Guggenheim Multi-Factor Large Cap retains Market Risk Adjusted Performance of 2.77 and Risk Adjusted Performance of 0.1701. Guggenheim Multi-Factor technical analysis makes it possible for you to employ historical prices and volume momentum with intention to determine a pattern that calculates the direction of the entity future prices. In other words you can use this information to find out if the entity will indeed mirror its model of historical price patterns or the prices will eventually revert. We found nineteen technical drivers for Guggenheim Multi-Factor which can be compared to its competitors. Please check out Guggenheim Multi-Factor Variance as well as the relationship between Maximum Drawdown and Semi Variance to decide if Guggenheim Multi-Factor is priced fairly providing market reflects its last-minute price of 28.38 per share.
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Guggenheim Multi-Factor Technical Analysis
Guggenheim Multi-Factor Trend AnalysisUse this graph to draw trend lines for Guggenheim Multi-Factor Large Cap. You can use it to identify possible trend reversals for Guggenheim Multi-Factor as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Guggenheim Multi-Factor price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Guggenheim Multi-Factor Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Guggenheim Multi-Factor Large Cap applied against its price change over selected period. The best fit line has a slop of 0.11 % which means Guggenheim Multi-Factor Large Cap will continue generating value for investors. It has 34 observation points and a regression sum of squares at 9.44, which is the sum of squared deviations for the predicted Guggenheim Multi-Factor price change compared to its average price change.
Guggenheim Multi-Factor Large Cap is one of the top ETFs in mean deviation as compared to similar ETFs. It is currently under evaluation in standard deviation as compared to similar ETFs creating about 1.39 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Guggenheim Multi-Factor Large Cap is roughly 1.39