Guidepath Absolute Return Fund Price on July 15, 2024
| GPARX Fund | USD 9.79 0.05 0.51% |
Below is the normalized historical share price chart for Guidepath Absolute Return extending back to April 29, 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 Guidepath(r) Absolute stands at 9.79, as last reported on the 26th of November, with the highest price reaching 9.79 and the lowest price hitting 9.79 during the day.
If you're considering investing in Guidepath(r) Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Guidepath(r) Mutual Fund to be very steady. Guidepath Absolute Return holds Efficiency (Sharpe) Ratio of 0.0741, which attests that the entity had a 0.0741% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Guidepath Absolute Return, which you can use to evaluate the volatility of the entity. Please check out Guidepath(r) Absolute's Risk Adjusted Performance of (0.01), market risk adjusted performance of (0.31), and Downside Deviation of 0.1773 to validate if the risk estimate we provide is consistent with the expected return of 0.0115%.
Guidepath(r) Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Guidepath(r) |
Sharpe Ratio = 0.0741
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| Negative Returns | GPARX |
Estimated Market Risk
| 0.16 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Guidepath(r) Absolute is performing at about 5% 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 Guidepath(r) Absolute by adding it to a well-diversified portfolio.
Guidepath(r) Absolute Valuation on July 15, 2024
It is possible to determine the worth of Guidepath(r) Absolute on a given historical date. On July 15, 2024 Guidepath(r) was worth 9.55 at the beginning of the trading date compared to the closed value of 9.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guidepath(r) Absolute mutual fund. Still, in general, we apply an absolute valuation method to find Guidepath(r) Absolute'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 Guidepath(r) Absolute where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guidepath(r) Absolute's related companies.
| Open | High | Low | Close | Volume | |
| 9.56 | 9.56 | 9.56 | 9.56 | 1.00 | |
07/15/2024 | 9.55 | 9.55 | 9.55 | 9.55 | 1.00 |
| 9.57 | 9.57 | 9.57 | 9.57 | 1.00 |
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Guidepath(r) Absolute Trading Date Momentum on July 15, 2024
| On July 16 2024 Guidepath Absolute Return was traded for 9.57 at the closing time. The highest daily price throughout the period was 9.57 and the lowest price was 9.57 . There was no trading activity during the period 1.0. Lack of trading volume on 07/16/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.21% . The overall trading delta to current closing price is 0.10% . |
Guidepath Absolute Return Fundamentals Correlations and Trends
By evaluating Guidepath(r) Absolute'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 Guidepath(r) Absolute's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guidepath(r) financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Guidepath(r) Absolute Mutual Fund history
Guidepath(r) Absolute 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 Guidepath(r) is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guidepath Absolute 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 Guidepath(r) Absolute stock prices may prove useful in developing a viable investing in Guidepath(r) Absolute
The fund operates as a fund of funds, investing primarily in registered mutual funds, including exchange-traded funds . The funds in which the fund may invest are referred to herein as the underlying funds. The Advisor believes that investing in underlying funds provides the fund with an efficient means of creating a portfolio that provides investors with indirect exposure to a broad range of securities.
Guidepath(r) Absolute Mutual Fund Technical Analysis
Guidepath(r) Absolute 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
Guidepath(r) Absolute Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Guidepath Absolute 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.
Guidepath(r) Absolute November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Guidepath(r) Absolute 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 Guidepath(r) Absolute shares will generate the highest return on investment. By undertsting and applying Guidepath(r) Absolute mutual fund market strength indicators, traders can identify Guidepath Absolute Return entry and exit signals to maximize returns
Guidepath(r) Absolute Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guidepath(r) Absolute's price direction in advance. Along with the technical and fundamental analysis of Guidepath(r) Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Guidepath(r) 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 | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.70) | |||
| Treynor Ratio | (0.32) |
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| Volume Indicators |
Other Information on Investing in Guidepath(r) Mutual Fund
Guidepath(r) Absolute financial ratios help investors to determine whether Guidepath(r) 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 Guidepath(r) with respect to the benefits of owning Guidepath(r) Absolute security.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
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| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |