Guggenheim Multi Hedge Strategies Fund Price on October 30, 2024
| RYMSX Fund | USD 26.41 0.15 0.57% |
Below is the normalized historical share price chart for Guggenheim Multi Hedge Strategies extending back to September 19, 2005. 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 Multi-hedge stands at 26.41, as last reported on the 29th of November, with the highest price reaching 26.41 and the lowest price hitting 26.41 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 Multi Hedge holds Efficiency (Sharpe) Ratio of 0.0089, which attests that the entity had a 0.0089% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Guggenheim Multi Hedge, which you can use to evaluate the volatility of the entity. Please check out Guggenheim Multi-hedge's Risk Adjusted Performance of (0.03), market risk adjusted performance of (0.08), and Standard Deviation of 0.3394 to validate if the risk estimate we provide is consistent with the expected return of 0.003%.
Guggenheim Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Guggenheim |
Sharpe Ratio = 0.0089
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RYMSX |
Estimated Market Risk
| 0.34 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Guggenheim Multi-hedge 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 Multi-hedge by adding Guggenheim Multi-hedge to a well-diversified portfolio.
Guggenheim Multi-hedge Valuation on October 30, 2024
It is possible to determine the worth of Guggenheim Multi-hedge on a given historical date. On October 30, 2024 Guggenheim was worth 25.87 at the beginning of the trading date compared to the closed value of 25.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guggenheim Multi-hedge mutual fund. Still, in general, we apply an absolute valuation method to find Guggenheim Multi-hedge'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 Multi-hedge where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guggenheim Multi-hedge's related companies.
| Open | High | Low | Close | Volume | |
| 25.98 | 25.98 | 25.98 | 25.98 | 1.00 | |
10/30/2024 | 25.87 | 25.87 | 25.87 | 25.87 | 1.00 |
| 25.87 | 25.87 | 25.87 | 25.87 | 1.00 |
| Backtest Guggenheim Multi-hedge | | | Guggenheim Multi-hedge History | | | Guggenheim Multi-hedge Valuation | Previous | Next |
Guggenheim Multi-hedge Trading Date Momentum on October 30, 2024
| On October 31 2024 Guggenheim Multi Hedge Strategies was traded for 25.87 at the closing time. The highest daily price throughout the period was 25.87 and the lowest price was 25.87 . There was no trading activity during the period 1.0. Lack of trading volume on 10/31/2024 did not cause price change. The overall trading delta to current closing price is 0.89% . |
Guggenheim Multi Hedge Fundamentals Correlations and Trends
By evaluating Guggenheim Multi-hedge'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 Multi-hedge'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 Multi-hedge Mutual Fund history
Guggenheim Multi-hedge 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 Multi Hedge 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 Multi-hedge stock prices may prove useful in developing a viable investing in Guggenheim Multi-hedge
The fund pursues multiple investment styles or mandates that correspond to investment strategies widely employed by hedge funds. The advisors decision to allocate assets to a particular strategy or strategies is based on a proprietary evaluation of the strategys risk and return characteristics. It also may invest up to 25 percent of its total assets in a wholly-owned and controlled Cayman Islands subsidiary.
Guggenheim Multi-hedge Mutual Fund Technical Analysis
Guggenheim Multi-hedge 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 Multi-hedge Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Guggenheim Multi Hedge Strategies 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 Multi-hedge November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Guggenheim Multi-hedge 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 Multi-hedge shares will generate the highest return on investment. By undertsting and applying Guggenheim Multi-hedge mutual fund market strength indicators, traders can identify Guggenheim Multi Hedge Strategies entry and exit signals to maximize returns
Guggenheim Multi-hedge Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guggenheim Multi-hedge'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 | (0.03) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.09) |
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| Math Transform | ||
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| Overlap Studies | ||
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Guggenheim Mutual Fund
Guggenheim Multi-hedge 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 Multi-hedge security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |