Goldman Sachs Tax Managed Fund Quote
| GCTAX Fund | USD 39.94 0.13 0.32% |
Performance6 of 100
| Odds Of DistressLess than 20
|
Goldman Sachs is trading at 39.94 as of the 19th of April 2024; that is -0.32 percent decrease since the beginning of the trading day. The fund's open price was 40.07. Goldman Sachs has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Goldman Sachs Tax Managed are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of April 2022 and ending today, the 19th of April 2024. 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 equity investments in U.S. issuers. The fund advisor seeks broad representation of large-cap, mid-cap and small-cap equity investments representing all major sectors of the U.S. More on Goldman Sachs Tax Managed
Moving together with Goldman Mutual Fund
| 0.97 | GCGAX | Goldman Sachs Centrated | PairCorr |
Moving against Goldman Mutual Fund
| 0.69 | GCEGX | Goldman Sachs Clean | PairCorr |
| 0.68 | GCEBX | Goldman Sachs Clean | PairCorr |
| 0.67 | GCEDX | Goldman Sachs Clean | PairCorr |
| 0.61 | GCEEX | Goldman Sachs Clean | PairCorr |
| 0.61 | GCEJX | Goldman Sachs Clean | PairCorr |
| 0.6 | GCEPX | Goldman Sachs Clean | PairCorr |
Goldman 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. 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.
| Fund Concentration | Goldman Sachs Funds, Large Growth Funds, Large Blend Funds, Large Blend, Goldman Sachs, Large Blend, Large Blend (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 28th of April 2023 |
| Fiscal Year End | December |
Goldman Sachs Tax Managed [GCTAX] is traded in USA and was established 19th of April 2024. Goldman Sachs is listed under Goldman Sachs category by Fama And French industry classification. The fund is listed under Large Blend category and is part of Goldman Sachs family. This fund currently has accumulated 2.66 B in assets under management (AUM) with no minimum investment requirementsGoldman Sachs Tax is currently producing year-to-date (YTD) return of 8.14% with the current yeild of 0.0%, while the total return for the last 3 years was 6.82%.
Check Goldman Sachs Probability Of Bankruptcy
Instrument 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 Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Goldman Mutual Fund, 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 Tax Managed Mutual Fund, 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.
Top Goldman Sachs Tax Managed Mutual Fund Constituents
| CFG | Citizens Financial Group | Stock | Financials |
| PG | Procter Gamble | Stock | Consumer Staples |
| SBUX | Starbucks | Stock | Consumer Discretionary |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care |
| COP | ConocoPhillips | Stock | Energy |
| C | Citigroup | Stock | Financials |
| EXC | Exelon | Stock | Utilities |
Goldman Sachs Target Price Odds Analysis
Based on a normal probability distribution, the odds of Goldman Sachs jumping above the current price in 90 days from now is about 59.42%. The Goldman Sachs Tax Managed 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 0.9914. This usually indicates Goldman Sachs Tax Managed market returns are sensitive to returns on the market. As the market goes up or down, Goldman Sachs is expected to follow. Additionally, goldman Sachs Tax Managed has an alpha of 0.0379, implying that it can generate a 0.0379 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Goldman Sachs to move above the current price in 90 days from now is about 59.42 (This Goldman Sachs Tax Managed probability density function shows the probability of Goldman Mutual Fund to fall within a particular range of prices over 90 days) .
Goldman Sachs Tax 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.
| Mean Deviation | 0.626 | |||
| Semi Deviation | 0.6817 | |||
| Standard Deviation | 0.8532 | |||
| Variance | 0.728 |
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 Tax Managed at a given time. Please also check how Goldman Sachs' historical prices are related to one of the top price index indicators.
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.Did you try this?
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How to buy Goldman Mutual Fund?
Before investing in Goldman Sachs, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Goldman Sachs. To buy Goldman Sachs fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Goldman Sachs. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Goldman Sachs fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Goldman Sachs Tax Managed fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Goldman Sachs Tax Managed fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Goldman Sachs Tax Managed, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Goldman Sachs Tax Managed?
The danger of trading Goldman Sachs Tax Managed 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 Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Goldman Sachs Tax 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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs Tax Managed. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Goldman Sachs Tax 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 the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.