Goldman Sachs Activebeta Etf Performance
| GSJY Etf | USD 38.76 0.94 2.49% |
The etf retains a Market Volatility (i.e., Beta) of 0.74, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Goldman Sachs' returns are expected to increase less than the market. However, during the bear market, the loss of holding Goldman Sachs is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Goldman Sachs ActiveBeta has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong forward-looking indicators, Goldman Sachs is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | -0.02 |
Goldman |
Goldman Sachs Relative Risk vs. Return Landscape
If you would invest 3,923 in Goldman Sachs ActiveBeta on September 1, 2024 and sell it today you would lose (47.00) from holding Goldman Sachs ActiveBeta or give up 1.2% of portfolio value over 90 days. Goldman Sachs ActiveBeta is currently does not generate positive expected returns and assumes 1.1515% risk (volatility on return distribution) over the 90 days horizon. In different words, 10% of etfs are less volatile than Goldman, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Goldman Sachs Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Goldman Sachs' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Goldman Sachs ActiveBeta, and traders can use it to determine the average amount a Goldman Sachs' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0109
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GSJY |
Estimated Market Risk
| 1.15 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Goldman Sachs is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Goldman Sachs by adding Goldman Sachs to a well-diversified portfolio.
Goldman Sachs Fundamentals Growth
Goldman Etf prices reflect investors' perceptions of the future prospects and financial health of Goldman Sachs, and Goldman Sachs fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Goldman Etf performance.
| Price To Earning | 15.74 X | |||
| Price To Book | 1.25 X | |||
| Price To Sales | 0.67 X | |||
| Total Asset | 10.83 M | |||
About Goldman Sachs Performance
Evaluating Goldman Sachs' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Goldman Sachs has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Goldman Sachs has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The index is designed to deliver exposure to equity securities of Japanese issuers. GS Activebeta is traded on NYSEARCA Exchange in the United States.| Goldman Sachs generated a negative expected return over the last 90 days | |
| The fund retains all of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs ActiveBeta. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation. 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 ActiveBeta 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.