Goldman Sachs Five Year Return vs. Net Asset

GSIE Etf  USD 34.95  0.21  0.60%   
Based on Goldman Sachs' profitability indicators, Goldman Sachs ActiveBeta may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Goldman Sachs' ability to earn profits and add value for shareholders.
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 ActiveBeta 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 ActiveBeta over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
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.

Goldman Sachs ActiveBeta Net Asset vs. Five Year Return 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 ActiveBeta is one of the top ETFs in five year return as compared to similar ETFs. It also is one of the top ETFs in net asset as compared to similar ETFs making up about  406,666,667  of Net Asset per Five Year Return. Comparative valuation analysis is a catch-all technique that is used if you cannot value Goldman Sachs by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Goldman Net Asset vs. Five Year Return

Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.

Goldman Sachs

Five Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
6.00 %
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Goldman Sachs

Net Asset

 = 

Current Market Value

-

Current Liabilities

 = 
2.44 B
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.

Goldman Net Asset Comparison

Goldman Sachs is currently under evaluation in net asset as compared to similar ETFs.

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 index is designed to deliver exposure to equity securities of developed market issuers outside of the United States. GS Activebeta is traded on NYSEARCA Exchange in the United States.

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

Goldman Sachs ActiveBeta 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 ActiveBeta 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 ActiveBeta 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.
Pair CorrelationCorrelation Matching

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.

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Run Sector ETFs Thematic Idea Now

Sector ETFs
Sector ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Sector ETFs theme has 439 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 Sector ETFs Theme or any other thematic opportunities.
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When determining whether Goldman Sachs ActiveBeta offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Goldman Sachs' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Goldman Sachs Activebeta Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Goldman Sachs Activebeta Etf:
Check out Risk vs Return Analysis.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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 ActiveBeta 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.
Potential Goldman Sachs investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Goldman Sachs investors may work on each financial statement separately, they are all related. The changes in Goldman Sachs's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Goldman Sachs's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.