Guardian Fundamental Global Fund Market Value
| GFGEX Fund | USD 14.10 0.01 0.07% |
| Symbol | Guardian |
Guardian Fundamental 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Guardian Fundamental's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Guardian Fundamental.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Guardian Fundamental on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Guardian Fundamental Global or generate 0.0% return on investment in Guardian Fundamental over 30 days. Guardian Fundamental is related to or competes with Guardian Dividend, Equity Growth, Putnam High, Fidelity Advisor, Frontier Mfg, and Ancora Microcap. Under normal conditions the funds adviser, invests at least 80 percent of its net assets in equity securities of mid-cap... More
Guardian Fundamental Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Guardian Fundamental's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Guardian Fundamental Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5136 | |||
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 3.01 | |||
| Value At Risk | (0.78) | |||
| Potential Upside | 0.8 |
Guardian Fundamental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guardian Fundamental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guardian Fundamental's standard deviation. In reality, there are many statistical measures that can use Guardian Fundamental historical prices to predict the future Guardian Fundamental's volatility.| Risk Adjusted Performance | 0.0669 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | 0.1056 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Guardian Fundamental's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Guardian Fundamental Backtested Returns
At this stage we consider Guardian Mutual Fund to be very steady. Guardian Fundamental holds Efficiency (Sharpe) Ratio of 0.0877, which attests that the entity had a 0.0877% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Guardian Fundamental, which you can use to evaluate the volatility of the entity. Please check out Guardian Fundamental's market risk adjusted performance of 0.1156, and Risk Adjusted Performance of 0.0669 to validate if the risk estimate we provide is consistent with the expected return of 0.0476%. The fund retains a Market Volatility (i.e., Beta) of 0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Guardian Fundamental's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guardian Fundamental is expected to be smaller as well.
Auto-correlation | 0.21 |
Weak predictability
Guardian Fundamental Global has weak predictability. Overlapping area represents the amount of predictability between Guardian Fundamental time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Guardian Fundamental price movement. The serial correlation of 0.21 indicates that over 21.0% of current Guardian Fundamental price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Guardian Fundamental lagged returns against current returns
Autocorrelation, which is Guardian Fundamental mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Guardian Fundamental's mutual fund expected returns. We can calculate the autocorrelation of Guardian Fundamental returns to help us make a trade decision. For example, suppose you find that Guardian Fundamental has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Guardian Fundamental regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Guardian Fundamental mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guardian Fundamental mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guardian Fundamental mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Guardian Fundamental Lagged Returns
When evaluating Guardian Fundamental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guardian Fundamental mutual fund have on its future price. Guardian Fundamental autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Guardian Fundamental autocorrelation shows the relationship between Guardian Fundamental mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Guardian Fundamental Global.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Guardian Mutual Fund
Guardian Fundamental financial ratios help investors to determine whether Guardian 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 Guardian with respect to the benefits of owning Guardian Fundamental security.
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