Goldman Sachs Etf Profile
Goldman Sachs is trading at 8.00 as of the 30th of November 2024, a No Change since the beginning of the trading day. The etf's open price was 8.0. Equity ratings for Goldman Sachs are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Goldman Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Name | Claymore CEF GS Connect ETN |
| Business Concentration | Target Risk ETFs, Asset Allocation ETFs (View all Sectors) |
| Issuer | Goldman Sachs |
| Inception Date | 2007-12-08 |
| Benchmark | Claymore CEF Index |
| Entity Type | Exchange-Traded Note |
| Asset Type | Multi Asset |
| Category | Asset Allocation |
| Focus | Target Risk |
| Market Concentration | Blended Development |
| Region | Global |
| Average Daily Volume In Three Month | 37.0 |
Goldman Sachs [GCEC] is traded in USA and was established null. The fund is not classified under any group at this time. The fund currently have in assets under management (AUM).
Check Goldman Sachs Probability Of Bankruptcy
Goldman Sachs Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Goldman Sachs. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 0.4033 | |||
| Standard Deviation | 1.66 | |||
| Variance | 2.77 | |||
| Risk Adjusted Performance | (0.09) |
Goldman Sachs Against Markets
Goldman Sachs Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Goldman Sachs etf to make a market-neutral strategy. Peer analysis of Goldman Sachs could also be used in its relative valuation, which is a method of valuing Goldman Sachs by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of Goldman Sachs 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.