28,498 Shares in Gilead Sciences, Inc. Bought by Point72 Asia Singapore Pte. Ltd.
| SAOIX Fund | USD 32.34 0.08 0.25% |
Slightly above 62% of Guggenheim Alpha's investor base is looking to short. The analysis of overall sentiment of trading Guggenheim Alpha Opportunity mutual fund suggests that many investors are alarmed at this time. Guggenheim Alpha's investing sentiment can be driven by a variety of factors including economic data, Guggenheim Alpha's earnings reports, geopolitical events, and overall market trends.
Guggenheim |
Point72 Asia Singapore Pte. Ltd. bought a new stake in Gilead Sciences, Inc. during the third quarter, Holdings Channel reports. The institutional investor bought 28,498 shares of the biopharmaceutical companys stock, valued at approximately 2,389,000. Several other hedge funds also recently bought and sold shares of GILD. CarsonAllaria Wealth Management Ltd.
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Guggenheim Alpha Fundamental Analysis
We analyze Guggenheim Alpha's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Guggenheim Alpha using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Guggenheim Alpha based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
One Year Return
One Year Return Comparative Analysis
Guggenheim Alpha is currently under evaluation in one year return among similar funds. One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Guggenheim Alpha Opp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Guggenheim Alpha mutual fund to make a market-neutral strategy. Peer analysis of Guggenheim Alpha could also be used in its relative valuation, which is a method of valuing Guggenheim Alpha by comparing valuation metrics with similar companies.
Peers
Guggenheim Alpha Related Equities
| NELIX | Nuveen Equity | 0.73 | ||||
| SAOAX | Guggenheim Alpha | 0.09 | ||||
| SAOSX | Guggenheim Alpha | 0.09 | ||||
| SAOCX | Guggenheim Alpha | 0.26 |
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.
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