Goldman Sachs Etf Performance
| GCAL Etf | 50.92 0.08 0.16% |
The etf retains a Market Volatility (i.e., Beta) of -0.0967, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Goldman Sachs are expected to decrease at a much lower rate. During the bear market, Goldman Sachs is likely to outperform the market.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Goldman Sachs ETF are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent basic indicators, Goldman Sachs is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more
1 | AI Diamond Grading A Cut Above For Building Trust | 11/07/2024 |
Goldman |
Goldman Sachs Relative Risk vs. Return Landscape
If you would invest 5,038 in Goldman Sachs ETF on September 1, 2024 and sell it today you would earn a total of 54.00 from holding Goldman Sachs ETF or generate 1.07% return on investment over 90 days. Goldman Sachs ETF is currently generating 0.0169% in daily expected returns and assumes 0.2161% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of etfs are less volatile than Goldman, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Goldman Sachs Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Goldman Sachs' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Goldman Sachs ETF, and traders can use it to determine the average amount a Goldman Sachs' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0781
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| Negative Returns | GCAL |
Estimated Market Risk
| 0.22 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Goldman Sachs is performing at about 6% 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.
About Goldman Sachs Performance
By examining Goldman Sachs' fundamental ratios, stakeholders can obtain critical insights into Goldman Sachs' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Goldman Sachs is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Goldman Sachs is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Latest headline from forbes.com: AI Diamond Grading A Cut Above For Building Trust |
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.