Guggenheim Risk Managed Fund Price on February 27, 2024
| GURAX Fund | USD 35.18 0.18 0.51% |
Below is the normalized historical share price chart for Guggenheim Risk Managed extending back to March 27, 2014. 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 Risk stands at 35.18, as last reported on the 29th of November, with the highest price reaching 35.18 and the lowest price hitting 35.18 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 Risk Managed holds Efficiency (Sharpe) Ratio of 0.0984, which attests that the entity had a 0.0984% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Guggenheim Risk Managed, which you can use to evaluate the volatility of the entity. Please check out Guggenheim Risk's Downside Deviation of 0.7106, risk adjusted performance of 0.0766, and Market Risk Adjusted Performance of 0.3419 to validate if the risk estimate we provide is consistent with the expected return of 0.0718%.
Guggenheim Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Guggenheim |
Sharpe Ratio = 0.0984
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| Cash | GURAX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.73 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Guggenheim Risk is performing at about 7% 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 Risk by adding it to a well-diversified portfolio.
Guggenheim Risk Valuation on February 27, 2024
It is possible to determine the worth of Guggenheim Risk on a given historical date. On February 27, 2024 Guggenheim was worth 30.04 at the beginning of the trading date compared to the closed value of 30.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guggenheim Risk mutual fund. Still, in general, we apply an absolute valuation method to find Guggenheim Risk'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 Risk where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guggenheim Risk's related companies.
| Open | High | Low | Close | Volume | |
| 29.97 | 29.97 | 29.97 | 29.97 | 1.00 | |
02/27/2024 | 30.04 | 30.04 | 30.04 | 30.04 | 1.00 |
| 30.24 | 30.24 | 30.24 | 30.24 | 1.00 |
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Guggenheim Risk Trading Date Momentum on February 27, 2024
| On February 28 2024 Guggenheim Risk Managed was traded for 30.24 at the closing time. The highest daily price throughout the period was 30.24 and the lowest price was 30.24 . There was no trading activity during the period 1.0. Lack of trading volume on 02/28/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.67% . The overall trading delta to current closing price is 3.16% . |
Guggenheim Risk Managed Fundamentals Correlations and Trends
By evaluating Guggenheim Risk'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 Risk'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 Risk Mutual Fund history
Guggenheim Risk 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 Risk Managed 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 Risk stock prices may prove useful in developing a viable investing in Guggenheim Risk
The fund pursues its investment objective by investing, under normal circumstances, at least 80 percent of its assets in long and short equity securities of issuers primarily engaged in the real estate industry, such as real estate investment trusts and equity-like securities, including individual securities, exchange-traded funds and derivatives, giving exposure to issuers primarily engaged in the real estate industry.
Guggenheim Risk Mutual Fund Technical Analysis
Guggenheim Risk 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 Risk Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Guggenheim Risk Managed 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 Risk November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Guggenheim Risk 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 Risk shares will generate the highest return on investment. By undertsting and applying Guggenheim Risk mutual fund market strength indicators, traders can identify Guggenheim Risk Managed entry and exit signals to maximize returns
Guggenheim Risk Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guggenheim Risk'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 | 0.0766 | |||
| Jensen Alpha | 0.0412 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.3319 |
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Guggenheim Mutual Fund
Guggenheim Risk 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 Risk security.
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