(GLD) SPDR Gold Shares - Ratings and Ratios
Gold,Bullion,Baskets,Shares
| Risk via 10d forecast | |
|---|---|
| Volatility | 23.0% |
| Value at Risk 5%th | 40.0% |
| Reward | |
|---|---|
| Sharpe Ratio | 2.27 |
| Alpha Jensen | 46.21 |
| Character | |
|---|---|
| Hurst Exponent | 0.491 |
| Beta | 0.460 |
| Drawdowns 3y | |
|---|---|
| Max DD | 11.35% |
| Mean DD | 2.80% |
Description: GLD SPDR Gold Shares September 25, 2025
The SPDR® Gold Shares Trust (NYSE ARCA: GLD) physically holds gold bars and periodically issues “Baskets” of shares in exchange for gold deposits, while also redeeming Baskets by delivering gold to shareholders. Its stated investment objective is for the share price to track the spot price of gold bullion, less the fund’s operating expenses, offering investors a direct, low-cost exposure to the metal.
Key quantitative details (as of Q3 2024) include an expense ratio of 0.40%, total assets under management of roughly $71 billion, and an average daily trading volume exceeding 30 million shares, which together contribute to a tight tracking error of under 0.1% versus the London Fix gold price.
Gold’s price dynamics are driven primarily by real US interest rates (the inverse relationship is a well-documented base rate), global inflation expectations, and central-bank balance-sheet activity-especially purchases by the U.S. Treasury and emerging-market sovereign funds, which have historically added a premium of 1-2% to spot gold returns during periods of heightened monetary easing.
For a deeper, data-rich assessment of GLD’s risk-adjusted performance and how it fits into a diversified commodity allocation, you might explore the analytics available on ValueRay.
GLD ETF Overview
| Market Cap in USD | 133,760m |
| Category | Commodities Focused |
| TER | 0.40% |
| IPO / Inception | 2004-11-18 |
| Return 12m vs S&P 500 | 38.8% |
| Analyst Rating | - |
GLD Dividends
Currently no dividends paidGLD Growth Ratios
| CAGR | 33.07% |
| CAGR/Max DD Calmar Ratio | 2.91 |
| CAGR/Mean DD Pain Ratio | 11.82 |
| Current Volume | 15667k |
| Average Volume | 14812.8k |
What is the price of GLD shares?
Over the past week, the price has changed by +5.31%, over one month by +2.09%, over three months by +25.21% and over the past year by +60.80%.
Is SPDR Gold Shares a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of GLD is around 468.61 USD . This means that GLD is currently undervalued and has a potential upside of +21.4% (Margin of Safety).
Is GLD a buy, sell or hold?
What are the forecasts/targets for the GLD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 518.8 | 34.4% |
GLD Fundamental Data Overview November 09, 2025
Beta = 0.46
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 133.76b USD (133.76b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 133.76b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 133.76b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 7.71% (E(133.76b)/V(133.76b) * Re(7.71%) + (debt-free company))
Discount Rate = 7.71% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for GLD ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle