Guggenheim Multi-Factor Performance

Guggenheim Multi-Factor Large Cap -- USA Etf  

USD 28.38  0.29  1.03%

The etf retains Market Volatility (i.e. Beta) of 0.4441 which attests that as returns on market increase, Guggenheim Multi-Factor returns are expected to increase less than the market. However during bear market, the loss on holding Guggenheim Multi-Factor will be expected to be smaller as well.. Although it is vital to follow to Guggenheim Multi-Factor current price history, it is good to be conservative about what you can actually do with the information regarding equity current price movements. The philosophy towards determining future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By evaluating Guggenheim Multi-Factor technical indicators you can presently evaluate if the expected return of 0.3002% will be sustainable into the future.
 Time Horizon     30 Days    Login   to change

Guggenheim Multi-Factor Relative Risk vs. Return Landscape

If you would invest  2,714  in Guggenheim Multi-Factor Large Cap on December 21, 2017 and sell it today you would earn a total of  124  from holding Guggenheim Multi-Factor Large Cap or generate 4.57% return on investment over 30 days. Guggenheim Multi-Factor Large Cap is currenly generating 0.3002% of daily expected returns and assumes 0.6485% risk (volatility on return distribution) over the 30 days horizon. In different words, 6% of equities are less volatile than Guggenheim Multi-Factor Large Cap and 95% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 30 days, Guggenheim Multi-Factor Large Cap is expected to generate 1.4 times more return on investment than the market. However, the company is 1.4 times more volatile than its market benchmark. It trades about 0.46 of its potential returns per unit of risk. The DOW is currently generating roughly 0.55 per unit of risk.

Guggenheim Multi-Factor Daily Price Distribution

The median price of Guggenheim Multi-Factor for the period between Thu, Dec 21, 2017 and Sat, Jan 20, 2018 is 27.1 with a coefficient of variation of 2.04. The daily time series for the period is distributed with a sample standard deviation of 0.56, arithmetic mean of 27.36, and mean deviation of 0.48. The Etf did not receive any noticable media coverage during the period.
30 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Guggenheim Multi-Factor Large Cap are ranked lower than 30 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

Guggenheim Multi-Factor Sharpe Ratio = 0.463
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small ReturnsGMFL
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative Returns

Estimated Market Risk

 0.65
  actual daily
 
 94 %
of total potential
  

Expected Return

 0.3
  actual daily
 
 5 %
of total potential
  

Risk-Adjusted Return

 0.46
  actual daily
 
 30 %
of total potential
  
Based on monthly moving average Guggenheim Multi-Factor is performing at about 30% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Guggenheim Multi-Factor by adding it to a well-diversified portfolio.