Guggenheim Directional Financial Statements From 2010 to 2024
| TVRAX Fund | USD 17.18 0.11 0.64% |
Check Guggenheim Directional financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Guggenheim main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Guggenheim financial statements analysis is a perfect complement when working with Guggenheim Directional Valuation or Volatility modules.
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Guggenheim Directional Allocation Mutual Fund Price To Earning Analysis
Guggenheim Directional's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Guggenheim Directional Price To Earning | 18.73 X |
Most of Guggenheim Directional's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Guggenheim Directional Allocation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Guggenheim Directional Allocation has a Price To Earning of 18.73 times. This is much higher than that of the Guggenheim Investments family and significantly higher than that of the Large Growth category. The price to earning for all United States funds is 186.83% lower than that of the firm.
Guggenheim Directional Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Guggenheim Directional's current stock value. Our valuation model uses many indicators to compare Guggenheim Directional value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Guggenheim Directional competition to find correlations between indicators driving Guggenheim Directional's intrinsic value. More Info.Guggenheim Directional Allocation is rated below average in price to earning among similar funds. It is rated below average in price to book among similar funds fabricating about 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Guggenheim Directional Allocation is roughly 8.14 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Guggenheim Directional by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Guggenheim Directional's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Guggenheim Directional's earnings, one of the primary drivers of an investment's value.About Guggenheim Directional Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Guggenheim Directional income statement, its balance sheet, and the statement of cash flows. Guggenheim Directional investors use historical funamental indicators, such as Guggenheim Directional's revenue or net income, to determine how well the company is positioned to perform in the future. Although Guggenheim Directional investors may use each financial statement separately, they are all related. The changes in Guggenheim Directional's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Guggenheim Directional's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Guggenheim Directional Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Guggenheim Directional. Please read more on our technical analysis and fundamental analysis pages.
The fund invests at least 80 percent of its net assets, plus the amount of borrowings for investment purposes, in securities andor cash or cash equivalents consistent with the weighting of the index. The indexs objective is to provide consistent long-term, risk adjusted outperformance of the broad U.S. equity markets with the goal of capturing more upside in rising equity markets and limiting the downside - including up to 100 percent cash allocation - during market downturns.
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Check out the analysis of Guggenheim Directional Correlation against competitors. 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.