Goldman Sachs Future Etf Performance
| GREI Etf | USD 33.40 0.39 1.18% |
The etf retains a Market Volatility (i.e., Beta) of 1.04, which attests to a somewhat significant risk relative to the market. Goldman Sachs returns are very sensitive to returns on the market. As the market goes up or down, Goldman Sachs is expected to follow.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Goldman Sachs Future are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite fairly strong technical and fundamental indicators, Goldman Sachs is not utilizing all of its potentials. The current stock price confusion, may contribute to short-horizon losses for the traders. ...more
1 | Investment Analysis - Stock Traders Daily.com | 02/27/2024 |
2 | Disposition of tradable shares by Americatowne Inc. of Goldman Sachs subject to Rule 16b-3 | 05/03/2024 |
Goldman |
Goldman Sachs Relative Risk vs. Return Landscape
If you would invest 3,246 in Goldman Sachs Future on February 10, 2024 and sell it today you would earn a total of 94.00 from holding Goldman Sachs Future or generate 2.9% return on investment over 90 days. Goldman Sachs Future is currently generating 0.0495% in daily expected returns and assumes 0.8397% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than Goldman, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Goldman Sachs Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Goldman Sachs' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Goldman Sachs Future, and traders can use it to determine the average amount a Goldman Sachs' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.059
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| Negative Returns | GREI |
Estimated Market Risk
| 0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Goldman Sachs is performing at about 4% 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 Fundamentals Growth
Goldman Etf prices reflect investors' perceptions of the future prospects and financial health of Goldman Sachs, and Goldman Sachs fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Goldman Etf performance.
| Return On Equity | 0.1 | |||
| Profit Margin | 14.26 % | |||
| Operating Margin | 30.53 % | |||
| Current Valuation | 1.14 B | |||
| Shares Outstanding | 126.74 M | |||
| Price To Earning | 750.00 X | |||
| Price To Book | 296.00 X | |||
| Price To Sales | 101.39 X | |||
| Revenue | 500 K | |||
| EBITDA | 222.71 K | |||
| Cash And Equivalents | 85.81 K | |||
| Total Debt | 3 K | |||
| Debt To Equity | 0.01 % | |||
| Cash Flow From Operations | (50.15 K) | |||
| Total Asset | 19.91 M | |||
About Goldman Sachs Performance
To evaluate Goldman Sachs Future Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Goldman Sachs generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Goldman Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Goldman Sachs Future market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Goldman's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund invests, under normal circumstances, at least 80 percent of its net assets plus any borrowings for investment purposes in equity investments in U.S. and non-U.S. real estate and infrastructure companies. Goldman Sachs is traded on NYSEARCA Exchange in the United States.| Goldman Sachs Future currently holds about 85.81 K in cash with (50.15 K) of positive cash flow from operations. | |
| Latest headline from MacroaxisInsider: Disposition of tradable shares by Americatowne Inc. of Goldman Sachs subject to Rule 16b-3 | |
| The fund retains all of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs Future. 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 Future 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 File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of Goldman Sachs Future 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.