Gmo Usonian Japan Value Fund Market Value
| GMAHX Fund | USD 20.90 0.25 1.21% |
| Symbol | Gmo-usonian |
Gmo-usonian Japan '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-usonian Japan'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-usonian Japan.
| 02/11/2025 |
| 03/13/2025 |
If you would invest 0.00 in Gmo-usonian Japan on February 11, 2025 and sell it all today you would earn a total of 0.00 from holding Gmo Usonian Japan Value or generate 0.0% return on investment in Gmo-usonian Japan over 30 days. Gmo-usonian Japan is related to or competes with Alphacentric Lifesci, Highland Long/short, T Rowe, Baron Health, Invesco Global, Eaton Vance, and Eventide Healthcare. Under normal circumstances, the fund invests directly and indirectly at least 80 percent of its assets in securities of ... More
Gmo-usonian Japan 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-usonian Japan'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 Usonian Japan Value upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.12 | |||
| Information Ratio | 0.1802 | |||
| Maximum Drawdown | 6.47 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 1.44 |
Gmo-usonian Japan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gmo-usonian Japan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gmo-usonian Japan's standard deviation. In reality, there are many statistical measures that can use Gmo-usonian Japan historical prices to predict the future Gmo-usonian Japan's volatility.| Risk Adjusted Performance | 0.0554 | |||
| Jensen Alpha | 0.039 | |||
| Total Risk Alpha | 0.2089 | |||
| Sortino Ratio | 0.1626 | |||
| Treynor Ratio | (0.43) |
Gmo Usonian Japan Backtested Returns
At this stage we consider Gmo-usonian Mutual Fund to be very steady. Gmo Usonian Japan holds Efficiency (Sharpe) Ratio of 0.0645, which attests that the entity had a 0.0645 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Gmo Usonian Japan, which you can use to evaluate the volatility of the entity. Please check out Gmo-usonian Japan's Market Risk Adjusted Performance of (0.42), risk adjusted performance of 0.0554, and Downside Deviation of 1.12 to validate if the risk estimate we provide is consistent with the expected return of 0.0651%. The fund retains a Market Volatility (i.e., Beta) of -0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Gmo-usonian Japan are expected to decrease at a much lower rate. During the bear market, Gmo-usonian Japan is likely to outperform the market.
Auto-correlation | 0.57 |
Modest predictability
Gmo Usonian Japan Value has modest predictability. Overlapping area represents the amount of predictability between Gmo-usonian Japan time series from 11th of February 2025 to 26th of February 2025 and 26th of February 2025 to 13th of March 2025. 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 Usonian Japan price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Gmo-usonian Japan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Gmo Usonian Japan lagged returns against current returns
Autocorrelation, which is Gmo-usonian Japan 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-usonian Japan's mutual fund expected returns. We can calculate the autocorrelation of Gmo-usonian Japan returns to help us make a trade decision. For example, suppose you find that Gmo-usonian Japan 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-usonian Japan 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-usonian Japan mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gmo-usonian Japan 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-usonian Japan mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Gmo-usonian Japan Lagged Returns
When evaluating Gmo-usonian Japan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gmo-usonian Japan mutual fund have on its future price. Gmo-usonian Japan 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-usonian Japan autocorrelation shows the relationship between Gmo-usonian Japan mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Gmo Usonian Japan Value.
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-usonian Mutual Fund
Gmo-usonian Japan financial ratios help investors to determine whether Gmo-usonian 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-usonian with respect to the benefits of owning Gmo-usonian Japan security.
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