Guggenheim Macro Opportunities Fund Price on August 23, 2021

GIOPX Fund  USD 24.34  0.02  0.08%   
Below is the normalized historical share price chart for Guggenheim Macro Opportunities extending back to May 01, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Guggenheim Macro stands at 24.34, as last reported on the 28th of March, with the highest price reaching 24.34 and the lowest price hitting 24.34 during the day.
 
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If you're considering investing in Guggenheim Mutual Fund, it is important to understand the factors that can impact its price. We consider Guggenheim Macro very steady. Guggenheim Macro Opp holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Guggenheim Macro Opp, which you can use to evaluate the volatility of the entity. Please check out Guggenheim Macro's Risk Adjusted Performance of 0.0847, market risk adjusted performance of (0.20), and Coefficient Of Variation of 517.56 to validate if the risk estimate we provide is consistent with the expected return of 0.0205%.
  
Guggenheim Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1311

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Estimated Market Risk

 0.16
  actual daily
1
99% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average Guggenheim Macro is performing at about 10% 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 Macro by adding it to a well-diversified portfolio.

Guggenheim Macro Valuation on August 23, 2021

It is possible to determine the worth of Guggenheim Macro on a given historical date. On August 23, 2021 Guggenheim was worth 25.79 at the beginning of the trading date compared to the closed value of 23.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guggenheim Macro mutual fund. Still, in general, we apply an absolute valuation method to find Guggenheim Macro's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Guggenheim Macro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guggenheim Macro's related companies.
 Open High Low Close Volume
03/14/2022
  25.79    25.79    23.07    23.07    1.00  
  25.79    25.79    23.07    23.07    1.00  
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Open Value
25.79
23.07
Closing Value
26.26
Upside

Guggenheim Macro Trading Date Momentum on August 23, 2021

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Guggenheim Macro Opp Fundamentals Correlations and Trends

By evaluating Guggenheim Macro's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Guggenheim Macro's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guggenheim financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Guggenheim Macro Mutual Fund history

Guggenheim Macro investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Guggenheim is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guggenheim Macro Opp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Guggenheim Macro stock prices may prove useful in developing a viable investing in Guggenheim Macro
The fund invests in a wide range of fixed-income and other debt and equity securities selected from a variety of sectors and credit qualities, principally corporate bonds, syndicated bank loans and other direct lending opportunities, participations in and assignments of syndicated bank loans, asset-backed securities, U.S. government and agency securities, sovereign debt securities, Eurodollar bonds and obligations, mezzanine and preferred securities, commercial paper, zero-coupon bonds, municipal securities, etc.

Guggenheim Macro Mutual Fund Technical Analysis

Guggenheim Macro technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Guggenheim Macro technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Guggenheim Macro trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Guggenheim Macro Period Price Range

Low
March 14, 2022
High

 25.79 

  

 23.07 

-2.72-10.55%

Guggenheim Macro March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Guggenheim Macro mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guggenheim Macro shares will generate the highest return on investment. By undertsting and applying Guggenheim Macro mutual fund market strength indicators, traders can identify Guggenheim Macro Opportunities entry and exit signals to maximize returns

Guggenheim Macro Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Guggenheim Macro's price direction in advance. Along with the technical and fundamental analysis of Guggenheim Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Guggenheim to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guggenheim Macro Opportunities. 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 american community survey.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Complementary Tools for Guggenheim Mutual Fund analysis

When running Guggenheim Macro's price analysis, check to measure Guggenheim Macro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Guggenheim Macro is operating at the current time. Most of Guggenheim Macro's value examination focuses on studying past and present price action to predict the probability of Guggenheim Macro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guggenheim Macro's price. Additionally, you may evaluate how the addition of Guggenheim Macro to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Guggenheim Macro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guggenheim Macro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guggenheim Macro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.