Guggenheim Managed Futures Fund Market Value
| RYMZX Fund | USD 17.50 0.14 0.81% |
| Symbol | Guggenheim |
Guggenheim Managed '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 Guggenheim Managed'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 Guggenheim Managed.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Guggenheim Managed on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Guggenheim Managed Futures or generate 0.0% return on investment in Guggenheim Managed over 540 days. Guggenheim Managed is related to or competes with Small Cap, Delaware Limited-term, Jhancock Diversified, American Century, Blackrock, Tiaa Cref, and The Gabelli. The advisor intends to invest in multiple proprietary and third-party investment strategies that seek to identify and pr... More
Guggenheim Managed 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 Guggenheim Managed'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 Guggenheim Managed Futures upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 2.63 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 1.01 |
Guggenheim Managed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guggenheim Managed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guggenheim Managed's standard deviation. In reality, there are many statistical measures that can use Guggenheim Managed historical prices to predict the future Guggenheim Managed's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.20) |
Guggenheim Managed Backtested Returns
Guggenheim Managed holds Efficiency (Sharpe) Ratio of -0.0216, which attests that the entity had a -0.0216% return per unit of risk over the last 3 months. Guggenheim Managed exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Guggenheim Managed's Risk Adjusted Performance of (0.08), standard deviation of 0.6339, and Market Risk Adjusted Performance of (0.19) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.37, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Guggenheim Managed's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guggenheim Managed is expected to be smaller as well.
Auto-correlation | -0.34 |
Poor reverse predictability
Guggenheim Managed Futures has poor reverse predictability. Overlapping area represents the amount of predictability between Guggenheim Managed time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Guggenheim Managed price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Guggenheim Managed price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.64 |
Guggenheim Managed lagged returns against current returns
Autocorrelation, which is Guggenheim Managed 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 Guggenheim Managed's mutual fund expected returns. We can calculate the autocorrelation of Guggenheim Managed returns to help us make a trade decision. For example, suppose you find that Guggenheim Managed 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 |
Guggenheim Managed 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 Guggenheim Managed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guggenheim Managed mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guggenheim Managed mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Guggenheim Managed Lagged Returns
When evaluating Guggenheim Managed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guggenheim Managed mutual fund have on its future price. Guggenheim Managed 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, Guggenheim Managed autocorrelation shows the relationship between Guggenheim Managed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Guggenheim Managed Futures.
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 Guggenheim Mutual Fund
Guggenheim Managed 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 Managed security.
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |