Guggenheim World Financial Statements From 2010 to 2024
SEQAX Fund | USD 17.69 0.08 0.45% |
Check Guggenheim World financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Guggenheim World's main balance sheet or income statement drivers, such as , as well as many indicators such as . Guggenheim financial statements analysis is a perfect complement when working with Guggenheim World Valuation or Volatility modules.
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Guggenheim World Equity Mutual Fund Price To Earning Analysis
Guggenheim World's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Guggenheim World Price To Earning | 17.64 X |
Most of Guggenheim World's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Guggenheim World Equity is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Guggenheim World Equity has a Price To Earning of 17.64 times. This is much higher than that of the Guggenheim Investments family and significantly higher than that of the World Large-Stock Value category. The price to earning for all United States funds is notably lower than that of the firm.
Guggenheim World Equity Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Guggenheim World's current stock value. Our valuation model uses many indicators to compare Guggenheim World value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Guggenheim World competition to find correlations between indicators driving Guggenheim World's intrinsic value. More Info.Guggenheim World Equity is rated top fund in price to earning among similar funds. It also is rated top fund in price to book among similar funds fabricating about 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Guggenheim World Equity is roughly 7.67 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Guggenheim World's earnings, one of the primary drivers of an investment's value.About Guggenheim World Financial Statements
Guggenheim World investors use historical fundamental indicators, such as Guggenheim World's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Guggenheim World. Please read more on our technical analysis and fundamental analysis pages.
The fund will invest at least 80 percent of its assets in equity securities. The advisor intends to invest in higher dividend-yielding equity securities. It is not limited in the percentage of assets it may invest in securities listed, traded or dealt in any one country, region or geographic area and it may invest in a number of countries throughout the world, including emerging markets. The fund may invest in a variety of investment vehicles.
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 World 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 World security.
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