Goldman Sachs Correlations
| FOSXX Fund | USD 1.00 0.00 0.00% |
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 |
Related Correlations Analysis
| 0.95 | 0.97 | 0.95 | 0.98 | 0.98 | ABNYX | ||
| 0.95 | 0.93 | 1.0 | 0.96 | 0.94 | AUNCX | ||
| 0.97 | 0.93 | 0.94 | 0.98 | 1.0 | AIADX | ||
| 0.95 | 1.0 | 0.94 | 0.97 | 0.95 | AUNTX | ||
| 0.98 | 0.96 | 0.98 | 0.97 | 0.98 | LIFAX | ||
| 0.98 | 0.94 | 1.0 | 0.95 | 0.98 | TCILX | ||
Risk-Adjusted Indicators
There is a big difference between Goldman Money Market Fund performing well and Goldman Sachs Money Market 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ABNYX | 0.12 | 0.03 | (0.37) | 2.58 | 0.00 | 0.29 | 0.76 | |||
| AUNCX | 0.09 | 0.02 | (0.66) | (1.53) | 0.00 | 0.19 | 0.38 | |||
| AIADX | 0.18 | 0.03 | (0.30) | 1.00 | 0.00 | 0.38 | 0.85 | |||
| AUNTX | 0.10 | 0.02 | (0.59) | (3.10) | 0.00 | 0.19 | 0.47 | |||
| LIFAX | 0.11 | 0.03 | (0.43) | 1.72 | 0.00 | 0.34 | 0.68 | |||
| TCILX | 0.14 | 0.03 | (0.32) | 1.13 | 0.00 | 0.29 | 0.78 |