations about SPDR Gold Mini's price persistence. At 0.44, just about 44.0% of current SPDR Gold price movement aligns with historical price trajectory.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 7.63 |
Technical analysis for SPDR Gold examines price and volume behavior across market regimes. Common inputs include moving averages, RSI, regressions, and price-return correlations.
Technical Analysis
This analysis covers thirty-seven data points across the selected time horizon. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of SPDR Gold Mini volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Technical Analysis Methodology & Indicators
Technical analysis of SPDR Gold evaluates traded price structure, volume, and spread stability relative to NAV behavior. Volume and liquidity conditions influence signal reliability. Higher trading volume may improve order execution and price continuity.
For SPDR Gold Mini, this section uses fund disclosures and market reference feeds with Macroaxis normalization rules applied to keep cross-asset comparisons consistent. Intraday timing differences may exist.
This content is curated and reviewed by:
Gabriel Shpitalnik - Member of Macroaxis Editorial BoardSPDR Gold Technical Indicators
Investors following SPDR Gold Mini often rely on technical indicators to test whether price action is supporting continuation, exhaustion, or a possible change in direction. The practical goal is to improve execution quality rather than to suggest that charts alone can predict every move.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1022 | |||
| Market Risk Adjusted Performance | 0.5729 | |||
| Mean Deviation | 1.56 | |||
| Semi Deviation | 2.55 | |||
| Downside Deviation | 2.87 | |||
| Coefficient Of Variation | 826.11 | |||
| Standard Deviation | 2.32 | |||
| Variance | 5.37 | |||
| Information Ratio | 0.1344 | |||
| Jensen Alpha | 0.2902 | |||
| Total Risk Alpha | 0.3904 | |||
| Sortino Ratio | 0.1086 | |||
| Treynor Ratio | 0.5629 | |||
| Maximum Drawdown | 13.91 | |||
| Value At Risk | -4.19 | |||
| Potential Upside | 2.99 | |||
| Downside Variance | 8.22 | |||
| Semi Variance | 6.52 | |||
| Expected Short fall | -1.55 | |||
| Skewness | -1.41 | |||
| Kurtosis | 5.78 |
SPDR Gold Mini One Year Return
SPDR Gold's One Year Return of 68% compares way above the SPDR State Street Global Advisors family. Relative to the Commodities Focused category, the figure is notably above. The all United States etfs average is notably below SPDR Gold's level.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.March 18, 2026 Daily Trend Indicators
Investors following SPDR Gold Mini often rely on technical indicators to test whether price action is supporting continuation, exhaustion, or a possible change in direction. The practical goal is to improve execution quality rather than to suggest that charts alone can predict every move.
| Accumulation Distribution | 89,960 | ||
| Daily Balance Of Power | -2.58 | ||
| Rate Of Daily Change | 0.97 | ||
| Day Median Price | 96.35 | ||
| Day Typical Price | 96.17 | ||
| Price Action Indicator | -2.11 |
More Resources for SPDR Etf Analysis
A structured review of SPDR Gold Mini often starts with core financial statements and trend context. Financial ratios provide a structured lens for assessing SPDR Gold's profitability and growth trends. Below are reports that help frame SPDR Gold Mini Etf in context:Risk vs Return Analysis provides context for diversified portfolio design. Refined allocation visibility enhances overall portfolio context. The allocation includes a position in SPDR Gold Mini within the portfolio mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in discontinued. SPDR Gold information on this page supports broader research rather than acting as a stand-alone signal. SPDR Gold peer comparison and risk tools below help frame relative strengths and weaknesses. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Investors evaluate SPDR Gold Mini using market value and book value, each describing different facets of the business. Value and price for SPDR Gold are related but not identical, and they can diverge across cycles. Trading price represents the transaction level agreed by market participants.
It is useful to distinguish SPDR Gold's value from its trading price, which are computed with different methods. Analysis often considers earnings, revenue quality, fundamentals, technical signals, competition, and analyst coverage. SPDR Gold's market quotation reflects the latest level where a willing buyer met a willing seller.