Goldman Sachs Correlations
| FYSXX Fund | USD 1.00 0.00 0.00% |
The correlation of Goldman Sachs is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Goldman |
Related Correlations Analysis
| 0.52 | 0.9 | 0.89 | 0.74 | 0.99 | GIEAX | ||
| 0.52 | 0.5 | 0.54 | 0.43 | 0.5 | PMIEX | ||
| 0.9 | 0.5 | 0.8 | 0.62 | 0.92 | DDCFX | ||
| 0.89 | 0.54 | 0.8 | 0.92 | 0.85 | CIESX | ||
| 0.74 | 0.43 | 0.62 | 0.92 | 0.69 | ARTNX | ||
| 0.99 | 0.5 | 0.92 | 0.85 | 0.69 | TOIIX | ||
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Risk-Adjusted Indicators
There is a big difference between Goldman Money Market Fund performing well and Goldman Sachs Money Market Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Goldman Sachs' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GIEAX | 0.63 | 0.18 | 0.25 | 0.30 | 0.64 | 1.46 | 4.95 | |||
| PMIEX | 0.82 | (0.05) | 0.00 | (0.19) | 0.00 | 1.56 | 9.24 | |||
| DDCFX | 0.21 | 0.02 | 0.34 | 0.62 | 0.11 | 0.54 | 1.22 | |||
| CIESX | 0.68 | 0.07 | 0.10 | 0.07 | 0.95 | 1.58 | 5.26 | |||
| ARTNX | 0.64 | 0.08 | 0.11 | 0.04 | 0.84 | 1.23 | 3.96 | |||
| TOIIX | 0.66 | 0.21 | 0.28 | 0.34 | 0.60 | 1.51 | 5.44 |