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Bullish Case: GS's price resilience over time and recent strategic upgrades suggest upside. Institutional support implies continued confidence despite insider selling.


Bearish Case: Ongoing insider disposals and flat price action reflect potential stagnation or future declines, raising concerns over near-term performance.


Potential Outcomes: Bullish: GS maintains current levels or rallies on strategic moves (35%). Bearish: Price dips due to insider sales, flat action (55%). Neutral: Little change (10%).


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April 16, 2024


Goldman Sachs Group Forecast

GS        Goldman Sachs Group
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with GS



MFC Forecast + Options Trading Strategies   [MFC]  Manulife Financial (0.94)


FAS Forecast + Options Trading Strategies   [FAS]  Direxion Daily Financial Bull 3x Shares (0.94)


FITB Forecast + Options Trading Strategies   [FITB]  Fifth Third Bancorp (0.93)


HBAN Forecast + Options Trading Strategies   [HBAN]  Huntington Bancshares (0.93)


UDOW Forecast + Options Trading Strategies   [UDOW]  ProShares UltraPro Dow30 (0.93)



Uncorrelated Stock Forecasts

Assets with little price relationship to GS



ARWR Forecast + Options Trading Strategies   [ARWR]  Arrowhead Pharmaceuticals (-0.0)


CNK Forecast + Options Trading Strategies   [CNK]  Cinemark (0.0)


GOEV Forecast + Options Trading Strategies   [GOEV]  Canoo (-0.0)


AI Forecast + Options Trading Strategies   [AI]  C3.ai (-0.0)


ACAD Forecast + Options Trading Strategies   [ACAD]  Acadia Pharmaceuticals (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against GS



SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.88)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.88)


SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.92)


DOG Forecast + Options Trading Strategies   [DOG]  ProShares Short Dow30 (-0.92)


DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.92)





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