Guggenheim Alpha Opportunity Fund Price History

SAOCX Fund  USD 18.51  0.05  0.27%   
Below is the normalized historical share price chart for Guggenheim Alpha Opportunity extending back to July 16, 2003. 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 Alpha stands at 18.51, as last reported on the 19th of April, with the highest price reaching 18.51 and the lowest price hitting 18.51 during the day.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Guggenheim Mutual Fund, it is important to understand the factors that can impact its price. We consider Guggenheim Alpha very steady. Guggenheim Alpha Opp holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Guggenheim Alpha Opp, which you can use to evaluate the volatility of the entity. Please check out Guggenheim Alpha's Downside Deviation of 0.4371, market risk adjusted performance of 0.7497, and Risk Adjusted Performance of 0.107 to validate if the risk estimate we provide is consistent with the expected return of 0.0524%.
  
Guggenheim Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1169

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Estimated Market Risk

 0.45
  actual daily
3
97% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Guggenheim Alpha is performing at about 9% 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 Alpha by adding it to a well-diversified portfolio.

Guggenheim Alpha Mutual Fund Price History Chart

There are several ways to analyze Guggenheim Alpha Opportunity Fund price data. The simplest method is using a basic Guggenheim candlestick price chart, which shows Guggenheim Alpha price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMarch 28, 202418.86
Lowest PriceFebruary 20, 202417.8

Guggenheim Alpha April 19, 2024 Mutual Fund Price Synopsis

Various analyses of Guggenheim Alpha's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Guggenheim Mutual Fund. It can be used to describe the percentage change in the price of Guggenheim Alpha from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Guggenheim Mutual Fund.
Guggenheim Alpha Price Action Indicator 0.03 
Guggenheim Alpha Price Rate Of Daily Change 1.00 

Guggenheim Alpha April 19, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Guggenheim Alpha Opportunity Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Guggenheim Alpha intraday prices and daily technical indicators to check the level of noise trading in Guggenheim Alpha Opportunity Fund and then apply it to test your longer-term investment strategies against Guggenheim.

