Guggenheim Mutual Fund Quote

GIOCX -  USA Fund  

USD 27.26  0.01  0.0367%

Guggenheim Macro is trading at 27.26 as of the 20th of September 2021; that is -0.04 percent decrease since the beginning of the trading day. The fund's open price was 27.27. Guggenheim Macro has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Guggenheim Macro Opportunities are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of October 2019 and ending today, the 20th of September 2021. Click here to learn more.
 Market Performance
0 of 100
  Odds Of Distress
Less than 1

Guggenheim Macro Mutual Fund Profile

The investment seeks to provide total return, comprised of current income and capital appreciation. Guggenheim Macro is traded on NASDAQ Exchange in the United States. more on Guggenheim Macro
Guggenheim Macro Opp generates negative expected return over the last 90 days
Guggenheim Macro Opp is unlikely to experience financial distress in the next 2 years
The fund retains about 9.59% of its assets under management (AUM) in cash
Legal NameGuggenheim Macro Opportunities
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Guggenheim Macro's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Beta In Three Year0.38
Startdate30th of November 2011
Guggenheim Macro Opportunities [GIOCX] is traded in USA and was established 20th of September 2021. The fund is listed under Nontraditional Bond category and is part of Guggenheim Investments family. Guggenheim Macro Opp currently has accumulated 7.61 B in assets under management (AUM) with minimum initial investment of 2.5 K. , while the total return for the last year was -2.43%.
Check Guggenheim Macro Probability Of Bankruptcy

Instrument Allocation

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Guggenheim Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Guggenheim Macro , and the less return is expected.

Top Guggenheim Macro Opportunities Constituents

Guggenheim Macro Target Price Odds Analysis

What are Guggenheim Macro's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Guggenheim Macro jumping above the current price in 90 days from now is about 58.29%. The Guggenheim Macro Opportunities probability density function shows the probability of Guggenheim Macro mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Guggenheim Macro Opportunities has a beta of -0.0073. This usually indicates as returns on benchmark increase, returns on holding Guggenheim Macro are expected to decrease at a much lower rate. During the bear market, however, Guggenheim Macro Opportunities is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Guggenheim Macro Opp is significantly underperforming DOW.
 Odds Down 27.26HorizonTargetOdds Up 27.26 
36.32%90 days
 27.26 
58.29%
Based on a normal probability distribution, the odds of Guggenheim Macro to move above the current price in 90 days from now is about 58.29 (This Guggenheim Macro Opportunities probability density function shows the probability of Guggenheim Mutual Fund to fall within a particular range of prices over 90 days) .

Guggenheim Macro Opp Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Guggenheim Macro market risk premium is the additional return an investor will receive from holding Guggenheim Macro long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Guggenheim Macro. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Guggenheim Macro's alpha and beta are two of the key measurements used to evaluate Guggenheim Macro's performance over the market, the standard measures of volatility play an important role as well.

Guggenheim Macro Against Markets

Picking the right benchmark for Guggenheim Macro mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Guggenheim Macro mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Guggenheim Macro is critical whether you are bullish or bearish towards Guggenheim Macro Opportunities at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Guggenheim Macro without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check Risk vs Return Analysis. Note that the Guggenheim Macro Opp information on this page should be used as a complementary analysis to other Guggenheim Macro'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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Guggenheim Mutual Fund analysis

When running Guggenheim Macro Opp 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 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 Guggenheim Macro value 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.