Guggenheim Limited Duration Fund Probability of Future Mutual Fund Price Finishing Over 22.48
| GILHX Fund | USD 24.47 0.01 0.04% |
Guggenheim |
Guggenheim Limited Target Price Odds to finish over 22.48
The tendency of Guggenheim Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 22.48 in 90 days |
| 24.47 | 90 days | 22.48 | close to 99 |
Based on a normal probability distribution, the odds of Guggenheim Limited to stay above $ 22.48 in 90 days from now is close to 99 (This Guggenheim Limited Duration probability density function shows the probability of Guggenheim Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Guggenheim Limited price to stay between $ 22.48 and its current price of $24.47 at the end of the 90-day period is about 89.06 .
Assuming the 90 days horizon Guggenheim Limited Duration has a beta of -0.0052. This usually indicates as returns on the benchmark increase, returns on holding Guggenheim Limited are expected to decrease at a much lower rate. During a bear market, however, Guggenheim Limited Duration is likely to outperform the market. Additionally Guggenheim Limited Duration has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Guggenheim Limited Price Density |
| Price |
Predictive Modules for Guggenheim Limited
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Guggenheim Limited. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Guggenheim Limited Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Guggenheim Limited is not an exception. The market had few large corrections towards the Guggenheim Limited's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Guggenheim Limited Duration, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Guggenheim Limited within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0063 | |
β | Beta against Dow Jones | -0.0052 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -1.15 |
Guggenheim Limited Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Guggenheim Limited for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Guggenheim Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund retains about 8.0% of its assets under management (AUM) in cash |
Guggenheim Limited Technical Analysis
Guggenheim Limited's future price can be derived by breaking down and analyzing its technical indicators over time. Guggenheim Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Guggenheim Limited Duration. In general, you should focus on analyzing Guggenheim Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Guggenheim Limited Predictive Forecast Models
Guggenheim Limited's time-series forecasting models is one of many Guggenheim Limited's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Guggenheim Limited's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Guggenheim Limited
Checking the ongoing alerts about Guggenheim Limited for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Guggenheim Limited 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 8.0% of its assets under management (AUM) in cash |
Other Information on Investing in Guggenheim Mutual Fund
Guggenheim Limited 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 Limited security.
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