Gmo Trust Fund Market Value
| GEACX Fund | USD 20.17 0.13 0.65% |
| Symbol | Gmo |
Gmo Trust 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Gmo Trust's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Gmo Trust.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Gmo Trust on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Gmo Trust or generate 0.0% return on investment in Gmo Trust over 30 days. Gmo Trust is related to or competes with Gmo E, Gmo Trust, Gmo Treasury, Gmo Emerging, Gmo Emerging, and Gmo Emerging. Under normal market conditions, the fund invests at least 80 percent of its assets in the securities of companies in tha... More
Gmo Trust Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Gmo Trust's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Gmo Trust upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 7.71 | |||
| Value At Risk | (2.74) | |||
| Potential Upside | 1.83 |
Gmo Trust Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gmo Trust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gmo Trust's standard deviation. In reality, there are many statistical measures that can use Gmo Trust historical prices to predict the future Gmo Trust's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 0.7263 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gmo Trust's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Gmo Trust Backtested Returns
Gmo Trust holds Efficiency (Sharpe) Ratio of -0.0608, which attests that the entity had a -0.0608% return per unit of risk over the last 3 months. Gmo Trust exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gmo Trust's Market Risk Adjusted Performance of 0.7363, risk adjusted performance of (0.02), and Standard Deviation of 1.43 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of -0.08, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Gmo Trust are expected to decrease at a much lower rate. During the bear market, Gmo Trust is likely to outperform the market.
Auto-correlation | 0.31 |
Below average predictability
Gmo Trust has below average predictability. Overlapping area represents the amount of predictability between Gmo Trust time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Gmo Trust price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Gmo Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Gmo Trust lagged returns against current returns
Autocorrelation, which is Gmo Trust mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Gmo Trust's mutual fund expected returns. We can calculate the autocorrelation of Gmo Trust returns to help us make a trade decision. For example, suppose you find that Gmo Trust has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Gmo Trust regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Gmo Trust mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gmo Trust mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gmo Trust mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Gmo Trust Lagged Returns
When evaluating Gmo Trust's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gmo Trust mutual fund have on its future price. Gmo Trust autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Gmo Trust autocorrelation shows the relationship between Gmo Trust mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Gmo Trust .
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Gmo Mutual Fund
Gmo Trust 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 Trust security.
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