Guggenheim Mutual Fund Technical Analysis

GIOSX -  USA Fund  

USD 27.33  0.02  0.07%

As of the 29th of July, Guggenheim Macro retains the market risk adjusted performance of (0.22), and Risk Adjusted Performance of (0.11). Guggenheim Macro technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. 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 are able to interpolate and collect nineteen technical drivers for Guggenheim Macro Opp, which can be compared to its competitors. Please check out Guggenheim Macro Opp semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if Guggenheim Macro is priced fairly, providing market reflects its last-minute price of 27.33 per share.

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

Guggenheim Macro Opp Technical Analysis

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The output start index for this execution was twenty-one with a total number of output elements of fourty. 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 Macro Opp volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Guggenheim Macro Opp Trend Analysis

Use this graph to draw trend lines for Guggenheim Macro Opportunities. You can use it to identify possible trend reversals for Guggenheim Macro 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 Macro price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Guggenheim Macro Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Guggenheim Macro Opportunities applied against its price change over selected period. The best fit line has a slop of   -0.0001  , which may suggest that Guggenheim Macro Opportunities market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Guggenheim Macro price change compared to its average price change.

About Guggenheim Macro 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 Macro Opportunities 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 Macro Opportunities based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Guggenheim Macro Opp stock first instead of the macroeconomic environment surrounding Guggenheim Macro Opp. By analyzing Guggenheim Macro'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 Macro'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 Macro specific price patterns or momentum indicators. Please read more on our technical analysis page.

Guggenheim Macro July 29, 2021 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.

Guggenheim Macro Opp One Year Return

Based on the recorded statements, Guggenheim Macro Opportunities has an One Year Return of -1.29%. This is 145.91% lower than that of the Guggenheim Investments family and significantly lower than that of the Nontraditional Bond category. The one year return for all United States funds is notably higher than that of the company.
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.

Guggenheim Macro July 29, 2021 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Guggenheim stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
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 Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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.