SPDR Gold MiniShares
$86.59
-18.9%
Sep 19, 2026
C
MarginalGraded against GLDM's own history at this drawdown — not the market's.
What it means: GLDM's own history does not strongly favor buying at this level yet.
What to do: Consider watching and waiting for a deeper dip or a higher grade.
The Shares are designed for investors who want a cost-effective and convenient way to invest in gold. Advantages of investing in the Shares include ease and flexibility of investment and expenses.
Three plain-English paragraphs — current state, historical base rate, and interpretation — so you walk away with context, not a dashboard.
In plain terms: GLDM is 18.9% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.
Right now GLDM — SPDR Gold MiniShares Trust — is in a moderate correction, down 18.9% from its record high. Last price: $86.59. Corrections in this band are common during macro repricings (rate scares, sector rotations, earnings shocks). The question is whether the cause is durable or transient.
Across all available history, GLDM has spent enough trading days in the 20%-to-15% drawdown band to build a meaningful sample (144 observations). Dipsern segments these by drawdown depth and computes the rolling median forward 90-day return — that median is the primary signal you see in the full app, and it's substantially more robust than mean-based forecasts because it ignores fat-tail outliers in both directions.
ETFs aggregate constituent behavior, so their drawdowns tend to be shallower but more persistent than single stocks. The median forward return at a given drawdown level for an ETF is usually a more stable signal than for an individual equity. This is the band where most successful "buy the dip" strategies have historically operated. The median forward return here for GLDM is in the full app, alongside the segment-level win rate.
Five tickers closest to GLDM's distance from all-time high. Same category, one tap away.
Dipsern segments the full drawdown range into 20 equal-width bands. The table shows the number of confirmed historical observations in each band for GLDM. Median forward returns, win rates, and prediction errors are available in the full analysis.
We segment 40+ years of GLDM's price history into 20 equal-width drawdown bands and compute forward median returns, win rates, and prediction error per band. No look-ahead bias. Pure NumPy. Open math, gated numbers.
Years of history
40+
Drawdown bands
20
Look-ahead bias
None
Data sources
4
See the Dipsern grade, median returns, win rates, prediction accuracy, 8 interactive charts, historical price paths, and a plain-English verdict for GLDM.
Dipsern is research and a second opinion — not a broker. You'd buy GLDM at your own broker.
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Signal computed Sep 19, 2026 using default parameters (90-day return period, 20 segments, 0.95 decay). Data sourced from Yahoo Finance, Binance, CoinGecko, and Steam Market.