Guggenheim Multi-Factor Performance

Guggenheim Multi-Factor Large Cap -- USA Etf  

USD 27.25  0.00  0.00%

The etf retains Market Volatility (i.e. Beta) of 0.3213 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 extremely important to respect Guggenheim Multi-Factor current price history, it is better to be realistic regarding the information on 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 0.0093% 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  2,723  in Guggenheim Multi-Factor Large Cap on February 18, 2018 and sell it today you would earn a total of  2.00  from holding Guggenheim Multi-Factor Large Cap or generate 0.07% return on investment over 30 days. Guggenheim Multi-Factor Large Cap is currenly generating 0.0093% of daily expected returns and assumes 0.1772% risk (volatility on return distribution) over the 30 days horizon. In different words, 1% of equities are less volatile than Guggenheim Multi-Factor Large Cap and 99% 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 0.19 times more return on investment than the market. However, the company is 5.28 times less risky than the market. It trades about 0.05 of its potential returns per unit of risk. The DOW is currently generating roughly 0.0 per unit of risk.

Guggenheim Multi-Factor Daily Price Distribution

The median price of Guggenheim Multi-Factor for the period between Sun, Feb 18, 2018 and Tue, Mar 20, 2018 is 27.33 with a coefficient of variation of 3.08. The daily time series for the period is distributed with a sample standard deviation of 0.85, arithmetic mean of 27.62, and mean deviation of 0.75. The Etf received some media coverage during the period.

One Month Efficiency

Guggenheim Multi-Factor Sharpe Ratio = 0.0526
Good Returns
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Estimated Market Risk

  actual daily
 99 %
of total potential

Expected Return

  actual daily
 1 %
of total potential

Risk-Adjusted Return

  actual daily
 3 %
of total potential
Based on monthly moving average Guggenheim Multi-Factor is performing at about 3% 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.