GOLDMAN Free Cash Flow vs Dividends Paid Analysis
| GS Stock | 30.51 0.57 1.90% |
GOLDMAN SACHS financial indicator trend analysis is much more than just examining GOLDMAN SACHS CDR latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GOLDMAN SACHS CDR is a good investment. Please check the relationship between GOLDMAN SACHS Free Cash Flow and its Dividends Paid accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GOLDMAN SACHS CDR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Free Cash Flow vs Dividends Paid
Free Cash Flow vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GOLDMAN SACHS CDR Free Cash Flow account and Dividends Paid. At this time, the significance of the direction appears to have pay attention.
The correlation between GOLDMAN SACHS's Free Cash Flow and Dividends Paid is -0.72. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of GOLDMAN SACHS CDR, assuming nothing else is changed. The correlation between historical values of GOLDMAN SACHS's Free Cash Flow and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of GOLDMAN SACHS CDR are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Free Cash Flow i.e., GOLDMAN SACHS's Free Cash Flow and Dividends Paid go up and down completely randomly.
Correlation Coefficient | -0.72 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Most indicators from GOLDMAN SACHS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GOLDMAN SACHS CDR current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GOLDMAN SACHS CDR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, GOLDMAN SACHS's Tax Provision is very stable compared to the past year. As of the 30th of November 2024, Selling General Administrative is likely to grow to about 17 B, while Issuance Of Capital Stock is likely to drop about 1.3 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 6.5B | 7.7B | 6.4B | 6.5B | Tax Provision | 5.4B | 2.2B | 2.2B | 2.4B |
GOLDMAN SACHS fundamental ratios Correlations
Click cells to compare fundamentals
GOLDMAN SACHS Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 Stock
| 0.88 | RY-PS | Royal Bank Earnings Call This Week | PairCorr |
| 0.79 | RY | Royal Bank Earnings Call This Week | PairCorr |
| 0.85 | RY-PM | Royal Bank Earnings Call This Week | PairCorr |
| 0.81 | TD-PFI | Toronto Dominion Bank Earnings Call This Week | PairCorr |
Moving against GOLDMAN Stock
| 0.57 | TD | Toronto Dominion Bank Earnings Call This Week | 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 CDR 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 CDR 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.Other Information on Investing in GOLDMAN Stock
Balance Sheet is a snapshot of the financial position of GOLDMAN SACHS CDR at a specified time, usually calculated after every quarter, six months, or one year. GOLDMAN SACHS Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of GOLDMAN SACHS and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which GOLDMAN currently owns. An asset can also be divided into two categories, current and non-current.