Goldman Sachs Competition
| GSEW Etf | USD 87.25 0.88 1.00% |
Goldman Sachs vs Invesco DWA Correlation
Very poor diversification
The correlation between Goldman Sachs Equal and PDP is 0.82 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Goldman Sachs Equal and PDP in the same portfolio, assuming nothing else is changed.
Moving together with Goldman Etf
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Goldman Sachs' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
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 Equal does not affect the price movement of the other competitor.
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 Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GLOV | 0.40 | 0.02 | (0.03) | 0.09 | 0.41 | 0.75 | 2.51 | |||
| GSUS | 0.55 | 0.05 | (0.01) | 0.48 | 0.79 | 1.12 | 3.72 | |||
| ICOW | 0.54 | 0.12 | 0.11 | 0.29 | 0.58 | 1.32 | 3.19 | |||
| EPS | 0.53 | 0.02 | 0.00 | 0.08 | 0.64 | 1.17 | 3.37 | |||
| INFL | 0.76 | 0.18 | 0.13 | 0.31 | 0.99 | 1.65 | 4.94 | |||
| EWL | 0.58 | 0.12 | 0.12 | 0.64 | 0.38 | 1.54 | 3.61 | |||
| FDLO | 0.42 | 0.01 | (0.03) | 0.08 | 0.45 | 0.93 | 2.95 | |||
| FEX | 0.64 | 0.02 | 0.02 | 0.09 | 0.74 | 1.25 | 3.04 | |||
| RPV | 0.65 | 0.04 | 0.04 | 0.12 | 0.65 | 1.71 | 3.66 | |||
| PDP | 1.18 | 0.00 | 0.01 | 0.06 | 1.65 | 1.93 | 6.72 |
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 |
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 Equal 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 Equal, 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.
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.Did You Try This Idea?
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Oil And Gas
Companies involved in drilling, production, and distribution of oil and gas pipelines. The Oil And Gas theme has 13 constituents at this time.
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Check out Goldman Sachs Correlation with its peers. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Investors evaluate Goldman Sachs Equal using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Goldman Sachs' intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Investment professionals apply varied valuation frameworks to compute inherent worth and acquire positions when market prices trade at discounts to calculated value. External factors like market trends, sector rotation, and investor psychology can cause Goldman Sachs' market price to deviate significantly 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. Conversely, Goldman Sachs' market price signifies the transaction level at which participants voluntarily complete trades.