Goldman Sachs Competition

GGXPX Fund

USD 11.56 0.02 0.17%

Goldman Sachs Global competes with Nuveen Minnesota, Oklahoma Municipal, Bbh Intermediate, Ab Impact, and Alliancebernstein; as well as few others. The fund is listed under World Bond-USD Hedged category and is part of Goldman Sachs family. Analyzing Goldman Sachs competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Goldman Sachs to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Goldman Sachs Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Goldman Sachs competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
11.34	11.56	11.78

Details

Intrinsic

Valuation

Low	Real	High
11.11	11.33	12.72

Details

Goldman Sachs Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Goldman Sachs and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Goldman and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Goldman Sachs Global does not affect the price movement of the other competitor.

	IMLXX	FYMNX	OKMUX	BBINX	ABIMX	AFB	PRFHX
IMLXX		-0.01	-0.44	-0.3	-0.27	-0.16	-0.06	IMLXX
FYMNX	-0.01		0.85	0.92	0.95	0.8	0.97	FYMNX
OKMUX	-0.44	0.85		0.96	0.94	0.8	0.86	OKMUX
BBINX	-0.3	0.92	0.96		0.97	0.9	0.94	BBINX
ABIMX	-0.27	0.95	0.94	0.97		0.84	0.95	ABIMX
AFB	-0.16	0.8	0.8	0.9	0.84		0.87	AFB
PRFHX	-0.06	0.97	0.86	0.94	0.95	0.87		PRFHX
	IMLXX	FYMNX	OKMUX	BBINX	ABIMX	AFB	PRFHX

Click cells to compare fundamentals

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High positive correlations

PRFHX	+ 0.97	FYMNX
ABIMX	+ 0.97	BBINX
BBINX	+ 0.96	OKMUX
ABIMX	+ 0.95	FYMNX
PRFHX	+ 0.95	ABIMX
ABIMX	+ 0.94	OKMUX

High negative correlations

OKMUX	- 0.44	IMLXX
BBINX	- 0.3	IMLXX
ABIMX	- 0.27	IMLXX
AFB	- 0.16	IMLXX
PRFHX	- 0.06	IMLXX
FYMNX	- 0.01	IMLXX

Risk-Adjusted Indicators

There is a big difference between Goldman Mutual Fund performing well and Goldman Sachs Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Goldman Sachs' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
IMLXX	0.03	0.01	0.00	(2.41)	0.00	0.00	0.00	0.00	1.01
FYMNX	0.13	0.02	(0.30)	(0.09)	0.17	(0.20)	0.37	(0.28)	1.39
OKMUX	0.15	0.01	(0.23)	0.00	0.23	(0.27)	0.29	(0.47)	1.52
BBINX	0.12	0.01	(0.41)	0.01	0.15	(0.19)	0.29	(0.29)	1.07
ABIMX	0.18	0.02	(0.23)	(0.09)	0.27	(0.24)	0.40	(0.50)	1.73
AFB	0.48	0.02	(0.16)	(0.16)	0.61	(0.51)	1.12	(0.94)	2.88
PRFHX	0.15	0.02	(0.24)	(0.10)	0.21	(0.23)	0.44	(0.44)	1.61

Unable to evaluate fundamental data of [IMLXX, FYMNX, OKMUX, BBINX, ABIMX, AFB, PRFHX] at this time. Please try again later

