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GSAEX Goldman Sachs China Equity Inv Forecast, Technical & Fundamental Analysis

A.I.Advisor
published Highlights

Industry description

The investment seeks long-term capital appreciation. The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes ("Net Assets") in a diversified portfolio of equity investments in issuers economically tied to China. The manager expects to invest primarily in common stocks, but may also invest in depositary receipts. This may include securities that trade in local Chinese, Hong Kong, or other foreign exchanges and securities that trade in Renminbi (“RMB”), the official currency of China.

Market Cap

The average market capitalization across the Goldman Sachs China Equity Inv MF is 211.35B. The market cap for tickers in the group ranges from 214.29B to 434.35B. TCTZF holds the highest valuation in this group at 434.35B. The lowest valued company is BABAF at 214.29B.

Volume

The average weekly volume growth across all stocks in the Goldman Sachs China Equity Inv MF was 15%. For the same stocks of the MF, the average monthly volume growth was 18% and the average quarterly volume growth was 60%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 63
P/E Growth Rating: 58
Price Growth Rating: 53
SMR Rating: 65
Profit Risk Rating: 95
Seasonality Score: -57 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category PacificAsiaexJapanStk

Profile
Fundamentals
Details
Category
China Region
Address
Goldman Sachs Trust71 South Wacker DriveChicago
Phone
3126554400
Web
www.goldmansachsfunds.com
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GSAEX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, GSAEX has been closely correlated with FIQFX. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if GSAEX jumps, then FIQFX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GSAEX
1D Price
Change %
GSAEX100%
N/A
FIQFX - GSAEX
85%
Closely correlated
-0.51%
FHKCX - GSAEX
27%
Poorly correlated
-0.51%
FHKIX - GSAEX
27%
Poorly correlated
-0.51%
FHKTX - GSAEX
27%
Poorly correlated
-0.52%
FHKAX - GSAEX
27%
Poorly correlated
-0.52%