Guidepath Managed Futures Fund Price on October 3, 2024
| GPMFX Fund | USD 7.82 0.07 0.89% |
Below is the normalized historical share price chart for Guidepath Managed Futures extending back to January 19, 2016. 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 Guidepath(r) Managed stands at 7.82, as last reported on the 29th of November, with the highest price reaching 7.82 and the lowest price hitting 7.82 during the day.
If you're considering investing in Guidepath(r) Mutual Fund, it is important to understand the factors that can impact its price. Guidepath Managed Futures holds Efficiency (Sharpe) Ratio of -0.0382, which attests that the entity had a -0.0382% return per unit of risk over the last 3 months. Guidepath Managed Futures exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Guidepath(r) Managed's Market Risk Adjusted Performance of (0.11), risk adjusted performance of (0.05), and Standard Deviation of 0.5327 to validate the risk estimate we provide.
Guidepath(r) Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Guidepath(r) |
Sharpe Ratio = -0.0382
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| Negative Returns | GPMFX |
Estimated Market Risk
| 0.54 actual daily | 4 96% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Guidepath(r) Managed is not performing at its full potential. However, 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 Guidepath(r) Managed by adding Guidepath(r) Managed to a well-diversified portfolio.
Guidepath(r) Managed Valuation on October 3, 2024
It is possible to determine the worth of Guidepath(r) Managed on a given historical date. On October 3, 2024 Guidepath(r) was worth 7.94 at the beginning of the trading date compared to the closed value of 7.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guidepath(r) Managed mutual fund. Still, in general, we apply an absolute valuation method to find Guidepath(r) Managed'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 Guidepath(r) Managed where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guidepath(r) Managed's related companies.
| Open | High | Low | Close | Volume | |
| 8.03 | 8.03 | 8.03 | 8.03 | 1.00 | |
10/03/2024 | 7.94 | 7.94 | 7.94 | 7.94 | 1.00 |
| 7.87 | 7.87 | 7.87 | 7.87 | 1.00 |
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Guidepath(r) Managed Trading Date Momentum on October 3, 2024
| On October 04 2024 Guidepath Managed Futures was traded for 7.87 at the closing time. The highest daily price throughout the period was 7.87 and the lowest price was 7.87 . There was no trading activity during the period 1.0. Lack of trading volume on 10/04/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.88% . The overall trading delta to current closing price is 1.13% . |
Guidepath Managed Futures Fundamentals Correlations and Trends
By evaluating Guidepath(r) Managed'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 Guidepath(r) Managed's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guidepath(r) financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Guidepath(r) Managed Mutual Fund history
Guidepath(r) Managed 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 Guidepath(r) is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guidepath Managed Futures 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 Guidepath(r) Managed stock prices may prove useful in developing a viable investing in Guidepath(r) Managed
Under normal market conditions, the fund seeks exposure to various asset classes, which may vary significantly over time but is generally expected to include exposure to equity markets, bond markets, interest rates, commodities, and currencies. The sub-advisor uses proprietary quantitative models to identify price trends in equity, fixed income, and currency and commodity instruments across time periods of various lengths.
Guidepath(r) Managed Mutual Fund Technical Analysis
Guidepath(r) Managed 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
Guidepath(r) Managed Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Guidepath Managed Futures 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.
Guidepath(r) Managed November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Guidepath(r) Managed 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 Guidepath(r) Managed shares will generate the highest return on investment. By undertsting and applying Guidepath(r) Managed mutual fund market strength indicators, traders can identify Guidepath Managed Futures entry and exit signals to maximize returns
Guidepath(r) Managed Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guidepath(r) Managed's price direction in advance. Along with the technical and fundamental analysis of Guidepath(r) Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Guidepath(r) 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 | (0.05) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.12) |
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Other Information on Investing in Guidepath(r) Mutual Fund
Guidepath(r) Managed financial ratios help investors to determine whether Guidepath(r) 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 Guidepath(r) with respect to the benefits of owning Guidepath(r) Managed security.
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