All Fundamental Data

Goldman Sachs Competitive Analysis

The better you understand Goldman Sachs competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Goldman Sachs' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Goldman Sachs' competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	GGXPX	IMLXX	FYMNX	OKMUX	BBINX	ABIMX	AFB	PRFHX
	0.17 11.56 Goldman	0.00 1.00 Transamerica	0.18 10.88 Nuveen	0.28 10.66 Oklahoma	0.19 10.37 Bbh	0.30 9.99 ABIMX	0.44 11.49 Alliancebernstein	0.18 11.32 PRFHX
Market Volatility (90 Days Market Risk)	Very steady	Not too volatile	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	OK	Modest	Weak	Weak	Insignificant	Weak	Insignificant
Odds of Financial Distress (Probability Of Bankruptcy)	Low	About Average	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Over Valued	Over Valued	Over Valued	Over Valued	Fairly Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Strong Hold	Strong Hold	Strong Hold	Strong Hold	Strong Hold	Strong Hold	Strong Hold
Net Asset	666.67 M	1000 K	397.92 M	55.14 M	739.58 M	86.89 M	N/A	3.44 B
Minimum Initial Investment	N/A	N/A	100 K	N/A	N/A	N/A	N/A	2.5 K
Price To Book	N/A	N/A	N/A	N/A	N/A	N/A	0.72 X	6.68 X
Five Year Return	0.84 %	N/A	1.01 %	(0.26) %	1.41 %	1.94 %	0.09 %	1.71 %
One Year Return	7.58 %	N/A	7.59 %	4.26 %	5.84 %	9.71 %	9.33 %	11.65 %
Last Dividend Paid	0.01	N/A	0.02	N/A	0.01	0.02	0.54	0.03
Price To Earning	N/A	N/A	N/A	N/A	N/A	N/A	36.40 X	7.02 X
Beta	N/A	N/A	N/A	N/A	N/A	N/A	0.32	N/A
Price To Sales	N/A	N/A	N/A	N/A	N/A	N/A	12.45 X	0.94 X
Cash Position Weight	14.10 %	N/A	0.54 %	N/A	0.19 %	1.96 %	N/A	0.19 %
Equity Positions Weight	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.01 %
Three Year Return	(0.66) %	N/A	(0.23) %	(1.91) %	0.66 %	(0.03) %	(2.68) %	(0.26) %
Annual Yield	0.0006 %	N/A	0 %	0 %	0 %	0.0006 %	0.01 %	0.04 %
Year To Date Return	3.17 %	N/A	3.63 %	0.31 %	2.32 %	3.98 %	2.22 %	6.72 %
Bond Positions Weight	40.36 %	N/A	99.46 %	N/A	N/A	98.04 %	N/A	99.68 %
Ten Year Return	3.66 %	N/A	4.59 %	3.41 %	N/A	N/A	N/A	4.72 %
Day Typical Price	11.56	1.0	10.88	10.66	10.37	9.99	11.48	11.32
Accumulation Distribution	N/A	N/A	N/A	N/A	N/A	N/A	251.43	N/A
Daily Balance Of Power	9.2 T	0.0	9.2 T	9.2 T	9.2 T	9.2 T	0.7143	9.2 T
Period Momentum Indicator	0.02	N/A	0.02	0.03	0.02	0.03	0.05	0.02
Rate Of Daily Change	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0
Day Median Price	11.56	1.0	10.88	10.66	10.37	9.99	11.48	11.32
Price Action Indicator	0.01	N/A	0.01	0.015	0.01	0.015	0.04	0.01
Coefficient Of Variation	5167.57	812.4	1208.14	2668.68	2133.2	1446.57	2848.33	1368.96
Mean Deviation	0.1718	0.0301	0.135	0.1523	0.1176	0.1827	0.4843	0.1537
Jensen Alpha	(0.01)	0.0056	0.0196	0.0101	0.0069	0.0242	0.0205	0.0203
Total Risk Alpha	(0.04)	(0.01)	(0.03)	(0.04)	(0.03)	(0.03)	(0.08)	(0.03)
Sortino Ratio	(0.48)	N/A	(0.30)	(0.23)	(0.41)	(0.23)	(0.16)	(0.24)
Downside Variance	0.0638	N/A	0.1233	0.2583	0.0824	0.2168	0.4345	0.2009
Standard Deviation	0.2153	0.1243	0.223	0.2765	0.1918	0.2942	0.6244	0.2633
Kurtosis	(0.01)	66.0	7.89	6.01	5.35	7.16	0.2019	6.96
Potential Upside	0.346	N/A	0.3687	0.2882	0.2918	0.4044	1.12	0.4429
Treynor Ratio	(0.80)	(2.41)	(0.09)	(0)	0.0147	(0.09)	(0.16)	(0.1)
Maximum Drawdown	0.8651	1.01	1.39	1.52	1.07	1.73	2.88	1.61
Variance	0.0463	0.0155	0.0497	0.0764	0.0368	0.0865	0.3898	0.0693
Market Risk Adjusted Performance	(0.79)	(2.40)	(0.08)	0.0057	0.0247	(0.08)	(0.15)	(0.09)
Risk Adjusted Performance	(0.01)	0.0427	0.0391	0.011	0.006	0.0369	0.0246	0.0369
Skewness	(0.27)	8.12	(1.51)	(0.91)	(0.97)	(1.75)	(0.17)	(1.47)
Semi Deviation	0.2098	N/A	0.1652	0.2262	0.1464	0.2699	0.6092	0.2098
Information Ratio	(0.56)	(0.89)	(0.48)	(0.42)	(0.61)	(0.36)	(0.17)	(0.40)
Value At Risk	(0.35)	N/A	(0.28)	(0.47)	(0.29)	(0.50)	(0.94)	(0.44)
Expected Short fall	(0.18)	N/A	(0.20)	(0.27)	(0.19)	(0.24)	(0.51)	(0.23)
Downside Deviation	0.2525	N/A	0.3511	0.5082	0.287	0.4656	0.6592	0.4482
Semi Variance	0.044	N/A	0.0273	0.0512	0.0214	0.0729	0.3711	0.044

Goldman Sachs Competition Performance Charts

Five steps to successful analysis of Goldman Sachs Competition

Goldman Sachs' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Goldman Sachs Global in relation to its competition. Goldman Sachs' competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Goldman Sachs in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Goldman Sachs' competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Goldman Sachs Global, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Goldman Sachs position

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Other Information on Investing in Goldman Mutual Fund

Goldman Sachs financial ratios help investors to determine whether Goldman Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Goldman with respect to the benefits of owning Goldman Sachs security.

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