Goldman Sachs Etf Profile
GCAL Etf | 50.72 0.08 0.16% |
Performance5 of 100
| Odds Of DistressLess than 9
|
Goldman Sachs is selling for 50.72 as of the 27th of November 2024. This is a 0.16 percent down since the beginning of the trading day. The etf's lowest day price was 50.72. Goldman Sachs has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Goldman Sachs ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 27th of November 2024. Click here to learn more.
Goldman Sachs is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on Goldman Sachs ETF
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Goldman Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Investment Grade ETFs, Municipals ETFs, Muni California Intermediate (View all Sectors) |
Issuer | Goldman Sachs |
Inception Date | 2024-07-23 |
Entity Type | Regulated Investment Company |
Asset Under Management | 6.33 Million |
Asset Type | Fixed Income |
Category | Municipals |
Focus | Investment Grade |
Market Concentration | Developed Markets |
Region | North America |
Administrator | The Bank of New York Mellon Corporation |
Advisor | Goldman Sachs Asset Management, L.P. |
Custodian | The Bank of New York Mellon Corporation |
Distributor | ALPS Distributors, Inc. |
Portfolio Manager | Sylvia Yeh, Scott Diamond, Joseph Wenzel, David Westbrook, Todd Henry |
Transfer Agent | The Bank of New York Mellon Corporation |
Fiscal Year End | 31-Aug |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 61.0 |
Market Maker | Flow Traders |
Total Expense | 0.35 |
Management Fee | 0.35 |
Country Name | USA |
Code | GCAL |
Updated At | 27th of November 2024 |
Name | Goldman Sachs ETF Trust |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01NYFN6N3 |
Type | ETF |
Goldman Sachs ETF [GCAL] is traded in USA and was established null. The fund is listed under Muni California Intermediate. The entity is thematically classified as Investment Grade ETFs. Goldman Sachs ETF currently have in assets under management (AUM).
Check Goldman Sachs Probability Of Bankruptcy
Goldman Sachs ETF Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Goldman Sachs. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.0223 | |||
Jensen Alpha | 0.0148 | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.47) |
Goldman Sachs Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of Goldman Sachs ETF 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.