Goldman Sachs Physical Etf Performance

AAAU Etf  USD 22.98  0.37  1.58%   
The etf retains a Market Volatility (i.e., Beta) of 0.45, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Goldman Sachs' returns are expected to increase less than the market. However, during the bear market, the loss of holding Goldman Sachs is expected to be smaller as well.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Goldman Sachs Physical are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak basic indicators, Goldman Sachs may actually be approaching a critical reversion point that can send shares even higher in July 2024. ...more
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Raymond James Associates Acquires 14921 Shares of Goldman Sachs Physical Gold ETF - Defense World
04/12/2024
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GLD Gold To The Moon Is Bad News - Part 3 - Seeking Alpha
05/09/2024
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Goldman Sachs Physical Gold ETF Shares Acquired by Cetera Advisor Networks LLC - Defense World
06/10/2024
In Threey Sharp Ratio0.34
  

Goldman Sachs Relative Risk vs. Return Landscape

If you would invest  2,150  in Goldman Sachs Physical on March 24, 2024 and sell it today you would earn a total of  148.00  from holding Goldman Sachs Physical or generate 6.88% return on investment over 90 days. Goldman Sachs Physical is currently generating 0.1135% in daily expected returns and assumes 1.1059% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of etfs are less volatile than Goldman, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
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Given the investment horizon of 90 days Goldman Sachs is expected to generate 1.69 times more return on investment than the market. However, the company is 1.69 times more volatile than its market benchmark. It trades about 0.1 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.01 per unit of risk.

Goldman Sachs Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Goldman Sachs' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Goldman Sachs Physical, and traders can use it to determine the average amount a Goldman Sachs' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1026

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Estimated Market Risk

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91% of assets are more volatile

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98% of assets have higher returns

Risk-Adjusted Return

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92% of assets perform better
Based on monthly moving average Goldman Sachs is performing at about 8% 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 Goldman Sachs by adding it to a well-diversified portfolio.

Goldman Sachs Fundamentals Growth

Goldman Etf prices reflect investors' perceptions of the future prospects and financial health of Goldman Sachs, and Goldman Sachs fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Goldman Etf performance.
Total Asset400.23 M

About Goldman Sachs Performance

To evaluate Goldman Sachs Physical Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Goldman Sachs generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Goldman Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Goldman Sachs Physical market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Goldman's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
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.
Latest headline from news.google.com: Goldman Sachs Physical Gold ETF Shares Acquired by Cetera Advisor Networks LLC - Defense World
The fund holds all of the assets under management (AUM) in different types of exotic instruments

Additional Information and Resources on Investing in Goldman Etf

When determining whether Goldman Sachs Physical is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Goldman Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Goldman Sachs Physical Etf. Highlighted below are key reports to facilitate an investment decision about Goldman Sachs Physical Etf:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Goldman Sachs Physical. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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 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.