stoxline Quote Chart Rank Option Currency Glossary
  
Guggenheim Credit Allocation Fund (GGM)
29.0999  0.007 (0.02%)    10-07 12:34
Open: 28.9593
High: 29.0999
Volume: 570
  
Pre. Close: 29.0934
Low: 28.9593
Market Cap: 22(M)
Technical analysis
2024-10-07 1:12:59 PM
Short term     
Mid term     
Targets 6-month :  34.29 1-year :  40.05
Resists First :  29.36 Second :  34.29
Pivot price 29.1
Supports First :  28.56 Second :  28.07
MAs MA(5) :  29.1 MA(20) :  28.91
MA(100) :  27.98 MA(250) :  26.78
MACD MACD :  0.2 Signal :  0.2
%K %D K(14,3) :  63.4 D(3) :  70.4
RSI RSI(14): 58.5
52-week High :  29.36 Low :  23.67
Price, MAs and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and BULLISH in mid-long term.
[ GGM ] has closed above bottom band by 49.5%. Bollinger Bands are 67.5% narrower than normal. The narrow width of the bands suggests low volatility as compared to its normal range. The bands have been in this narrow range for 2 bars. This is a sign that the market may be about to initiate a new trend.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 29.12 - 29.32 29.32 - 29.48
Low: 28.55 - 28.77 28.77 - 28.94
Close: 28.81 - 29.15 29.15 - 29.41
Company Description

Guggenheim Credit Allocation Fund is a diversified, closed-end management investment company. The Fund's investment objective is to seek total return through a combination of current income and capital appreciation. It invests approximately 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed income securities, debt securities, loans and investments with economic characteristics similar to fixed-income securities, debt securities and loans. It invests in various credit securities, such as corporate bonds, loans and loan participations, asset-backed securities, mortgage-backed securities, the United States Government and agency securities, mezzanine and preferred securities, convertible securities, municipal securities and sovereign government and supranational debt securities. Its investment portfolio includes high yield corporate bonds, bank loans and asset-backed securities. Its investment advisor is Guggenheim Funds Investment Advisors, LLC.

Headline News

Tue, 10 Jan 2023
Anne Bookwalter Walsh Net Worth (2024) - GuruFocus.com

Tue, 22 Nov 2022
B. Scott Minerd Net Worth (2024) - GuruFocus.com

Thu, 02 May 2019
Closed-End Fund Ratings - Forbes

Mon, 07 Oct 2024

Mon, 07 Oct 2024

Mon, 07 Oct 2024

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Neutral
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Neutral
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Neutral
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Neutral
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Neutral
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Neutral
Stock Basics & Statistics
Exchange:
NYSE
Sector:
Financial Services
Industry:
Asset Management
Shares Out 0 (M)
Shares Float 0 (M)
Held by Insiders 0 (%)
Held by Institutions 0 (%)
Shares Short 0 (K)
Shares Short P.Month 0 (K)
Stock Financials
EPS 0
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 0
Profit Margin 0 %
Operating Margin 0 %
Return on Assets (ttm) 0 %
Return on Equity (ttm) 0 %
Qtrly Rev. Growth 0 %
Gross Profit (p.s.) 0
Sales Per Share 0
EBITDA (p.s.) 0
Qtrly Earnings Growth 0 %
Operating Cash Flow 0 (M)
Levered Free Cash Flow 0 (M)
Stock Valuations
PE Ratio 0
PEG Ratio 0
Price to Book value 0
Price to Sales 0
Price to Cash Flow 0
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

StockChart iOS

StoxlineLite iOS

StoxlineLite iOS

OptionCalc iOS

StockChart Android

StoxlineLite Android

StoxlinePro Android

OptionCalc Android