Goldman Sachs Correlations
| GFPXX 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
| 0.91 | 0.56 | 0.25 | 0.37 | 0.91 | ETHSX | ||
| 0.91 | 0.63 | 0.42 | 0.59 | 0.87 | BHSRX | ||
| 0.56 | 0.63 | 0.72 | 0.81 | 0.69 | XHQHX | ||
| 0.25 | 0.42 | 0.72 | 0.83 | 0.27 | HHCZX | ||
| 0.37 | 0.59 | 0.81 | 0.83 | 0.41 | ETAHX | ||
| 0.91 | 0.87 | 0.69 | 0.27 | 0.41 | LYFAX | ||
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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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ETHSX | 0.65 | 0.03 | 0.00 | (0.05) | 0.00 | 1.29 | 4.00 | |||
| BHSRX | 0.70 | (0.04) | 0.00 | (0.17) | 0.00 | 1.32 | 5.45 | |||
| XHQHX | 0.84 | (0.09) | 0.00 | 0.27 | 0.00 | 1.68 | 5.93 | |||
| HHCZX | 0.16 | (0.01) | 0.00 | (0.21) | 0.00 | 0.30 | 0.98 | |||
| ETAHX | 1.13 | (0.08) | 0.00 | (0.21) | 0.00 | 1.83 | 6.50 | |||
| LYFAX | 0.60 | (0.08) | 0.00 | 0.41 | 0.00 | 1.13 | 3.27 |