(OUNZ) VanEck Merk Gold Trust - Ratings and Ratios
Gold, Shares, ETF, Ounz, Fund
Description: OUNZ VanEck Merk Gold Trust
The VanEck Merk Gold Trust (OUNZ) is a commodities-focused ETF listed on the NYSE ARCA, originating from the USA. As a gold trust, its performance is closely tied to the price of gold, making it a popular investment vehicle for those seeking exposure to the precious metal.
Key support and resistance levels for OUNZ have been identified, with resistance at $32.5 and multiple support levels between $31.7 and $27.7. These levels are crucial in understanding the ETFs price dynamics and potential trading opportunities.
From a fundamental perspective, OUNZ has a substantial Assets Under Management (AUM) of $1.777 billion USD, indicating a significant investor base and liquidity. The ETFs performance is likely influenced by key economic drivers such as gold prices, inflation expectations, and currency fluctuations, particularly the US dollar.
To evaluate OUNZs performance, relevant KPIs could include its tracking error relative to gold prices, expense ratio, and trading volume. A low tracking error and expense ratio would indicate efficient management, while high trading volume suggests liquidity and ease of entry and exit.
Investors in OUNZ are likely influenced by macroeconomic factors such as central bank policies, geopolitical tensions, and global economic trends. As a gold-backed ETF, OUNZ can serve as a hedge against inflation, currency devaluation, or market volatility, making it an attractive option for risk-averse investors or those seeking diversification.
OUNZ ETF Overview
| Market Cap in USD | 2,003m |
| Category | Commodities Focused |
| TER | 0.25% |
| IPO / Inception | 2014-05-16 |
OUNZ ETF Ratings
| Growth Rating | 93.2% |
| Fundamental | - |
| Dividend Rating | - |
| Return 12m vs S&P 500 | 19.0% |
| Analyst Rating | - |
OUNZ Dividends
Currently no dividends paidOUNZ Growth Ratios
| Growth Correlation 3m | 49.6% |
| Growth Correlation 12m | 92.6% |
| Growth Correlation 5y | 81.6% |
| CAGR 5y | 29.59% |
| CAGR/Max DD 3y | 2.63 |
| CAGR/Mean DD 3y | 12.39 |
| Sharpe Ratio 12m | 2.30 |
| Alpha | 24.34 |
| Beta | 0.925 |
| Volatility | 15.68% |
| Current Volume | 366.6k |
| Average Volume 20d | 589.6k |
| Stop Loss | 34 (-3.1%) |
| Signal | 0.02 |
What is the price of OUNZ shares?
Over the past week, the price has changed by +0.20%, over one month by +9.14%, over three months by +7.57% and over the past year by +40.75%.
Is VanEck Merk Gold Trust a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of OUNZ is around 39.58 USD . This means that OUNZ is currently undervalued and has a potential upside of +12.8% (Margin of Safety).
Is OUNZ a buy, sell or hold?
What are the forecasts/targets for the OUNZ price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 44.5 | 26.8% |
Last update: 2025-09-15 04:42
OUNZ Fundamental Data Overview
CCE Cash And Equivalents = unknown
Revenue TTM is 0, using Net Income TTM 0.0 + Cost of Revenue 0.0 = 0.0 USD
Beta = 0.41
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 = 2.00b USD (2.00b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = none (FCF TTM 0.0 / Enterprise Value 2.00b)
FCF Margin = unknown (Revenue TTM is 0)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 2.00b / Book Value Of Equity 0.0)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default)
NOPAT = 0.0 (EBIT 0.0, no tax applied on loss)
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 = none (Debt none / FCF TTM 0.0)
Total Stockholder Equity = unknown
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity none)
RoCE = unknown (Ebit 0.0 / (Equity none + L.T.Debt none))
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, Ebit 0.0)
WACC = unknown (E(2.00b)/V(0.0) * Re(9.42%)) + (D(none)/V(0.0) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 9.42% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for OUNZ ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle