Goldman Sachs Large Fund Price on January 2, 2024
| GCGIX Fund | USD 30.39 0.53 1.77% |
Below is the normalized historical share price chart for Goldman Sachs Large extending back to June 04, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Goldman Sachs stands at 30.39, as last reported on the 27th of April, with the highest price reaching 30.39 and the lowest price hitting 30.39 during the day.
If you're considering investing in Goldman Mutual Fund, it is important to understand the factors that can impact its price. We consider Goldman Sachs very steady. Goldman Sachs Large holds Efficiency (Sharpe) Ratio of 0.0339, which attests that the entity had a 0.0339% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Goldman Sachs Large, which you can use to evaluate the volatility of the entity. Please check out Goldman Sachs' Risk Adjusted Performance of 0.039, downside deviation of 1.04, and Market Risk Adjusted Performance of (3.98) to validate if the risk estimate we provide is consistent with the expected return of 0.0354%.
Goldman Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Goldman |
Sharpe Ratio = 0.0339
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| Negative Returns | GCGIX |
Estimated Market Risk
| 1.04 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Goldman Sachs is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Goldman Sachs by adding it to a well-diversified portfolio.
Goldman Sachs Valuation on January 2, 2024
It is possible to determine the worth of Goldman Sachs on a given historical date. On January 2, 2024 Goldman was worth 27.37 at the beginning of the trading date compared to the closed value of 27.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Goldman Sachs mutual fund. Still, in general, we apply an absolute valuation method to find Goldman Sachs' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Goldman Sachs where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Goldman Sachs' related companies.
| Open | High | Low | Close | Volume | |
| 27.87 | 27.87 | 27.87 | 27.87 | 1.00 | |
01/02/2024 | 27.37 | 27.37 | 27.37 | 27.37 | 1.00 |
| 27.16 | 27.16 | 27.16 | 27.16 | 1.00 |
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Goldman Sachs Trading Date Momentum on January 2, 2024
| On January 03 2024 Goldman Sachs Large was traded for 27.16 at the closing time. The highest daily price throughout the period was 27.16 and the lowest price was 27.16 . There was no trading activity during the period 1.0. Lack of trading volume on 01/03/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.77% . The overall trading delta to current closing price is 2.45% . |
Goldman Sachs Large Fundamentals Correlations and Trends
By evaluating Goldman Sachs' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Goldman Sachs' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Goldman financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Goldman Sachs Mutual Fund history
Goldman Sachs investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Goldman is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Goldman Sachs Large will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Goldman Sachs stock prices may prove useful in developing a viable investing in Goldman Sachs
The fund invests at least 80 percent of its net assets plus any borrowings for investment purposes in a broadly diversified portfolio of equity investments in large-cap U.S. issuers, including foreign issuers that are traded in the United States. It may also invest in fixed income securities that are considered to be cash equivalents. The fund is non-diversified.
Goldman Sachs Mutual Fund Technical Analysis
Goldman Sachs technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Goldman Sachs Period Price Range
Low | January 2, 2024
| High |
27.37 | 27.37 |
Goldman Sachs April 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Goldman Sachs mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Goldman Sachs shares will generate the highest return on investment. By undertsting and applying Goldman Sachs mutual fund market strength indicators, traders can identify Goldman Sachs Large entry and exit signals to maximize returns
Goldman Sachs Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Goldman Sachs' price direction in advance. Along with the technical and fundamental analysis of Goldman Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Goldman to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.039 | |||
| Jensen Alpha | 0.0489 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (3.99) |
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs Large. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.