Gmo Asset Allocation Fund Price on July 31, 2024
| GABFX Fund | USD 19.63 0.17 0.87% |
Below is the normalized historical share price chart for Gmo Asset Allocation extending back to April 03, 2009. 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 Gmo Asset stands at 19.63, as last reported on the 2nd of December, with the highest price reaching 19.63 and the lowest price hitting 19.63 during the day.
If you're considering investing in Gmo Mutual Fund, it is important to understand the factors that can impact its price. Gmo Asset Allocation holds Efficiency (Sharpe) Ratio of -0.1, which attests that the entity had a -0.1% return per unit of risk over the last 3 months. Gmo Asset Allocation exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gmo Asset's Risk Adjusted Performance of (0.07), market risk adjusted performance of 0.4198, and Standard Deviation of 0.9679 to validate the risk estimate we provide.
Gmo Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Gmo |
Sharpe Ratio = -0.1024
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Estimated Market Risk
| 0.96 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gmo Asset is not performing at its full potential. However, 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 Gmo Asset by adding Gmo Asset to a well-diversified portfolio.
Gmo Asset Valuation on July 31, 2024
It is possible to determine the worth of Gmo Asset on a given historical date. On July 31, 2024 Gmo was worth 19.98 at the beginning of the trading date compared to the closed value of 19.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gmo Asset mutual fund. Still, in general, we apply an absolute valuation method to find Gmo Asset'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 Gmo Asset where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gmo Asset's related companies.
| Open | High | Low | Close | Volume | |
| 19.84 | 19.84 | 19.84 | 19.84 | 1.00 | |
07/31/2024 | 19.98 | 19.98 | 19.98 | 19.98 | 1.00 |
| 20.49 | 20.49 | 20.49 | 20.49 | 1.00 |
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Gmo Asset Trading Date Momentum on July 31, 2024
| On August 01 2024 Gmo Asset Allocation was traded for 20.49 at the closing time. The highest daily price throughout the period was 20.49 and the lowest price was 20.49 . There was no trading activity during the period 1.0. Lack of trading volume on 08/01/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 2.55% . The overall trading delta to current closing price is 4.05% . |
Gmo Asset Allocation Fundamentals Correlations and Trends
By evaluating Gmo Asset'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 Gmo Asset's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gmo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gmo Asset Mutual Fund history
Gmo Asset 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 Gmo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gmo Asset Allocation 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 Gmo Asset stock prices may prove useful in developing a viable investing in Gmo Asset
Under normal circumstances, the fund invests directly and indirectly at least 80 percent of its assets in bonds. The term bond includes obligations of an issuer to make payments on future dates of principal, interest or both and synthetic debt instruments created by GMO by investing in derivatives . The fund may invest up to 100 percent of its assets in below investment grade bonds.
Gmo Asset Mutual Fund Technical Analysis
Gmo Asset 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
Gmo Asset Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Gmo Asset Allocation cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Gmo Asset December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Gmo Asset 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 Gmo Asset shares will generate the highest return on investment. By undertsting and applying Gmo Asset mutual fund market strength indicators, traders can identify Gmo Asset Allocation entry and exit signals to maximize returns
Gmo Asset Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gmo Asset's price direction in advance. Along with the technical and fundamental analysis of Gmo Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gmo 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 | (0.07) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | 0.4098 |
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Other Information on Investing in Gmo Mutual Fund
Gmo Asset financial ratios help investors to determine whether Gmo 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 Gmo with respect to the benefits of owning Gmo Asset security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |