Guggenheim Risk Managed Fund Price on April 11, 2024
| GURAX Fund | USD 29.44 0.38 1.31% |
Below is the normalized historical share price chart for Guggenheim Risk Managed extending back to March 27, 2014. 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 Risk stands at 29.44, as last reported on the 2nd of May, with the highest price reaching 29.44 and the lowest price hitting 29.44 during the day.
If you're considering investing in Guggenheim Mutual Fund, it is important to understand the factors that can impact its price. Guggenheim Risk Managed holds Efficiency (Sharpe) Ratio of -0.0521, which attests that the entity had a -0.0521% return per unit of risk over the last 3 months. Guggenheim Risk Managed exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Guggenheim Risk's Risk Adjusted Performance of (0.03), market risk adjusted performance of (0.04), and Standard Deviation of 1.03 to validate the risk estimate we provide.
Guggenheim Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Guggenheim |
Sharpe Ratio = -0.0521
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GURAX |
Estimated Market Risk
| 1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Guggenheim Risk is not performing at its full potential. However, 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 Risk by adding Guggenheim Risk to a well-diversified portfolio.
Guggenheim Risk Valuation on April 11, 2024
It is possible to determine the worth of Guggenheim Risk on a given historical date. On April 11, 2024 Guggenheim was worth 30.09 at the beginning of the trading date compared to the closed value of 30.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guggenheim Risk mutual fund. Still, in general, we apply an absolute valuation method to find Guggenheim Risk'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 Risk where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guggenheim Risk's related companies.
| Open | High | Low | Close | Volume | |
| 30.05 | 30.05 | 30.05 | 30.05 | 1.00 | |
04/11/2024 | 30.09 | 30.09 | 30.09 | 30.09 | 1.00 |
| 29.77 | 29.77 | 29.77 | 29.77 | 1.00 |
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Guggenheim Risk Trading Date Momentum on April 11, 2024
| On April 12 2024 Guggenheim Risk Managed was traded for 29.77 at the closing time. The highest daily price throughout the period was 29.77 and the lowest price was 29.77 . There was no trading activity during the period 1.0. Lack of trading volume on 04/12/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.06% . The overall trading delta to current closing price is 3.39% . |
Guggenheim Risk Managed Fundamentals Correlations and Trends
By evaluating Guggenheim Risk'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 Risk'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 Risk Mutual Fund history
Guggenheim Risk 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 Risk Managed 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 Risk stock prices may prove useful in developing a viable investing in Guggenheim Risk
The fund normally invests at least 80 percent of its assets in long and short equity securities of issuers primarily engaged in the real estate industry, such as real estate investment trusts and equity-like securities, including individual securities, exchange-traded funds and derivatives, giving exposure to issuers primarily engaged in the real estate industry.
Guggenheim Risk Mutual Fund Technical Analysis
Guggenheim Risk 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 Risk Period Price Range
Low | April 11, 2024
| High |
30.09 | 30.09 |
Guggenheim Risk May 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Guggenheim Risk 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 Risk shares will generate the highest return on investment. By undertsting and applying Guggenheim Risk mutual fund market strength indicators, traders can identify Guggenheim Risk Managed entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 30.09 | |||
| Day Typical Price | 30.09 | |||
| Period Momentum Indicator | (0.65) | |||
| Relative Strength Index | 30.62 |
Guggenheim Risk Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guggenheim Risk'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 | (0.03) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.05) |
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guggenheim Risk Managed. 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 nation. Note that the Guggenheim Risk Managed information on this page should be used as a complementary analysis to other Guggenheim Risk'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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.