Guggenheim World Equity Fund Price on February 9, 2024
| SEWIX Fund | USD 17.84 0.07 0.39% |
Below is the normalized historical share price chart for Guggenheim World Equity extending back to May 02, 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 World stands at 17.84, as last reported on the 29th of November, with the highest price reaching 17.84 and the lowest price hitting 17.84 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 World Equity holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Guggenheim World Equity, which you can use to evaluate the volatility of the entity. Please check out Guggenheim World's Market Risk Adjusted Performance of 0.0875, downside deviation of 0.5433, and Risk Adjusted Performance of 0.0721 to validate if the risk estimate we provide is consistent with the expected return of 0.0715%.
Guggenheim Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Guggenheim |
Sharpe Ratio = 0.1454
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | SEWIX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.49 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Guggenheim World is performing at about 11% 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 World by adding it to a well-diversified portfolio.
Guggenheim World Valuation on February 9, 2024
It is possible to determine the worth of Guggenheim World on a given historical date. On February 9, 2024 Guggenheim was worth 15.44 at the beginning of the trading date compared to the closed value of 15.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guggenheim World mutual fund. Still, in general, we apply an absolute valuation method to find Guggenheim World'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 World where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guggenheim World's related companies.
| Open | High | Low | Close | Volume | |
| 15.39 | 15.39 | 15.39 | 15.39 | 1.00 | |
02/09/2024 | 15.44 | 15.44 | 15.44 | 15.44 | 1.00 |
| 15.47 | 15.47 | 15.47 | 15.47 | 1.00 |
| Backtest Guggenheim World | | | Guggenheim World History | | | Guggenheim World Valuation | Previous | Next |
Guggenheim World Trading Date Momentum on February 9, 2024
| On February 12 2024 Guggenheim World Equity was traded for 15.47 at the closing time. The highest daily price throughout the period was 15.47 and the lowest price was 15.47 . There was no trading activity during the period 1.0. Lack of trading volume on 02/12/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.19% . The overall trading delta to current closing price is 0.26% . |
Guggenheim World Equity Fundamentals Correlations and Trends
By evaluating Guggenheim World'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 World'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 World Mutual Fund history
Guggenheim World 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 World Equity 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 World stock prices may prove useful in developing a viable investing in Guggenheim World
The fund will invest at least 80 percent of its assets in equity securities. The advisor intends to invest in higher dividend-yielding equity securities. It is not limited in the percentage of assets it may invest in securities listed, traded or dealt in any one country, region or geographic area and it may invest in a number of countries throughout the world, including emerging markets. The fund may invest in a variety of investment vehicles.
Guggenheim World Mutual Fund Technical Analysis
Guggenheim World 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 World Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Guggenheim World Equity 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 World November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Guggenheim World 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 World shares will generate the highest return on investment. By undertsting and applying Guggenheim World mutual fund market strength indicators, traders can identify Guggenheim World Equity entry and exit signals to maximize returns
Guggenheim World Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guggenheim World'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 | 0.0721 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.0775 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Guggenheim Mutual Fund
Guggenheim World 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 World security.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |