Guidestone Funds Fund Market Value
| GMBZX Fund | 9.72 0.03 0.31% |
| Symbol | Guidestone |
Guidestone Funds '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 Guidestone Funds' 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 Guidestone Funds.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Guidestone Funds on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Guidestone Funds or generate 0.0% return on investment in Guidestone Funds over 720 days. Guidestone Funds is related to or competes with Growth Allocation, Defensive Market, Value Equity, Value Equity, Guidestone Value, Guidestone Growth, and Emerging Markets. The fund invests mainly in fixed income instruments More
Guidestone Funds 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 Guidestone Funds' 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 Guidestone Funds upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.50) | |||
| Maximum Drawdown | 1.32 | |||
| Value At Risk | (0.61) | |||
| Potential Upside | 0.409 |
Guidestone Funds Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guidestone Funds' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guidestone Funds' standard deviation. In reality, there are many statistical measures that can use Guidestone Funds historical prices to predict the future Guidestone Funds' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 1.64 |
Guidestone Funds Backtested Returns
Guidestone Funds holds Efficiency (Sharpe) Ratio of -0.0641, which attests that the entity had a -0.0641% return per unit of risk over the last 3 months. Guidestone Funds exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Guidestone Funds' Standard Deviation of 0.3126, market risk adjusted performance of 1.65, and Risk Adjusted Performance of (0.06) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of -0.0171, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Guidestone Funds are expected to decrease at a much lower rate. During the bear market, Guidestone Funds is likely to outperform the market.
Auto-correlation | 0.03 |
Virtually no predictability
Guidestone Funds has virtually no predictability. Overlapping area represents the amount of predictability between Guidestone Funds time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st of December 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 Guidestone Funds price movement. The serial correlation of 0.03 indicates that only 3.0% of current Guidestone Funds price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Guidestone Funds lagged returns against current returns
Autocorrelation, which is Guidestone Funds 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 Guidestone Funds' mutual fund expected returns. We can calculate the autocorrelation of Guidestone Funds returns to help us make a trade decision. For example, suppose you find that Guidestone Funds 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 |
Guidestone Funds 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 Guidestone Funds mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guidestone Funds mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guidestone Funds mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Guidestone Funds Lagged Returns
When evaluating Guidestone Funds' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guidestone Funds mutual fund have on its future price. Guidestone Funds 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, Guidestone Funds autocorrelation shows the relationship between Guidestone Funds mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Guidestone Funds .
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 Guidestone Mutual Fund
Guidestone Funds financial ratios help investors to determine whether Guidestone 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 Guidestone with respect to the benefits of owning Guidestone Funds security.
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