Guidemark World Ex Us Fund Market Value
| GMWEX Fund | USD 10.94 0.06 0.55% |
| Symbol | Guidemark |
Guidemark World '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 World'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 World.
| 12/29/2022 |
| 12/18/2024 |
If you would invest 0.00 in Guidemark World on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding Guidemark World Ex Us or generate 0.0% return on investment in Guidemark World over 720 days. Guidemark World is related to or competes with Guidemark, Guidemark Large, Guidemark Large, Guidemark Smallmid, Guidepath Growth, Guidepath Servative, and Guidepath Tactical. Under normal circumstances, the fund invests at least 80 percent of its assets in equity securities More
Guidemark World 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 World'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 World Ex Us upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 3.54 | |||
| Value At Risk | (1.08) | |||
| Potential Upside | 1.19 |
Guidemark World Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guidemark World's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guidemark World's standard deviation. In reality, there are many statistical measures that can use Guidemark World historical prices to predict the future Guidemark World's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.18) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Guidemark World's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Guidemark World Ex Backtested Returns
Guidemark World Ex holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. Guidemark World Ex exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Guidemark World's Risk Adjusted Performance of (0.05), market risk adjusted performance of (0.17), and Standard Deviation of 0.7219 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.33, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Guidemark World's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guidemark World is expected to be smaller as well.
Auto-correlation | 0.17 |
Very weak predictability
Guidemark World Ex Us has very weak predictability. Overlapping area represents the amount of predictability between Guidemark World time series from 29th of December 2022 to 24th of December 2023 and 24th of December 2023 to 18th of December 2024. 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 World Ex price movement. The serial correlation of 0.17 indicates that over 17.0% of current Guidemark World price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Guidemark World Ex lagged returns against current returns
Autocorrelation, which is Guidemark World 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 World's mutual fund expected returns. We can calculate the autocorrelation of Guidemark World returns to help us make a trade decision. For example, suppose you find that Guidemark World 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 World 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 World mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guidemark World 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 World mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Guidemark World Lagged Returns
When evaluating Guidemark World's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guidemark World mutual fund have on its future price. Guidemark World 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 World autocorrelation shows the relationship between Guidemark World mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Guidemark World Ex Us.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Guidemark Mutual Fund
Guidemark World 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 World security.
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