Goldman Sachs Large Fund Quote

GCGIX Fund  USD 31.30  0.09  0.29%   

Performance

15 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 35

 
100  
 
Zero
Below Average
Goldman Sachs is trading at 31.30 as of the 28th of March 2024; that is 0.29 percent up since the beginning of the trading day. The fund's open price was 31.21. Goldman Sachs has about a 35 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Goldman Sachs Large are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2023 and ending today, the 28th of March 2024. Click here to learn more.
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. More on Goldman Sachs Large

Moving together with Goldman Mutual Fund

  0.99GCGAX Goldman Sachs CentratedPairCorr

Moving against Goldman Mutual Fund

  0.92GCEBX Goldman Sachs CleanPairCorr
  0.89GCEDX Goldman Sachs CleanPairCorr
  0.89GCEEX Goldman Sachs CleanPairCorr
  0.89GCEGX Goldman Sachs CleanPairCorr
  0.89GCEJX Goldman Sachs CleanPairCorr
  0.89GCEPX Goldman Sachs CleanPairCorr
  0.56GCFCX Goldman Sachs EPairCorr

Goldman Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Goldman Sachs' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Goldman Sachs or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationGoldman Sachs Funds, Large Growth Funds, Large Growth, Goldman Sachs (View all Sectors)
Update Date31st of March 2024
Goldman Sachs Large [GCGIX] is traded in USA and was established 28th of March 2024. Goldman Sachs is listed under Goldman Sachs category by Fama And French industry classification. The fund is listed under Large Growth category and is part of Goldman Sachs family. This fund currently has accumulated 2.32 B in assets under management (AUM) with no minimum investment requirementsGoldman Sachs Large is currently producing year-to-date (YTD) return of 13.11% with the current yeild of 0.0%, while the total return for the last 3 years was 11.43%.
Check Goldman Sachs Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Goldman Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Goldman Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Goldman Sachs Large Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Goldman Sachs Large Mutual Fund Constituents

MSFTMicrosoftStockInformation Technology
AMTAmerican Tower CorpStockReal Estate
VVisa Class AStockFinancials
UNHUnitedHealth Group IncorporatedStockHealth Care
CVSCVS Health CorpStockHealth Care
UNPUnion PacificStockIndustrials
ABBVAbbVie IncStockHealth Care
More Details

Goldman Sachs Target Price Odds Analysis

Based on a normal probability distribution, the odds of Goldman Sachs jumping above the current price in 90 days from now is about 8.12%. The Goldman Sachs Large probability density function shows the probability of Goldman Sachs mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.0323. This usually indicates Goldman Sachs Large market returns are sensitive to returns on the market. As the market goes up or down, Goldman Sachs is expected to follow. Additionally, goldman Sachs Large has an alpha of 0.0474, implying that it can generate a 0.0474 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 31.3HorizonTargetOdds Above 31.3
91.77%90 days
 31.30 
8.12%
Based on a normal probability distribution, the odds of Goldman Sachs to move above the current price in 90 days from now is about 8.12 (This Goldman Sachs Large probability density function shows the probability of Goldman Mutual Fund to fall within a particular range of prices over 90 days) .

Goldman Sachs Top Holders

GGSTXGoldman Sachs GrowthMutual FundWorld Allocation
GPITXGoldman Sachs GrowthMutual FundTactical Allocation
GPIRXGoldman Sachs GrowthMutual FundTactical Allocation
GOIUXGoldman Sachs GrowthMutual FundTactical Allocation
GOIIXGoldman Sachs GrowthMutual FundTactical Allocation
GOICXGoldman Sachs GrowthMutual FundTactical Allocation
GOIAXGoldman Sachs GrowthMutual FundTactical Allocation
More Details

Goldman Sachs Large Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Goldman Sachs market risk premium is the additional return an investor will receive from holding Goldman Sachs long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Goldman Sachs. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Goldman Sachs' alpha and beta are two of the key measurements used to evaluate Goldman Sachs' performance over the market, the standard measures of volatility play an important role as well.

Goldman Sachs Against Markets

Picking the right benchmark for Goldman Sachs mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Goldman Sachs mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Goldman Sachs is critical whether you are bullish or bearish towards Goldman Sachs Large at a given time. Please also check how Goldman Sachs' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Goldman Sachs without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Idea Analyzer Now

   

Idea Analyzer

Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
All  Next Launch Module

How to buy Goldman Mutual Fund?

Before investing in Goldman Sachs, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Goldman Sachs. To buy Goldman Sachs fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Goldman Sachs. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Goldman Sachs fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Goldman Sachs Large fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Goldman Sachs Large fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Goldman Sachs Large, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Goldman Sachs Large?

The danger of trading Goldman Sachs Large is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Goldman Sachs is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Goldman Sachs. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Goldman Sachs Large is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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.

Complementary Tools for Goldman Mutual Fund analysis

When running Goldman Sachs' price analysis, check to measure Goldman Sachs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Goldman Sachs is operating at the current time. Most of Goldman Sachs' value examination focuses on studying past and present price action to predict the probability of Goldman Sachs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goldman Sachs' price. Additionally, you may evaluate how the addition of Goldman Sachs to your portfolios can decrease your overall portfolio volatility.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Please note, there is a significant difference between Goldman Sachs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Goldman Sachs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goldman Sachs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.