Gmo Opportunistic Value Fund Market Value
| PPAJX Fund | 21.70 0.05 0.23% |
| Symbol | Gmo |
Gmo Opportunistic '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 Opportunistic'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 Opportunistic.
| 01/07/2023 |
| 12/27/2024 |
If you would invest 0.00 in Gmo Opportunistic on January 7, 2023 and sell it all today you would earn a total of 0.00 from holding Gmo Opportunistic Value or generate 0.0% return on investment in Gmo Opportunistic over 720 days. Gmo Opportunistic is related to or competes with Gmo E, Gmo Trust, Gmo Treasury, Gmo Trust, Gmo Emerging, Gmo Emerging, and Gmo Emerging. The fund seeks to achieve the funds investment objective by investing the funds assets primarily in securities traded in... More
Gmo Opportunistic 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 Opportunistic'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 Opportunistic Value upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 12.79 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 1.24 |
Gmo Opportunistic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gmo Opportunistic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gmo Opportunistic's standard deviation. In reality, there are many statistical measures that can use Gmo Opportunistic historical prices to predict the future Gmo Opportunistic's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.62) |
Gmo Opportunistic Value Backtested Returns
Gmo Opportunistic Value 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 Opportunistic Value exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gmo Opportunistic's Risk Adjusted Performance of (0.07), market risk adjusted performance of (0.61), and Standard Deviation of 1.38 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.23, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gmo Opportunistic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gmo Opportunistic is expected to be smaller as well.
Auto-correlation | 0.25 |
Poor predictability
Gmo Opportunistic Value has poor predictability. Overlapping area represents the amount of predictability between Gmo Opportunistic time series from 7th of January 2023 to 2nd of January 2024 and 2nd of January 2024 to 27th of December 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 Opportunistic Value price movement. The serial correlation of 0.25 indicates that over 25.0% of current Gmo Opportunistic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.46 |
Gmo Opportunistic Value lagged returns against current returns
Autocorrelation, which is Gmo Opportunistic 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 Opportunistic's mutual fund expected returns. We can calculate the autocorrelation of Gmo Opportunistic returns to help us make a trade decision. For example, suppose you find that Gmo Opportunistic 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 Opportunistic 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 Opportunistic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gmo Opportunistic 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 Opportunistic mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Gmo Opportunistic Lagged Returns
When evaluating Gmo Opportunistic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gmo Opportunistic mutual fund have on its future price. Gmo Opportunistic 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 Opportunistic autocorrelation shows the relationship between Gmo Opportunistic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Gmo Opportunistic 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 Mutual Fund
Gmo Opportunistic 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 Opportunistic security.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |