Guggenheim Macro Opportunities Fund Price on May 14, 2024
| GIOIX Fund | USD 24.74 0.01 0.04% |
Below is the normalized historical share price chart for Guggenheim Macro Opportunities 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 Macro stands at 24.74, as last reported on the 24th of November, with the highest price reaching 24.74 and the lowest price hitting 24.74 during the day.
If you're considering investing in Guggenheim Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Guggenheim Mutual Fund to be very steady. Guggenheim Macro Opp holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Guggenheim Macro Opp, which you can use to evaluate the volatility of the entity. Please check out Guggenheim Macro's Risk Adjusted Performance of 0.0924, market risk adjusted performance of (1.51), and Coefficient Of Variation of 535.54 to validate if the risk estimate we provide is consistent with the expected return of 0.022%.
Guggenheim Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Guggenheim |
Sharpe Ratio = 0.177
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| Negative Returns | GIOIX |
Estimated Market Risk
| 0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Guggenheim Macro is performing at about 13% of its full potential. 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 Macro by adding it to a well-diversified portfolio.
Guggenheim Macro Valuation on May 14, 2024
It is possible to determine the worth of Guggenheim Macro on a given historical date. On May 14, 2024 Guggenheim was worth 23.54 at the beginning of the trading date compared to the closed value of 23.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guggenheim Macro mutual fund. Still, in general, we apply an absolute valuation method to find Guggenheim Macro'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 Macro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guggenheim Macro's related companies.
| Open | High | Low | Close | Volume | |
| 23.53 | 23.53 | 23.53 | 23.53 | 1.00 | |
05/14/2024 | 23.54 | 23.54 | 23.54 | 23.54 | 1.00 |
| 23.60 | 23.60 | 23.60 | 23.60 | 1.00 |
| Backtest Guggenheim Macro | | | Guggenheim Macro History | | | Guggenheim Macro Valuation | Previous | Next |
Guggenheim Macro Trading Date Momentum on May 14, 2024
| On May 15 2024 Guggenheim Macro Opportunities was traded for 23.60 at the closing time. The highest daily price throughout the period was 23.60 and the lowest price was 23.60 . There was no trading activity during the period 1.0. Lack of trading volume on 05/15/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.25% . The overall trading delta to current closing price is 0.00% . |
Guggenheim Macro Opp Fundamentals Correlations and Trends
By evaluating Guggenheim Macro'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 Macro'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 Macro Mutual Fund history
Guggenheim Macro 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 Macro Opp 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 Macro stock prices may prove useful in developing a viable investing in Guggenheim Macro
The fund invests in a wide range of fixed-income and other debt and equity securities selected from a variety of sectors and credit qualities, principally corporate bonds, syndicated bank loans and other direct lending opportunities, participations in and assignments of syndicated bank loans, asset-backed securities, U.S. government and agency securities, sovereign debt securities, Eurodollar bonds and obligations, mezzanine and preferred securities, commercial paper, zero-coupon bonds, municipal securities, etc.
Guggenheim Macro Mutual Fund Technical Analysis
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, fund market cycles, or different charting patterns.
Price Boundaries
Guggenheim Macro Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Guggenheim Macro Opportunities 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 Macro November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Guggenheim Macro 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 Macro shares will generate the highest return on investment. By undertsting and applying Guggenheim Macro mutual fund market strength indicators, traders can identify Guggenheim Macro Opportunities entry and exit signals to maximize returns
Guggenheim Macro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guggenheim Macro'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 | 0.0924 | |||
| Jensen Alpha | 0.0146 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (1.04) | |||
| Treynor Ratio | (1.52) |
| Cycle Indicators | ||
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| Math Transform | ||
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Guggenheim Mutual Fund
Guggenheim Macro 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 Macro security.
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