Gmo Trust Correlations
| GUSOX Fund | 25.02 0.00 0.00% |
The current 90-days correlation between Gmo Trust and Aig Government Money is -0.36 (i.e., Very good diversification). The correlation of Gmo Trust is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Gmo |
Moving together with Gmo Mutual Fund
| 0.76 | GHVIX | Gmo High Yield | PairCorr |
| 0.95 | GMAWX | Gmo Small Cap | PairCorr |
| 0.87 | GMAYX | Gmo Small Cap | PairCorr |
| 0.77 | GMAEX | Gmo Quality Cyclicals | PairCorr |
| 0.77 | GMAOX | Gmo Trust | PairCorr |
| 0.71 | GMDFX | Gmo Emerging Country | PairCorr |
| 0.71 | GMCDX | Gmo Emerging Ntry | PairCorr |
| 0.91 | GMCQX | Gmo Equity Allocation | PairCorr |
| 0.93 | PPAJX | Gmo Opportunistic Value | PairCorr |
| 0.76 | GMOZX | Gmo High Yield | PairCorr |
Moving against Gmo Mutual Fund
| 0.61 | GUGAX | Gmo E Plus | PairCorr |
| 0.45 | IOVFX | Gmo International | PairCorr |
| 0.44 | GIMFX | Gmo Implementation | PairCorr |
| 0.44 | GMAZX | Gmo International | PairCorr |
| 0.43 | GIOTX | Gmo International | PairCorr |
| 0.37 | GIEAX | Gmo International Equity | PairCorr |
| 0.51 | GMAHX | Gmo Usonian Japan Steady Growth | PairCorr |
| 0.51 | GMAKX | Gmo Usonian Japan Steady Growth | PairCorr |
| 0.51 | GMIIX | Gmo Usonian Japan Steady Growth | PairCorr |
| 0.49 | GMAUX | Gmo Emerging Markets | PairCorr |
| 0.48 | GMAQX | Gmo Emerging Markets | PairCorr |
| 0.48 | GMOIX | Gmo International Equity | PairCorr |
| 0.43 | GMCFX | Gmo International Equity | PairCorr |
| 0.61 | GPBFX | Gmo E Plus | PairCorr |
| 0.43 | GMOUX | Gmo International Equity | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Gmo Mutual Fund performing well and Gmo Trust Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Gmo Trust's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SMAAX | 0.12 | (0.01) | (0.40) | (0.18) | 0.18 | 0.20 | 0.99 | |||
| FHNFX | 0.24 | (0.03) | 0.00 | (0.33) | 0.00 | 0.54 | 1.63 | |||
| SSAGX | 0.05 | 0.01 | (0.97) | (0.52) | 0.00 | 0.10 | 0.51 | |||
| DIPXX | 0.03 | 0.01 | 0.00 | (2.41) | 0.00 | 0.00 | 1.01 | |||
| GVPIX | 0.81 | (0.11) | 0.00 | (0.53) | 0.00 | 1.61 | 5.20 | |||
| PGIQX | 0.24 | (0.03) | 0.00 | (0.30) | 0.00 | 0.50 | 1.41 | |||
| RGVCX | 0.22 | (0.04) | 0.00 | (0.39) | 0.00 | 0.34 | 1.48 |