GMFL Performance

GMFL -- USA Etf  

USD 27.82  0.00  0.00%

The etf retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and GMFL are completely uncorrelated. Although it is extremely important to respect GMFL current price history, it is better to be realistic regarding the information on equity current price movements. The approach to determining future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By examining GMFL technical indicators you can today evaluate if the expected return of 0.0% will be sustainable into the future.
 Time Horizon     30 Days    Login   to change

GMFL Relative Risk vs. Return Landscape

If you would invest  2,782  in GMFL on May 21, 2018 and sell it today you would earn a total of  0.00  from holding GMFL or generate 0.0% return on investment over 30 days. GMFL is currenly does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 30 days horizon. In different words, 0% of equities are less volatile than GMFL and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
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GMFL Market Risk Analysis

Sharpe Ratio = 0.0
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Based on monthly moving average GMFL is performing at about 0% 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 GMFL by adding it to a well-diversified portfolio.

Performance Rating

GMFL Risk Adjusted Performance Analysis

Risk-Adjusted Performance

Over the last 30 days GMFL has generated negative risk-adjusted returns adding no value to investors with long positions.

GMFL Alerts

Equity Alerts and Improvement Suggestions
GMFL generates negative expected return over the last 30 days
The fund retains 99.94% of its assets under management (AUM) in equities
Please also check Risk vs Return Analysis. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.