Guggenheim Municipal Financials
| GIJIX Fund | USD 11.25 0.01 0.09% |
Guggenheim |
Please note that past performance is not an indicator of the future performance of Guggenheim Municipal, 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 Municipal Fund Summary
Guggenheim Municipal competes with Guggenheim Directional, Guggenheim Directional, Guggenheim Directional, Guggenheim Rbp, and Guggenheim Rbp. The fund normally invests at least 80 percent of its assets in a diversified portfolio of municipal securities whose interest is free from federal income tax.Specialization | Muni National Long, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Guggenheim Investments |
| Mutual Fund Family | Guggenheim Investments |
| Mutual Fund Category | Muni National Long |
| Benchmark | NYSE Composite |
| Phone | 800 820 0888 |
| Currency | USD - US Dollar |
You should never invest in Guggenheim Municipal Income 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 Municipal'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 Municipal Key Financial Ratios
Generally speaking, Guggenheim Municipal's financial ratios allow both analysts and investors to convert raw data from Guggenheim Municipal's financial statements into concise, actionable information that can be used to evaluate the performance of Guggenheim Municipal 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 Municipal reports annually and quarterly.Guggenheim Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Guggenheim Municipal's current stock value. Our valuation model uses many indicators to compare Guggenheim Municipal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Guggenheim Municipal competition to find correlations between indicators driving Guggenheim Municipal's intrinsic value. More Info.Guggenheim Municipal Income is one of the top funds in price to earning among similar funds. It is one of the top funds in annual yield among similar funds . The ratio of Price To Earning to Annual Yield for Guggenheim Municipal Income is about 150,500 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Guggenheim Municipal by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Guggenheim Municipal'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 Municipal's earnings, one of the primary drivers of an investment's value.Guggenheim Municipal Systematic Risk
Guggenheim Municipal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Guggenheim Municipal 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Guggenheim Municipal correlated with the market. If Beta is less than 0 Guggenheim Municipal generally moves in the opposite direction as compared to the market. If Guggenheim Municipal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Guggenheim Municipal is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Guggenheim Municipal is generally in the same direction as the market. If Beta > 1 Guggenheim Municipal moves generally in the same direction as, but more than the movement of the benchmark.
Guggenheim Municipal April 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Guggenheim Municipal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Guggenheim Municipal Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Guggenheim Municipal Income 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 Municipal's daily price indicators and compare them against related drivers.
| Information Ratio | (0.41) | |||
| Maximum Drawdown | 1.5 | |||
| Value At Risk | (0.35) | |||
| Potential Upside | 0.3521 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guggenheim Municipal Income. 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.