Goldman Sachs Price To Earning vs. Total Asset
| GS-PC Preferred Stock | USD 24.65 0.55 2.28% |
For Goldman Sachs profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Goldman Sachs to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well The Goldman Sachs utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Goldman Sachs's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of The Goldman Sachs over time as well as its relative position and ranking within its peers.
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Goldman Sachs Total Asset vs. Price To Earning Fundamental Analysis
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. The Goldman Sachs is rated # 3 in price to earning category among its peers. It is rated # 2 in total asset category among its peers fabricating about 810,112,359,551 of Total Asset per Price To Earning. Comparative valuation analysis is a catch-all model that can be used if you cannot value Goldman Sachs by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Goldman Sachs' Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Goldman Total Asset vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Goldman Sachs |
| = | 1.78 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Goldman Sachs |
| = | 1.44 T |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Goldman Total Asset Comparison
Goldman Sachs is currently under evaluation in total asset category among its peers.
Goldman Sachs Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Goldman Sachs, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Goldman Sachs will eventually generate negative long term returns. The profitability progress is the general direction of Goldman Sachs' change in net profit over the period of time. It can combine multiple indicators of Goldman Sachs, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment management company worldwide. The Goldman Sachs Group, Inc. was founded in 1869 and is headquartered in New York, New York. Goldman Sachs operates under Capital Markets classification in USA and is traded on New York Stock Exchange. It employs 38000 people.
Goldman Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Goldman Sachs. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Goldman Sachs position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Goldman Sachs' important profitability drivers and their relationship over time.
Use Goldman Sachs in pair-trading
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.Goldman Sachs Pair Trading
The Goldman Sachs Pair Trading Analysis
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 The Goldman Sachs 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 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.Use Investing Themes to Complement your Goldman Sachs position
In addition to having Goldman Sachs in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Goldman Preferred Stock
To fully project Goldman Sachs' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Goldman Sachs at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Goldman Sachs' income statement, its balance sheet, and the statement of cash flows.