Guggenheim Directional Allocation Fund Price on October 16, 2023
| TVFRX Fund | USD 17.15 0.15 0.88% |
Below is the normalized historical share price chart for Guggenheim Directional Allocation extending back to June 18, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Guggenheim Directional stands at 17.15, as last reported on the 24th of December, with the highest price reaching 17.15 and the lowest price hitting 17.15 during the day.
If you're considering investing in Guggenheim Mutual Fund, it is important to understand the factors that can impact its price. Guggenheim Directional holds Efficiency (Sharpe) Ratio of -0.0677, which attests that the entity had a -0.0677% return per unit of risk over the last 3 months. Guggenheim Directional exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Guggenheim Directional's Standard Deviation of 1.76, market risk adjusted performance of 0.6432, and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide.
Guggenheim Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Guggenheim |
Sharpe Ratio = -0.0677
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TVFRX |
Estimated Market Risk
| 1.79 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Guggenheim Directional is not performing at its full potential. However, 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 Directional by adding Guggenheim Directional to a well-diversified portfolio.
Guggenheim Directional Valuation on October 16, 2023
It is possible to determine the worth of Guggenheim Directional on a given historical date. On October 16, 2023 Guggenheim was worth 14.29 at the beginning of the trading date compared to the closed value of 14.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guggenheim Directional mutual fund. Still, in general, we apply an absolute valuation method to find Guggenheim Directional's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Guggenheim Directional where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guggenheim Directional's related companies.
| Open | High | Low | Close | Volume | |
| 14.13 | 14.13 | 14.13 | 14.13 | 1.00 | |
10/16/2023 | 14.29 | 14.29 | 14.29 | 14.29 | 1.00 |
| 14.31 | 14.31 | 14.31 | 14.31 | 1.00 |
| Backtest Guggenheim Directional | | | Guggenheim Directional History | | | Guggenheim Directional Valuation | Previous | Next |
Guggenheim Directional Trading Date Momentum on October 16, 2023
| On October 17 2023 Guggenheim Directional Allocation was traded for 14.31 at the closing time. The highest daily price throughout the period was 14.31 and the lowest price was 14.31 . There was no trading activity during the period 1.0. Lack of trading volume on 10/17/2023 added to the next day price jump. The trading price change to closing price of the next trading day was 0.14% . The overall trading delta to current closing price is 5.11% . |
Guggenheim Directional Fundamentals Correlations and Trends
By evaluating Guggenheim Directional's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Guggenheim Directional's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guggenheim financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Guggenheim Directional Mutual Fund history
Guggenheim Directional investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Guggenheim is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guggenheim Directional will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Guggenheim Directional stock prices may prove useful in developing a viable investing in Guggenheim Directional
Under normal circumstances, the fund uses a balanced approach to invest in a broad range of securities, including equity, debt, and securities issued and guaranteed by the U.S. government and federal agencies and instrumentalities. The funds asset allocation strategy diversifies equity securities and fixed-income investments. The fund employs a proprietary quantitative model to determine the exposure between equity and fixed income to participate in rising markets while attempting to preserve capital during market declines. The funds exposure will generally be at least 20 percent fixed income and up to 80 percent equity.
Guggenheim Directional Mutual Fund Technical Analysis
Guggenheim Directional technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Guggenheim Directional Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Guggenheim Directional Allocation cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Guggenheim Directional December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Guggenheim Directional mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guggenheim Directional shares will generate the highest return on investment. By undertsting and applying Guggenheim Directional mutual fund market strength indicators, traders can identify Guggenheim Directional Allocation entry and exit signals to maximize returns
Guggenheim Directional Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guggenheim Directional's price direction in advance. Along with the technical and fundamental analysis of Guggenheim Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Guggenheim to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | 0.6332 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Guggenheim Mutual Fund
Guggenheim Directional 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 Directional security.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Global Correlations Find global opportunities by holding instruments from different markets |