Guidepath Income Fund Market Value
| GPINX Fund | USD 8.63 0.03 0.35% |
| Symbol | Guidepath |
Guidepath Income '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 Guidepath Income'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 Guidepath Income.
| 12/20/2023 |
| 12/14/2024 |
If you would invest 0.00 in Guidepath Income on December 20, 2023 and sell it all today you would earn a total of 0.00 from holding Guidepath Income or generate 0.0% return on investment in Guidepath Income over 360 days. Guidepath Income is related to or competes with Aqr Managed, Guggenheim Managed, Ab Bond, Atac Inflation, Deutsche Global, and Fidelity Sai. The fund invests primarily in a portfolio of actively and passively managed registered mutual funds, exchange-traded fun... More
Guidepath Income 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 Guidepath Income'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 Guidepath Income upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.45) | |||
| Maximum Drawdown | 1.17 | |||
| Value At Risk | (0.35) | |||
| Potential Upside | 0.348 |
Guidepath Income Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guidepath Income's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guidepath Income's standard deviation. In reality, there are many statistical measures that can use Guidepath Income historical prices to predict the future Guidepath Income's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.19) |
Guidepath Income Backtested Returns
Guidepath Income holds Efficiency (Sharpe) Ratio of -0.0593, which attests that the entity had a -0.0593% return per unit of risk over the last 3 months. Guidepath Income exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Guidepath Income's Market Risk Adjusted Performance of (0.18), risk adjusted performance of (0.04), and Standard Deviation of 0.2383 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.0861, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Guidepath Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guidepath Income is expected to be smaller as well.
Auto-correlation | 0.32 |
Below average predictability
Guidepath Income has below average predictability. Overlapping area represents the amount of predictability between Guidepath Income time series from 20th of December 2023 to 17th of June 2024 and 17th of June 2024 to 14th 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 Guidepath Income price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Guidepath Income price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Guidepath Income lagged returns against current returns
Autocorrelation, which is Guidepath Income 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 Guidepath Income's mutual fund expected returns. We can calculate the autocorrelation of Guidepath Income returns to help us make a trade decision. For example, suppose you find that Guidepath Income 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 |
Guidepath Income 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 Guidepath Income mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guidepath Income mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guidepath Income mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Guidepath Income Lagged Returns
When evaluating Guidepath Income's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guidepath Income mutual fund have on its future price. Guidepath Income 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, Guidepath Income autocorrelation shows the relationship between Guidepath Income mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Guidepath Income.
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 Guidepath Mutual Fund
Guidepath Income financial ratios help investors to determine whether Guidepath 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 with respect to the benefits of owning Guidepath Income security.
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |