Goldman Sachs Mlp Fund Price To Earning
GLPIX Fund | USD 39.63 0.31 0.79% |
Goldman Sachs Mlp fundamentals help investors to digest information that contributes to Goldman Sachs' financial success or failures. It also enables traders to predict the movement of Goldman Mutual Fund. The fundamental analysis module provides a way to measure Goldman Sachs' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Goldman Sachs mutual fund.
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Goldman Sachs Mlp Mutual Fund Price To Earning Analysis
Goldman Sachs' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Goldman Sachs Price To Earning | 23.18 X |
Most of Goldman Sachs' fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Goldman Sachs Mlp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Goldman Sachs Mlp has a Price To Earning of 23.18 times. This is much higher than that of the Goldman Sachs family and significantly higher than that of the Energy Limited Partnership category. The price to earning for all United States funds is notably lower than that of the firm.
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Fund Asset Allocation for Goldman Sachs
The fund invests 99.86% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (0.14%) .Asset allocation divides Goldman Sachs' investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Goldman Fundamentals
Price To Earning | 23.18 X | |||
Price To Book | 1.73 X | |||
Price To Sales | 0.88 X | |||
Total Asset | 1.29 B | |||
Annual Yield | 0.07 % | |||
Year To Date Return | 32.34 % | |||
One Year Return | 32.46 % | |||
Three Year Return | 25.12 % | |||
Five Year Return | 15.51 % | |||
Net Asset | 2.63 B | |||
Last Dividend Paid | 0.35 | |||
Cash Position Weight | 0.14 % | |||
Equity Positions Weight | 99.86 % |
About Goldman Sachs Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Goldman Sachs Mlp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Goldman Sachs using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Goldman Sachs Mlp based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.
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