Gmo High Yield Fund Manager Performance Evaluation
| GMOZX Fund | 18.04 0.03 0.17% |
The fund retains a Market Volatility (i.e., Beta) of 0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gmo High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gmo High is expected to be smaller as well.
Risk-Adjusted Performance
15 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Gmo High Yield are ranked lower than 15 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Gmo High is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Gmo High Relative Risk vs. Return Landscape
If you would invest 1,767 in Gmo High Yield on August 31, 2024 and sell it today you would earn a total of 37.00 from holding Gmo High Yield or generate 2.09% return on investment over 90 days. Gmo High Yield is currently producing 0.033% returns and takes up 0.1693% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Gmo, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Gmo High Current Valuation
Overvalued
Today
Please note that Gmo High's price fluctuation is very steady at this time. Gmo High Yield retains a regular Real Value of USD16.56 per share. The prevalent price of the fund is USD18.04. Our model calculates the value of Gmo High Yield from evaluating the entity technical indicators and probability of bankruptcy. In general, investors encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Gmo High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Gmo Mutual Fund. However, Gmo High's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 18.04 | Real 16.56 | Hype 18.04 | Naive 18.02 |
The intrinsic value of Gmo High's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Gmo High's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Gmo High Yield helps investors to forecast how Gmo mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Gmo High more accurately as focusing exclusively on Gmo High's fundamentals will not take into account other important factors: Gmo High Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gmo High's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Gmo High Yield, and traders can use it to determine the average amount a Gmo High's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1952
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GMOZX |
Estimated Market Risk
| 0.17 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Gmo High is performing at about 15% 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 High by adding it to a well-diversified portfolio.
About Gmo High Performance
Evaluating Gmo High's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Gmo High has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Gmo High has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund invests directly and indirectly at least 80 percent of its assets in high yield 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 is non-diversified.Things to note about Gmo High Yield performance evaluation
Checking the ongoing alerts about Gmo High for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Gmo High Yield help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Gmo High's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Gmo High's mutual fund performance include:- Analyzing Gmo High's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Gmo High's stock is overvalued or undervalued compared to its peers.
- Examining Gmo High's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Gmo High's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Gmo High's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Gmo High's mutual fund. These opinions can provide insight into Gmo High's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Gmo Mutual Fund
Gmo High 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 High security.
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