Guidemark Smallmid Cap Fund Market Value
| GMSMX Fund | USD 20.05 0.09 0.45% |
| Symbol | Guidemark |
Guidemark Smallmid '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 Guidemark Smallmid's mutual 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 Guidemark Smallmid.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Guidemark Smallmid on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Guidemark Smallmid Cap or generate 0.0% return on investment in Guidemark Smallmid over 30 days. Guidemark Smallmid is related to or competes with Blackrock All-cap, Invesco Energy, Thrivent Natural, Goehring Rozencwajg, Salient Mlp, and Blackrock All-cap. Under normal circumstances, the fund invests at least 80 percent of its assets in the securities of small-to-medium capi... More
Guidemark Smallmid 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 Guidemark Smallmid's mutual 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 Guidemark Smallmid Cap upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 14.12 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 1.78 |
Guidemark Smallmid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guidemark Smallmid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guidemark Smallmid's standard deviation. In reality, there are many statistical measures that can use Guidemark Smallmid historical prices to predict the future Guidemark Smallmid's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.19) |
Guidemark Smallmid Cap Backtested Returns
Guidemark Smallmid Cap holds Efficiency (Sharpe) Ratio of -0.0407, which attests that the entity had a -0.0407% return per unit of risk over the last 3 months. Guidemark Smallmid Cap exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Guidemark Smallmid's Risk Adjusted Performance of (0.03), market risk adjusted performance of (0.18), and Standard Deviation of 1.62 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.37, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Guidemark Smallmid's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guidemark Smallmid is expected to be smaller as well.
Auto-correlation | -0.49 |
Modest reverse predictability
Guidemark Smallmid Cap has modest reverse predictability. Overlapping area represents the amount of predictability between Guidemark Smallmid time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th 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 Guidemark Smallmid Cap price movement. The serial correlation of -0.49 indicates that about 49.0% of current Guidemark Smallmid price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Guidemark Smallmid Cap lagged returns against current returns
Autocorrelation, which is Guidemark Smallmid mutual 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 Guidemark Smallmid's mutual fund expected returns. We can calculate the autocorrelation of Guidemark Smallmid returns to help us make a trade decision. For example, suppose you find that Guidemark Smallmid has exhibited high autocorrelation historically, and you observe that the mutual 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 |
Guidemark Smallmid 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 Guidemark Smallmid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guidemark Smallmid mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guidemark Smallmid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Guidemark Smallmid Lagged Returns
When evaluating Guidemark Smallmid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guidemark Smallmid mutual fund have on its future price. Guidemark Smallmid 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, Guidemark Smallmid autocorrelation shows the relationship between Guidemark Smallmid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Guidemark Smallmid Cap.
Regressed Prices |
| Timeline |
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Other Information on Investing in Guidemark Mutual Fund
Guidemark Smallmid financial ratios help investors to determine whether Guidemark 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 Guidemark with respect to the benefits of owning Guidemark Smallmid security.
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