Goldman Sachs Activebeta Etf Profile
| GLOV Etf | USD 51.58 0.22 0.43% |
Performance7 of 100
| Odds Of DistressLess than 31
|
Goldman Sachs is selling for under 51.58 as of the 28th of November 2024; that is 0.43 percent increase since the beginning of the trading day. The etf's lowest day price was 51.53. Goldman Sachs has about a 31 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Goldman Sachs ActiveBeta are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund seeks to achieve its investment objective by investing at least 80 percent of its assets in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The company has 1.25 M outstanding shares. More on Goldman Sachs ActiveBeta
Moving together with Goldman Etf
| 0.89 | VT | Vanguard Total World Sell-off Trend | PairCorr |
| 0.88 | ACWI | iShares MSCI ACWI Sell-off Trend | PairCorr |
| 0.75 | ACWV | iShares MSCI Global | PairCorr |
| 0.79 | IOO | iShares Global 100 | PairCorr |
| 0.9 | URTH | iShares MSCI World | PairCorr |
| 0.87 | CRBN | iShares MSCI ACWI | PairCorr |
Moving against Goldman Etf
| 0.6 | BITI | ProShares Trust Downward Rally | PairCorr |
| 0.35 | KO | Coca Cola Sell-off Trend | PairCorr |
Goldman Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Equity ETFs, Global Large-Stock Blend, Goldman Sachs (View all Sectors) |
| Issuer | Goldman Sachs |
| Inception Date | 2022-03-15 |
| Benchmark | Goldman Sachs ActiveBeta World Low Vol Plus Equity Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 1.07 Billion |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | Goldman Sachs Asset Management, L.P. |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Raj Garigipati, Jamie McGregor |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Aug |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 449 |
| Market Maker | Flow Traders |
| Total Expense | 0.25 |
| Management Fee | 0.25 |
| Country Name | USA |
| Returns Y T D | 19.78 |
| Name | Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF |
| Currency Code | USD |
| Open Figi | BBG0155MNDF3 |
| 1y Volatility | 10.37 |
| 200 Day M A | 47.8907 |
| 50 Day M A | 50.5618 |
| Code | GLOV |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| Type | ETF |
Goldman Sachs ActiveBeta [GLOV] is traded in USA and was established 2022-03-15. The fund is listed under Global Large-Stock Blend category and is part of Goldman Sachs family. The entity is thematically classified as Strategy ETFs. Goldman Sachs ActiveBeta currently have 515.79 M in assets under management (AUM). , while the total return for the last year was 24.6%.
Goldman Sachs ActiveBeta currently holds about 9.44 K in cash with (1.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Goldman Sachs Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Goldman Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Goldman Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Goldman Sachs ActiveBeta Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Goldman Sachs ActiveBeta Currency Exposure
Goldman Sachs ActiveBeta holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Goldman Sachs will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Goldman Sachs ActiveBeta.
Top Goldman Sachs ActiveBeta Etf Constituents
| LH | Laboratory of | Stock | Health Care | |
| PEP | PepsiCo | Stock | Consumer Staples | |
| CHD | Church Dwight | Stock | Consumer Staples | |
| MCO | Moodys | Stock | Financials | |
| VIG | Vienna Insurance Group | Stock | Insurance - General | |
| KBC | KBC Groep NV | Stock | Financials | |
| IAG | Insurance Australia Group | Stock | Financials | |
| ELISA | Elisa Oyj | Stock | Communication Services |
Goldman Sachs ActiveBeta 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 | 0.4752 | |||
| Semi Deviation | 0.4796 | |||
| Standard Deviation | 0.5894 | |||
| Variance | 0.3474 |
Goldman Sachs ActiveBeta Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Goldman Sachs ActiveBeta Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Goldman Sachs price patterns.
Goldman Sachs Against Markets
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 persons. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.