Guidemark World Ex Us Fund Market Value
| GMWEX Fund | USD 10.84 0.01 0.09% |
| Symbol | Guidemark(r) |
Guidemark(r) World '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 Guidemark(r) World'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 Guidemark(r) World.
| 10/01/2024 |
| 01/29/2025 |
If you would invest 0.00 in Guidemark(r) World on October 1, 2024 and sell it all today you would earn a total of 0.00 from holding Guidemark World Ex Us or generate 0.0% return on investment in Guidemark(r) World over 120 days. Guidemark(r) World is related to or competes with Touchstone Large, Touchstone Large, Avantis Us, Large-cap Growth, Calvert Large, and Transamerica Large. Under normal circumstances, the fund invests at least 80 percent of its assets in equity securities More
Guidemark(r) World 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 Guidemark(r) World'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 Guidemark World Ex Us upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7514 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 3.76 | |||
| Value At Risk | (1.11) | |||
| Potential Upside | 1.13 |
Guidemark(r) World Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guidemark(r) World's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guidemark(r) World's standard deviation. In reality, there are many statistical measures that can use Guidemark(r) World historical prices to predict the future Guidemark(r) World's volatility.| Risk Adjusted Performance | 0.0028 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | (0.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Guidemark(r) World'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.
Guidemark World Ex Backtested Returns
At this stage we consider Guidemark(r) Mutual Fund to be very steady. Guidemark World Ex holds Efficiency (Sharpe) Ratio of 0.0516, which attests that the entity had a 0.0516 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Guidemark World Ex, which you can use to evaluate the volatility of the entity. Please check out Guidemark(r) World's Risk Adjusted Performance of 0.0028, market risk adjusted performance of (0.12), and Downside Deviation of 0.7514 to validate if the risk estimate we provide is consistent with the expected return of 0.0367%. The fund retains a Market Volatility (i.e., Beta) of 0.0463, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Guidemark(r) World's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guidemark(r) World is expected to be smaller as well.
Auto-correlation | 0.15 |
Insignificant predictability
Guidemark World Ex Us has insignificant predictability. Overlapping area represents the amount of predictability between Guidemark(r) World time series from 1st of October 2024 to 30th of November 2024 and 30th of November 2024 to 29th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Guidemark World Ex price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Guidemark(r) World price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Guidemark World Ex lagged returns against current returns
Autocorrelation, which is Guidemark(r) World 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 Guidemark(r) World's mutual fund expected returns. We can calculate the autocorrelation of Guidemark(r) World returns to help us make a trade decision. For example, suppose you find that Guidemark(r) World 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 |
Guidemark(r) World 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 Guidemark(r) World mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guidemark(r) World mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guidemark(r) World mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Guidemark(r) World Lagged Returns
When evaluating Guidemark(r) World's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guidemark(r) World mutual fund have on its future price. Guidemark(r) World 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, Guidemark(r) World autocorrelation shows the relationship between Guidemark(r) World mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Guidemark World Ex Us.
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 Guidemark(r) Mutual Fund
Guidemark(r) World financial ratios help investors to determine whether Guidemark(r) 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 Guidemark(r) with respect to the benefits of owning Guidemark(r) World security.
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