Guggenheim Mutual Fund Price History Data

The price series of Guggenheim Alpha for the period between Sat, Jan 20, 2024 and Fri, Apr 19, 2024 has a statistical range of 1.3 with a coefficient of variation of 1.9. The price distribution for the period has arithmetic mean of 18.26. The median price for the last 90 days is 18.29. The company had dividends distributed to its stock-holders on December 21, 2017.
OpenHighLowCloseVolume
04/19/2024
 18.51  18.51  18.51  18.51 
04/18/2024 18.51  18.51  18.51  18.51  1.00 
04/17/2024 18.46  18.46  18.46  18.46  1.00 
04/16/2024 18.48  18.48  18.48  18.48  1.00 
04/15/2024 18.45  18.45  18.45  18.45  1.00 
04/12/2024 18.39  18.39  18.39  18.39  1.00 
04/11/2024 18.46  18.46  18.46  18.46  1.00 
04/10/2024 18.43  18.43  18.43  18.43  1.00 
04/09/2024 18.40  18.40  18.40  18.40  1.00 
04/08/2024 18.57  18.57  18.57  18.57  1.00 
04/05/2024 18.67  18.67  18.67  18.67  1.00 
04/04/2024 18.63  18.63  18.63  18.63  1.00 
04/03/2024 18.77  18.77  18.77  18.77  1.00 
04/02/2024 18.75  18.75  18.75  18.75  1.00 
04/01/2024 18.84  18.84  18.84  18.84  1.00 
03/28/2024 18.86  18.86  18.86  18.86  1.00 
03/27/2024 18.83  18.83  18.83  18.83  1.00 
03/26/2024 18.78  18.78  18.78  18.78  1.00 
03/25/2024 18.75  18.75  18.75  18.75  1.00 
03/22/2024 18.74  18.74  18.74  18.74  1.00 
03/21/2024 18.75  18.75  18.75  18.75  1.00 
03/20/2024 18.74  18.74  18.74  18.74  1.00 
03/19/2024 18.67  18.67  18.67  18.67  1.00 
03/18/2024 18.55  18.55  18.55  18.55  1.00 
03/15/2024 18.59  18.59  18.59  18.59  1.00 
03/14/2024 18.57  18.57  18.57  18.57  1.00 
03/13/2024 18.59  18.59  18.59  18.59  1.00 
03/12/2024 18.43  18.43  18.43  18.43  1.00 
03/11/2024 18.35  18.35  18.35  18.35  1.00 
03/08/2024 18.30  18.30  18.30  18.30  1.00 
03/07/2024 18.25  18.25  18.25  18.25  1.00 
03/06/2024 18.29  18.29  18.29  18.29  1.00 
03/05/2024 18.29  18.29  18.29  18.29  1.00 
03/04/2024 18.23  18.23  18.23  18.23  1.00 
03/01/2024 18.33  18.33  18.33  18.33  1.00 
02/29/2024 18.28  18.28  18.28  18.28  1.00 
02/28/2024 18.30  18.30  18.30  18.30  1.00 
02/27/2024 18.17  18.17  18.17  18.17  1.00 
02/26/2024 18.19  18.19  18.19  18.19  1.00 
02/23/2024 18.05  18.05  18.05  18.05  1.00 
02/22/2024 17.81  17.81  17.81  17.81  1.00 
02/21/2024 17.87  17.87  17.87  17.87  1.00 
02/20/2024 17.80  17.80  17.80  17.80  1.00 
02/16/2024 17.83  17.83  17.83  17.83  1.00 
02/15/2024 17.93  17.93  17.93  17.93  1.00 
02/14/2024 17.97  17.97  17.97  17.97  1.00 
02/13/2024 17.93  17.93  17.93  17.93  1.00 
02/12/2024 17.97  17.97  17.97  17.97  1.00 
02/09/2024 17.93  17.93  17.93  17.93  1.00 
02/08/2024 17.87  17.87  17.87  17.87  1.00 
02/07/2024 18.01  18.01  18.01  18.01  1.00 
02/06/2024 18.00  18.00  18.00  18.00  1.00 
02/05/2024 18.11  18.11  18.11  18.11  1.00 
02/02/2024 18.05  18.05  18.05  18.05  1.00 
02/01/2024 18.11  18.11  18.11  18.11  1.00 
01/31/2024 18.15  18.15  18.15  18.15  1.00 
01/30/2024 18.19  18.19  18.19  18.19  1.00 
01/29/2024 17.95  17.95  17.95  17.95  1.00 
01/26/2024 17.97  17.97  17.97  17.97  1.00 
01/25/2024 17.94  17.94  17.94  17.94  1.00 
01/24/2024 17.87  17.87  17.87  17.87  1.00 

About Guggenheim Alpha Mutual Fund history

Guggenheim Alpha 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 Alpha 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 Alpha stock prices may prove useful in developing a viable investing in Guggenheim Alpha
The fund pursues its objective by investing, under normal market conditions, in long and short positions of domestic equity and equity-related securities. It may invest in domestic equity securities, including small-, mid-, and large-capitalization securities. The fund also may invest in derivative instruments, including swaps on selected baskets of equity securities, to enable the fund to pursue its investment objective without investing directly in the securities of companies to which the fund is seeking exposure.

Guggenheim Alpha Mutual Fund Technical Analysis

Guggenheim Alpha 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.
A focus of Guggenheim Alpha technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Guggenheim Alpha 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...

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Guggenheim Alpha Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Guggenheim Alpha'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.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Guggenheim Alpha Opportunity. 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 main economic indicators.
Note that the Guggenheim Alpha Opp information on this page should be used as a complementary analysis to other Guggenheim Alpha'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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Please note, there is a significant difference between Guggenheim Alpha's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guggenheim Alpha is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guggenheim Alpha'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.