Guggenheim Mutual Fund Manager Performance Evaluation

GIOIX -  USA Fund  

USD 27.32  0.01  0.0366%

The fund retains a Market Volatility (i.e., Beta) of -0.0054, 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 Macro are expected to decrease at a much lower rate. During the bear market, Guggenheim Macro is likely to outperform the market. Even though it is essential to pay attention to Guggenheim Macro Opp 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 Macro Opp exposes twenty-one different technical indicators, which can help you to evaluate its performance.

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 Guggenheim Performance
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Over the last 90 days Guggenheim Macro Opportunities has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong forward indicators, Guggenheim Macro is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
Fifty Two Week Low26.16
Fifty Two Week High27.87
Annual Report Expense Ratio1.05%

Guggenheim Macro Relative Risk vs. Return Landscape

If you would invest  2,735  in Guggenheim Macro Opportunities on June 21, 2021 and sell it today you would lose (3.00)  from holding Guggenheim Macro Opportunities or give up 0.11% of portfolio value over 90 days. Guggenheim Macro Opportunities is currently producing negative expected returns and takes up 0.0673% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than Guggenheim, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Guggenheim Macro is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 9.29 times less risky than the market. the firm trades about -0.03 of its potential returns per unit of risk. The DOW is currently generating roughly 0.05 of returns per unit of risk over similar time horizon.

Guggenheim Macro Current Valuation

Fairly Valued
Today
27.32
19th of September 2021
Share
Please note that Guggenheim Macro's price fluctuation is very steady at this time.
Guggenheim Macro Opp retains a regular Real Value of $27.32 per share. The prevalent price of the fund is $27.32. At this time, the entity appears to be fairly valued. We determine the value of Guggenheim Macro Opp from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued assets and dropping overvalued assets since, at some point, stock prices and their ongoing real values will come together.
Our valuation method for Guggenheim Macro Opportunities is useful when determining the fair value of the Guggenheim mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Guggenheim Macro. Since Guggenheim Macro is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Guggenheim Mutual Fund. However, Guggenheim Macro's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
27.32
Real Value
27.39
Upside
Estimating the potential upside or downside of Guggenheim Macro Opportunities helps investors to forecast how Guggenheim mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Guggenheim Macro more accurately as focusing exclusively on Guggenheim Macro's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
27.2327.3027.37
Details
Hype
Prediction
LowEstimated ValueHigh
27.2527.3227.39
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
0.630.630.63
Details

Guggenheim Macro Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Guggenheim Macro's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Guggenheim Macro Opportunities, and traders can use it to determine the average amount a Guggenheim Macro's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0264

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GIOIX
Based on monthly moving average Guggenheim Macro is performing at about 0% 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 Macro by adding it to a well-diversified portfolio.

About Guggenheim Macro Performance

To evaluate Guggenheim Macro Opp Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Guggenheim Macro generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Guggenheim Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Guggenheim Macro Opp stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Guggenheim's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
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.

Things to note about Guggenheim Macro Opp

Checking the ongoing alerts about Guggenheim Macro for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Guggenheim Macro Opp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Guggenheim Macro Alerts

Equity Alerts and Improvement Suggestions

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 5.15% of its assets under management (AUM) in cash
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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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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.