Goldman Sachs (Brazil) Market Value

GSGI34 Stock  BRL 122.20  4.18  3.54%   
Goldman Sachs' market value is the price at which a share of Goldman Sachs trades on a public exchange. It measures the collective expectations of The Goldman Sachs investors about its performance. Goldman Sachs is trading at 122.20 as of the 12th of December 2024, a 3.54 percent increase since the beginning of the trading day. The stock's open price was 118.02.
With this module, you can estimate the performance of a buy and hold strategy of The Goldman Sachs and determine expected loss or profit from investing in Goldman Sachs over a given investment horizon. Check out Goldman Sachs Correlation, Goldman Sachs Volatility and Goldman Sachs Alpha and Beta module to complement your research on Goldman Sachs.
Symbol

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.

Goldman Sachs 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Goldman Sachs' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Goldman Sachs.
0.00
10/13/2024
No Change 0.00  0.0 
In 2 months and 2 days
12/12/2024
0.00
If you would invest  0.00  in Goldman Sachs on October 13, 2024 and sell it all today you would earn a total of 0.00 from holding The Goldman Sachs or generate 0.0% return on investment in Goldman Sachs over 60 days. Goldman Sachs is related to or competes with Credit Acceptance, Paycom Software, Prudential Financial, Bio Techne, Electronic Arts, and Ameriprise Financial. Goldman Sachs International provides financial services worldwide More

Goldman Sachs Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Goldman Sachs' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess The Goldman Sachs upside and downside potential and time the market with a certain degree of confidence.

Goldman Sachs Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Goldman Sachs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Goldman Sachs' standard deviation. In reality, there are many statistical measures that can use Goldman Sachs historical prices to predict the future Goldman Sachs' volatility.
Hype
Prediction
LowEstimatedHigh
119.84122.20124.56
Details
Intrinsic
Valuation
LowRealHigh
109.98130.26132.62
Details
Naive
Forecast
LowNextHigh
117.64120.00122.37
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
114.82119.98125.14
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Goldman Sachs. Your research has to be compared to or analyzed against Goldman Sachs' peers to derive any actionable benefits. When done correctly, Goldman Sachs' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Goldman Sachs.

Goldman Sachs Backtested Returns

Goldman Sachs appears to be very steady, given 3 months investment horizon. Goldman Sachs holds Efficiency (Sharpe) Ratio of 0.23, which attests that the entity had a 0.23% return per unit of risk over the last 3 months. By evaluating Goldman Sachs' technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please utilize Goldman Sachs' Risk Adjusted Performance of 0.1517, downside deviation of 1.73, and Market Risk Adjusted Performance of 3.24 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Goldman Sachs holds a performance score of 18. The company retains a Market Volatility (i.e., Beta) of 0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Goldman Sachs' returns are expected to increase less than the market. However, during the bear market, the loss of holding Goldman Sachs is expected to be smaller as well. Please check Goldman Sachs' coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Goldman Sachs' current trending patterns will revert.

Auto-correlation

    
  0.46  

Average predictability

The Goldman Sachs has average predictability. Overlapping area represents the amount of predictability between Goldman Sachs time series from 13th of October 2024 to 12th of November 2024 and 12th of November 2024 to 12th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Goldman Sachs price movement. The serial correlation of 0.46 indicates that about 46.0% of current Goldman Sachs price fluctuation can be explain by its past prices.
Correlation Coefficient0.46
Spearman Rank Test0.31
Residual Average0.0
Price Variance13.4

Goldman Sachs lagged returns against current returns

Autocorrelation, which is Goldman Sachs stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Goldman Sachs' stock expected returns. We can calculate the autocorrelation of Goldman Sachs returns to help us make a trade decision. For example, suppose you find that Goldman Sachs has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Goldman Sachs regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Goldman Sachs stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Goldman Sachs stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Goldman Sachs stock over time.
   Current vs Lagged Prices   
       Timeline  

Goldman Sachs Lagged Returns

When evaluating Goldman Sachs' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Goldman Sachs stock have on its future price. Goldman Sachs autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Goldman Sachs autocorrelation shows the relationship between Goldman Sachs stock current value and its past values and can show if there is a momentum factor associated with investing in The Goldman Sachs.
   Regressed Prices   
       Timeline  

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Goldman Stock

Goldman Sachs financial ratios help investors to determine whether Goldman Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Goldman with respect to the benefits of owning Goldman Sachs security.