GINN 📈 Goldman Sachs Innovate - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US38149W8203 • Technology
GINN: Artificial Intelligence, Cloud Computing, Cybersecurity, Internet of Things, 5G
The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its index, in depositary receipts representing securities included in its index and in underlying stocks in respect of depositary receipts included in its index. The index is designed to deliver exposure to companies that may benefit from technological innovation and the resulting changes in the economy across five key themes that are potential drivers of changes in the economy.
Additional Sources for GINN ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
GINN ETF Overview
| Market Cap in USD | 285m |
| Category | Technology |
| TER | 0.52% |
| IPO / Inception | 2020-11-09 |
GINN ETF Ratings
| Growth 5y | 25.1% |
| Fundamental | - |
| Dividend | 42.5% |
| Rel. Strength Industry | -17.1 |
| Analysts | - |
| Fair Price Momentum | 58.84 USD |
| Fair Price DCF | - |
GINN Dividends
| Dividend Yield 12m | 0.84% |
| Yield on Cost 5y | 1.08% |
| Annual Growth 5y | 90.97% |
| Payout Consistency | 73.2% |
GINN Growth Ratios
| Growth Correlation 3m | 84.3% |
| Growth Correlation 12m | 93.6% |
| Growth Correlation 5y | -6.6% |
| CAGR 5y | 6.13% |
| CAGR/Mean DD 5y | 0.37 |
| Sharpe Ratio 12m | 1.01 |
| Alpha | -8.72 |
| Beta | 1.17 |
| Volatility | 23.27% |
| Current Volume | 4.1k |
| Average Volume 20d | 10.7k |
What is the price of GINN stocks?
As of December 22, 2024, the stock is trading at USD 63.01 with a total of 4,133 shares traded.
Over the past week, the price has changed by -2.46%, over one month by +0.72%, over three months by +5.58% and over the past year by +22.75%.
As of December 22, 2024, the stock is trading at USD 63.01 with a total of 4,133 shares traded.
Over the past week, the price has changed by -2.46%, over one month by +0.72%, over three months by +5.58% and over the past year by +22.75%.
Is Goldman Sachs Innovate a good stock to buy?
Neither. Based on ValueRay Analyses, Goldman Sachs Innovate is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of 25.11 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of GINN as of December 2024 is 58.84. This means that GINN is currently overvalued and has a potential downside of -6.62%.
Neither. Based on ValueRay Analyses, Goldman Sachs Innovate is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of 25.11 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of GINN as of December 2024 is 58.84. This means that GINN is currently overvalued and has a potential downside of -6.62%.
Is GINN a buy, sell or hold?
Goldman Sachs Innovate has no consensus analysts rating.
Goldman Sachs Innovate has no consensus analysts rating.
What are the forecast for GINN stock price target?
According to ValueRays Forecast Model, GINN Goldman Sachs Innovate will be worth about 65.8 in December 2025. The stock is currently trading at 63.01. This means that the stock has a potential upside of +4.4%.
According to ValueRays Forecast Model, GINN Goldman Sachs Innovate will be worth about 65.8 in December 2025. The stock is currently trading at 63.01. This means that the stock has a potential upside of +4.4%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 65.8 | 4.4% |