Guggenheim Total Return Fund Price on January 11, 2024
| GIBAX Fund | USD 23.59 0.01 0.04% |
Below is the normalized historical share price chart for Guggenheim Total Return extending back to November 30, 2011. 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 Total stands at 23.59, as last reported on the 23rd of November, with the highest price reaching 23.59 and the lowest price hitting 23.59 during the day.
If you're considering investing in Guggenheim Mutual Fund, it is important to understand the factors that can impact its price. Guggenheim Total Return holds Efficiency (Sharpe) Ratio of -0.075, which attests that the entity had a -0.075% return per unit of risk over the last 3 months. Guggenheim Total Return exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Guggenheim Total's Market Risk Adjusted Performance of 0.3584, standard deviation of 0.2656, and Risk Adjusted Performance of (0.06) to validate the risk estimate we provide.
Guggenheim Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Guggenheim |
Sharpe Ratio = -0.075
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| Negative Returns | GIBAX |
Estimated Market Risk
| 0.26 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Guggenheim Total 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 Total by adding Guggenheim Total to a well-diversified portfolio.
Guggenheim Total Valuation on January 11, 2024
It is possible to determine the worth of Guggenheim Total on a given historical date. On January 11, 2024 Guggenheim was worth 22.85 at the beginning of the trading date compared to the closed value of 22.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guggenheim Total mutual fund. Still, in general, we apply an absolute valuation method to find Guggenheim Total'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 Total where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guggenheim Total's related companies.
| Open | High | Low | Close | Volume | |
| 22.75 | 22.75 | 22.75 | 22.75 | 1.00 | |
01/11/2024 | 22.85 | 22.85 | 22.85 | 22.85 | 1.00 |
| 22.90 | 22.90 | 22.90 | 22.90 | 1.00 |
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Guggenheim Total Trading Date Momentum on January 11, 2024
| On January 12 2024 Guggenheim Total Return was traded for 22.90 at the closing time. The highest daily price throughout the period was 22.90 and the lowest price was 22.90 . There was no trading activity during the period 1.0. Lack of trading volume on 01/12/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.22% . The overall trading delta to current closing price is 0.70% . |
Guggenheim Total Return Fundamentals Correlations and Trends
By evaluating Guggenheim Total'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 Total'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 Total Mutual Fund history
Guggenheim Total 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 Total Return 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 Total stock prices may prove useful in developing a viable investing in Guggenheim Total
The fund invests at least 80 percent of its assets in debt securities. While the fund will principally invest in debt securities listed, traded or dealt in developed markets countries globally, it may also invest without limitation in securities listed, traded or dealt in other countries, including emerging markets countries.
Guggenheim Total Mutual Fund Technical Analysis
Guggenheim Total 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, fund market cycles, or different charting patterns.
Price Boundaries
Guggenheim Total Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Guggenheim Total Return cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 Total November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Guggenheim Total mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guggenheim Total shares will generate the highest return on investment. By undertsting and applying Guggenheim Total mutual fund market strength indicators, traders can identify Guggenheim Total Return entry and exit signals to maximize returns
Guggenheim Total Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guggenheim Total's price direction in advance. Along with the technical and fundamental analysis of Guggenheim Mutual Fund 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 | (0.06) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.3484 |
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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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