Guggenheim High Yield Fund Price on October 25, 2024
| SIHAX Fund | USD 10.02 0.01 0.1% |
Below is the normalized historical share price chart for Guggenheim High Yield extending back to September 03, 1999. 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 High stands at 10.02, as last reported on the 27th of November, with the highest price reaching 10.02 and the lowest price hitting 10.02 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 High Yield holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Guggenheim High Yield, which you can use to evaluate the volatility of the entity. Please check out Guggenheim High's Coefficient Of Variation of 630.91, risk adjusted performance of 0.0818, and Market Risk Adjusted Performance of 0.2585 to validate if the risk estimate we provide is consistent with the expected return of 0.0269%.
Guggenheim Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Guggenheim |
Sharpe Ratio = 0.1718
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| Negative Returns | SIHAX |
Estimated Market Risk
| 0.16 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Guggenheim High 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 High by adding it to a well-diversified portfolio.
Guggenheim High Valuation on October 25, 2024
It is possible to determine the worth of Guggenheim High on a given historical date. On October 25, 2024 Guggenheim was worth 9.94 at the beginning of the trading date compared to the closed value of 9.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guggenheim High mutual fund. Still, in general, we apply an absolute valuation method to find Guggenheim High'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 High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guggenheim High's related companies.
| Open | High | Low | Close | Volume | |
| 9.95 | 9.95 | 9.95 | 9.95 | 1.00 | |
10/25/2024 | 9.94 | 9.94 | 9.94 | 9.94 | 1.00 |
| 9.95 | 9.95 | 9.95 | 9.95 | 1.00 |
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Guggenheim High Trading Date Momentum on October 25, 2024
| On October 28 2024 Guggenheim High Yield was traded for 9.95 at the closing time. The highest daily price throughout the period was 9.95 and the lowest price was 9.95 . There was no trading activity during the period 1.0. Lack of trading volume on 10/28/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.10% . The overall trading delta to current closing price is 0.40% . |
Guggenheim High Yield Fundamentals Correlations and Trends
By evaluating Guggenheim High'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 High'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 High Mutual Fund history
Guggenheim High 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 High Yield 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 High stock prices may prove useful in developing a viable investing in Guggenheim High
The fund invests at least 80 percent of its assets , under normal circumstances, in a broad range of high yield, high risk debt securities rated below the top four long-term rating categories by a nationally recognized statistical rating organization or, if unrated, determined by Security Investors, LLC, also known as Guggenheim Investments , to be of comparable quality .
Guggenheim High Mutual Fund Technical Analysis
Guggenheim High 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 High Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Guggenheim High Yield 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 High November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Guggenheim High 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 High shares will generate the highest return on investment. By undertsting and applying Guggenheim High mutual fund market strength indicators, traders can identify Guggenheim High Yield entry and exit signals to maximize returns
Guggenheim High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guggenheim High'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 | 0.0818 | |||
| Jensen Alpha | 0.0075 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.71) | |||
| Treynor Ratio | 0.2485 |
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| Volume Indicators |
Other Information on Investing in Guggenheim Mutual Fund
Guggenheim High 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 High security.
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