Goldman Sachs Access Etf Fundamentals
| GSIG Etf | USD 47.08 0.03 0.06% |
Goldman Sachs Access 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 Access ETF Price To Sales Analysis
Goldman Sachs' Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Goldman Sachs Price To Sales | 1.35 X |
Most of Goldman Sachs' fundamental indicators, such as Price To Sales, 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 Access is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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Based on the latest financial disclosure, Goldman Sachs Access has a Price To Sales of 1.35 times. This is much higher than that of the Goldman Sachs family and significantly higher than that of the Short-Term Bond category. The price to sales for all United States etfs is notably lower than that of the firm.
Goldman Sachs Access Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Goldman Sachs's current stock value. Our valuation model uses many indicators to compare Goldman Sachs value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Goldman Sachs competition to find correlations between indicators driving Goldman Sachs's intrinsic value. More Info.Goldman Sachs Access is one of the top ETFs in price to earning as compared to similar ETFs. It is rated # 3 ETF in price to book as compared to similar ETFs fabricating about 0.05 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Goldman Sachs Access is roughly 20.77 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Goldman Sachs by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Goldman Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Goldman Sachs' direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Goldman Sachs could also be used in its relative valuation, which is a method of valuing Goldman Sachs by comparing valuation metrics of similar companies.Goldman Sachs is currently under evaluation in price to sales as compared to similar ETFs.
Fund Asset Allocation for Goldman Sachs
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds.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
| Return On Asset | 5.16 | |||
| Profit Margin | (0.26) % | |||
| Operating Margin | 9.59 % | |||
| Current Valuation | 545.75 M | |||
| Shares Outstanding | 34.52 M | |||
| Shares Owned By Insiders | 13.71 % | |||
| Shares Owned By Institutions | 74.10 % | |||
| Number Of Shares Shorted | 688.83 K | |||
| Price To Earning | 44.03 X | |||
| Price To Book | 2.12 X | |||
| Price To Sales | 1.35 X | |||
| Revenue | 377.39 M | |||
| Gross Profit | 157.89 M | |||
| Net Income | 1.24 M | |||
| Cash And Equivalents | 80.09 M | |||
| Cash Per Share | 2.33 X | |||
| Total Debt | 116.56 M | |||
| Debt To Equity | 0.49 % | |||
| Current Ratio | 3.54 X | |||
| Cash Flow From Operations | 34.1 M | |||
| Earnings Per Share | 0.97 X | |||
| Number Of Employees | 1.29 K | |||
| Beta | 0.47 | |||
| Market Capitalization | 515.73 M | |||
| Total Asset | 6.81 M | |||
| Retained Earnings | (189.55 M) | |||
| Working Capital | 128.26 M | |||
| Current Asset | 185.21 M | |||
| Current Liabilities | 56.95 M | |||
| One Year Return | 6.80 % | |||
| Three Year Return | 1.50 % | |||
| Net Asset | 6.81 M | |||
| Last Dividend Paid | 0.0403 | |||
| Bond Positions Weight | 5.74 % |
About Goldman Sachs Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Goldman Sachs Access'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 Access 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.
Please read more on our fundamental analysis page.The fund seeks to achieve its investment objective by investing at least 80 percent of its assets in securities included in its underlying index. GS Access is traded on NYSEARCA Exchange in the United States.
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When determining whether Goldman Sachs Access is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Goldman Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Goldman Sachs Access Etf. Highlighted below are key reports to facilitate an investment decision about Goldman Sachs Access Etf:Check out Goldman Sachs Piotroski F Score and Goldman Sachs Altman Z Score analysis. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
The market value of Goldman Sachs Access 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.