Gmo Alternative Allocation Fund Market Value

GAAVX Fund  USD 18.27  0.04  0.22%   
Gmo Alternative's market value is the price at which a share of Gmo Alternative trades on a public exchange. It measures the collective expectations of Gmo Alternative Allocation investors about its performance. Gmo Alternative is trading at 18.27 as of the 15th of March 2025; that is 0.22 percent increase since the beginning of the trading day. The fund's open price was 18.23.
With this module, you can estimate the performance of a buy and hold strategy of Gmo Alternative Allocation and determine expected loss or profit from investing in Gmo Alternative over a given investment horizon. Check out Gmo Alternative Correlation, Gmo Alternative Volatility and Gmo Alternative Alpha and Beta module to complement your research on Gmo Alternative.
Symbol

Please note, there is a significant difference between Gmo Alternative's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gmo Alternative is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gmo Alternative's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Gmo Alternative 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Gmo Alternative's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Gmo Alternative.
0.00
12/15/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/15/2025
0.00
If you would invest  0.00  in Gmo Alternative on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Gmo Alternative Allocation or generate 0.0% return on investment in Gmo Alternative over 90 days. Gmo Alternative is related to or competes with Dodge Cox, Vest Large, Profunds-large Cap, Tiaa Cref, T Rowe, Lord Abbett, and Fidelity Large. The fund invests directly or indirectly in a combination of GMO investment strategies More

Gmo Alternative Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Gmo Alternative's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Gmo Alternative Allocation upside and downside potential and time the market with a certain degree of confidence.

Gmo Alternative Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Gmo Alternative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gmo Alternative's standard deviation. In reality, there are many statistical measures that can use Gmo Alternative historical prices to predict the future Gmo Alternative's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gmo Alternative'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.
Hype
Prediction
LowEstimatedHigh
17.6418.2818.92
Details
Intrinsic
Valuation
LowRealHigh
17.5118.1518.79
Details

Gmo Alternative Allo Backtested Returns

At this stage we consider Gmo Mutual Fund to be very steady. Gmo Alternative Allo holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Gmo Alternative Allo, which you can use to evaluate the volatility of the entity. Please check out Gmo Alternative's Downside Deviation of 0.6138, risk adjusted performance of 0.1281, and Market Risk Adjusted Performance of 1.34 to validate if the risk estimate we provide is consistent with the expected return of 0.1%. The fund retains a Market Volatility (i.e., Beta) of 0.0633, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gmo Alternative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gmo Alternative is expected to be smaller as well.

Auto-correlation

    
  0.27  

Poor predictability

Gmo Alternative Allocation has poor predictability. Overlapping area represents the amount of predictability between Gmo Alternative time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Gmo Alternative Allo price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Gmo Alternative price fluctuation can be explain by its past prices.
Correlation Coefficient0.27
Spearman Rank Test0.56
Residual Average0.0
Price Variance0.13

Gmo Alternative Allo lagged returns against current returns

Autocorrelation, which is Gmo Alternative mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Gmo Alternative's mutual fund expected returns. We can calculate the autocorrelation of Gmo Alternative returns to help us make a trade decision. For example, suppose you find that Gmo Alternative has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Gmo Alternative regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Gmo Alternative mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gmo Alternative mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gmo Alternative mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Gmo Alternative Lagged Returns

When evaluating Gmo Alternative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gmo Alternative mutual fund have on its future price. Gmo Alternative autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Gmo Alternative autocorrelation shows the relationship between Gmo Alternative mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Gmo Alternative Allocation.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Gmo Mutual Fund

Gmo Alternative financial ratios help investors to determine whether Gmo Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gmo with respect to the benefits of owning Gmo Alternative security.
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