Goldman Sachs Group Stock Technical Analysis

GS Stock  USD 415.25  9.07  2.23%   
As of the 28th of March, Goldman Sachs retains the Downside Deviation of 0.999, risk adjusted performance of 0.0778, and Market Risk Adjusted Performance of 0.1314. Goldman Sachs technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Goldman Sachs Group, which can be compared to its competitors. Please check out Goldman Sachs Group downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Goldman Sachs is priced fairly, providing market reflects its last-minute price of 415.25 per share. Given that Goldman Sachs Group has jensen alpha of (0), we strongly advise you to confirm Goldman Sachs Group's regular market performance to make sure the company can sustain itself at a future point.

Goldman Sachs Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Goldman, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Goldman
  
Goldman Sachs' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Goldman Sachs Analyst Consensus

Target PriceAdvice# of Analysts
358.75Buy24Odds
Goldman Sachs Group current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Goldman analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Goldman stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Goldman Sachs Group, talking to its executives and customers, or listening to Goldman conference calls.
Goldman Analyst Advice Details
Goldman Sachs technical stock 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, stock market cycles, or different charting patterns.
A focus of Goldman Sachs technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Goldman Sachs trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Goldman Sachs Group Technical Analysis

Indicator
Time Period
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The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Goldman Sachs Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Goldman Sachs Group Trend Analysis

Use this graph to draw trend lines for Goldman Sachs Group. You can use it to identify possible trend reversals for Goldman Sachs as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Goldman Sachs price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Goldman Sachs Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Goldman Sachs Group applied against its price change over selected period. The best fit line has a slop of   0.36  , which suggests that Goldman Sachs Group will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 5027.2, which is the sum of squared deviations for the predicted Goldman Sachs price change compared to its average price change.

About Goldman Sachs Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Goldman Sachs Group on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Goldman Sachs Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Goldman Sachs Group price pattern first instead of the macroeconomic environment surrounding Goldman Sachs Group. By analyzing Goldman Sachs's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Goldman Sachs's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Goldman Sachs specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Price To Sales Ratio2.262.552.842.85
Price Earnings Ratio6.210.7415.4413.62

Goldman Sachs March 28, 2024 Technical Indicators

Most technical analysis of Goldman help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Goldman from various momentum indicators to cycle indicators. When you analyze Goldman charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Goldman Sachs March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Goldman stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Goldman Sachs Group is a strong investment it is important to analyze Goldman Sachs' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Goldman Sachs' future performance. For an informed investment choice regarding Goldman Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for Goldman Stock 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.
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Is Goldman Sachs' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Goldman Sachs. If investors know Goldman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Goldman Sachs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.649
Dividend Share
10.5
Earnings Share
22.87
Revenue Per Share
132.705
Quarterly Revenue Growth
0.116
The market value of Goldman Sachs Group 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.