Guardian Investment Grade Fund Market Value
| GIGC Fund | 21.49 0.12 0.56% |
| Symbol | Guardian |
Guardian Investment 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Guardian Investment's fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Guardian Investment.
| 12/11/2024 |
| 01/10/2025 |
If you would invest 0.00 in Guardian Investment on December 11, 2024 and sell it all today you would earn a total of 0.00 from holding Guardian Investment Grade or generate 0.0% return on investment in Guardian Investment over 30 days.
Guardian Investment Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Guardian Investment's fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Guardian Investment Grade upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 2.69 | |||
| Value At Risk | (0.46) | |||
| Potential Upside | 0.0463 |
Guardian Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guardian Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guardian Investment's standard deviation. In reality, there are many statistical measures that can use Guardian Investment historical prices to predict the future Guardian Investment's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | 0.7945 |
Guardian Investment Grade Backtested Returns
As of now, Guardian Fund is very steady. Guardian Investment Grade holds Efficiency (Sharpe) Ratio of 0.057, which attests that the entity had a 0.057% return per unit of standard deviation over the last 3 months. We have found twenty-two technical indicators for Guardian Investment Grade, which you can use to evaluate the volatility of the entity. Please check out Guardian Investment's risk adjusted performance of (0.03), and Market Risk Adjusted Performance of 0.8045 to validate if the risk estimate we provide is consistent with the expected return of 0.0184%. The fund retains a Market Volatility (i.e., Beta) of -0.0241, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Guardian Investment are expected to decrease at a much lower rate. During the bear market, Guardian Investment is likely to outperform the market.
Auto-correlation | 0.66 |
Good predictability
Guardian Investment Grade has good predictability. Overlapping area represents the amount of predictability between Guardian Investment time series from 11th of December 2024 to 26th of December 2024 and 26th of December 2024 to 10th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Guardian Investment Grade price movement. The serial correlation of 0.66 indicates that around 66.0% of current Guardian Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Guardian Investment Grade lagged returns against current returns
Autocorrelation, which is Guardian Investment fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Guardian Investment's fund expected returns. We can calculate the autocorrelation of Guardian Investment returns to help us make a trade decision. For example, suppose you find that Guardian Investment has exhibited high autocorrelation historically, and you observe that the fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Guardian Investment regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Guardian Investment fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guardian Investment fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guardian Investment fund over time.
Current vs Lagged Prices |
| Timeline |
Guardian Investment Lagged Returns
When evaluating Guardian Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guardian Investment fund have on its future price. Guardian Investment autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Guardian Investment autocorrelation shows the relationship between Guardian Investment fund current value and its past values and can show if there is a momentum factor associated with investing in Guardian Investment Grade.
Regressed Prices |
| Timeline |
Pair Trading with Guardian Investment
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Guardian Investment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Guardian Investment will appreciate offsetting losses from the drop in the long position's value.Moving together with Guardian Fund
| 0.81 | 0P0001FAU8 | TD Comfort Balanced | PairCorr |
The ability to find closely correlated positions to Guardian Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Guardian Investment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Guardian Investment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Guardian Investment Grade to buy it.
The correlation of Guardian Investment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Guardian Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Guardian Investment Grade moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Guardian Investment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
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