Goldman Sachs is trading at 119.01 as of the 28th of November 2024, a 0.31 percent decrease since the beginning of the trading day. The etf's open price was 119.38. Goldman Sachs has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Goldman Sachs ActiveBeta are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
The index is designed to deliver exposure to equity securities of large capitalization U.S. issuers. GS Activebeta is traded on NYSEARCA Exchange in the United States. More on Goldman Sachs ActiveBeta
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
Currency Code
USD
Open Figi
BBG00B0SKXX2
In Threey Volatility
17.01
1y Volatility
11.59
200 Day M A
107.02
50 Day M A
114.4
Code
GSLC
Updated At
27th of November 2024
Currency Name
US Dollar
Goldman Sachs ActiveBeta [GSLC] is traded in USA and was established 2015-09-17. The fund is listed under Large Blend category and is part of Goldman Sachs family. The entity is thematically classified as Size And Style ETFs. Goldman Sachs ActiveBeta currently have 10.49 B in assets under management (AUM). , while the total return for the last 3 years was 10.5%.
Check Goldman Sachs Probability Of Bankruptcy
Geographic 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 Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Goldman Etf, 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 ActiveBeta Etf, 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.
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.
When determining whether Goldman Sachs ActiveBeta offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Goldman Sachs' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Goldman Sachs Activebeta Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Goldman Sachs Activebeta Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs ActiveBeta. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
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The market value of Goldman Sachs ActiveBeta 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.