Gmo Quality Cyclicals Fund Price on October 31, 2023
| GMAEX Fund | USD 24.65 0.09 0.37% |
Below is the normalized historical share price chart for Gmo Quality Cyclicals extending back to June 30, 2020. 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 Quality stands at 24.65, as last reported on the 1st of December, with the highest price reaching 24.65 and the lowest price hitting 24.65 during the day.
If you're considering investing in Gmo Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Gmo Mutual Fund to be very steady. Gmo Quality Cyclicals 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. We have found twenty-eight technical indicators for Gmo Quality Cyclicals, which you can use to evaluate the volatility of the entity. Please check out Gmo Quality's Downside Deviation of 0.8111, risk adjusted performance of 0.0525, and Market Risk Adjusted Performance of 0.0684 to validate if the risk estimate we provide is consistent with the expected return of 0.0802%.
Gmo Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Gmo |
Sharpe Ratio = 0.1045
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| Cash | GMAEX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Gmo Quality is performing at about 8% of its full potential. 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 Quality by adding it to a well-diversified portfolio.
Gmo Quality Valuation on October 31, 2023
It is possible to determine the worth of Gmo Quality on a given historical date. On October 31, 2023 Gmo was worth 19.22 at the beginning of the trading date compared to the closed value of 19.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gmo Quality mutual fund. Still, in general, we apply an absolute valuation method to find Gmo Quality'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 Quality where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gmo Quality's related companies.
| Open | High | Low | Close | Volume | |
| 19.20 | 19.20 | 19.20 | 19.20 | 1.00 | |
10/31/2023 | 19.22 | 19.22 | 19.22 | 19.22 | 1.00 |
| 19.37 | 19.37 | 19.37 | 19.37 | 1.00 |
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Gmo Quality Trading Date Momentum on October 31, 2023
| On November 01 2023 Gmo Quality Cyclicals was traded for 19.37 at the closing time. The highest daily price throughout the period was 19.37 and the lowest price was 19.37 . There was no trading activity during the period 1.0. Lack of trading volume on 11/01/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.78% . The overall trading delta to current closing price is 4.06% . |
Gmo Quality Cyclicals Fundamentals Correlations and Trends
By evaluating Gmo Quality'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 Quality'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 Quality Mutual Fund history
Gmo Quality 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 Quality Cyclicals 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 Quality stock prices may prove useful in developing a viable investing in Gmo Quality
The fund seeks to achieve the funds investment objective by investing in companies exposed to economic cycles that GMO believes are of higher quality than their industry peers. It is permitted to invest directly and indirectly in equities of companies tied economically to any country in the world, including emerging countries. As an alternative to investing directly in equities, the fund may invest in exchange-traded and over-the-counter derivatives and exchange- traded funds .
Gmo Quality Mutual Fund Technical Analysis
Gmo Quality 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 Quality Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Gmo Quality Cyclicals 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 Quality December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Gmo Quality 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 Quality shares will generate the highest return on investment. By undertsting and applying Gmo Quality mutual fund market strength indicators, traders can identify Gmo Quality Cyclicals entry and exit signals to maximize returns
Gmo Quality Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gmo Quality'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 | 0.0525 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | 0.0584 |
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| Volume Indicators |
Other Information on Investing in Gmo Mutual Fund
Gmo Quality 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 Quality security.
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