GAAAX Mutual Fund Alpha and Beta Analysis

GAAAX Fund  USD 24.04  0.03  0.12%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as GMO Opportunistic Income. It also helps investors analyze the systematic and unsystematic risks associated with investing in GMO Opportunistic over a specified time horizon. Remember, high GMO Opportunistic's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please check GMO Opportunistic Backtesting, Portfolio Optimization, GMO Opportunistic Correlation, GMO Opportunistic Hype Analysis, GMO Opportunistic Volatility, GMO Opportunistic History and analyze GMO Opportunistic Performance.
  
Please note that although GMO Opportunistic alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, GMO Opportunistic did 0.035484  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of GMO Opportunistic Income fund's relative risk over its benchmark. GMO Opportunistic Income has a beta of 0.0411  . Let's try to break down what GAAAX's beta means in this case. As returns on the market increase, GMO Opportunistic returns are expected to increase less than the market. However, during the bear market, the loss on holding GMO Opportunistic will be expected to be smaller as well.
.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

GMO Opportunistic Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. GMO Opportunistic market risk premium is the additional return an investor will receive from holding GMO Opportunistic 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 Opportunistic. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate GMO Opportunistic's performance over market.
α0.035484   β0.0411
90 days against NYA

GMO Opportunistic expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of GMO Opportunistic's Buy-and-hold return. Our buy-and-hold chart shows how GMO Opportunistic performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

GMO Opportunistic Market Price Analysis

Market price analysis indicators help investors to evaluate how GMO Opportunistic mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GMO Opportunistic shares will generate the highest return on investment. By understating and applying GMO Opportunistic mutual fund market price indicators, traders can identify GMO Opportunistic position entry and exit signals to maximize returns.

GMO Opportunistic Return and Market Media

The median price of GMO Opportunistic for the period between Wed, Nov 2, 2022 and Tue, Jan 31, 2023 is 23.67 with a coefficient of variation of 1.13. The daily time series for the period is distributed with a sample standard deviation of 0.27, arithmetic mean of 23.66, and mean deviation of 0.22. The Fund did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

About GMO Opportunistic Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including GAAAX or other funds. Alpha measures the amount that position in GMO Opportunistic Income has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards GMO Opportunistic in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, GMO Opportunistic's short interest history, or implied volatility extrapolated from GMO Opportunistic options trading.

Build Portfolio with GMO Opportunistic

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check GMO Opportunistic Backtesting, Portfolio Optimization, GMO Opportunistic Correlation, GMO Opportunistic Hype Analysis, GMO Opportunistic Volatility, GMO Opportunistic History and analyze GMO Opportunistic Performance. Note that the GMO Opportunistic Income 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for GAAAX Mutual Fund analysis

When running GMO Opportunistic Income price analysis, check to measure GMO Opportunistic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GMO Opportunistic is operating at the current time. Most of GMO Opportunistic's value examination focuses on studying past and present price action to predict the probability of GMO Opportunistic's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move GMO Opportunistic's price. Additionally, you may evaluate how the addition of GMO Opportunistic to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Bond Directory
Find actively traded corporate debentures issued by US companies
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
CEO Directory
Screen CEOs from public companies around the world
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
GMO Opportunistic technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of GMO Opportunistic technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of GMO Opportunistic trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...