Guidepath Conservative Income Fund Market Value
| GPICX Fund | USD 9.65 0.01 0.10% |
| Symbol | Guidepath |
Guidepath Conservative '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 Guidepath Conservative'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 Guidepath Conservative.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Guidepath Conservative on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Guidepath Conservative Income or generate 0.0% return on investment in Guidepath Conservative over 90 days. Guidepath Conservative is related to or competes with Global Gold, Great West, Precious Metals, World Precious, James Balanced, and Europac Gold. The fund invests primarily in a portfolio of actively and passively managed registered mutual funds and exchange-traded ... More
Guidepath Conservative 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 Guidepath Conservative'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 Guidepath Conservative Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1142 | |||
| Information Ratio | (2.20) | |||
| Maximum Drawdown | 0.209 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.1045 |
Guidepath Conservative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guidepath Conservative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guidepath Conservative's standard deviation. In reality, there are many statistical measures that can use Guidepath Conservative historical prices to predict the future Guidepath Conservative's volatility.| Risk Adjusted Performance | 0.0785 | |||
| Jensen Alpha | 0.0053 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (1.11) | |||
| Treynor Ratio | (0.51) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Guidepath Conservative's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Guidepath Conservative Backtested Returns
At this stage we consider Guidepath Mutual Fund to be very steady. Guidepath Conservative holds Efficiency (Sharpe) Ratio of 0.24, which attests that the entity had a 0.24 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Guidepath Conservative, which you can use to evaluate the volatility of the entity. Please check out Guidepath Conservative's Coefficient Of Variation of 404.5, risk adjusted performance of 0.0785, and Market Risk Adjusted Performance of (0.50) to validate if the risk estimate we provide is consistent with the expected return of 0.0134%. The fund retains a Market Volatility (i.e., Beta) of -0.0083, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Guidepath Conservative are expected to decrease at a much lower rate. During the bear market, Guidepath Conservative is likely to outperform the market.
Auto-correlation | 0.37 |
Below average predictability
Guidepath Conservative Income has below average predictability. Overlapping area represents the amount of predictability between Guidepath Conservative time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Guidepath Conservative price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Guidepath Conservative price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Guidepath Conservative lagged returns against current returns
Autocorrelation, which is Guidepath Conservative 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 Guidepath Conservative's mutual fund expected returns. We can calculate the autocorrelation of Guidepath Conservative returns to help us make a trade decision. For example, suppose you find that Guidepath Conservative 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 |
Guidepath Conservative 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 Guidepath Conservative mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guidepath Conservative mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guidepath Conservative mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Guidepath Conservative Lagged Returns
When evaluating Guidepath Conservative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guidepath Conservative mutual fund have on its future price. Guidepath Conservative 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, Guidepath Conservative autocorrelation shows the relationship between Guidepath Conservative mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Guidepath Conservative Income.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Guidepath Mutual Fund
Guidepath Conservative financial ratios help investors to determine whether Guidepath 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 Guidepath with respect to the benefits of owning Guidepath Conservative security.
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