Guidepath Income Fund Quote
| GPINX Fund | USD 8.28 0.04 0.48% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Guidepath Income is trading at 8.28 as of the 1st of May 2024; that is -0.48 percent decrease since the beginning of the trading day. The fund's open price was 8.32. Guidepath Income has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Guidepath Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of November 2023 and ending today, the 1st of May 2024. Click here to learn more.
The fund invests primarily in a portfolio of actively and passively managed registered mutual funds, exchange-traded funds and closed-end funds, in addition to direct investments in securities and certain derivatives. The funds in which it may invest are referred to herein as the underlying funds. More on Guidepath Income
Moving together with Guidepath Mutual Fund
| 0.96 | GIARX | Guidepath Absolute Return | PairCorr |
| 0.87 | GIXFX | Guidepath Flexible | PairCorr |
| 0.97 | GPARX | Guidepath Absolute Return | PairCorr |
| 0.74 | GPIFX | Guidepath Flexible | PairCorr |
Guidepath Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Guidepath Income's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Guidepath Income or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | GuidePath Funds, Large Funds, Intermediate Core-Plus Bond Funds, Intermediate Core-Plus Bond, GuidePath (View all Sectors) |
| Update Date | 31st of March 2024 |
Guidepath Income [GPINX] is traded in USA and was established 1st of May 2024. Guidepath Income is listed under GuidePath category by Fama And French industry classification. The fund is listed under Intermediate Core-Plus Bond category and is part of GuidePath family. This fund currently has accumulated 101.09 K in assets under management (AUM) with no minimum investment requirementsGuidepath Income is currently producing year-to-date (YTD) return of 0.69% with the current yeild of 0.04%, while the total return for the last 3 years was -3.59%.
Check Guidepath Income Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Guidepath Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Guidepath Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Guidepath Income Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Guidepath Income Mutual Fund Constituents
| LQD | iShares iBoxx Investment | Etf | Corporate Bond |
| IEF | iShares 7 10 Year | Etf | Long Government |
| BIL | SPDR Bloomberg 1 3 | Etf | Ultrashort Bond |
| AGG | iShares Core Aggregate | Etf | Intermediate Core Bond |
| BND | Vanguard Total Bond | Etf | Intermediate Core Bond |
| EMB | iShares JP Morgan | Etf | Emerging Markets Bond |
| HYEM | VanEck Emerging Markets | Etf | Emerging Markets Bond |
Guidepath Income Target Price Odds Analysis
Based on a normal probability distribution, the odds of Guidepath Income jumping above the current price in 90 days from now is under 95%. The Guidepath Income probability density function shows the probability of Guidepath Income mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Guidepath Income has a beta of 0.0299. This usually indicates as returns on the market go up, Guidepath Income average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Guidepath Income will be expected to be much smaller as well. Additionally, guidepath Income has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Guidepath Income to move above the current price in 90 days from now is under 95 (This Guidepath Income probability density function shows the probability of Guidepath Mutual Fund to fall within a particular range of prices over 90 days) .
Guidepath Income Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Guidepath Income market risk premium is the additional return an investor will receive from holding Guidepath Income long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Guidepath Income. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Guidepath Income's alpha and beta are two of the key measurements used to evaluate Guidepath Income's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.244 | |||
| Standard Deviation | 0.3342 | |||
| Variance | 0.1117 | |||
| Risk Adjusted Performance | (0.02) |
Guidepath Income Against Markets
Picking the right benchmark for Guidepath Income mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Guidepath Income mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Guidepath Income is critical whether you are bullish or bearish towards Guidepath Income at a given time. Please also check how Guidepath Income's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Guidepath Income without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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How to buy Guidepath Mutual Fund?
Before investing in Guidepath Income, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Guidepath Income. To buy Guidepath Income fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Guidepath Income. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Guidepath Income fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Guidepath Income fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Guidepath Income fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Guidepath Income, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Guidepath Income?
The danger of trading Guidepath Income is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Guidepath Income is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Guidepath Income. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Guidepath Income is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guidepath Income. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.