Guggenheim Directional Allocation Fund Technical Analysis
| TVRCX Fund | USD 14.92 0.09 0.60% |
As of the 18th of April 2024, Guggenheim Directional retains the Market Risk Adjusted Performance of 0.0831, risk adjusted performance of 0.0705, and Downside Deviation of 0.6767. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Guggenheim Directional Allocation, as well as the relationship between them. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down nineteen technical drivers for Guggenheim Directional, which can be compared to its competitors. Please check out Guggenheim Directional downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if Guggenheim Directional is priced fairly, providing market reflects its last-minute price of 14.92 per share.
Guggenheim Directional Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Guggenheim, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GuggenheimGuggenheim |
Guggenheim Directional 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.
Guggenheim Directional Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Guggenheim Directional volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Guggenheim Directional Trend Analysis
Use this graph to draw trend lines for Guggenheim Directional Allocation. You can use it to identify possible trend reversals for Guggenheim Directional as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Guggenheim Directional price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Guggenheim Directional Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Guggenheim Directional Allocation applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Guggenheim Directional Allocation will continue generating value for investors. It has 122 observation points and a regression sum of squares at 8.81, which is the sum of squared deviations for the predicted Guggenheim Directional price change compared to its average price change.About Guggenheim Directional Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Guggenheim Directional Allocation on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Guggenheim Directional Allocation based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Guggenheim Directional price pattern first instead of the macroeconomic environment surrounding Guggenheim Directional. By analyzing Guggenheim Directional's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Guggenheim Directional's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Guggenheim Directional specific price patterns or momentum indicators. Please read more on our technical analysis page.
Guggenheim Directional April 18, 2024 Technical Indicators
Most technical analysis of Guggenheim help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Guggenheim from various momentum indicators to cycle indicators. When you analyze Guggenheim charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0705 | |||
| Market Risk Adjusted Performance | 0.0831 | |||
| Mean Deviation | 0.5443 | |||
| Semi Deviation | 0.5577 | |||
| Downside Deviation | 0.6767 | |||
| Coefficient Of Variation | 907.94 | |||
| Standard Deviation | 0.7027 | |||
| Variance | 0.4938 | |||
| Information Ratio | 0.0312 | |||
| Jensen Alpha | 0.0255 | |||
| Total Risk Alpha | 0.0167 | |||
| Sortino Ratio | 0.0324 | |||
| Treynor Ratio | 0.0731 | |||
| Maximum Drawdown | 3.4 | |||
| Value At Risk | (1.29) | |||
| Potential Upside | 1.12 | |||
| Downside Variance | 0.4579 | |||
| Semi Variance | 0.311 | |||
| Expected Short fall | (0.64) | |||
| Skewness | 0.0287 | |||
| Kurtosis | 0.1546 |
Guggenheim Directional One Year Return
Based on the recorded statements, Guggenheim Directional Allocation has an One Year Return of 18.4843%. This is much higher than that of the Guggenheim Investments family and notably higher than that of the Large Growth category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Guggenheim Directional Allocation. 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 main economic indicators. Note that the Guggenheim Directional information on this page should be used as a complementary analysis to other Guggenheim Directional's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.