Goldman Sachs Sp Etf Market Outlook
| GPIX Etf | 52.93 0.02 0.04% |
Slightly above 56% of Goldman Sachs' investor base is looking to short. The current sentiment regarding investing in Goldman Sachs SP etf implies that many traders are alarmed. Goldman Sachs' investing sentiment can be driven by a variety of factors including economic data, Goldman Sachs' earnings reports, geopolitical events, and overall market trends.
Comfort Level 44
Impartial
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Goldman Sachs' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Goldman Sachs SP.
News SentimentNeutral | Hype SentimentBearish | Insider SentimentWaiting |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Goldman Sachs SP is 'Strong Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Goldman Sachs SP given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Goldman Sachs SP, the advice is generated through an automated system that utilizes algorithms and statistical models.
Execute Goldman Sachs Advice
The Goldman recommendation should be used to complement the investment advice compiled from the current analysts' consensus on Goldman Sachs SP. Macroaxis does not own or have any residual interests in Goldman Sachs SP or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Goldman Sachs' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Fair | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
For the selected time horizon Goldman Sachs SP has a Risk Adjusted Performance of 0.0787, Jensen Alpha of 9.0E-4, Total Risk Alpha of (0.02), Sortino Ratio of (0.06) and Treynor Ratio of 0.095Our investment recommendation module provides unbiased trade recommendations that can be used to complement current average analyst sentiment on Goldman Sachs SP. Our investment recommendation engine provides an advice for the etf potential to grow from the perspective of an investor's risk tolerance and investing horizon. Be advised to check out Goldman Sachs one year return to validate our buy or sell recommendation.
Goldman Sachs thematic classifications
 | Buywrite ETFsUSA ETFs from Buywrite clasification | |
| Strategy ETFsUSA ETFs from Strategy clasification |
Goldman Sachs Returns Distribution Density
The distribution of Goldman Sachs' historical returns is an attempt to chart the uncertainty of Goldman Sachs' future price movements. The chart of the probability distribution of Goldman Sachs daily returns describes the distribution of returns around its average expected value. We use Goldman Sachs SP price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Goldman Sachs returns is essential to provide solid investment analysis for Goldman Sachs.
| Mean Return | 0.06 | Value At Risk | -0.89 | Potential Upside | 0.97 | Standard Deviation | 0.61 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Goldman Sachs historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Goldman Sachs Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Goldman Sachs or Derivative Income sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Goldman Sachs' price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Goldman etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.0009 | |
β | Beta against Dow Jones | 0.56 | |
σ | Overall volatility | 0.61 | |
Ir | Information ratio | -0.07 |
Goldman Sachs Volatility Alert
Goldman Sachs SP exhibits relatively low volatility with skewness of -0.27 and kurtosis of 1.33. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Goldman Sachs' etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Goldman Sachs' etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Goldman Sachs Fundamentals Vs Peers
Comparing Goldman Sachs' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Goldman Sachs' direct or indirect competition across all of the common fundamentals between Goldman Sachs and the related equities. This way, we can detect undervalued stocks with similar characteristics as Goldman Sachs or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Goldman Sachs' fundamental indicators could also be used in its relative valuation, which is a method of valuing Goldman Sachs by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Goldman Sachs to competition |
| Fundamentals | Goldman Sachs | Peer Average |
| One Year Return | 15.60 % | (0.97) % |
Goldman Sachs Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Goldman . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 9648.52 | |||
| Daily Balance Of Power | (0.04) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 53.0 | |||
| Day Typical Price | 52.97 | |||
| Price Action Indicator | (0.07) | |||
| Period Momentum Indicator | (0.02) |
About Goldman Sachs Buy or Sell Advice
When is the right time to buy or sell Goldman Sachs SP? Buying financial instruments such as Goldman Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Goldman Sachs Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Goldman Sachs SP's market price often diverges from its book value, the accounting figure shown on Goldman's balance sheet. Smart investors calculate Goldman Sachs' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since Goldman Sachs' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental 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.