Goldman Sachs Variance
| GSUS Etf | | | USD 91.90 -1.42 -1.52% |
The Variance lookup presents technical context for Goldman Sachs MarketBeta and related instruments. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools.
Risk vs Return Analysis provides context for diversified portfolio design. Additional portfolio transparency improves capital positioning. The allocation includes a position in Goldman Sachs MarketBeta across the allocation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
Goldman Sachs MarketBeta has current Variance of 0.5314. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.
Variance | = | SUM(RET DEV)2N |
| = | 0.5314 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Goldman Sachs Variance Peers Comparison
Goldman Variance Relative To Other Indicators
Goldman Sachs MarketBeta is rated
below average in variance across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category yielding
6.63 of Maximum Drawdown per Variance. For Goldman Sachs MarketBeta, Maximum Drawdown stands at
6.63 times Variance
Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.