Guggenheim Rbp Dividend Fund Market Value

TVEFX Fund  USD 16.37  0.00  0.00%   
Guggenheim Rbp's market value is the price at which a share of Guggenheim Rbp trades on a public exchange. It measures the collective expectations of Guggenheim Rbp Dividend investors about its performance. Guggenheim Rbp is trading at 16.37 as of the 23rd of December 2024; that is No Change since the beginning of the trading day. The fund's open price was 16.37.
With this module, you can estimate the performance of a buy and hold strategy of Guggenheim Rbp Dividend and determine expected loss or profit from investing in Guggenheim Rbp over a given investment horizon. Check out Guggenheim Rbp Correlation, Guggenheim Rbp Volatility and Guggenheim Rbp Alpha and Beta module to complement your research on Guggenheim Rbp.
Symbol

Please note, there is a significant difference between Guggenheim Rbp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guggenheim Rbp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guggenheim Rbp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Guggenheim Rbp '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 Guggenheim Rbp's 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 Guggenheim Rbp.
0.00
06/26/2024
No Change 0.00  0.0 
In 5 months and 30 days
12/23/2024
0.00
If you would invest  0.00  in Guggenheim Rbp on June 26, 2024 and sell it all today you would earn a total of 0.00 from holding Guggenheim Rbp Dividend or generate 0.0% return on investment in Guggenheim Rbp over 180 days. Guggenheim Rbp is related to or competes with Guggenheim Directional, Guggenheim Directional, Guggenheim Directional, Guggenheim Rbp, Guggenheim Rbp, Guggenheim Rbp, and Guggenheim Rbp. The fund invests at least 80 percent of its net assets, plus the amount of borrowings for investment purposes, in securi... More

Guggenheim Rbp 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 Guggenheim Rbp's 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 Guggenheim Rbp Dividend upside and downside potential and time the market with a certain degree of confidence.

Guggenheim Rbp Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Guggenheim Rbp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guggenheim Rbp's standard deviation. In reality, there are many statistical measures that can use Guggenheim Rbp historical prices to predict the future Guggenheim Rbp's volatility.
Hype
Prediction
LowEstimatedHigh
16.0516.3716.69
Details
Intrinsic
Valuation
LowRealHigh
16.0616.3816.70
Details
Naive
Forecast
LowNextHigh
15.9916.3116.63
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.3716.3716.37
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Guggenheim Rbp. Your research has to be compared to or analyzed against Guggenheim Rbp's peers to derive any actionable benefits. When done correctly, Guggenheim Rbp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Guggenheim Rbp Dividend.

Guggenheim Rbp Dividend Backtested Returns

At this stage we consider Guggenheim Mutual Fund to be very steady. Guggenheim Rbp Dividend holds Efficiency (Sharpe) Ratio of 0.0372, which attests that the entity had a 0.0372% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Guggenheim Rbp Dividend, which you can use to evaluate the volatility of the entity. Please check out Guggenheim Rbp's Downside Deviation of 0.5243, market risk adjusted performance of 0.0636, and Risk Adjusted Performance of 0.0302 to validate if the risk estimate we provide is consistent with the expected return of 0.012%. The fund retains a Market Volatility (i.e., Beta) of 0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Guggenheim Rbp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guggenheim Rbp is expected to be smaller as well.

Auto-correlation

    
  0.05  

Virtually no predictability

Guggenheim Rbp Dividend has virtually no predictability. Overlapping area represents the amount of predictability between Guggenheim Rbp time series from 26th of June 2024 to 24th of September 2024 and 24th of September 2024 to 23rd 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 Guggenheim Rbp Dividend price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Guggenheim Rbp price fluctuation can be explain by its past prices.
Correlation Coefficient0.05
Spearman Rank Test0.1
Residual Average0.0
Price Variance0.01

Guggenheim Rbp Dividend lagged returns against current returns

Autocorrelation, which is Guggenheim Rbp 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 Guggenheim Rbp's mutual fund expected returns. We can calculate the autocorrelation of Guggenheim Rbp returns to help us make a trade decision. For example, suppose you find that Guggenheim Rbp 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  

Guggenheim Rbp 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 Guggenheim Rbp mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guggenheim Rbp mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guggenheim Rbp mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Guggenheim Rbp Lagged Returns

When evaluating Guggenheim Rbp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guggenheim Rbp mutual fund have on its future price. Guggenheim Rbp 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, Guggenheim Rbp autocorrelation shows the relationship between Guggenheim Rbp mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Guggenheim Rbp Dividend.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Guggenheim Mutual Fund

Guggenheim Rbp 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 Rbp security.
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