Gmo Opportunistic Income Fund Probability of Future Mutual Fund Price Finishing Over 24.24
| GAAAX Fund | USD 23.90 0.04 0.17% |
Gmo |
Gmo Opportunistic Target Price Odds to finish over 24.24
The tendency of Gmo Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 24.24 or more in 90 days |
| 23.90 | 90 days | 24.24 | near 1 |
Based on a normal probability distribution, the odds of Gmo Opportunistic to move over $ 24.24 or more in 90 days from now is near 1 (This Gmo Opportunistic Income probability density function shows the probability of Gmo Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Gmo Opportunistic price to stay between its current price of $ 23.90 and $ 24.24 at the end of the 90-day period is about 28.05 .
Assuming the 90 days horizon Gmo Opportunistic has a beta of 0.0622. This usually indicates as returns on the market go up, Gmo Opportunistic average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Gmo Opportunistic Income will be expected to be much smaller as well. Additionally Gmo Opportunistic Income has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Gmo Opportunistic Price Density |
| Price |
Predictive Modules for Gmo Opportunistic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gmo Opportunistic. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gmo Opportunistic's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Gmo Opportunistic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gmo Opportunistic is not an exception. The market had few large corrections towards the Gmo Opportunistic's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Gmo Opportunistic Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gmo Opportunistic within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.0032 | |
β | Beta against NYSE Composite | 0.06 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.31 |
Gmo Opportunistic Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Gmo Opportunistic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gmo Opportunistic can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund retains about 8.56% of its assets under management (AUM) in fixed income securities |
Gmo Opportunistic Technical Analysis
Gmo Opportunistic's future price can be derived by breaking down and analyzing its technical indicators over time. Gmo Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gmo Opportunistic Income. In general, you should focus on analyzing Gmo Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Gmo Opportunistic Predictive Forecast Models
Gmo Opportunistic's time-series forecasting models is one of many Gmo Opportunistic's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Gmo Opportunistic's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Gmo Opportunistic
Checking the ongoing alerts about Gmo Opportunistic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gmo Opportunistic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund retains about 8.56% of its assets under management (AUM) in fixed income securities |
Check out Gmo Opportunistic Backtesting, Portfolio Optimization, Gmo Opportunistic Correlation, Gmo Opportunistic Hype Analysis, Gmo Opportunistic Volatility, Gmo Opportunistic History as well as Gmo Opportunistic Performance. Note that the Gmo Opportunistic information on this page should be used as a complementary analysis to other Gmo Opportunistic'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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.