Goldman Sachs Etf Profile
Goldman Sachs is trading at 48.49 as of the 16th of December 2024. This is a No Change since the beginning of the trading day. The etf's lowest day price was 48.49. The performance scores are derived for the period starting the 17th of September 2024 and ending today, the 16th of December 2024. Click here to learn more.
Goldman Etf Highlights
| Old Name | Goldman Sachs Defensive Equity ETF |
| Business Concentration | NASDAQ Composite Total (View all Sectors) |
| 200 Day M A | 45.5717 |
| Country Name | USA |
| 50 Day M A | 47.6923 |
| Code | GDEF |
| Updated At | 26th of June 2024 |
| Name | Goldman Sachs Defensive Equity ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01CH34L79 |
| Type | ETF |
Goldman Sachs [GDEF] is traded in USA and was established null. The fund is not classified under any group at this time. The fund currently have in assets under management (AUM).
Goldman Sachs currently holds about 5.81 M in cash with (1.83 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.36.
Check Goldman Sachs Probability Of Bankruptcy
Goldman Sachs Risk Profiles
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.
| Mean Deviation | 0.2186 | |||
| Semi Deviation | 0.1801 | |||
| Standard Deviation | 0.3071 | |||
| Variance | 0.0943 |
Goldman Sachs Against Markets
Goldman Sachs Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Goldman Sachs etf to make a market-neutral strategy. Peer analysis of Goldman Sachs could also be used in its relative valuation, which is a method of valuing Goldman Sachs by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
The market value of Goldman Sachs 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.