Goldman Sachs Competition

Etfs . USA . 
Etf . Goldman Sachs ActiveBeta
GLOV Etf  USD 51.85  0.27  0.52%   
Goldman Sachs ActiveBeta competes with WisdomTree Interest, First Trust, VictoryShares International, Thrivent High, and Morningstar Unconstrained; as well as few others. 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.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
51.2951.8752.45
Details
Intrinsic
Valuation
LowRealHigh
50.9351.5152.09
Details
Naive
Forecast
LowNextHigh
51.6452.2252.79
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
50.0851.1752.25
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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 etfs. 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 ActiveBeta does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
CIL
+ 0.94
FDTS
RRTLX
+ 0.86
MSTSX
RRTLX
+ 0.75
LBHIX
LBHIX
+ 0.72
AGZD
SCAXF
+ 0.68
CIL
MSTSX
+ 0.68
LBHIX
  
High negative correlations   
VIASP
- 0.82
SCAXF
VIASP
- 0.74
CIL
VIASP
- 0.62
FDTS
SCAXF
- 0.61
AGZD
CIL
- 0.52
AGZD
FDTS
- 0.44
AGZD

Goldman Sachs Constituents Risk-Adjusted Indicators

There is a big difference between Goldman Etf performing well and Goldman Sachs ETF 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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
AGZD  0.22  0.01 (0.43) 0.27  0.15 
(0.31)
 0.55 
(0.50)
 1.22 
FDTS  0.79 (0.10) 0.00 (0.07) 0.00 
 0.00 
 1.91 
(2.06)
 5.17 
CIL  0.59 (0.08) 0.00 (0.10) 0.00 
 0.00 
 1.26 
(1.46)
 3.41 
AQUI  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
LBHIX  0.12  0.02 (0.44) 1.66  0.00 
(0.28)
 0.24 
(0.24)
 0.96 
MSTSX  0.49  0.04 (0.14)(0.75) 0.52 
(0.61)
 1.21 
(1.02)
 2.80 
ABHYX  0.18  0.01 (0.25) 0.25  0.25 
(0.24)
 0.34 
(0.33)
 1.91 
SCAXF  0.70 (0.41) 0.00 (0.97) 0.00 
 0.00 
 0.00 
 0.00 
 23.47 
VIASP  0.75  0.08 (0.04)(1.44) 1.13 
(0.82)
 2.28 
(1.20)
 7.18 
RRTLX  0.23  0.01 (0.33) 0.38  0.25 
(0.25)
 0.48 
(0.56)
 1.36 
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
GLOV AGZD FDTS CIL AQUI LBHIX MSTSX ABHYX SCAXF VIASP
 0.52 
 51.85 
Goldman
 0.18 
 22.44 
WisdomTree
 1.27 
 41.48 
First
 1.00 
 43.50 
VictoryShares
 0.00 
 0.01 
Aquagold
 0.24 
 4.26 
Thrivent
 0.25 
 11.90 
Morningstar
 0.22 
 9.01 
High-yield
 0.00 
 0.01 
Sparta
 0.50 
 22.11 
Via
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Out of control
Very steady
Market Performance
(90 Days Performance)
OK
OK
Very Weak
Very Weak
Very Weak
Good
OK
Modest
Very Weak
Modest
Odds of Financial Distress
(Probability Of Bankruptcy)
Below Average
Low
Low
Low
Average
Low
Low
Low
Low
Above Average
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Over Valued
Fairly 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
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Hold
Cautious Hold
Hold
Hold
Strong Sell
Strong Sell
Cautious Hold
Cautious Hold
Strong Sell
Strong Sell
Current Ratio
1.04
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.62
3.49
Net Asset
