Gmo Opportunistic Income Fund Price on March 16, 2023
| GAAAX Fund | USD 23.88 0.03 0.13% |
If you're considering investing in Gmo Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Gmo Opportunistic stands at 23.88, as last reported on the 16th of April 2024, with the highest price reaching 23.88 and the lowest price hitting 23.88 during the day. We consider Gmo Opportunistic very steady. Gmo Opportunistic holds Efficiency (Sharpe) Ratio of 0.0816, which attests that the entity had a 0.0816% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Gmo Opportunistic, which you can use to evaluate the volatility of the entity. Please check out Gmo Opportunistic's Downside Deviation of 0.1862, market risk adjusted performance of 0.4198, and Risk Adjusted Performance of 0.0378 to validate if the risk estimate we provide is consistent with the expected return of 0.0123%.
Gmo Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Gmo |
Sharpe Ratio = 0.0816
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Estimated Market Risk
| 0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Gmo Opportunistic is performing at about 6% 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 Gmo Opportunistic by adding it to a well-diversified portfolio.
Gmo Opportunistic Valuation on March 16, 2023
It is possible to determine the worth of Gmo Opportunistic on a given historical date. On March 16, 2023 Gmo was worth 24.15 at the beginning of the trading date compared to the closed value of 22.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gmo Opportunistic mutual fund. Still, in general, we apply an absolute valuation method to find Gmo Opportunistic's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Gmo Opportunistic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gmo Opportunistic's related companies.
| Open | High | Low | Close | Volume | |
| 24.17 | 24.17 | 22.53 | 22.53 | 1.00 | |
03/16/2023 | 24.15 | 24.15 | 22.51 | 22.51 | 1.00 |
| 24.20 | 24.20 | 22.56 | 22.56 | 1.00 |
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Gmo Opportunistic Trading Date Momentum on March 16, 2023
| On March 17 2023 Gmo Opportunistic Income was traded for 22.56 at the closing time. The highest daily price throughout the period was 24.20 and the lowest price was 22.56 . There was no trading activity during the period 1.0. Lack of trading volume on 03/17/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.22% . The overall trading delta to current closing price is 7.29% . |
Gmo Opportunistic Fundamentals Correlations and Trends
By evaluating Gmo Opportunistic's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Gmo Opportunistic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gmo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gmo Opportunistic Mutual Fund history
Gmo Opportunistic investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Gmo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gmo Opportunistic will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Gmo Opportunistic stock prices may prove useful in developing a viable investing in Gmo Opportunistic
The fund invests primarily in securitized credit securities. It also may invest in other fixed-income instruments, including, without limitation, bonds and other similar instruments issued or guaranteed by the U.S. government and its agencies and instrumentalities, by non-U.S. governments and their agencies and instrumentalities and by private sector entities. The funds allocation of its assets into various asset classes within the fixed income market will depend on the views of GMO as to the best value relative to what is currently available in the market.
Gmo Opportunistic Mutual Fund Technical Analysis
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.
Price Boundaries
Gmo Opportunistic Period Price Range
Low | March 16, 2023
| High |
24.15 | 22.51 |
Gmo Opportunistic April 16, 2024 Market Strength
Market strength 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 undertsting and applying Gmo Opportunistic mutual fund market strength indicators, traders can identify Gmo Opportunistic Income entry and exit signals to maximize returns
Gmo Opportunistic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gmo Opportunistic's price direction in advance. Along with the technical and fundamental analysis of Gmo Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gmo to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0378 | |||
| Jensen Alpha | 0.0058 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.25) | |||
| Treynor Ratio | 0.4098 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gmo Opportunistic Income. 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 nation. 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.