Guggenheim Rbp Large Cap Fund Market Value

TVMCX Fund  USD 10.47  0.08  0.76%   
Guggenheim Rbp's market value is the price at which a share of Guggenheim Rbp trades on a public exchange. It measures the collective expectations of Guggenheim Rbp Large Cap investors about its performance. Guggenheim Rbp is trading at 10.47 as of the 28th of March 2024; that is -0.76 percent decrease since the beginning of the trading day. The fund's open price was 10.55.
With this module, you can estimate the performance of a buy and hold strategy of Guggenheim Rbp Large Cap and determine expected loss or profit from investing in Guggenheim Rbp over a given investment horizon. Check out Guggenheim Rbp Correlation, Guggenheim Rbp Volatility and Guggenheim Rbp Alpha and Beta module to complement your research on Guggenheim Rbp.
Symbol

Please note, there is a significant difference between Guggenheim Rbp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guggenheim Rbp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guggenheim Rbp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Guggenheim Rbp 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Guggenheim Rbp's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Guggenheim Rbp.
0.00
08/31/2023
No Change 0.00  0.0 
In 6 months and 30 days
03/28/2024
0.00
If you would invest  0.00  in Guggenheim Rbp on August 31, 2023 and sell it all today you would earn a total of 0.00 from holding Guggenheim Rbp Large Cap or generate 0.0% return on investment in Guggenheim Rbp over 210 days. Guggenheim Rbp is related to or competes with Guggenheim Directional, Guggenheim Investment, Guggenheim Investment, Guggenheim Rbp, Guggenheim Rbp, Guggenheim Rbp, and Guggenheim Rbp. The fund invests at least 80 percent of its net assets, plus the amount of borrowings for investment purposes, in securi... More

Guggenheim Rbp Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Guggenheim Rbp's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Guggenheim Rbp Large Cap upside and downside potential and time the market with a certain degree of confidence.

Guggenheim Rbp Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Guggenheim Rbp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guggenheim Rbp's standard deviation. In reality, there are many statistical measures that can use Guggenheim Rbp historical prices to predict the future Guggenheim Rbp's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Guggenheim Rbp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
9.7810.4711.16
Details
Intrinsic
Valuation
LowRealHigh
9.5510.2410.93
Details
Naive
Forecast
LowNextHigh
9.8310.5211.21
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.4210.5010.57
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Guggenheim Rbp. Your research has to be compared to or analyzed against Guggenheim Rbp's peers to derive any actionable benefits. When done correctly, Guggenheim Rbp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Guggenheim Rbp Large-cap.

Guggenheim Rbp Large-cap Backtested Returns

We consider Guggenheim Rbp very steady. Guggenheim Rbp Large-cap holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Guggenheim Rbp Large-cap, which you can use to evaluate the volatility of the entity. Please check out Guggenheim Rbp's Market Risk Adjusted Performance of (6.46), risk adjusted performance of 0.1367, and Downside Deviation of 0.5805 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. The fund retains a Market Volatility (i.e., Beta) of -0.0238, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Guggenheim Rbp are expected to decrease at a much lower rate. During the bear market, Guggenheim Rbp is likely to outperform the market.

Auto-correlation

    
  0.45  

Average predictability

Guggenheim Rbp Large Cap has average predictability. Overlapping area represents the amount of predictability between Guggenheim Rbp time series from 31st of August 2023 to 14th of December 2023 and 14th of December 2023 to 28th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Guggenheim Rbp Large-cap price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Guggenheim Rbp price fluctuation can be explain by its past prices.
Correlation Coefficient0.45
Spearman Rank Test0.46
Residual Average0.0
Price Variance0.13

Guggenheim Rbp Large-cap lagged returns against current returns

Autocorrelation, which is Guggenheim Rbp mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Guggenheim Rbp's mutual fund expected returns. We can calculate the autocorrelation of Guggenheim Rbp returns to help us make a trade decision. For example, suppose you find that Guggenheim Rbp has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Guggenheim Rbp regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Guggenheim Rbp mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guggenheim Rbp mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guggenheim Rbp mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Guggenheim Rbp Lagged Returns

When evaluating Guggenheim Rbp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guggenheim Rbp mutual fund have on its future price. Guggenheim Rbp autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Guggenheim Rbp autocorrelation shows the relationship between Guggenheim Rbp mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Guggenheim Rbp Large Cap.
   Regressed Prices   
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Guggenheim Rbp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Guggenheim Rbp's short interest history, or implied volatility extrapolated from Guggenheim Rbp options trading.

Currently Active Assets on Macroaxis

Check out Guggenheim Rbp Correlation, Guggenheim Rbp Volatility and Guggenheim Rbp Alpha and Beta module to complement your research on Guggenheim Rbp.
Note that the Guggenheim Rbp Large-cap information on this page should be used as a complementary analysis to other Guggenheim Rbp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for Guggenheim Mutual Fund analysis

When running Guggenheim Rbp's price analysis, check to measure Guggenheim Rbp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Guggenheim Rbp is operating at the current time. Most of Guggenheim Rbp's value examination focuses on studying past and present price action to predict the probability of Guggenheim Rbp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guggenheim Rbp's price. Additionally, you may evaluate how the addition of Guggenheim Rbp to your portfolios can decrease your overall portfolio volatility.
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Guggenheim Rbp technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Guggenheim Rbp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Guggenheim Rbp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...