Search Results for: risk

Risk-Adjusted Returns – Bitcoin, S&P 500, Commodities and Gold Bitcoin’s risk-adjusted return has tended to beat equities, commodities and gold in recent years. Image: J.P. Morgan

Risky vs. Safe Assets Fund Flows Risky vs. safe assets fund flows have turned negative. Image: Goldman Sachs Global Investment Research

Risk Appetite Indicator Level – Drawdowns and Up Moves Time to reduce risk? When the Risk Appetite Indicator (RAI) level is above 1, near-term returns tend to be lower on average, with larger drawdowns. Image: Goldman Sachs Global Investment Research

Risk Appetite Indicator Level and Momentum Factors The GS risk appetite indicator remains significantly in positive territory. Image: Goldman Sachs Global Investment Research

S&P 500 Equity Risk Premium (ERP) Goldman Sachs forecasts the ERP will fall to 4.6% this year and 4.3% in 2022. Image: Goldman Sachs Global Investment Research

S&P 500 Equity Risk Premium (Using Breakevens) Today, the S&P 500 equity risk premium is much lower than it was in March 2020. Is a drawdown on the horizon? Image: Morgan Stanley Research

S&P 500 Equity Risk Premium – Consensus Bottoms Up Earnings Yield – 10-Year Treasury Yield As low real yields are driving investors to equities, could stocks continue to rise if the equity risk premium falls to 3%? Image: Morgan Stanley Research

Global Market Implied Equity Risk Premiums Equity risk premiums are still elevated. An improvement in growth expectations and falling uncertainty should compress ERPs. Image: Goldman Sachs Global Investment Research

Risk Appetite Indicator for Different Asset Classes The risk-on environment is back, as investor sentiment is improving. Image: Goldman Sachs Global Investment Research

Global PMI and Risk Appetite Indicator When global PMIs are above 50 and rising, risk appetite has been mostly positive. Image: Goldman Sachs Global Investment Research