Guggenheim Mid Cap Fund Price on March 28, 2024
| SEVSX Fund | USD 22.98 0.10 0.44% |
Below is the normalized historical share price chart for Guggenheim Mid Cap extending back to March 01, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Guggenheim Mid stands at 22.98, as last reported on the 27th of April, with the highest price reaching 22.98 and the lowest price hitting 22.98 during the day.
If you're considering investing in Guggenheim Mutual Fund, it is important to understand the factors that can impact its price. We consider Guggenheim Mid very steady. Guggenheim Mid Cap holds Efficiency (Sharpe) Ratio of 0.0426, which attests that the entity had a 0.0426% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Guggenheim Mid Cap, which you can use to evaluate the volatility of the entity. Please check out Guggenheim Mid's Market Risk Adjusted Performance of (0.60), risk adjusted performance of 0.0373, and Downside Deviation of 0.9132 to validate if the risk estimate we provide is consistent with the expected return of 0.0373%.
Guggenheim Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Guggenheim |
Sharpe Ratio = 0.0426
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| Negative Returns | SEVSX |
Estimated Market Risk
| 0.88 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Guggenheim Mid is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Guggenheim Mid by adding it to a well-diversified portfolio.
Guggenheim Mid Valuation on March 28, 2024
It is possible to determine the worth of Guggenheim Mid on a given historical date. On March 28, 2024 Guggenheim was worth 24.04 at the beginning of the trading date compared to the closed value of 24.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guggenheim Mid mutual fund. Still, in general, we apply an absolute valuation method to find Guggenheim Mid's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Guggenheim Mid where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guggenheim Mid's related companies.
| Open | High | Low | Close | Volume | |
| 23.92 | 23.92 | 23.92 | 23.92 | 1.00 | |
03/28/2024 | 24.04 | 24.04 | 24.04 | 24.04 | 1.00 |
| 23.88 | 23.88 | 23.88 | 23.88 | 1.00 |
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Guggenheim Mid Trading Date Momentum on March 28, 2024
| On April 01 2024 Guggenheim Mid Cap was traded for 23.88 at the closing time. The highest daily price throughout the period was 23.88 and the lowest price was 23.88 . There was no trading activity during the period 1.0. Lack of trading volume on 04/01/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.67% . The overall trading delta to current closing price is 1.21% . |
Guggenheim Mid Cap Fundamentals Correlations and Trends
By evaluating Guggenheim Mid's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Guggenheim Mid's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guggenheim financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Guggenheim Mid Mutual Fund history
Guggenheim Mid investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Guggenheim is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guggenheim Mid Cap will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Guggenheim Mid stock prices may prove useful in developing a viable investing in Guggenheim Mid
The fund pursues its objective by investing, under normal circumstances, at least 80 percent of its assets in a diversified portfolio of equity securities, which include common stocks, rights, options, warrants, convertible debt securities, and American Depositary Receipts , that, when purchased, have market capitalizations that are usually within the range of companies in the Russell 2500 Value Index.
Guggenheim Mid Mutual Fund Technical Analysis
Guggenheim Mid technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Guggenheim Mid Period Price Range
Low | March 28, 2024
| High |
24.04 | 24.04 |
Guggenheim Mid April 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Guggenheim Mid mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guggenheim Mid shares will generate the highest return on investment. By undertsting and applying Guggenheim Mid mutual fund market strength indicators, traders can identify Guggenheim Mid Cap entry and exit signals to maximize returns
Guggenheim Mid Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guggenheim Mid's price direction in advance. Along with the technical and fundamental analysis of Guggenheim Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Guggenheim to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0373 | |||
| Jensen Alpha | 0.0431 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.61) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Guggenheim Mid Cap. 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 state. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.