Guggenheim Mid Cap Fund Technical Analysis
| SEVPX Fund | USD 37.38 0.14 0.37% |
As of the 17th of April 2024, Guggenheim Mid retains the Risk Adjusted Performance of 0.034, downside deviation of 0.9267, and Market Risk Adjusted Performance of 0.0366. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Guggenheim Mid Cap, as well as the relationship between them. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Guggenheim Mid Cap, which can be compared to its competitors. Please check out Guggenheim Mid Cap downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if Guggenheim Mid is priced fairly, providing market reflects its last-minute price of 37.38 per share.
Guggenheim Mid Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Guggenheim, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GuggenheimGuggenheim |
Guggenheim Mid 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.
Guggenheim Mid Cap Technical Analysis
The output start index for this execution was fifteen with a total number of output elements of fourty-six. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Guggenheim Mid Cap volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Guggenheim Mid Cap Trend Analysis
Use this graph to draw trend lines for Guggenheim Mid Cap. You can use it to identify possible trend reversals for Guggenheim Mid as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Guggenheim Mid price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Guggenheim Mid Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Guggenheim Mid Cap applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Guggenheim Mid Cap will continue generating value for investors. It has 122 observation points and a regression sum of squares at 62.64, which is the sum of squared deviations for the predicted Guggenheim Mid price change compared to its average price change.About Guggenheim Mid Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Guggenheim Mid Cap on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Guggenheim Mid Cap based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Guggenheim Mid Cap price pattern first instead of the macroeconomic environment surrounding Guggenheim Mid Cap. By analyzing Guggenheim Mid's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Guggenheim Mid's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Guggenheim Mid specific price patterns or momentum indicators. Please read more on our technical analysis page.
Guggenheim Mid April 17, 2024 Technical Indicators
Most technical analysis of Guggenheim help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Guggenheim from various momentum indicators to cycle indicators. When you analyze Guggenheim charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.034 | |||
| Market Risk Adjusted Performance | 0.0366 | |||
| Mean Deviation | 0.7032 | |||
| Semi Deviation | 0.8866 | |||
| Downside Deviation | 0.9267 | |||
| Coefficient Of Variation | 2022.4 | |||
| Standard Deviation | 0.8837 | |||
| Variance | 0.781 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0266 | |||
| Maximum Drawdown | 4.43 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 1.35 | |||
| Downside Variance | 0.8588 | |||
| Semi Variance | 0.786 | |||
| Expected Short fall | (0.73) | |||
| Skewness | (0.35) | |||
| Kurtosis | 0.5857 |
Guggenheim Mid Cap One Year Return
Based on the recorded statements, Guggenheim Mid Cap has an One Year Return of 10.9728%. This is 290.49% higher than that of the Guggenheim Investments family and significantly higher than that of the Mid-Cap Value category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Guggenheim Mid Cap. 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.