Goldman Sachs Correlations

Mutual Funds USA . 
Fund . Goldman Sachs Flexible
GCLLX Fund  USD 16.73  0.01  0.06%   
The current 90-days correlation between Goldman Sachs Flexible and Goldman Sachs Clean is -0.19 (i.e., Good 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 Sachs Correlation With Market

Good diversification

The correlation between Goldman Sachs Flexible and DJI is -0.15 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Goldman Sachs Flexible and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs Flexible. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Moving together with Goldman Mutual Fund

  0.74GCEBX Goldman Sachs CleanPairCorr
  0.74GCEDX Goldman Sachs CleanPairCorr
  0.74GCEEX Goldman Sachs CleanPairCorr
  0.74GCEGX Goldman Sachs CleanPairCorr
  0.74GCEJX Goldman Sachs CleanPairCorr
  0.74GCEPX Goldman Sachs CleanPairCorr
  0.72GCICX Goldman Sachs InternPairCorr
  0.69GCIIX Goldman Sachs InternPairCorr
  0.72GCIRX Goldman Sachs InternPairCorr
  0.66GCISX Goldman Sachs InternPairCorr
  0.69GCITX Goldman Sachs InternPairCorr
  0.69GCIUX Goldman Sachs InternPairCorr
  0.66GCIAX Goldman Sachs InternPairCorr
  0.67GCMDX Goldman Sachs LocalPairCorr
  0.67GCTMX Goldman Sachs InternPairCorr
  0.68GUIRX Goldman Sachs DynamicPairCorr

Moving against Goldman Mutual Fund

  0.38GCMCX Goldman Sachs MidPairCorr
  0.36GCMTX Goldman Sachs MidPairCorr

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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
GCEBX  0.75  0.12  0.10  0.21  0.84 
(0.86)
 2.12 
(1.17)
 6.22 
GCEDX  0.75  0.12  0.10  0.22  0.87 
(0.86)
 2.12 
(1.26)
 6.29 
GCEEX  0.75  0.12  0.10  0.22  0.82 
(0.84)
 2.12 
(1.17)
 6.31 
GCEGX  0.75  0.12  0.10  0.21  0.87 
(0.86)
 2.13 
(1.27)
 6.27 
GCEJX  0.74  0.12  0.10  0.22  0.84 
(0.86)
 2.12 
(1.17)
 6.31 
GCEPX  0.75  0.12  0.10  0.22  0.83 
(0.82)
 2.12 
(1.26)
 6.21 
GCGIX  0.74  0.01  0.01  0.05  1.09 
(0.68)
 1.54 
(1.96)
 4.64 
GCFCX  0.18  0.02 (0.08) 0.63  0.06 
(0.22)
 0.43 
(0.32)
 1.08 
GCFIX  0.18  0.02 (0.07) 0.69  0.05 
(0.22)
 0.43 
(0.32)
 0.97 
GCFUX  0.18  0.03 (0.05) 2.07  0.00 
(0.22)
 0.33 
(0.32)
 0.96 

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY