On this page of Benford's Law Stocks.com we present our study of VANECK MERK GOLD TRUST — ticker symbol OUNZ. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 3/29/2024 to 6/7/2024 for VANECK MERK GOLD TRUST under CIK number 0001546652. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for OUNZ, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for VANECK MERK GOLD TRUST based on the past OUNZ filings our system processed in the past.
20.7
12.1
15.0
7.1
10.0
14.3
9.3
0.0
11.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing ]
Total numbers found: 140
Recent share count: 42,028,520 (4's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
140
Low count compared to other filers, falling in the bottom quartile. At this number count, it would take about 1 numbers to move any given column by a full percentage point.
1

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 1's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 2's percentage was below the typical coverage universe range.
 • The 3's percentage was higher than the 2's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 3's percentage was above the typical coverage universe range.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted point (includes the impact of penalty multiplier) upon observing the 5's percentage was above the typical coverage universe range.
 • The 6's percentage was higher than the 5's percentage, increasing the penalty multiplier.
 • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 6's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 7's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 8's percentage was below the typical coverage universe range.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • This is the 4th column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was above the typical coverage universe range.
Benford's Law Stocks Indicator
OUNZ
Low score compared to other filers, falling in the bottom quartile.
CHJI
CLRB
EZBC
GBTC
AB
KVSA
SUIC
FXY
Check our work! We provide our VANECK MERK GOLD TRUST Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the OUNZ filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 29 numbers that start with the digit 1. Here they are:
19
19
123,075,073
19.69
19,860,745
19,860,745
100.00
100.00
19
100.00
100.00
100.00
100.00
1,000
100,000
1,306.25
1,224,407
14,797
114,227,672
1,521,919
11,600
143
112,428,811
14,731
100,000
19.69
18.65
19.21
12.44
We found 17 numbers that start with the digit 2. Here they are:
220,572,042
22.14
20,470,187
20,060,387
26,788,189
26,788,189
28,535,208
26,271,809
28,535,230
25
2.46
2.45
22.14
25
25
25
25
We found 21 numbers that start with the digit 3. Here they are:
39,626,030
39,381,222
309,453
3,879,742
394,661
394,661
383,204
383,204
39,626,030
309,453
35,203,259
39,626,030
383,204
309,453
394,661
341,282
3,399,475
36,298,490
383,204
3.00
39626030
4's 5's 6's
We found 10 numbers that start with the digit 4. Here they are:
42,678,520
4
40,835,640
409,800
409,800
409,800
409,800
40,835,640
40
40835640
We found 14 numbers that start with the digit 5. Here they are:
5,906,605
5,906,609
5,906,615
516,393
516,393
516,393
516,393
50,000
500
571,416,810
5,944,690
56,653
57
56
We found 20 numbers that start with the digit 6. Here they are:
685,441,413
659,416,378
6
683,588,010
657,109,274
62,679
609,442
656,592,798
62,679
609,442
685,441,413
685,441,413
659,416,378
659,416,378
6
657,109,274
683,588,010
657,109,274
62,679
656,592,807
7's 8's 9's
We found 13 numbers that start with the digit 7. Here they are:
780,184,353
786,090,962
780,184,347
780,184,347
780,184,347
712,154,665
780,184,353
780,184,353
780,184,347
780,184,353
780,184,353
780,184,353
780,184,353
We found 1 numbers that start with the digit 8. Here they are:
We found 16 numbers that start with the digit 9. Here they are:
904,160,071
904,160,071
904,160,052
904,160,052
97,950,683
98,013,362
97,496,969
97,950,683
904,160,052
904,160,071
904,160,071
904,160,052
904,160,071
904,160,071
97,950,683
904,160,071
While the above OUNZ 10Q Filed 6/7/2024 is interesting in isolation, we have found that it is also useful to take a look at older VANECK MERK GOLD TRUST filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 6/7/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical OUNZ 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

20.7
12.1
15.0
7.1
10.0
14.3
9.3
0.0
11.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 1
XBRL?   [ original filing ]
Total numbers found: 140

= Typical OUNZ range from 3/29/2024 to 6/7/2024
34.0
8.6
19.8
3.0
10.7
11.7
7.6
0.5
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 39
XBRL?   [ original filing ]
Total numbers found: 197

= Typical OUNZ range from 3/29/2024 to 6/7/2024
 

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