Guggenheim Rbp Large Cap Fund Market Value
| TVVAX Fund | USD 11.16 0.00 0.00% |
| Symbol | Guggenheim |
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.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Guggenheim Rbp on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Guggenheim Rbp Large Cap or generate 0.0% return on investment in Guggenheim Rbp over 180 days. Guggenheim Rbp is related to or competes with Ab Bond, Artisan High, Multisector Bond, Versatile Bond, Bbh Intermediate, and California Bond. 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 Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5574 | |||
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 2.02 | |||
| Value At Risk | (0.84) | |||
| Potential Upside | 0.8333 |
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.| Risk Adjusted Performance | 0.087 | |||
| Jensen Alpha | 0.0032 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | 0.1369 |
Guggenheim Rbp Large Backtested Returns
At this stage we consider Guggenheim Mutual Fund to be very steady. Guggenheim Rbp Large holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Guggenheim Rbp Large, which you can use to evaluate the volatility of the entity. Please check out Guggenheim Rbp's Downside Deviation of 0.5574, risk adjusted performance of 0.087, and Market Risk Adjusted Performance of 0.1469 to validate if the risk estimate we provide is consistent with the expected return of 0.0536%. The fund retains a Market Volatility (i.e., Beta) of 0.34, which attests to possible diversification benefits within a given portfolio. 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 | 0.47 |
Average predictability
Guggenheim Rbp Large Cap has average predictability. Overlapping area represents the amount of predictability between Guggenheim Rbp time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Large price movement. The serial correlation of 0.47 indicates that about 47.0% of current Guggenheim Rbp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Guggenheim Rbp Large 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 Large Cap.
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 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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