(GSSC) Goldman Sachs ActiveBeta - Ratings and Ratios

The Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (GSSC) is designed to provide broad exposure to the small-cap U.S. equity market, targeting a specific segment of the market that is often associated with higher growth potential. By investing at least 80% of its assets in the securities that comprise its underlying index, or in depositary receipts and underlying stocks that represent these securities, the fund aims to replicate the performance of its benchmark index.

As a Small Blend ETF, GSSC is poised to capitalize on the growth prospects of smaller U.S. companies, blending value and growth-oriented stocks to create a diversified portfolio. The funds underlying index is constructed to capture the essence of the small-cap U.S. equity universe, potentially offering investors a versatile investment vehicle that can be used to build a comprehensive equity portfolio.

From a technical analysis perspective, the current price of $68.17 is above its 20-day and 50-day Simple Moving Averages (SMA20: $66.66, SMA50: $64.45), indicating a positive short-term trend. The 200-day SMA ($67.38) is also below the current price, suggesting that the fund is in an uptrend over the longer term. With an Average True Range (ATR) of 0.90, or 1.32% of its current price, the fund is experiencing moderate volatility. Given these technical indicators, and considering the fund is currently above its 200-day SMA, a plausible forecast is that GSSC may continue its upward trajectory, potentially targeting the upper end of its 52-week range ($75.32).

Fundamentally, the funds Assets Under Management (AUM) stand at $540.73 million, indicating a reasonable scale for an ETF of its type. As the U.S. small-cap market continues to evolve, the fund is well-positioned to adapt, given its diverse portfolio and systematic investment approach. By combining the insights from the technical and fundamental data, a forecast can be made that GSSC is likely to remain a viable investment option for those seeking exposure to U.S. small-cap equities, potentially continuing to grow in line with the broader market trends and the underlying health of the small-cap issuers it tracks.

Looking ahead, if the trend of the U.S. small-cap market continues positively, and considering the current technical and fundamental indicators, a potential target for GSSC could be a price near $72, representing a 5.6% increase from its current price. This projection is based on the funds current uptrend, its position relative to key moving averages, and its underlying exposure to the small-cap segment of the U.S. equity market.