Goldman Sachs Etf Probability of Future Etf Price Finishing Under 48.23
| GDEF Etf | 48.49 0.00 0.00% |
Goldman |
Goldman Sachs Target Price Odds to finish below 48.23
The tendency of Goldman Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to 48.23 or more in 90 days |
| 48.49 | 90 days | 48.23 | about 75.7 |
Based on a normal probability distribution, the odds of Goldman Sachs to drop to 48.23 or more in 90 days from now is about 75.7 (This Goldman Sachs probability density function shows the probability of Goldman Etf to fall within a particular range of prices over 90 days) . Probability of Goldman Sachs price to stay between 48.23 and its current price of 48.49 at the end of the 90-day period is about 8.83 .
Given the investment horizon of 90 days Goldman Sachs has a beta of -0.0505. This usually indicates as returns on the benchmark increase, returns on holding Goldman Sachs are expected to decrease at a much lower rate. During a bear market, however, Goldman Sachs is likely to outperform the market. Additionally Goldman Sachs has an alpha of 0.0342, implying that it can generate a 0.0342 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Goldman Sachs Price Density |
| Price |
Predictive Modules for Goldman Sachs
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Goldman Sachs. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Goldman Sachs' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Goldman Sachs Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Goldman Sachs is not an exception. The market had few large corrections towards the Goldman Sachs' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Goldman Sachs, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Goldman Sachs within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 0.80 | |
Ir | Information ratio | -0.15 |
Goldman Sachs Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Goldman Sachs for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Goldman Sachs can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Goldman Sachs is not yet fully synchronised with the market data | |
| Goldman Sachs currently holds 2.61 M in liabilities with Debt to Equity (D/E) ratio of 0.52, which is about average as compared to similar companies. Goldman Sachs has a current ratio of 0.12, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Goldman Sachs until it has trouble settling it off, either with new capital or with free cash flow. So, Goldman Sachs' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Goldman Sachs sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Goldman to invest in growth at high rates of return. When we think about Goldman Sachs' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (3.58 M). | |
| 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. | |
| Roughly 60.0% of Goldman Sachs shares are owned by institutional investors |
Goldman Sachs Technical Analysis
Goldman Sachs' future price can be derived by breaking down and analyzing its technical indicators over time. Goldman Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Goldman Sachs. In general, you should focus on analyzing Goldman Etf price patterns and their correlations with different microeconomic environments and drivers.
Goldman Sachs Predictive Forecast Models
Goldman Sachs' time-series forecasting models is one of many Goldman Sachs' etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Goldman Sachs' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about Goldman Sachs
Checking the ongoing alerts about Goldman Sachs for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Goldman Sachs help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Goldman Sachs is not yet fully synchronised with the market data | |
| Goldman Sachs currently holds 2.61 M in liabilities with Debt to Equity (D/E) ratio of 0.52, which is about average as compared to similar companies. Goldman Sachs has a current ratio of 0.12, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Goldman Sachs until it has trouble settling it off, either with new capital or with free cash flow. So, Goldman Sachs' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Goldman Sachs sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Goldman to invest in growth at high rates of return. When we think about Goldman Sachs' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (3.58 M). | |
| 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. | |
| Roughly 60.0% of Goldman Sachs shares are owned by institutional investors |
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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.