|Bid||231.59 x 1000|
|Ask||235.00 x 1400|
|Day's Range||225.00 - 234.35|
|52 Week Range||120.01 - 237.99|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||27.25%|
|Beta (5Y Monthly)||0.39|
|Expense Ratio (net)||0.60%|
Palladium prices and related ETFs have continued to rally and stood out among the precious metals group as growing demand for cleaner vehicles. The Aberdeen Standard Physical PalladiumShares ETF (PALL) gained 8.8% so far in the new year and rose 23.7% over past three months while the palladium spot price now hovers around $2,132 per ounce. The precious metal has benefited from ongoing demand form the car industry for palladium-based catalytic converters on exhaust systems, along with limited supplies out of South Africa and Russia, the Financial Times reports.
Simply put, palladium was the year's best-performing commodity and PALL reflected that bullishness, surging more than 52%. It's possible that PALL can generate more upside in 2020, but asking for anything close to a 2019 sequel is asking a lot. Unlike platinum, the other white metal platinum, which as part of catalytic converters for diesel engines, palladium has benefited from a positive demand outlook that analysts expect to persist as governments around the world aim to meet rising environmental conservation goals.
Here is a look at the 25 best and 25 worst ETFs from the past week. Traders can use this list to find prospective candidates that have deviated too far from their longer-term trends, thereby serving as potential starting points for those looking to take on either short or long positions. Likewise, traders can also use this list to spot potential trend reversal opportunities that may offer a generous risk/reward. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for a free 14-day trial to ETFdb.com Pro.
The Aberdeen Standard Physical PalladiumShares ETF (PALL) traded lower Tuesday, a rare decline for what has been one of this year's hottest commodities ETFs. With palladium residing the unprecedented price point of $2,000 per ounce, some market observers believe more upside could be in the offing. PALL seeks to reflect the performance of the price of physical palladium, less the expenses of the Trust’s operations.
The Aberdeen Standard Physical PalladiumShares ETF (PALL) is easily one of this year's best-performing precious metals ETFs as highlighted by a gain of 54%. Palladium has traded higher for 16 consecutive days and PALL is up 14.56% this month. PALL seeks to reflect the performance of the price of physical palladium, less the expenses of the Trust’s operations.
Weak manufacturing data helped to keep gold prices steady in Monday’s trading session following last week’s Thanksgiving holiday. As U.S. equities were reaching highs in major indexes like the S&P 500 and Nasdaq Composite, gold prices were feeling downward pressure from a renewed risk-on investor sentiment. ISM Manufacturing data released on Monday showed that manufacturing activity lagged in the month of November following a decline in inventories and new orders.
While most were preparing for Thanksgiving dinner on Thursday, palladium investors were feasting off gains as the precious metal reached $1,841. Analysts are already predicting that the precious metal ...
The fate of the 'phase 1' U.S.-China trade deal remains uncertain. In such a situation, we highlight some ETF strategies to ride out the trade volatility.
Gold and platinum usually tussle for the title of the most expensive precious metal, but both are being surpassed this year by palladium. The Aberdeen Standard Physical Palladium Shares ETF (NYSEArca: ...