Goldman Sachs Absolute Fund Price on November 29, 2024
| GCRTX Fund | USD 8.62 0.03 0.35% |
Below is the normalized historical share price chart for Goldman Sachs Absolute extending back to May 30, 2008. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Goldman Sachs stands at 8.62, as last reported on the 30th of November, with the highest price reaching 8.62 and the lowest price hitting 8.62 during the day.
If you're considering investing in Goldman Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Goldman Mutual Fund to be very steady. Goldman Sachs Absolute holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Goldman Sachs Absolute, which you can use to evaluate the volatility of the entity. Please check out Goldman Sachs' Risk Adjusted Performance of 0.0619, downside deviation of 0.4013, and Market Risk Adjusted Performance of 0.074 to validate if the risk estimate we provide is consistent with the expected return of 0.0448%.
Goldman Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Goldman |
Sharpe Ratio = 0.1187
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GCRTX |
Estimated Market Risk
| 0.38 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Goldman Sachs is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Goldman Sachs by adding it to a well-diversified portfolio.
Goldman Sachs Valuation on November 29, 2024
It is possible to determine the worth of Goldman Sachs on a given historical date. On November 29, 2024 Goldman was worth 8.62 at the beginning of the trading date compared to the closed value of 8.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Goldman Sachs mutual fund. Still, in general, we apply an absolute valuation method to find Goldman Sachs' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Goldman Sachs where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Goldman Sachs' related companies.
| Open | High | Low | Close | Volume | |
| 8.59 | 8.59 | 8.59 | 8.59 | 1.00 | |
11/29/2024 | 8.62 | 8.62 | 8.62 | 8.62 | 1.00 |
| 8.62 | 8.62 | 8.62 | 8.62 | 0.00 |
| Backtest Goldman Sachs | | | Goldman Sachs History | | | Goldman Sachs Valuation | Previous | Next |
Goldman Sachs Trading Date Momentum on November 29, 2024
| On November 30 2024 Goldman Sachs Absolute was traded for 8.62 at the closing time. The highest daily price throughout the period was 8.62 and the lowest price was 8.62 . There was no trading activity during the period 0.0. Lack of trading volume on 11/30/2024 did not cause price change. The overall trading delta to current closing price is 0.00% . |
Goldman Sachs Absolute Fundamentals Correlations and Trends
By evaluating Goldman Sachs' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Goldman Sachs' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Goldman financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Goldman Sachs Mutual Fund history
Goldman Sachs investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Goldman is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Goldman Sachs Absolute will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Goldman Sachs stock prices may prove useful in developing a viable investing in Goldman Sachs
The funds Investment Adviser believes that hedge funds derive a large portion of their returns from exposure to sources of market risk and Trading Strategies involving long andor short positions in Market Exposures andor individual securities or baskets of securities. It uses a dynamic investment process to seek to identify the appropriate weights to Market Exposures and Trading Strategies that approximate the return and risk patterns of specific hedge fund sub-strategies.
Goldman Sachs Mutual Fund Technical Analysis
Goldman Sachs technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Goldman Sachs Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Goldman Sachs Absolute cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Goldman Sachs November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Goldman Sachs mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Goldman Sachs shares will generate the highest return on investment. By undertsting and applying Goldman Sachs mutual fund market strength indicators, traders can identify Goldman Sachs Absolute entry and exit signals to maximize returns
Goldman Sachs Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Goldman Sachs' price direction in advance. Along with the technical and fundamental analysis of Goldman Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Goldman to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0619 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.25) | |||
| Treynor Ratio | 0.064 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |