Guggenheim Taxable Municipal Etf Price on March 28, 2024
| GBAB Etf | USD 15.90 0.09 0.57% |
Below is the normalized historical share price chart for Guggenheim Taxable Municipal extending back to October 27, 2010. 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 Taxable stands at 15.90, as last reported on the 29th of November, with the highest price reaching 15.90 and the lowest price hitting 15.85 during the day.
If you're considering investing in Guggenheim Etf, it is important to understand the factors that can impact its price. Guggenheim Taxable holds Efficiency (Sharpe) Ratio of -0.17, which attests that the entity had a -0.17% return per unit of risk over the last 3 months. Guggenheim Taxable exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Guggenheim Taxable's Risk Adjusted Performance of (0.14), market risk adjusted performance of (10.94), and Standard Deviation of 0.8213 to validate the risk estimate we provide.
Guggenheim Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of October 2010 | 200 Day MA 16.5461 | 50 Day MA 16.6378 |
Guggenheim |
Sharpe Ratio = -0.1659
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Estimated Market Risk
| 0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Guggenheim Taxable is not performing at its full potential. However, 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 Taxable by adding Guggenheim Taxable to a well-diversified portfolio.
Price Book 1.0244 | Price Sales 17.4119 | Shares Outstanding 24.8 M | Market Capitalization 392.1 M | Shares Short Prior Month 14.9 K |
Guggenheim Taxable Valuation on March 28, 2024
It is possible to determine the worth of Guggenheim Taxable on a given historical date. On March 28, 2024 Guggenheim was worth 15.53 at the beginning of the trading date compared to the closed value of 15.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guggenheim Taxable etf. Still, in general, we apply an absolute valuation method to find Guggenheim Taxable's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Guggenheim Taxable where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guggenheim Taxable's related companies.
| Open | High | Low | Close | Volume | |
| 15.51 | 15.53 | 15.39 | 15.43 | 58,153 | |
03/28/2024 | 15.53 | 15.59 | 15.26 | 15.29 | 119,452 |
| 15.29 | 15.29 | 15.09 | 15.11 | 64,671 |
| Backtest Guggenheim Taxable | | | Guggenheim Taxable History | | | Guggenheim Taxable Valuation | Previous | Next |
Guggenheim Taxable Trading Date Momentum on March 28, 2024
| On April 01 2024 Guggenheim Taxable Municipal was traded for 15.11 at the closing time. The top price for the day was 15.29 and the lowest listed price was 15.09 . The trading volume for the day was 64.7 K. The trading history from April 1, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.18% . The overall trading delta against the current closing price is 0.00% . |
Guggenheim Taxable Fundamentals Correlations and Trends
By evaluating Guggenheim Taxable's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Guggenheim Taxable's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guggenheim financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Guggenheim Taxable Etf history
Guggenheim Taxable 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 Taxable 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 Taxable stock prices may prove useful in developing a viable investing in Guggenheim Taxable
Guggenheim Taxable Municipal Bond Investment Grade Debt Trust is a closed ended fixed income mutual fund launched by Guggenheim Partners, LLC. Guggenheim Taxable is listed under Asset Management in the United States and is traded on New York Stock Exchange exchange.
Guggenheim Taxable Etf Technical Analysis
Guggenheim Taxable technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Guggenheim Taxable Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Guggenheim Taxable Municipal cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Guggenheim Taxable November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Guggenheim Taxable etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guggenheim Taxable shares will generate the highest return on investment. By undertsting and applying Guggenheim Taxable etf market strength indicators, traders can identify Guggenheim Taxable Municipal entry and exit signals to maximize returns
Guggenheim Taxable Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guggenheim Taxable's price direction in advance. Along with the technical and fundamental analysis of Guggenheim Etf 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.
| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (10.95) |
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Other Information on Investing in Guggenheim Etf
Guggenheim Taxable financial ratios help investors to determine whether Guggenheim Etf 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 Taxable security.