Sp Goldman Sachs Index Price on October 9, 2024

SPGSCI Index   546.30  3.13  0.58%   
Below is the normalized historical share price chart for SP Goldman Sachs extending back to January 02, 1970. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of SP Goldman stands at 546.30, as last reported on the 15th of December 2024, with the highest price reaching 546.71 and the lowest price hitting 542.88 during the day.
 
Embargo
 
Inflation
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in SPGSCI Index, it is important to understand the factors that can impact its price. SP Goldman Sachs retains Efficiency (Sharpe Ratio) of 0.0637, which indicates the index had a 0.0637% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for SP Goldman, which you can use to evaluate the volatility of the index.
SPGSCI Index price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0637

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Estimated Market Risk

 1.11
  actual daily
9
91% of assets are more volatile

Expected Return

 0.07
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
5
95% of assets perform better
Based on monthly moving average SP Goldman is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of SP Goldman by adding it to a well-diversified portfolio.

SP Goldman Valuation on October 9, 2024

It is possible to determine the worth of SP Goldman on a given historical date. On October 9, 2024 SPGSCI was worth 551.11 at the beginning of the trading date compared to the closed value of 547.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SP Goldman index. Still, in general, we apply an absolute valuation method to find SP Goldman's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of SP Goldman where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SP Goldman's related companies.
 Open High Low Close Volume
  566.85    567.83    547.73    550.81    1.00  
10/09/2024
  551.11    554.81    541.68    547.77    1.00  
  548.00    560.24    548.00    559.25    1.00  
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Open Value
551.11
547.79
Downside
547.77
Closing Value
554.43
Upside

SP Goldman Trading Date Momentum on October 9, 2024

On October 10 2024 SP Goldman Sachs was traded for  559.25  at the closing time. The highest price during the trading period was 560.24  and the lowest recorded bid was listed for  548.00 . There was no trading activity during the period 1.0. Lack of trading volume on October 10, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 2.10% . The trading price change to the current price is 2.88% .

Price Boundaries

SP Goldman Period Price Range

Low
December 15, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

SP Goldman Sachs cannot be verified against its exchange. Please verify the symbol is currently traded on INDX Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

SP Goldman December 15, 2024 Market Strength

Market strength indicators help investors to evaluate how SP Goldman index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SP Goldman shares will generate the highest return on investment. By undertsting and applying SP Goldman index market strength indicators, traders can identify SP Goldman Sachs entry and exit signals to maximize returns

SP Goldman Technical Drivers

SP Goldman December 15, 2024 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for SP Goldman's price direction in advance. Along with the technical and fundamental analysis of SPGSCI Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of SPGSCI to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance0.058
Mean Deviation0.8095
Semi Deviation1.11
Downside Deviation1.29
Coefficient Of Variation1328.69
Standard Deviation1.11
Variance1.23
Information Ratio(0.01)
Total Risk Alpha(0.06)
Sortino Ratio(0.01)
Maximum Drawdown5.66
Value At Risk(1.65)
Potential Upside1.66
Downside Variance1.68
Semi Variance1.22
Expected Short fall(0.78)
Skewness(0.68)
Kurtosis1.18
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