Mydestination 2055 Fund Price on February 6, 2023
| GMGZX Fund | USD 17.84 0.12 0.67% |
Below is the normalized historical share price chart for Mydestination 2055 Fund extending back to January 03, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Mydestination 2055 stands at 17.84, as last reported on the 16th of December 2024, with the highest price reaching 17.84 and the lowest price hitting 17.84 during the day.
If you're considering investing in Mydestination Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Mydestination Mutual Fund to be very steady. Mydestination 2055 has Sharpe Ratio of 0.0327, which conveys that the entity had a 0.0327% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mydestination 2055, which you can use to evaluate the volatility of the fund. Please verify Mydestination 2055's Risk Adjusted Performance of 0.0356, downside deviation of 0.7292, and Mean Deviation of 0.4706 to check out if the risk estimate we provide is consistent with the expected return of 0.0215%.
Mydestination Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mydestination |
Sharpe Ratio = 0.0327
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GMGZX |
Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Mydestination 2055 is performing at about 2% 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 Mydestination 2055 by adding it to a well-diversified portfolio.
Mydestination 2055 Valuation on February 6, 2023
It is possible to determine the worth of Mydestination 2055 on a given historical date. On February 6, 2023 Mydestination was worth 13.98 at the beginning of the trading date compared to the closed value of 13.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mydestination 2055 mutual fund. Still, in general, we apply an absolute valuation method to find Mydestination 2055's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Mydestination 2055 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mydestination 2055's related companies.
| Open | High | Low | Close | Volume | |
| 14.08 | 14.08 | 14.08 | 14.08 | 1.00 | |
02/06/2023 | 13.98 | 13.98 | 13.98 | 13.98 | 1.00 |
| 14.10 | 14.10 | 14.10 | 14.10 | 1.00 |
| Backtest Mydestination 2055 | | | Mydestination 2055 History | | | Mydestination 2055 Valuation | Previous | Next |
Mydestination 2055 Trading Date Momentum on February 6, 2023
| On February 07 2023 Mydestination 2055 Fund was traded for 14.10 at the closing time. The highest daily price throughout the period was 14.10 and the lowest price was 14.10 . There was no trading activity during the period 1.0. Lack of trading volume on 02/07/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.86% . The trading delta at closing time to current closing price is 0.36% . |
Mydestination 2055 Fundamentals Correlations and Trends
By evaluating Mydestination 2055's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mydestination 2055's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mydestination financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mydestination 2055 Mutual Fund history
Mydestination 2055 investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Mydestination is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mydestination 2055 will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Mydestination 2055 stock prices may prove useful in developing a viable investing in Mydestination 2055
The fund pursues its objective by investing primarily in a diversified portfolio of GuideStone Funds Select Funds that represent various asset classes. It is managed to the specific retirement year included in its name and assumes a retirement age of 65. The Target Date refers to the approximate year an investor in the fund would plan to retire and likely stop making new investments in the fund. At the Target Date, the funds allocation to equities will be approximately 49 percent of its assets.
Mydestination 2055 Mutual Fund Technical Analysis
Mydestination 2055 technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Mydestination 2055 Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Mydestination 2055 Fund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Mydestination 2055 December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Mydestination 2055 mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mydestination 2055 shares will generate the highest return on investment. By undertsting and applying Mydestination 2055 mutual fund market strength indicators, traders can identify Mydestination 2055 Fund entry and exit signals to maximize returns
Mydestination 2055 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mydestination 2055's price direction in advance. Along with the technical and fundamental analysis of Mydestination Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mydestination to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0356 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.0387 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Mydestination Mutual Fund
Mydestination 2055 financial ratios help investors to determine whether Mydestination 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 Mydestination with respect to the benefits of owning Mydestination 2055 security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |