Gmo High Yield Fund Manager Performance Evaluation
| GMOZX Fund | 18.13 0.07 0.38% |
The fund retains a Market Volatility (i.e., Beta) of 0.051, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gmo High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gmo High is expected to be smaller as well.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Gmo High Yield are ranked lower than 8 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Gmo High is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreGmo |
Gmo High Relative Risk vs. Return Landscape
If you would invest 1,633 in Gmo High Yield on March 21, 2024 and sell it today you would earn a total of 180.00 from holding Gmo High Yield or generate 11.02% return on investment over 90 days. Gmo High Yield is currently producing 0.0367% returns and takes up 0.3301% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Gmo, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Gmo High Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gmo High's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Gmo High Yield, and traders can use it to determine the average amount a Gmo High's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1113
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GMOZX |
Estimated Market Risk
| 0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Gmo High is performing at about 8% 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 High by adding it to a well-diversified portfolio.
Things to note about Gmo High Yield performance evaluation
Checking the ongoing alerts about Gmo High for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Gmo High Yield help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Gmo High's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Gmo High's mutual fund performance include:- Analyzing Gmo High's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Gmo High's stock is overvalued or undervalued compared to its peers.
- Examining Gmo High's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Gmo High's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Gmo High's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Gmo High's mutual fund. These opinions can provide insight into Gmo High's potential for growth and whether the stock is currently undervalued or overvalued.
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