Guggenheim Macro Opportunities Fund Price on November 15, 2019
GIOSX Fund | USD 24.36 0.02 0.08% |
Below is the normalized historical share price chart for Guggenheim Macro Opportunities extending back to March 13, 2019. 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 24.36, as last reported on the 28th of March, with the highest price reaching 24.36 and the lowest price hitting 24.36 during the day.
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 Market Risk Adjusted Performance of 0.9746, risk adjusted performance of 0.0782, and Coefficient Of Variation of 556.85 to validate if the risk estimate we provide is consistent with the expected return of 0.0204%.
Guggenheim Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Guggenheim |
Sharpe Ratio = 0.1293
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | GIOSX |
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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
MSFT | Microsoft | |
GOOG | Alphabet Class C | |
S | SentinelOne |
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.
Price Boundaries
Guggenheim Macro Period Price Range
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
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 24.36 | |||
Day Typical Price | 24.36 | |||
Price Action Indicator | 0.01 | |||
Period Momentum Indicator | 0.02 | |||
Relative Strength Index | 49.84 |
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.
Risk Adjusted Performance | 0.0782 | |||
Jensen Alpha | 0.0188 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.55) | |||
Treynor Ratio | 0.9646 |
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Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
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Volume Indicators |
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 state. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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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