Guggenheim Floating Financials
| GIFIX Fund | USD 24.25 0.01 0.04% |
Guggenheim |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Guggenheim Floating Fund Summary
Guggenheim Floating competes with Prudential Health, Hartford Healthcare, Lord Abbett, Allianzgi Health, and Baillie Gifford. The fund normally invests at least 80 percent of its assets in floating rate senior secured syndicated bank loans, floating rate revolving credit facilities, floating rate unsecured loans, floating rate asset backed securities, other floating rate bonds, loans, notes and other securities, fixed income instruments, and derivative instruments that provide exposure to floating rate or variable rate loans, obligations or other securities.Specialization | Bank Loan, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US40168W7157 |
| Business Address | Guggenheim Investments |
| Mutual Fund Family | Guggenheim Investments |
| Mutual Fund Category | Bank Loan |
| Benchmark | Dow Jones Industrial |
| Phone | 800 820 0888 |
| Currency | USD - US Dollar |
Guggenheim Floating Key Financial Ratios
Guggenheim Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Guggenheim Floating's current stock value. Our valuation model uses many indicators to compare Guggenheim Floating value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Guggenheim Floating competition to find correlations between indicators driving Guggenheim Floating's intrinsic value. More Info.Guggenheim Floating Rate is one of the top funds in annual yield among similar funds. It also is one of the top funds in year to date return among similar funds creating about 1,861 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Guggenheim Floating's earnings, one of the primary drivers of an investment's value.Guggenheim Floating Rate Systematic Risk
Guggenheim Floating's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Guggenheim Floating volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Guggenheim Floating Rate correlated with the market. If Beta is less than 0 Guggenheim Floating generally moves in the opposite direction as compared to the market. If Guggenheim Floating Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Guggenheim Floating Rate is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Guggenheim Floating is generally in the same direction as the market. If Beta > 1 Guggenheim Floating moves generally in the same direction as, but more than the movement of the benchmark.
Guggenheim Floating November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Guggenheim Floating help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Guggenheim Floating Rate. We use our internally-developed statistical techniques to arrive at the intrinsic value of Guggenheim Floating Rate based on widely used predictive technical indicators. In general, we focus on analyzing Guggenheim Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Guggenheim Floating's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.0628 | |||
| Information Ratio | (0.67) | |||
| Maximum Drawdown | 0.8813 | |||
| Value At Risk | (0.08) | |||
| Potential Upside | 0.0842 |
Other Information on Investing in Guggenheim Mutual Fund
Guggenheim Floating financial ratios help investors to determine whether Guggenheim Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Guggenheim with respect to the benefits of owning Guggenheim Floating security.
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