Guggenheim Total Return Fund Probability of Future Mutual Fund Price Finishing Over 23.79
| GIBRX Fund | USD 23.93 0.07 0.29% |
Guggenheim |
Guggenheim Total Target Price Odds to finish over 23.79
The tendency of Guggenheim Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 23.79 in 90 days |
| 23.93 | 90 days | 23.79 | about 70.6 |
Based on a normal probability distribution, the odds of Guggenheim Total to stay above $ 23.79 in 90 days from now is about 70.6 (This Guggenheim Total Return probability density function shows the probability of Guggenheim Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Guggenheim Total Return price to stay between $ 23.79 and its current price of $23.93 at the end of the 90-day period is about 22.26 .
Assuming the 90 days horizon Guggenheim Total Return has a beta of -0.0664. This usually indicates as returns on the benchmark increase, returns on holding Guggenheim Total are expected to decrease at a much lower rate. During a bear market, however, Guggenheim Total Return is likely to outperform the market. Additionally Guggenheim Total Return has an alpha of 8.0E-4, implying that it can generate a 7.8E-4 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Guggenheim Total Price Density |
| Price |
Predictive Modules for Guggenheim Total
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Guggenheim Total Return. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Guggenheim Total Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Guggenheim Total is not an exception. The market had few large corrections towards the Guggenheim Total's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Guggenheim Total Return, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Guggenheim Total within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.0008 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 0.24 | |
Ir | Information ratio | -0.47 |
Guggenheim Total Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Guggenheim Total for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Guggenheim Total Return can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Guggenheim Total generated a negative expected return over the last 90 days | |
| The fund generated three year return of -2.0% | |
| Guggenheim Total Return retains about 9.62% of its assets under management (AUM) in fixed income securities |
Guggenheim Total Technical Analysis
Guggenheim Total's future price can be derived by breaking down and analyzing its technical indicators over time. Guggenheim Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Guggenheim Total Return. In general, you should focus on analyzing Guggenheim Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Guggenheim Total Predictive Forecast Models
Guggenheim Total's time-series forecasting models is one of many Guggenheim Total's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Guggenheim Total's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Guggenheim Total Return
Checking the ongoing alerts about Guggenheim Total for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Guggenheim Total Return help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Guggenheim Total generated a negative expected return over the last 90 days | |
| The fund generated three year return of -2.0% | |
| Guggenheim Total Return retains about 9.62% of its assets under management (AUM) in fixed income securities |
Other Information on Investing in Guggenheim Mutual Fund
Guggenheim Total 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 Total security.
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