Guggenheim Mutual Fund Market Value

GIKRX -  USA Fund  

USD 25.30  0.03  0.12%

Guggenheim Limited's market value is the price at which a share of Guggenheim Limited stock trades on a public exchange. It measures the collective expectations of Guggenheim Limited Duration investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Guggenheim Limited Duration and determine expected loss or profit from investing in Guggenheim Limited over a given investment horizon. Please check Guggenheim Limited Hype Analysis, Guggenheim Limited Correlation, Portfolio Optimization, Guggenheim Limited Volatility, as well as analyze Guggenheim Limited Alpha and Beta and Guggenheim Limited Performance.
Symbol
Backtest

Please note, there is a significant difference between Guggenheim Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine Guggenheim Limited value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guggenheim Limited'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.

Guggenheim Limited 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Guggenheim Limited's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Guggenheim Limited.
0.00
01/27/2021
No Change 0.00  0.0 
In 8 months and 28 days
10/24/2021
0.00
If you would invest  0.00  in Guggenheim Limited on January 27, 2021 and sell it all today you would earn a total of 0.00 from holding Guggenheim Limited Duration or generate 0.0% return on investment in Guggenheim Limited over 270 days. Guggenheim Limited is related to or competes with Vanguard Short-Term. The investment seeks to provide a high level of income consistent with preservation of capital

Guggenheim Limited Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Guggenheim Limited's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Guggenheim Limited Duration upside and downside potential and time the market with a certain degree of confidence.

Guggenheim Limited Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Guggenheim Limited's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guggenheim Limited's standard deviation. In reality, there are many statistical measures that can use Guggenheim Limited historical prices to predict the future Guggenheim Limited's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Guggenheim Limited's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Guggenheim Limited in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
25.2525.3025.35
Details
Intrinsic
Valuation
LowReal ValueHigh
22.7727.6027.65
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Naive
Forecast
LowNext ValueHigh
25.2425.3025.35
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
25.2825.3325.37
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Guggenheim Limited. Your research has to be compared to or analyzed against Guggenheim Limited's peers to derive any actionable benefits. When done correctly, Guggenheim Limited's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Guggenheim Limited.

Guggenheim Limited Backtested Returns

Guggenheim Limited holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had -0.13% of return per unit of risk over the last 3 months. Macroaxis standpoint towards determining the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Guggenheim Limited exposes twenty-six different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Guggenheim Limited market risk adjusted performance of 19.4, and Risk Adjusted Performance of (0.33) to validate the risk estimate we provide.
The fund retains a Market Volatility (i.e., Beta) of -0.0011, which attests to not very significant fluctuations relative to the market. Let's try to break down what Guggenheim's beta means in this case. As returns on the market increase, returns on owning Guggenheim Limited are expected to decrease at a much lower rate. During the bear market, Guggenheim Limited is likely to outperform the market. Even though it is essential to pay attention to Guggenheim Limited current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Guggenheim Limited exposes twenty-six different technical indicators, which can help you to evaluate its performance.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.72)   

Almost perfect reverse predictability

Guggenheim Limited Duration has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Guggenheim Limited time series from 27th of January 2021 to 11th of June 2021 and 11th of June 2021 to 24th of October 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Guggenheim Limited price movement. The serial correlation of -0.72 indicates that around 72.0% of current Guggenheim Limited price fluctuation can be explain by its past prices. Given that Guggenheim Limited Duration has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Guggenheim Limited for similar time interval.
Correlation Coefficient-0.72
Spearman Rank Test0.04
Residual Average0.0
Price Variance0.0

Guggenheim Limited lagged returns against current returns

Autocorrelation, which is Guggenheim Limited mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Guggenheim Limited's mutual fund expected returns. We can calculate the autocorrelation of Guggenheim Limited returns to help us make a trade decision. For example, suppose you find that Guggenheim Limited mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Guggenheim Limited regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Guggenheim Limited mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guggenheim Limited mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guggenheim Limited mutual fund over time.
 Current vs Lagged Prices 
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      Timeline 

Guggenheim Limited Lagged Returns

When evaluating Guggenheim Limited's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guggenheim Limited mutual fund have on its future price. Guggenheim Limited autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Guggenheim Limited autocorrelation shows the relationship between Guggenheim Limited mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Guggenheim Limited Duration.
 Regressed Prices 
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      Timeline 

Guggenheim Limited Investors Sentiment

The influence of Guggenheim Limited's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Guggenheim. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - GIKRX

Guggenheim Limited Investor Sentiment

Macroaxis portfolio users are indifferent in their judgment towards investing in Guggenheim Limited Duration. What is your judgment towards investing in Guggenheim Limited Duration? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
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Please check Guggenheim Limited Hype Analysis, Guggenheim Limited Correlation, Portfolio Optimization, Guggenheim Limited Volatility, as well as analyze Guggenheim Limited Alpha and Beta and Guggenheim Limited Performance. Note that the Guggenheim Limited information on this page should be used as a complementary analysis to other Guggenheim Limited'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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running Guggenheim Limited price analysis, check to measure Guggenheim Limited'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 Limited is operating at the current time. Most of Guggenheim Limited's value examination focuses on studying past and present price action to predict the probability of Guggenheim Limited's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Guggenheim Limited's price. Additionally, you may evaluate how the addition of Guggenheim Limited to your portfolios can decrease your overall portfolio volatility.
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Guggenheim Limited 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, stock market cycles, or different charting patterns.
A focus of Guggenheim Limited technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Guggenheim Limited 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...