515.79 M
345.98 M
6.49 M
76.16 M
3.19 K
674.44 M
116.1 M
672.37 M
3.06 M
355.28 M
Profit Margin
-14.52
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-0.1
0.0094
EBITDA
N/A
N/A
N/A
N/A
(727.69 K)
N/A
N/A
N/A
(21.53 K)
33.09 M
Price To Book
0.07
N/A
1.11
1.73
N/A
1.58
N/A
N/A
34.42
N/A
Current Valuation
N/A
N/A
N/A
N/A
912.76 K
N/A
N/A
N/A
5.73 M
535.95 M
Operating Margin
-12.92
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-0.15
-0.14
Five Year Return
N/A
3.1
4.9
5.0
N/A
3.46
8.6
1.69
N/A
8.97
Retained Earnings
(15.34 M)
N/A
N/A
N/A
(4.18 M)
N/A
N/A
N/A
N/A
N/A
One Year Return
24.9
7.0
7.3
13.2
N/A
11.94
19.87
11.13
N/A
N/A
Beta
N/A
0.13
1.1
0.99
7.05
N/A
N/A
N/A
1.75
1.16
Equity Positions Weight
100.0
N/A
98.6
99.87
N/A
0.07
61.63
N/A
N/A
N/A
Number Of Employees
6
278
201
9
7
1
1
1
8
169
Cash Position Weight
N/A
N/A
N/A
N/A
N/A
6.56
14.28
0.1
N/A
N/A
Shares Outstanding
1.25 M
N/A
N/A
N/A
965.83 K
N/A
N/A
N/A
233.95 M
N/A
Three Year Return
N/A
4.8
-0.1
3.0
N/A
3.06
7.0
-0.63
N/A
N/A
Cash Flow From Operations
(1.81 M)
N/A
N/A
N/A
(218.19 K)
N/A
N/A
N/A
210.37 K
12.7 M
Annual Yield
N/A
N/A
N/A
N/A
N/A
0.0617
0.021
0.0041
N/A
0.0972
Total Debt
3 M
N/A
N/A
N/A
N/A
N/A
N/A
N/A
125 K
135 M
Return On Equity
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.017
Bond Positions Weight
N/A
5.86
N/A
N/A
N/A
92.23
22.72
2.0
N/A
N/A
Z Score
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
37.6
1.0
Holdings Turnover
N/A
N/A
N/A
N/A
N/A
N/A
269.0
N/A
N/A
N/A
Return On Asset
-25.07
N/A
N/A
N/A
-5.5
N/A
N/A
N/A
-0.21
-0.11
Book Value Per Share
N/A
N/A
N/A
N/A
-1.18
N/A
N/A
N/A
-0.002
3.66
Number Of Shares Shorted
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
4.29 K
Minimum Initial Investment
N/A
N/A
N/A
N/A
N/A
2 K
N/A
N/A
N/A
N/A
Current Liabilities
6.5 M
N/A
N/A
N/A
794 K
N/A
N/A
N/A
N/A
N/A
Total Asset
515.79 M
345.98 M
6.49 M
76.16 M
3.19 K
347.66 M
215.11 M
243.16 M
3.06 M
355.28 M
Last Dividend Paid
N/A
0.083
0.0941
0.18
N/A
0.02
N/A
0.03
N/A
0.73
Debt To Equity
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
101.0
0.69
Short Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.7
Market Capitalization
125
N/A
N/A
N/A
96.58 K
N/A
50.36 M
N/A
7.72 M
N/A
Price To Earning
N/A
N/A
11.14
16.16
-0.22
35.48
N/A
N/A
19.55
26.83
Price To Sales
N/A
N/A
0.55
1.13
N/A
1.23
N/A
N/A
0.63
N/A
Net Income
(6.49 M)
N/A
N/A
N/A
(627.79 K)
N/A
N/A
N/A
(609.44 K)
5.2 M
Earnings Per Share
-5.19
N/A
N/A
0.76
-0.63
N/A
N/A
N/A
-0.003
1.17
Shares Owned By Insiders
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
9.51
N/A
Year To Date Return
N/A
N/A
N/A
N/A
N/A
7.32
13.69
6.09
N/A
N/A
Revenue
23.44 M
N/A
N/A
N/A
N/A
N/A
N/A
N/A
5.19 M
393.49 M
Ten Year Return
N/A
2.3
4.6
N/A
N/A
6.0
N/A
4.84
N/A
N/A
Working Capital
263 K
N/A
N/A
N/A
(794 K)
N/A
N/A
N/A
N/A
N/A
Cash And Equivalents
9.44 K
N/A
N/A
N/A
1.15 K
N/A
N/A
N/A
909.32 K
51.31 M
Cash Per Share
0.01
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
3.23
Gross Profit
