Guggenheim Managed Futures Fund Market Value

RYIFX Fund  USD 20.77  0.18  0.87%   
Guggenheim Managed's market value is the price at which a share of Guggenheim Managed trades on a public exchange. It measures the collective expectations of Guggenheim Managed Futures investors about its performance. Guggenheim Managed is trading at 20.77 as of the 24th of December 2024; that is 0.87 percent up since the beginning of the trading day. The fund's open price was 20.59.
With this module, you can estimate the performance of a buy and hold strategy of Guggenheim Managed Futures and determine expected loss or profit from investing in Guggenheim Managed over a given investment horizon. Check out Guggenheim Managed Correlation, Guggenheim Managed Volatility and Guggenheim Managed Alpha and Beta module to complement your research on Guggenheim Managed.
Symbol

Please note, there is a significant difference between Guggenheim Managed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guggenheim Managed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guggenheim Managed'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 Managed '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 Managed'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 Guggenheim Managed.
0.00
11/24/2024
No Change 0.00  0.0 
In 31 days
12/24/2024
0.00
If you would invest  0.00  in Guggenheim Managed on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Guggenheim Managed Futures or generate 0.0% return on investment in Guggenheim Managed over 30 days. Guggenheim Managed is related to or competes with Guggenheim Directional, Guggenheim Directional, Guggenheim Directional, Guggenheim Rbp, Guggenheim Rbp, Guggenheim Rbp, and Guggenheim Rbp. The advisor intends to invest in multiple proprietary and third-party investment strategies that seek to identify and pr... More

Guggenheim Managed 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 Managed'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 Guggenheim Managed Futures upside and downside potential and time the market with a certain degree of confidence.

Guggenheim Managed Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Guggenheim Managed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guggenheim Managed's standard deviation. In reality, there are many statistical measures that can use Guggenheim Managed historical prices to predict the future Guggenheim Managed's volatility.
Hype
Prediction
LowEstimatedHigh
19.9620.7721.58
Details
Intrinsic
Valuation
LowRealHigh
19.9920.8021.61
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Guggenheim Managed. Your research has to be compared to or analyzed against Guggenheim Managed's peers to derive any actionable benefits. When done correctly, Guggenheim Managed's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Guggenheim Managed.

Guggenheim Managed Backtested Returns

Guggenheim Managed holds Efficiency (Sharpe) Ratio of -0.0456, which attests that the entity had a -0.0456% return per unit of risk over the last 3 months. Guggenheim Managed exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Guggenheim Managed's Market Risk Adjusted Performance of (0.19), standard deviation of 0.8173, and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Guggenheim Managed's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guggenheim Managed is expected to be smaller as well.

Auto-correlation

    
  -0.63  

Very good reverse predictability

Guggenheim Managed Futures has very good reverse predictability. Overlapping area represents the amount of predictability between Guggenheim Managed time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 Managed price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Guggenheim Managed price fluctuation can be explain by its past prices.
Correlation Coefficient-0.63
Spearman Rank Test-0.52
Residual Average0.0
Price Variance0.18

Guggenheim Managed lagged returns against current returns

Autocorrelation, which is Guggenheim Managed 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 Guggenheim Managed's mutual fund expected returns. We can calculate the autocorrelation of Guggenheim Managed returns to help us make a trade decision. For example, suppose you find that Guggenheim Managed 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  

Guggenheim Managed 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 Managed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guggenheim Managed mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guggenheim Managed mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Guggenheim Managed Lagged Returns

When evaluating Guggenheim Managed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guggenheim Managed mutual fund have on its future price. Guggenheim Managed 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 Managed autocorrelation shows the relationship between Guggenheim Managed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Guggenheim Managed Futures.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Guggenheim Mutual Fund

Guggenheim Managed financial ratios help investors to determine whether Guggenheim 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 Guggenheim with respect to the benefits of owning Guggenheim Managed security.
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