GOLDMAN SACHS Return On Asset vs. Market Capitalization
| GS Stock | 30.12 0.05 0.17% |
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 GOLDMAN SACHS CDR 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 GOLDMAN SACHS CDR over time as well as its relative position and ranking within its peers.
GOLDMAN |
GOLDMAN SACHS CDR Market Capitalization vs. Return On Asset 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. GOLDMAN SACHS CDR is rated # 2 in return on asset category among its peers. It is one of the top stocks in market capitalization category among its peers creating about Huge of Market Capitalization per Return On Asset. 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's 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 Market Capitalization vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
GOLDMAN SACHS |
| = | 0.0074 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
GOLDMAN SACHS |
| = | 264.54 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
GOLDMAN Market Capitalization vs Competition
GOLDMAN SACHS CDR is one of the top stocks in market capitalization category among its peers. Market capitalization of Financials industry is currently estimated at about 1.25 Trillion. GOLDMAN SACHS totals roughly 264.54 Billion in market capitalization claiming about 21% of equities under Financials industry.
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's 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.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | 6.4 B | 6.5 B | |
| Interest Income | 68.5 B | 71.9 B | |
| Net Income From Continuing Ops | 8.5 B | 13.1 B | |
| Income Before Tax | 10.7 B | 16.4 B | |
| Net Income Applicable To Common Shares | 12.3 B | 13.4 B | |
| Net Income | 8.5 B | 13.1 B | |
| Income Tax Expense | 2.6 B | 3.5 B | |
| Change To Netincome | 4 B | 4.2 B |
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's 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
GOLDMAN SACHS CDR 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 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.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?
Run Long/short ETFs Thematic Idea Now
Long/short ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Long/short ETFs theme has 24 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Long/short ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in GOLDMAN Stock
To fully project GOLDMAN SACHS's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of GOLDMAN SACHS CDR 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's income statement, its balance sheet, and the statement of cash flows.