Guggenheim Municipal Income Fund Manager Performance Evaluation
| GIJPX Fund | USD 11.46 0.03 0.26% |
The fund retains a Market Volatility (i.e., Beta) of -0.0888, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Guggenheim Municipal are expected to decrease at a much lower rate. During the bear market, Guggenheim Municipal is likely to outperform the market.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Guggenheim Municipal Income are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Guggenheim Municipal is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 26th of May 2023 | |
| Expense Ratio | 0.9400 |
Guggenheim |
Guggenheim Municipal Relative Risk vs. Return Landscape
If you would invest 1,134 in Guggenheim Municipal Income on August 28, 2024 and sell it today you would earn a total of 12.00 from holding Guggenheim Municipal Income or generate 1.06% return on investment over 90 days. Guggenheim Municipal Income is currently producing 0.0171% returns and takes up 0.2912% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Guggenheim, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Guggenheim Municipal Current Valuation
Overvalued
Today
Please note that Guggenheim Municipal's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Guggenheim Municipal retains a regular Real Value of $11.05 per share. The prevalent price of the fund is $11.46. We determine the value of Guggenheim Municipal from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Guggenheim Municipal is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Guggenheim Mutual Fund. However, Guggenheim Municipal's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 11.46 | Real 11.05 | Hype 11.46 | Naive 11.45 |
The intrinsic value of Guggenheim Municipal's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Guggenheim Municipal's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Guggenheim Municipal Income helps investors to forecast how Guggenheim mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Guggenheim Municipal more accurately as focusing exclusively on Guggenheim Municipal's fundamentals will not take into account other important factors: Guggenheim Municipal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guggenheim Municipal's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Guggenheim Municipal Income, and traders can use it to determine the average amount a Guggenheim Municipal's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0588
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GIJPX |
Estimated Market Risk
| 0.29 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Guggenheim Municipal is performing at about 4% 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 Municipal by adding it to a well-diversified portfolio.
Guggenheim Municipal Fundamentals Growth
Guggenheim Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Guggenheim Municipal, and Guggenheim Municipal fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Guggenheim Mutual Fund performance.
| Price To Earning | 15.10 X | ||||
| Total Asset | 140 K | ||||
About Guggenheim Municipal Performance
Evaluating Guggenheim Municipal's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Guggenheim Municipal has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Guggenheim Municipal has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its assets in a diversified portfolio of municipal securities whose interest is free from federal income tax.Things to note about Guggenheim Municipal performance evaluation
Checking the ongoing alerts about Guggenheim Municipal for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Guggenheim Municipal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Guggenheim Municipal generated five year return of 0.0% | |
| This fund retains about 97.71% of its assets under management (AUM) in fixed income securities |
- Analyzing Guggenheim Municipal's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Guggenheim Municipal's stock is overvalued or undervalued compared to its peers.
- Examining Guggenheim Municipal's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Guggenheim Municipal's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Guggenheim Municipal's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Guggenheim Municipal's mutual fund. These opinions can provide insight into Guggenheim Municipal's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Guggenheim Mutual Fund
Guggenheim Municipal 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 Municipal security.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |