Goldman Sachs Nasdaq 100 Etf Number Of Shares Shorted
| GPIQ Etf | 48.91 0.06 0.12% |
Goldman Sachs Nasdaq 100 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 Etf. 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 etf.
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Goldman Sachs Nasdaq 100 ETF Number Of Shares Shorted Analysis
Goldman Sachs' Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
More About Number Of Shares Shorted | All Equity Analysis
Shares Shorted | = | Shorted by Public | + | by Institutions |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
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Based on the recorded statements, Goldman Sachs Nasdaq 100 has 0.0 of outstending shares currently sold short by investors. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Derivative Income (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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About Goldman Sachs Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Goldman Sachs Nasdaq 100'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 Nasdaq 100 based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.
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Pair Trading with Goldman Sachs
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Goldman Sachs position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Goldman Sachs will appreciate offsetting losses from the drop in the long position's value.Moving together with Goldman Etf
| 0.93 | JEPI | JPMorgan Equity Premium | PairCorr |
| 0.97 | XYLD | Global X SP | PairCorr |
| 0.91 | DIVO | Amplify CWP Enhanced | PairCorr |
| 0.93 | RYLD | Global X Russell | PairCorr |
| 0.99 | JEPQ | JPMorgan Nasdaq Equity | PairCorr |
The ability to find closely correlated positions to Goldman Sachs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Goldman Sachs when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Goldman Sachs - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Goldman Sachs Nasdaq 100 to buy it.
The correlation of Goldman Sachs is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Goldman Sachs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Goldman Sachs Nasdaq moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Goldman Sachs can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Goldman Sachs Piotroski F Score and Goldman Sachs Altman Z Score analysis. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of Goldman Sachs Nasdaq 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.