Gmo Global Asset Fund Price on November 29, 2024

GMOOX Fund  USD 34.13  0.13  0.38%   
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 Global stands at 34.13, as last reported on the 12th of December 2024, with the highest price reaching 34.13 and the lowest price hitting 34.13 during the day. Gmo Global Asset holds Efficiency (Sharpe) Ratio of -0.008, which attests that the entity had a -0.008% return per unit of risk over the last 3 months. Gmo Global Asset exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gmo Global's Risk Adjusted Performance of 0.0177, market risk adjusted performance of 0.0251, and Downside Deviation of 0.4501 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.

Sharpe Ratio = -0.008

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsGMOOX

Estimated Market Risk

 0.45
  actual daily
4
96% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Gmo Global 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 Global by adding Gmo Global to a well-diversified portfolio.

Gmo Global Valuation on November 29, 2024

It is possible to determine the worth of Gmo Global on a given historical date. On November 29, 2024 Gmo was worth 34.08 at the beginning of the trading date compared to the closed value of 34.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gmo Global mutual fund. Still, in general, we apply an absolute valuation method to find Gmo Global'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 Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gmo Global's related companies.
 Open High Low Close Volume
  33.85    33.85    33.85    33.85    1.00  
11/29/2024
  34.08    34.08    34.08    34.08    1.00  
  34.14    34.14    34.14    34.14    1.00  
Backtest Gmo Global  |  Gmo Global History  |  Gmo Global Valuation   PreviousNext  
Open Value
34.08
34.08
Closing Value
35.44
Upside

Gmo Global Trading Date Momentum on November 29, 2024

On December 02 2024 Gmo Global Asset was traded for  34.14  at the closing time. The highest daily price throughout the period was 34.14  and the lowest price was  34.14 . There was no trading activity during the period 1.0. Lack of trading volume on 12/02/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.18% . The overall trading delta to current closing price is 0.53% .

Gmo Global Asset Fundamentals Correlations and Trends

By evaluating Gmo Global'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 Global'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 Global Mutual Fund history

Gmo Global 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 Global Asset 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 Global stock prices may prove useful in developing a viable investing in Gmo Global
Under normal circumstances, GMO intends to invest not more than 85 percent of the funds net assets in the Equity funds. It is permitted to invest in any asset class, including, for example, U.S. and non-U.S. equities, U.S. and non-U.S. fixed income securities of any credit quality, or maturity, and commodities.

Gmo Global Mutual Fund Technical Analysis

Gmo Global 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.
A focus of Gmo Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Gmo Global trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Gmo Global Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Gmo Global Asset 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 Global December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how Gmo Global 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 Global shares will generate the highest return on investment. By undertsting and applying Gmo Global mutual fund market strength indicators, traders can identify Gmo Global Asset entry and exit signals to maximize returns

Gmo Global Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Gmo Global'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.

Other Information on Investing in Gmo Mutual Fund

Gmo Global 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 Global security.
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.