Guggenheim Alpha Financials
| SAOAX Fund | USD 22.31 0.06 0.27% |
Guggenheim |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Guggenheim Alpha Fund Summary
Guggenheim Alpha competes with Guggenheim Styleplus, Guggenheim World, Guggenheim Investment, Guggenheim Alpha, and Guggenheim Large. Under normal market conditions, the fund pursues its objective by investing in long and short positions of domestic equity and equity-related securities. The fund will ordinarily hold simultaneous long and short positions in equity securities or securities markets that provide exposure up to a level equal to 150 percent of the funds net assets for both the long and short positions.Specialization | Long-Short Equity, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Guggenheim Investments |
| Mutual Fund Family | Guggenheim Investments |
| Mutual Fund Category | Long-Short Equity |
| Benchmark | Dow Jones Industrial |
| Phone | 800 820 0888 |
| Currency | USD - US Dollar |
Guggenheim Alpha Key Financial Ratios
Guggenheim Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Guggenheim Alpha's current stock value. Our valuation model uses many indicators to compare Guggenheim Alpha value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Guggenheim Alpha competition to find correlations between indicators driving Guggenheim Alpha's intrinsic value. More Info.Guggenheim Alpha Opportunity is rated top fund in price to earning among similar funds. It also is rated top fund in price to book among similar funds fabricating about 0.14 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Guggenheim Alpha Opportunity is roughly 7.31 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Guggenheim Alpha's earnings, one of the primary drivers of an investment's value.Guggenheim Alpha Opp Systematic Risk
Guggenheim Alpha's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Guggenheim Alpha volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Guggenheim Alpha Opp correlated with the market. If Beta is less than 0 Guggenheim Alpha generally moves in the opposite direction as compared to the market. If Guggenheim Alpha Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Guggenheim Alpha Opp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Guggenheim Alpha is generally in the same direction as the market. If Beta > 1 Guggenheim Alpha moves generally in the same direction as, but more than the movement of the benchmark.
Guggenheim Alpha December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Guggenheim Alpha help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Guggenheim Alpha Opportunity. We use our internally-developed statistical techniques to arrive at the intrinsic value of Guggenheim Alpha Opportunity based on widely used predictive technical indicators. In general, we focus on analyzing Guggenheim Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Guggenheim Alpha's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.5714 | |||
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 2.72 | |||
| Value At Risk | (0.95) | |||
| Potential Upside | 1.15 |
Other Information on Investing in Guggenheim Mutual Fund
Guggenheim Alpha 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 Alpha security.
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |