Goldman Mutual Fund Quote

GIMDX -  USA Fund  

USD 4.70  0.03  0.63%

Market Performance
0 of 100
Odds Of Distress
Less than 1
Goldman Sachs is trading at 4.70 as of the 23rd of May 2022; that is -0.63 percent decrease since the beginning of the trading day. The fund's open price was 4.73. Goldman Sachs has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Goldman Sachs Local are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2022 and ending today, the 23rd of May 2022. Click here to learn more.
The fund invests, under normal circumstances, at least 80 percent of its net assets plus any borrowings for investment purposes in sovereign and corporate debt securities of issuers in emerging market countries, denominated in the local currency of such emerging market countries, and other instruments, including credit linked notes and other investments, with similar economic exposures. More on Goldman Sachs Local

Goldman Sachs Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. 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.
Goldman Sachs Local generated a negative expected return over the last 90 days
Goldman Sachs Local is unlikely to experience financial distress in the next 2 years
The fund generated three year return of -1.0%
Goldman Sachs Local retains about 14.91% of its assets under management (AUM) in cash
Thematic Classification
Currently Active Investing Idea (view all)
Currency
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
Startdate15th of February 2008
Goldman Sachs Local [GIMDX] is traded in USA and was established 23rd of May 2022. The fund is listed under Emerging-Markets Local-Currency Bond category and is part of Goldman Sachs family. The entity is thematically classified as Currency. Goldman Sachs Local currently has accumulated 45.64 M in assets under management (AUM) with minimum initial investment of 0. , while the total return for the last 3 years was -0.74%.
Check Goldman Sachs Probability Of Bankruptcy

Instrument Allocation

Goldman Sachs Target Price Odds Analysis

What are Goldman Sachs' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Goldman Sachs jumping above the current price in 90 days from now is about 81.45%. The Goldman Sachs Local probability density function shows the probability of Goldman Sachs mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Goldman Sachs has a beta of 0.2761. This usually indicates 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 Local will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Goldman Sachs Local is significantly underperforming DOW.
  Odds Below 4.7HorizonTargetOdds Above 4.7
18.35%90 days
 4.70 
81.45%
Based on a normal probability distribution, the odds of Goldman Sachs to move above the current price in 90 days from now is about 81.45 (This Goldman Sachs Local probability density function shows the probability of Goldman Mutual Fund to fall within a particular range of prices over 90 days) .

Goldman Sachs Top Holders

Goldman Sachs Local 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 mutual fund 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 mutual fund 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 Local 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 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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Investing Goldman Sachs Local

You need to understand the risk of investing before taking a position in Goldman Sachs. The danger of trading Goldman Sachs Local is mainly related to its market volatility and Mutual Fund 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 Local 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 check Risk vs Return Analysis. Note that the Goldman Sachs Local 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for Goldman Mutual Fund analysis

When running Goldman Sachs Local 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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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.