Gmo Asset is trading at 18.21 as of the 23rd of April 2024; that is -0.11 percent decrease since the beginning of the trading day. The fund's open price was 18.23. Gmo Asset has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Gmo Asset Allocation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of February 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Under normal circumstances, the fund invests directly and indirectly at least 80 percent of its assets in bonds. The term bond includes obligations of an issuer to make payments on future dates of principal, interest or both and synthetic debt instruments created by GMO by investing in derivatives .. More on Gmo Asset Allocation
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Gmo Asset's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Gmo Asset or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Gmo Asset Allocation [GABFX] is traded in USA and was established 23rd of April 2024. Gmo Asset is listed under GMO category by Fama And French industry classification. The fund is listed under Inflation-Protected Bond category and is part of GMO family. This fund currently has accumulated 418.98 M in assets under management (AUM) with minimum initial investment of 300 M. Gmo Asset Allocation is currently producing year-to-date (YTD) return of 7.64% with the current yeild of 0.03%, while the total return for the last 3 years was -6.66%.
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Based on a normal probability distribution, the odds of Gmo Asset jumping above the current price in 90 days from now is about 98.0%. The Gmo Asset Allocation probability density function shows the probability of Gmo Asset mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Gmo Asset has a beta of 0.7494. This usually indicates as returns on the market go up, Gmo Asset average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Gmo Asset Allocation will be expected to be much smaller as well. Additionally, gmo Asset Allocation has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Gmo Asset to move above the current price in 90 days from now is about 98.0 (This Gmo Asset Allocation probability density function shows the probability of Gmo Mutual Fund to fall within a particular range of prices over 90 days) .
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Gmo Asset market risk premium is the additional return an investor will receive from holding Gmo Asset long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Gmo Asset. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Gmo Asset's alpha and beta are two of the key measurements used to evaluate Gmo Asset's performance over the market, the standard measures of volatility play an important role as well.
Picking the right benchmark for Gmo Asset mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Gmo Asset mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Gmo Asset is critical whether you are bullish or bearish towards Gmo Asset Allocation at a given time. Please also check how Gmo Asset's historical prices are related to one of the top price index indicators.
Our tools can tell you how much better you can do entering a position in Gmo Asset without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.
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Before investing in Gmo Asset, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Gmo Asset. To buy Gmo Asset fund, you can follow these steps:
Choose a brokerage firm: You need to select a brokerage firm to buy shares of Gmo Asset. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
Fund your account: You will need to deposit funds into your brokerage account to purchase Gmo Asset fund. You can do this by transferring funds from your bank account or other investment accounts.
Place your order: Once you have located Gmo Asset Allocation fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
Monitor your investment: After you have purchased Gmo Asset Allocation fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Gmo Asset Allocation, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
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The danger of trading Gmo Asset Allocation is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Gmo Asset is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Gmo Asset. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Gmo Asset Allocation is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gmo Asset Allocation. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Gmo Asset Allocation information on this page should be used as a complementary analysis to other Gmo Asset's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Please note, there is a significant difference between Gmo Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gmo Asset is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gmo Asset's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.