Guidepath Managed Futures Fund Quote
| GPMFX Fund | USD 9.04 0.07 0.78% |
Performance28 of 100
| Odds Of DistressLess than 12
|
Guidepath(r) Managed is trading at 9.04 as of the 16th of April 2024; that is 0.78 percent up since the beginning of the trading day. The fund's open price was 8.97. Guidepath(r) Managed has less than a 12 % chance of experiencing some financial distress in the next two years of operation and had a strong performance during the last 90 days. Equity ratings for Guidepath Managed Futures are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of January 2024 and ending today, the 16th of April 2024. Click here to learn more.
Under normal market conditions, the fund seeks exposure to various asset classes, which may vary significantly over time but is generally expected to include exposure to equity markets, bond markets, interest rates, commodities, and currencies. The sub-advisor uses proprietary quantitative models to identify price trends in equity, fixed income, and currency and commodity instruments across time periods of various lengths.. More on Guidepath Managed Futures
Moving together with Guidepath(r) Mutual Fund
| 1.0 | GIFMX | Guidepath Managed Futures | PairCorr |
| 0.98 | GPICX | Guidepath Conservative | PairCorr |
| 0.91 | GPIGX | Guidepath Growth And | PairCorr |
Guidepath(r) Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Guidepath(r) Managed's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Guidepath(r) Managed or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Exotic Funds (View all Themes) |
| Fund Concentration | GuidePath Funds, Large Blend Funds, Systematic Trend Funds, Exotic Funds, Systematic Trend, GuidePath, Large Blend, Systematic Trend (View all Sectors) |
| Update Date | 31st of March 2024 |
Guidepath Managed Futures [GPMFX] is traded in USA and was established 16th of April 2024. Guidepath(r) Managed is listed under GuidePath category by Fama And French industry classification. The fund is listed under Systematic Trend category and is part of GuidePath family. The entity is thematically classified as Exotic Funds. This fund currently has accumulated 141.21 M in assets under management (AUM) with no minimum investment requirementsGuidepath Managed Futures is currently producing year-to-date (YTD) return of 10.21% with the current yeild of 0.0%, while the total return for the last 3 years was 10.23%.
Check Guidepath(r) Managed Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Guidepath(r) Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Guidepath(r) Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Guidepath Managed Futures Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Guidepath(r) Managed Target Price Odds Analysis
Based on a normal probability distribution, the odds of Guidepath(r) Managed jumping above the current price in 90 days from now is under 4%. The Guidepath Managed Futures probability density function shows the probability of Guidepath(r) Managed mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Guidepath(r) Managed has a beta of 0.4871. This usually indicates as returns on the market go up, Guidepath(r) Managed average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Guidepath Managed Futures will be expected to be much smaller as well. Additionally, guidepath Managed Futures has an alpha of 0.1418, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Guidepath(r) Managed to move above the current price in 90 days from now is under 4 (This Guidepath Managed Futures probability density function shows the probability of Guidepath(r) Mutual Fund to fall within a particular range of prices over 90 days) .
Guidepath Managed Futures Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Guidepath(r) Managed market risk premium is the additional return an investor will receive from holding Guidepath(r) Managed long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Guidepath(r) Managed. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Guidepath(r) Managed's alpha and beta are two of the key measurements used to evaluate Guidepath(r) Managed's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4474 | |||
| Semi Deviation | 0.15 | |||
| Standard Deviation | 0.5646 | |||
| Variance | 0.3188 |
Guidepath(r) Managed Against Markets
Picking the right benchmark for Guidepath(r) Managed mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Guidepath(r) Managed mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Guidepath(r) Managed is critical whether you are bullish or bearish towards Guidepath Managed Futures at a given time. Please also check how Guidepath(r) Managed's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Guidepath(r) Managed without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Guidepath(r) Mutual Fund?
Before investing in Guidepath(r) Managed, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Guidepath(r) Managed. To buy Guidepath(r) Managed fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Guidepath(r) Managed. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Guidepath(r) Managed fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Guidepath Managed Futures fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Guidepath Managed Futures fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Guidepath Managed Futures, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Guidepath Managed Futures?
The danger of trading Guidepath Managed Futures is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Guidepath(r) Managed is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Guidepath(r) Managed. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Guidepath Managed Futures is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guidepath Managed Futures. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Guidepath Managed Futures information on this page should be used as a complementary analysis to other Guidepath(r) Managed'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 Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.