Guggenheim Active Allocation Stock Market Value
| GUG Stock | USD 15.72 0.15 0.96% |
| Symbol | Guggenheim |
Guggenheim Active Company Valuation
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Guggenheim Active. If investors know Guggenheim will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Guggenheim Active listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 2.11 |
The market value of Guggenheim Active is measured differently than its book value, which is the value of Guggenheim that is recorded on the company's balance sheet. Investors also form their own opinion of Guggenheim Active's value that differs from its market value or its book value, called intrinsic value, which is Guggenheim Active's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Guggenheim Active's market value can be influenced by many factors that don't directly affect Guggenheim Active's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Guggenheim Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guggenheim Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guggenheim Active's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Guggenheim Active '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 Guggenheim Active's stock 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 Guggenheim Active.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Guggenheim Active on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Guggenheim Active Allocation or generate 0.0% return on investment in Guggenheim Active over 30 days. Guggenheim Active is related to or competes with Atlanticus Holdings, Great Elm, Thrivent High, Morningstar Unconstrained, Via Renewables, T Rowe, and 70082LAB3. Guggenheim Active is entity of United States More
Guggenheim Active 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 Guggenheim Active's stock 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 Guggenheim Active Allocation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8388 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 4.08 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 1.49 |
Guggenheim Active Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guggenheim Active's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guggenheim Active's standard deviation. In reality, there are many statistical measures that can use Guggenheim Active historical prices to predict the future Guggenheim Active's volatility.| Risk Adjusted Performance | 0.0316 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.0634 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Guggenheim Active'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.
Guggenheim Active Backtested Returns
At this point, Guggenheim Active is very steady. Guggenheim Active holds Efficiency (Sharpe) Ratio of 0.033, which attests that the entity had a 0.033% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Guggenheim Active, which you can use to evaluate the volatility of the firm. Please check out Guggenheim Active's Market Risk Adjusted Performance of 0.0734, downside deviation of 0.8388, and Risk Adjusted Performance of 0.0316 to validate if the risk estimate we provide is consistent with the expected return of 0.0274%. Guggenheim Active has a performance score of 2 on a scale of 0 to 100. The company 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, Guggenheim Active's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guggenheim Active is expected to be smaller as well. Guggenheim Active right now retains a risk of 0.83%. Please check out Guggenheim Active jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to decide if Guggenheim Active will be following its current trending patterns.
Auto-correlation | 0.04 |
Virtually no predictability
Guggenheim Active Allocation has virtually no predictability. Overlapping area represents the amount of predictability between Guggenheim Active time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Guggenheim Active price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Guggenheim Active price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Guggenheim Active lagged returns against current returns
Autocorrelation, which is Guggenheim Active stock'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 Guggenheim Active's stock expected returns. We can calculate the autocorrelation of Guggenheim Active returns to help us make a trade decision. For example, suppose you find that Guggenheim Active has exhibited high autocorrelation historically, and you observe that the stock 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 |
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Guggenheim Active 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 Guggenheim Active stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guggenheim Active stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guggenheim Active stock over time.
Current vs Lagged Prices |
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Guggenheim Active Lagged Returns
When evaluating Guggenheim Active's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guggenheim Active stock have on its future price. Guggenheim Active 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, Guggenheim Active autocorrelation shows the relationship between Guggenheim Active stock current value and its past values and can show if there is a momentum factor associated with investing in Guggenheim Active Allocation.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Guggenheim Active is a strong investment it is important to analyze Guggenheim Active's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Guggenheim Active's future performance. For an informed investment choice regarding Guggenheim Stock, refer to the following important reports:Check out Guggenheim Active Correlation, Guggenheim Active Volatility and Guggenheim Active Alpha and Beta module to complement your research on Guggenheim Active. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Guggenheim Active technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.