Guggenheim Taxable Municipal Etf Five Year Return
| GBAB Etf | USD 15.45 0.01 0.06% |
Guggenheim Taxable Municipal fundamentals help investors to digest information that contributes to Guggenheim Taxable's financial success or failures. It also enables traders to predict the movement of Guggenheim Etf. The fundamental analysis module provides a way to measure Guggenheim Taxable's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Guggenheim Taxable etf.
Guggenheim |
Guggenheim Taxable Municipal ETF Five Year Return Analysis
Guggenheim Taxable's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
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Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Guggenheim Taxable Five Year Return | 6.76 % |
Most of Guggenheim Taxable's fundamental indicators, such as Five Year Return, 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 Taxable Municipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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According to the company disclosure, Guggenheim Taxable Municipal has a Five Year Return of 6.76%. This is much higher than that of the Capital Markets family and significantly higher than that of the Financials category. The five year return for all United States etfs is notably lower than that of the firm.
Guggenheim Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Guggenheim Taxable's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Guggenheim Taxable could also be used in its relative valuation, which is a method of valuing Guggenheim Taxable by comparing valuation metrics of similar companies.Guggenheim Taxable is currently under evaluation in five year return as compared to similar ETFs.
Guggenheim Fundamentals
| Shares Outstanding | 26.71 M | ||||
| Shares Owned By Institutions | 22.93 % | ||||
| Number Of Shares Shorted | 27.62 K | ||||
| Price To Earning | 9.55 X | ||||
| Price To Book | 0.99 X | ||||
| Price To Sales | 8.73 X | ||||
| Revenue | 22.52 M | ||||
| EBITDA | 29.43 M | ||||
| Net Income | 21.61 M | ||||
| Total Debt | 119.22 M | ||||
| Cash Flow From Operations | 14.74 M | ||||
| Short Ratio | 0.43 X | ||||
| Earnings Per Share | 1.96 X | ||||
| Beta | -0.01 | ||||
| Market Capitalization | 412.94 M | ||||
| Total Asset | 510.47 M | ||||
| Retained Earnings | (66.89 M) | ||||
| Annual Yield | 0.10 % | ||||
| Five Year Return | 6.76 % | ||||
| Net Asset | 510.47 M |
About Guggenheim Taxable Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Guggenheim Taxable Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Guggenheim Taxable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Guggenheim Taxable Municipal based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 Etf
Guggenheim Taxable financial ratios help investors to determine whether Guggenheim Etf 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 Taxable security.