Goldman Etf Profile

AAAU
 Etf
  

USD 17.81  0.06  0.34%   

Market Performance
4 of 100
Odds Of Distress
Less than 41
Goldman Sachs is selling for under 17.81 as of the 9th of December 2022; that is 0.34 percent increase since the beginning of the trading day. The etf's last reported lowest price was 17.78. Goldman Sachs has about a 41 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 Physical are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of December 2020 and ending today, the 9th of December 2022. Click here to learn more.
The trust holds London Bars and Physical Gold of other specifications without numismatic value. GS Physical is traded on BATS Exchange in the United States. More on Goldman Sachs Physical

Moving together with Goldman Sachs

+0.64JPMJPMorgan Chase Fiscal Year End 13th of January 2023 PairCorr
+0.63TATT Inc Sell-off TrendPairCorr
+0.68MMM3M Company Sell-off TrendPairCorr

Goldman Sachs Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Goldman Sachs' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Goldman Sachs or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
The fund holds all of the assets under management (AUM) in different types of exotic instruments
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Goldman Sachs' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
IssuerGoldman Sachs
Inception Date2018-07-26
Entity TypeGrantor Trust
Asset Under Management424.53 Million
Asset TypeCommodities
CategoryPrecious Metals
FocusGold
Market ConcentrationBlended Development
RegionGlobal
AdministratorGoldman Sachs Asset Management, L.P.
AdvisorGoldman Sachs Asset Management, L.P.
CustodianJPMorgan Chase Bank, N.A.
DistributorALPS Distributors, Inc
Portfolio ManagerGoldman Sachs Asset Management, L.P.
Transfer AgentJPMorgan Chase Bank, N.A.
TrusteeThe Bank of New York Mellon Corporation
Fiscal Year End31-Dec
ExchangeNYSE Arca, Inc.
Number of Constituents1.0
Market MakerVirtu Financial
Total Expense0.18
Management Fee0.18
Nav Price16.54
Two Hundred Day Average17.88
Ytd-8.96%
Average Daily Volume In Three Month1.32M
Fifty Two Week Low16.06
As Of Date25th of October 2022
Average Daily Volume Last 10 Day1.99M
Fifty Two Week High20.57
One Month0.98%
Fifty Day Average16.71
Three Month-3.51%
Beta In Three Year0.1
Goldman Sachs Physical [AAAU] is traded in USA and was established 2018-07-24. The fund is listed under Precious Metals category and is part of Goldman Sachs family. Goldman Sachs Physical presently have 400.23 M in assets under management (AUM). , while the total return for the last 3 years was 2.94%.
Check Goldman Sachs Probability Of Bankruptcy

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 Physical 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 Target Price Odds Analysis

Attributed to a normal probability distribution, the odds of Goldman Sachs jumping above the current price in 90 days from now is under 4%. The Goldman Sachs Physical probability density function shows the probability of Goldman Sachs etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Goldman Sachs has a beta of 0.4679. This suggests as returns on the market go up, Goldman Sachs average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Goldman Sachs Physical will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0301, implying that it can generate a 0.0301 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 17.81HorizonTargetOdds Above 17.81
96.81%90 days
 17.81 
3.12%
Based on a normal probability distribution, the odds of Goldman Sachs to move above the current price in 90 days from now is under 4 (This Goldman Sachs Physical probability density function shows the probability of Goldman Etf to fall within a particular range of prices over 90 days) .

Goldman Sachs Top Holders

Goldman Sachs Physical Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Goldman Sachs market risk premium is the additional return an investor will receive from holding Goldman Sachs long position in a well-diversified portfolio. 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. Although Goldman Sachs' alpha and beta are two of the key measurements used to evaluate Goldman Sachs' performance over the market, the standard measures of volatility play an important role as well.

Goldman Sachs Against Markets

Picking the right benchmark for Goldman Sachs etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Goldman Sachs etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Goldman Sachs is critical whether you are bullish or bearish towards Goldman Sachs Physical at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Goldman Sachs without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Fundamental Analysis

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Invested in Goldman Sachs Physical?

The danger of trading Goldman Sachs Physical is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Goldman Sachs is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Goldman Sachs. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Goldman Sachs Physical is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the Goldman Sachs Physical information on this page should be used as a complementary analysis to other Goldman Sachs' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Goldman Sachs Physical price analysis, check to measure Goldman Sachs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Goldman Sachs is operating at the current time. Most of Goldman Sachs' value examination focuses on studying past and present price action to predict the probability of Goldman Sachs' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Goldman Sachs' price. Additionally, you may evaluate how the addition of Goldman Sachs to your portfolios can decrease your overall portfolio volatility.
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The market value of Goldman Sachs Physical 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 Goldman Sachs value 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.