4.93 M
N/A
N/A
N/A
(143.88 K)
N/A
N/A
N/A
3.68 M
74.67 M
Day Typical Price
51.76
22.42
41.48
43.48
0.006
4.26
11.9
9.01
0.015
22.12
Accumulation Distribution
0.006
0.0036
N/A
0.0014
N/A
N/A
N/A
N/A
N/A
29.03
Market Facilitation Index
0.31
0.08
N/A
0.06
N/A
N/A
N/A
N/A
N/A
0.0
Daily Balance Of Power
0.871
0.5
9.2 T
7.166667
0.0
9.2 T
9.2 T
9.2 T
0.0
(0.73)
Period Momentum Indicator
0.27
0.04
0.52
0.43
N/A
0.01
0.03
0.02
N/A
(0.11)
Rate Of Daily Change
1.01
1.0
1.01
1.01
1.0
1.0
1.0
1.0
1.0
1.0
Day Median Price
51.72
22.41
41.48
43.47
0.006
4.26
11.9
9.01
0.015
22.13
Price Action Indicator
0.27
0.05
0.26
0.25
N/A
0.005
0.015
0.01
N/A
(0.07)
Relative Strength Index
63.95
66.82
44.48
44.88
N/A
79.03
56.05
52.75
N/A
63.94
Coefficient Of Variation
1016.81
932.75
(4,290)
(2,969)
N/A
601.89
1345.37
1293.42
(812.40)
1351.4
Mean Deviation
0.4737
0.2235
0.7934
0.587
N/A
0.116
0.4933
0.1753
0.7004
0.7534
Jensen Alpha
(0.02)
0.0109
(0.1)
(0.08)
N/A
0.0174
0.0436
0.006
(0.41)
0.083
Total Risk Alpha
(0.05)
(0.03)
(0.22)
(0.16)
N/A
(0.01)
(0.07)
(0.04)
(0.85)
(0.12)
Sortino Ratio
(0.14)
(0.43)
N/A
N/A
N/A
(0.44)
(0.14)
(0.25)
N/A
(0.04)
Downside Variance
0.335
0.0625
N/A
N/A
N/A
0.0617
0.4195
0.2181
N/A
1.66
Standard Deviation
0.5896
0.2836
1.1
0.7647
N/A
0.1738
0.6354
0.2902
2.89
1.17
Kurtosis
(0.17)
0.0487
0.7145
0.191
N/A
3.08
(0.04)
8.29
66.0
5.25
Potential Upside
0.8858
0.546
1.91
1.26
N/A
0.2375
1.21
0.3382
N/A
2.28
Treynor Ratio
0.0848
0.2746
(0.07)
(0.1)
N/A
1.66
(0.75)
0.2468
(0.97)
(1.44)
Maximum Drawdown
2.62
1.22
5.17
3.41
N/A
0.9552
2.8
1.91
23.47
7.18
Variance
0.3476
0.0804
1.2
0.5847
N/A
0.0302
0.4037
0.0842
8.35
1.36
Market Risk Adjusted Performance
0.0948
0.2846
(0.06)
(0.09)
N/A
1.67
(0.74)
0.2568
(0.96)
(1.43)
Risk Adjusted Performance
0.0722
0.065
(0.01)
(0.03)
N/A
0.093
0.0548
0.0428
(0.09)
0.06
Skewness
0.1361
0.0324
(0.12)
0.0663
N/A
1.04
0.0729
(1.72)
(8.12)
(0.87)
Semi Deviation
0.4831
0.1473
N/A
N/A
N/A
0.0
0.5159
0.2511
N/A
1.13
Information Ratio
(0.14)
(0.38)
(0.15)
(0.21)
N/A
(0.63)
(0.14)
(0.40)
(0.17)
(0.04)
Value At Risk
(0.89)
(0.50)
(2.06)
(1.46)
N/A
(0.24)
(1.02)
(0.33)
N/A
(1.20)
Expected Short fall
(0.52)
(0.31)
N/A
N/A
N/A
(0.28)
(0.61)
(0.24)
N/A
(0.82)
Downside Deviation
0.5788
0.25
N/A
N/A
N/A
0.2483
0.6477
0.467
N/A
1.29
Semi Variance
0.2333
0.0217
N/A
N/A
N/A
(0.02)
0.2661
0.0631
N/A
1.27

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 ActiveBeta 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 ActiveBeta, 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

In addition to having Goldman Sachs in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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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:
How To Invest In Goldman
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Check out Goldman Sachs Correlation with its peers.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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