Gmo International Opportunistic Fund Market Value
| GMAZX Fund | 15.06 0.06 0.40% |
| Symbol | Gmo |
Gmo International '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 International'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 International.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Gmo International on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Gmo International Opportunistic or generate 0.0% return on investment in Gmo International over 720 days. Gmo International is related to or competes with Huber Capital, American Funds, Blackrock Conservative, Lord Abbett, Conservative Balanced, Massmutual Select, and Adams Diversified. The adviser seeks to achieve the funds investment objective by investing the funds assets primarily in international equ... More
Gmo International 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 International'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 International Opportunistic upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 3.6 | |||
| Value At Risk | (1.60) | |||
| Potential Upside | 0.8604 |
Gmo International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gmo International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gmo International's standard deviation. In reality, there are many statistical measures that can use Gmo International historical prices to predict the future Gmo International's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.25) |
Gmo International Backtested Returns
Gmo International 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 International exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gmo International's Standard Deviation of 0.7969, risk adjusted performance of (0.07), and Market Risk Adjusted Performance of (0.24) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Gmo International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gmo International is expected to be smaller as well.
Auto-correlation | -0.45 |
Modest reverse predictability
Gmo International Opportunistic has modest reverse predictability. Overlapping area represents the amount of predictability between Gmo International time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 International price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Gmo International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Gmo International lagged returns against current returns
Autocorrelation, which is Gmo International 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 International's mutual fund expected returns. We can calculate the autocorrelation of Gmo International returns to help us make a trade decision. For example, suppose you find that Gmo International 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 International 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 International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gmo International 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 International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Gmo International Lagged Returns
When evaluating Gmo International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gmo International mutual fund have on its future price. Gmo International 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 International autocorrelation shows the relationship between Gmo International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Gmo International Opportunistic.
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 International 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 International security.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |