Gs Connect Sp Etf Market Value
| GSCE Etf | USD 24.92 0.00 0.00% |
| Symbol | GSCE |
Please note, there is a significant difference between GS Connect's value and its price as these two are different measures arrived at by different means. Investors typically determine if GS Connect is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GS Connect's 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.
GS Connect 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to GS Connect's otc etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of GS Connect.
| 01/21/2025 |
| 01/16/2026 |
If you would invest 0.00 in GS Connect on January 21, 2025 and sell it all today you would earn a total of 0.00 from holding GS Connect SP or generate 0.0% return on investment in GS Connect over 360 days. GS Connect is related to or competes with AXS 15X, Thrivent High, High-yield Municipal, Morningstar Unconstrained, Via Renewables, Jpmorgan Smartretirement*, and AMPL. The Fund seeks to replicate the performance of the BNP Paribas Energy Metals Enhanced Roll by investing in a substitute ... More
GS Connect Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure GS Connect's otc etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess GS Connect SP upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (2.90) | |||
| Maximum Drawdown | 0.32 |
GS Connect Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GS Connect's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GS Connect's standard deviation. In reality, there are many statistical measures that can use GS Connect historical prices to predict the future GS Connect's volatility.| Risk Adjusted Performance | (0.25) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (1.77) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GS Connect's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
GS Connect SP Backtested Returns
GS Connect SP retains Efficiency (Sharpe Ratio) of -0.13, which attests that the entity had a -0.13 % return per unit of price deviation over the last 3 months. GS Connect exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GS Connect's Information Ratio of (2.90), market risk adjusted performance of (1.76), and Coefficient Of Variation of (812.40) to validate the risk estimate we provide. The etf owns a Beta (Systematic Risk) of 0.0084, which attests to not very significant fluctuations relative to the market. As returns on the market increase, GS Connect's returns are expected to increase less than the market. However, during the bear market, the loss of holding GS Connect is expected to be smaller as well.
Auto-correlation | 0.83 |
Very good predictability
GS Connect SP has very good predictability. Overlapping area represents the amount of predictability between GS Connect time series from 21st of January 2025 to 20th of July 2025 and 20th of July 2025 to 16th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of GS Connect SP price movement. The serial correlation of 0.83 indicates that around 83.0% of current GS Connect price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 9.24 |
GS Connect SP lagged returns against current returns
Autocorrelation, which is GS Connect otc etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting GS Connect's otc etf expected returns. We can calculate the autocorrelation of GS Connect returns to help us make a trade decision. For example, suppose you find that GS Connect has exhibited high autocorrelation historically, and you observe that the otc etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
GS Connect regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If GS Connect otc etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GS Connect otc etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GS Connect otc etf over time.
Current vs Lagged Prices |
| Timeline |
GS Connect Lagged Returns
When evaluating GS Connect's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GS Connect otc etf have on its future price. GS Connect autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, GS Connect autocorrelation shows the relationship between GS Connect otc etf current value and its past values and can show if there is a momentum factor associated with investing in GS Connect SP.
Regressed Prices |
| Timeline |
Also Currently Popular
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 GSCE OTC Etf
GS Connect financial ratios help investors to determine whether GSCE OTC Etf 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 GSCE with respect to the benefits of owning GS Connect security.