Gmo Emerging Markets Fund Price on October 4, 2023
GMAQX Fund | USD 14.41 0.08 0.56% |
If you're considering investing in Gmo Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Gmo Emerging stands at 14.41, as last reported on the 24th of November, with the highest price reaching 14.41 and the lowest price hitting 14.41 during the day. Gmo Emerging Markets 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 Emerging Markets exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gmo Emerging's Risk Adjusted Performance of (0.05), standard deviation of 0.7275, and Market Risk Adjusted Performance of (0.11) 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 = -0.1012
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Estimated Market Risk
0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
-0.07 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 Emerging 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 Emerging by adding Gmo Emerging to a well-diversified portfolio.
Gmo Emerging Valuation on October 4, 2023
It is possible to determine the worth of Gmo Emerging on a given historical date. On October 4, 2023 Gmo was worth 12.6 at the beginning of the trading date compared to the closed value of 12.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gmo Emerging mutual fund. Still, in general, we apply an absolute valuation method to find Gmo Emerging'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 Emerging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gmo Emerging's related companies.
Open | High | Low | Close | Volume | |
12.61 | 12.61 | 12.61 | 12.61 | 1.00 | |
10/04/2023 | 12.60 | 12.60 | 12.60 | 12.60 | 1.00 |
12.52 | 12.52 | 12.52 | 12.52 | 1.00 |
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Gmo Emerging Trading Date Momentum on October 4, 2023
On October 05 2023 Gmo Emerging Markets was traded for 12.52 at the closing time. The highest daily price throughout the period was 12.52 and the lowest price was 12.52 . There was no trading activity during the period 1.0. Lack of trading volume on 10/05/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.63% . The overall trading delta to current closing price is 3.89% . |
About Gmo Emerging Mutual Fund history
Gmo Emerging 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 Emerging Markets 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 Emerging stock prices may prove useful in developing a viable investing in Gmo Emerging
Under normal circumstances at least 80 percent of the funds net assets directly and indirectly in companies tied economically to markets that are not treated as developed markets in the MSCI World Index, with the exception of China . It may also invest In U.S. Treasury fund, in money market funds unaffiliated with GMO, and directly in the types of investments typically held by money market funds. The fund is non-diversified.
Gmo Emerging Mutual Fund Technical Analysis
Gmo Emerging 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 Emerging Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Gmo Emerging Markets 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 Emerging November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Gmo Emerging 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 Emerging shares will generate the highest return on investment. By undertsting and applying Gmo Emerging mutual fund market strength indicators, traders can identify Gmo Emerging Markets entry and exit signals to maximize returns
Gmo Emerging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gmo Emerging'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 | (0.05) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.17) | |||
Treynor Ratio | (0.12) |
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Other Information on Investing in Gmo Mutual Fund
Gmo Emerging 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 Emerging security.
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
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