Guggenheim Floating Rate Fund Manager Performance Evaluation
| GIFIX Fund | USD 24.30 0.01 0.04% |
The fund retains a Market Volatility (i.e., Beta) of 0.0021, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Guggenheim Floating's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guggenheim Floating is expected to be smaller as well.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Guggenheim Floating Rate are ranked lower than 16 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Guggenheim Floating is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 26th of May 2023 | |
| Expense Ratio | 0.8000 |
Guggenheim |
Guggenheim Floating Relative Risk vs. Return Landscape
If you would invest 2,393 in Guggenheim Floating Rate on September 12, 2024 and sell it today you would earn a total of 37.00 from holding Guggenheim Floating Rate or generate 1.55% return on investment over 90 days. Guggenheim Floating Rate is currently producing 0.0244% returns and takes up 0.1168% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Guggenheim, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Guggenheim Floating Current Valuation
Overvalued
Today
Please note that Guggenheim Floating's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Guggenheim Floating Rate retains a regular Real Value of $22.32 per share. The prevalent price of the fund is $24.3. We determine the value of Guggenheim Floating Rate from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Guggenheim Floating is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Guggenheim Mutual Fund. However, Guggenheim Floating's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 24.3 | Real 22.32 | Hype 24.3 | Naive 24.27 |
The intrinsic value of Guggenheim Floating's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Guggenheim Floating's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Guggenheim Floating Rate helps investors to forecast how Guggenheim mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Guggenheim Floating more accurately as focusing exclusively on Guggenheim Floating's fundamentals will not take into account other important factors: Guggenheim Floating Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guggenheim Floating's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Guggenheim Floating Rate, and traders can use it to determine the average amount a Guggenheim Floating's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2091
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GIFIX |
Estimated Market Risk
| 0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Guggenheim Floating is performing at about 16% of its full potential. 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 Floating by adding it to a well-diversified portfolio.
Guggenheim Floating Fundamentals Growth
Guggenheim Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Guggenheim Floating, and Guggenheim Floating fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Guggenheim Mutual Fund performance.
| Total Asset | 774.24 M | ||||
About Guggenheim Floating Performance
Evaluating Guggenheim Floating's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Guggenheim Floating has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Guggenheim Floating has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its assets in floating rate senior secured syndicated bank loans, floating rate revolving credit facilities, floating rate unsecured loans, floating rate asset backed securities, other floating rate bonds, loans, notes and other securities, fixed income instruments, and derivative instruments that provide exposure to floating rate or variable rate loans, obligations or other securities. Guggenheim Floating is traded on NASDAQ Exchange in the United States.Things to note about Guggenheim Floating Rate performance evaluation
Checking the ongoing alerts about Guggenheim Floating for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Guggenheim Floating Rate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains about 20.78% of its assets under management (AUM) in fixed income securities |
- Analyzing Guggenheim Floating's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Guggenheim Floating's stock is overvalued or undervalued compared to its peers.
- Examining Guggenheim Floating's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Guggenheim Floating's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Guggenheim Floating's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Guggenheim Floating's mutual fund. These opinions can provide insight into Guggenheim Floating's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Guggenheim Mutual Fund
Guggenheim Floating 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 Floating security.
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