Guggenheim Alpha Financials
| SAOIX Fund | USD 31.90 0.20 0.63% |
Guggenheim |
Please note that past performance is not an indicator of the future performance of Guggenheim Alpha, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Guggenheim Alpha Fund Summary
Guggenheim Alpha competes with Guggenheim Alpha, Guggenheim Alpha, Guggenheim Alpha, Nuveen Equity, and Columbia Large. The fund pursues its objective by investing, under normal market conditions, in long and short positions of domestic equity and equity-related securities. It may invest in domestic equity securities, including small-, mid-, and large-capitalization securities. The fund also may invest in derivative instruments, including swaps on selected baskets of equity securities, to enable the fund to pursue its investment objective without investing directly in the securities of companies to which the fund is seeking exposure.Specialization | Long-Short Equity, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Guggenheim Investments |
| Mutual Fund Family | Guggenheim Investments |
| Mutual Fund Category | Long-Short Equity |
| Benchmark | NYSE Composite |
| Phone | 800 820 0888 |
| Currency | USD - US Dollar |
You should never invest in Guggenheim Alpha Opportunity without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Guggenheim Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Guggenheim Alpha's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Guggenheim Alpha Key Financial Ratios
Generally speaking, Guggenheim Alpha's financial ratios allow both analysts and investors to convert raw data from Guggenheim Alpha's financial statements into concise, actionable information that can be used to evaluate the performance of Guggenheim Alpha over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Guggenheim Alpha Opp reports annually and quarterly.Guggenheim Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Guggenheim Alpha's current stock value. Our valuation model uses many indicators to compare Guggenheim Alpha value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Guggenheim Alpha competition to find correlations between indicators driving Guggenheim Alpha's intrinsic value. More Info.Guggenheim Alpha Opportunity is rated top fund in price to earning among similar funds. It is rated top fund in price to book among similar funds fabricating about 0.14 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Guggenheim Alpha Opportunity is roughly 7.08 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Guggenheim Alpha by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Guggenheim Alpha's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Guggenheim Alpha's earnings, one of the primary drivers of an investment's value.Guggenheim Alpha Opp Systematic Risk
Guggenheim Alpha's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Guggenheim Alpha volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on Guggenheim Alpha Opp correlated with the market. If Beta is less than 0 Guggenheim Alpha generally moves in the opposite direction as compared to the market. If Guggenheim Alpha Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Guggenheim Alpha Opp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Guggenheim Alpha is generally in the same direction as the market. If Beta > 1 Guggenheim Alpha moves generally in the same direction as, but more than the movement of the benchmark.
Guggenheim Alpha April 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Guggenheim Alpha help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Guggenheim Alpha Opportunity. We use our internally-developed statistical techniques to arrive at the intrinsic value of Guggenheim Alpha Opportunity based on widely used predictive technical indicators. In general, we focus on analyzing Guggenheim Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Guggenheim Alpha's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4258 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 2.25 | |||
| Value At Risk | (0.66) | |||
| Potential Upside | 0.7543 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Guggenheim Alpha Opportunity. 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 gross domestic product. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.