Gmo High Yield Fund Technical Analysis
| GHVIX Fund | USD 17.79 0.03 0.17% |
As of the 25th of April, Gmo High retains the Market Risk Adjusted Performance of 0.0253, downside deviation of 0.3351, and Risk Adjusted Performance of 0.0215. Gmo High technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Gmo High Yield, which can be compared to its competitors. Please check out Gmo High Yield standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Gmo High is priced fairly, providing market reflects its last-minute price of 17.79 per share.
Gmo High Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Gmo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GmoGmo |
Gmo High 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.
Gmo High Yield Technical Analysis
The output start index for this execution was five with a total number of output elements of fifty-six. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Gmo High Yield volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Gmo High Yield Trend Analysis
Use this graph to draw trend lines for Gmo High Yield. You can use it to identify possible trend reversals for Gmo High as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Gmo High price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Gmo High Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Gmo High Yield applied against its price change over selected period. The best fit line has a slop of 0.0009 , which means Gmo High Yield will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Gmo High price change compared to its average price change.About Gmo High Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Gmo High Yield on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Gmo High Yield based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Gmo High Yield price pattern first instead of the macroeconomic environment surrounding Gmo High Yield. By analyzing Gmo High's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Gmo High's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Gmo High specific price patterns or momentum indicators. Please read more on our technical analysis page.
Gmo High April 25, 2024 Technical Indicators
Most technical analysis of Gmo help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Gmo from various momentum indicators to cycle indicators. When you analyze Gmo charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0215 | |||
| Market Risk Adjusted Performance | 0.0253 | |||
| Mean Deviation | 0.2036 | |||
| Semi Deviation | 0.2715 | |||
| Downside Deviation | 0.3351 | |||
| Coefficient Of Variation | 1778.21 | |||
| Standard Deviation | 0.2644 | |||
| Variance | 0.0699 | |||
| Information Ratio | (0.30) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.24) | |||
| Treynor Ratio | 0.0153 | |||
| Maximum Drawdown | 1.24 | |||
| Value At Risk | (0.45) | |||
| Potential Upside | 0.3399 | |||
| Downside Variance | 0.1123 | |||
| Semi Variance | 0.0737 | |||
| Expected Short fall | (0.20) | |||
| Skewness | (0.85) | |||
| Kurtosis | 1.07 |
Gmo High Yield One Year Return
Based on the recorded statements, Gmo High Yield has an One Year Return of 8.2747%. This is 253.8% lower than that of the GMO family and significantly higher than that of the High Yield Bond category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Gmo High April 25, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Gmo stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | (Huge) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 17.79 | ||
| Day Typical Price | 17.79 | ||
| Price Action Indicator | (0.02) |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gmo High Yield. 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 gross domestic product. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.