Goldman Sachs Activebeta Etf Profile
| GEM Etf | USD 30.60 0.10 0.33% |
Performance8 of 100
| Odds Of DistressLess than 9
|
Goldman Sachs is selling at 30.60 as of the 19th of April 2024; that is 0.33 percent increase since the beginning of the trading day. The etf's lowest day price was 30.55. Goldman Sachs has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Goldman Sachs ActiveBeta are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of December 2022 and ending today, the 19th of April 2024. Click here to learn more.
The index is designed to deliver exposure to equity securities of emerging market issuers. GS Activebeta is traded on NYSEARCA Exchange in the United States. The company has 544.08 M outstanding shares. More on Goldman Sachs ActiveBeta
Moving together with Goldman Etf
| 0.99 | VWO | Vanguard FTSE Emerging | PairCorr |
| 1.0 | IEMG | iShares Core MSCI | PairCorr |
| 0.96 | EEM | iShares MSCI Emerging | PairCorr |
| 0.99 | SPEM | SPDR Portfolio Emerging | PairCorr |
| 0.97 | FNDE | Schwab Fundamental | PairCorr |
| 0.99 | ESGE | iShares ESG Aware | PairCorr |
| 0.97 | DGS | WisdomTree Emerging | PairCorr |
Moving against Goldman Etf
| 0.84 | WTID | UBS ETRACS | PairCorr |
Goldman Etf 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.
| Thematic Ideas | (View all Themes) |
| Old Names | [Pele Mountain Resources Inc, GEMINA , GEMINA - Frankfurt Stock Exchang] |
| Business Concentration | SPASX 300, Strategy ETFs, Broad Equity ETFs, Diversified Emerging Mkts, Goldman Sachs (View all Sectors) |
| Issuer | Goldman Sachs |
| Inception Date | 2015-09-25 |
| Benchmark | Goldman Sachs ActiveBeta Emerging Markets Equity Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 904.38 Million |
| Average Trading Valume | 109,019.6 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Emerging Markets |
| Region | Emerging Markets |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | Goldman Sachs Asset Management, L.P. |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Raj Garigipati, Jamie McGregor |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 762 |
| Market Maker | Jane Street |
| Total Expense | 0.51 |
| Management Fee | 0.4 |
| Country Name | USA |
| Returns Y T D | (0.29) |
| Name | Goldman Sachs ActiveBeta Emerging Markets Equity ETF |
| Currency Code | USD |
| Open Figi | BBG00B3QTT18 |
| In Threey Volatility | 16.46 |
| 1y Volatility | 14.71 |
| 200 Day M A | 29.9188 |
| 50 Day M A | 31.0433 |
| Code | GEM |
| Updated At | 19th of April 2024 |
| Currency Name | US Dollar |
Goldman Sachs ActiveBeta [GEM] is traded in USA and was established 2015-09-25. The fund is classified under Diversified Emerging Mkts category within Goldman Sachs family. The entity is thematically classified as Strategy ETFs. Goldman Sachs ActiveBeta currently have 877.69 M in assets under management (AUM). , while the total return for the last 3 years was -6.1%.
Goldman Sachs ActiveBeta has about 29.92 M in cash with 42.01 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.0551.
Check Goldman Sachs Probability Of Bankruptcy
Geographic 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 Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Goldman Etf, 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 ActiveBeta Etf, 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.
Goldman Sachs ActiveBeta Currency Exposure
Goldman Sachs ActiveBeta holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Goldman Sachs will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Goldman Sachs ActiveBeta.
Top Goldman Sachs ActiveBeta Etf Constituents
| 000408 | Zangge Holding Co | Stock | Industrials |
| 000858 | Wuliangye Yibin Co | Stock | Consumer Staples |
| MGLU3 | Magazine Luiza SA | Stock | Consumer Discretionary |
| TOASO | Tofas Turk Otomobil | Stock | Consumer Discretionary |
| 066570 | LG Electronics | Stock | Consumer Discretionary |
| 600000 | Shanghai Pudong Development | Stock | Financials |
| 300999 | Yihai Kerry Arawana | Stock | Consumer Staples |
Goldman Sachs Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of Goldman Sachs jumping above the current price in 90 days from now is about 54.03%. The Goldman Sachs ActiveBeta probability density function shows the probability of Goldman Sachs etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Goldman Sachs has a beta of 0.8454. This usually indicates as returns on the market go up, Goldman Sachs average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Goldman Sachs ActiveBeta will be expected to be much smaller as well. Additionally, goldman Sachs ActiveBeta has an alpha of 0.0114, implying that it can generate a 0.0114 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Goldman Sachs to move above the current price in 90 days from now is about 54.03 (This Goldman Sachs ActiveBeta probability density function shows the probability of Goldman Etf to fall within a particular range of prices over 90 days) .
Goldman Sachs Top Holders
| GTRDX | Goldman Sachs Target | Mutual Fund | Target-Date 2025 |
| GXSIX | Goldman Sachs Satellite | Mutual Fund | World Allocation |
| GXSUX | Goldman Sachs Satellite | Mutual Fund | World Allocation |
| GAXCX | Goldman Sachs Equity | Mutual Fund | World Large-Stock Blend |
| GAPUX | Goldman Sachs Equity | Mutual Fund | World Large-Stock Blend |
| GAPIX | Goldman Sachs Equity | Mutual Fund | World Large-Stock Blend |
| GTIFX | Goldman Sachs Target | Mutual Fund | Target-Date 2025 |
Goldman Sachs ActiveBeta 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.
| Risk Adjusted Performance | 0.0579 | |||
| Jensen Alpha | 0.0114 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0025 |
Goldman Sachs Against Markets
Picking the right benchmark for Goldman Sachs etf 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 etf 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 ActiveBeta 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?
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| All Next | Launch Module |
How to buy Goldman Etf?
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 etf, 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 etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Goldman Sachs ActiveBeta etf 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 ActiveBeta etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Goldman Sachs ActiveBeta, 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 etf 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. For more information on how to buy Goldman Etf please use our How to Invest in Goldman Sachs guide.
Already Invested in Goldman Sachs ActiveBeta?
The danger of trading Goldman Sachs ActiveBeta is mainly related to its market volatility and ETF 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 ActiveBeta 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.
When determining whether Goldman Sachs ActiveBeta offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Goldman Sachs' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Goldman Sachs Activebeta Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Goldman Sachs Activebeta Etf: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs ActiveBeta. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Goldman Sachs ActiveBeta information on this page should be used as a complementary analysis to other Goldman Sachs' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of Goldman Sachs ActiveBeta is measured differently than its book value, which is the value of Goldman that is recorded on the company's balance sheet. Investors also form their own opinion of Goldman Sachs' value that differs from its market value or its book value, called intrinsic value, which is Goldman Sachs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Goldman Sachs' market value can be influenced by many factors that don't directly affect Goldman Sachs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.