Goldman Sachs Correlations
| GANPX Fund | USD 10.42 0.00 0.00% |
The current 90-days correlation between Goldman Sachs Short and Auer Growth Fund is 0.05 (i.e., Significant diversification). The correlation of Goldman Sachs is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Goldman |
Moving against Goldman Mutual Fund
Related Correlations Analysis
Risk-Adjusted Indicators
There is a big difference between Goldman Mutual Fund performing well and Goldman Sachs Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Goldman Sachs' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AUERX | 0.86 | 0.07 | 0.06 | 0.14 | 0.95 | 1.96 | 4.33 | |||
| GCIGX | 0.70 | 0.09 | 0.02 | 0.65 | 0.83 | 1.36 | 3.99 | |||
| GGRYX | 0.42 | 0.01 | (0.02) | 0.09 | 0.54 | 0.91 | 2.56 | |||
| TFAGX | 0.86 | 0.12 | 0.03 | 1.10 | 1.25 | 1.65 | 5.01 | |||
| LANIX | 0.50 | 0.07 | 0.00 | 1.10 | 0.76 | 1.01 | 3.30 | |||
| HIGCX | 0.51 | 0.00 | (0.02) | 0.08 | 0.60 | 1.19 | 3.47 | |||
| SLWGX | 0.85 | 0.16 | 0.07 | (6.03) | 1.03 | 1.94 | 5.00 | |||
| PSIJX | 1.10 | 0.03 | 0.04 | 0.10 | 1.42 | 2.72 | 6.75 |