Goldman Sachs Activebeta Etf Price on November 4, 2024
| GEM Etf | USD 32.58 0.21 0.65% |
Below is the normalized historical share price chart for Goldman Sachs ActiveBeta extending back to September 29, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Goldman Sachs stands at 32.58, as last reported on the 25th of December, with the highest price reaching 32.58 and the lowest price hitting 32.37 during the day.
If you're considering investing in Goldman Etf, it is important to understand the factors that can impact its price. Goldman Sachs ActiveBeta holds Efficiency (Sharpe) Ratio of -0.1, which attests that the entity had a -0.1% return per unit of risk over the last 3 months. Goldman Sachs ActiveBeta exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Goldman Sachs' Risk Adjusted Performance of 0.0011, standard deviation of 1.15, and Market Risk Adjusted Performance of (0.04) to validate the risk estimate we provide.
Goldman Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 16.51 | 200 Day MA 32.9021 | 1 y Volatility 11.76 | 50 Day MA 33.8336 | Inception Date 2015-09-25 |
Goldman |
Sharpe Ratio = -0.102
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GEM |
Estimated Market Risk
| 0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Goldman Sachs is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Goldman Sachs by adding Goldman Sachs to a well-diversified portfolio.
Average Mkt Cap Mil 35.3 K |
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Goldman Sachs Valuation on November 4, 2024
It is possible to determine the worth of Goldman Sachs on a given historical date. On November 4, 2024 Goldman was worth 33.37 at the beginning of the trading date compared to the closed value of 33.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Goldman Sachs etf. Still, in general, we apply an absolute valuation method to find Goldman Sachs' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Goldman Sachs where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Goldman Sachs' related companies.
| Open | High | Low | Close | Volume | |
| 33.07 | 33.28 | 32.99 | 33.02 | 72,987 | |
11/04/2024 | 33.37 | 33.46 | 33.22 | 33.22 | 49,582 |
| 33.61 | 33.74 | 33.58 | 33.66 | 52,045 |
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Goldman Sachs Trading Date Momentum on November 4, 2024
| On November 05 2024 Goldman Sachs ActiveBeta was traded for 33.66 at the closing time. Highest Goldman Sachs's price during the trading hours was 33.74 and the lowest price during the day was 33.58 . The net volume was 52 K. The overall trading history on the 5th of November contributed to the next trading period price boost. The overall trading delta to the next next day price was 1.32% . The overall trading delta to current price is 3.10% . |
Goldman Sachs ActiveBeta Fundamentals Correlations and Trends
By evaluating Goldman Sachs' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Goldman Sachs' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Goldman financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Goldman Sachs Etf history
Goldman Sachs investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Goldman is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Goldman Sachs ActiveBeta will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Goldman Sachs stock prices may prove useful in developing a viable investing in Goldman Sachs
Goldman Sachs Etf Technical Analysis
Goldman Sachs technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Goldman Sachs Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Goldman Sachs ActiveBeta cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Goldman Sachs December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Goldman Sachs etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Goldman Sachs shares will generate the highest return on investment. By undertsting and applying Goldman Sachs etf market strength indicators, traders can identify Goldman Sachs ActiveBeta entry and exit signals to maximize returns
Goldman Sachs Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Goldman Sachs' price direction in advance. Along with the technical and fundamental analysis of Goldman Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Goldman to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0011 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.05) |
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| Volume Indicators |
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 income. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.