Gmo Emerging Country Fund Market Value
| GMOQX Fund | USD 19.69 0.09 0.46% |
| Symbol | Gmo |
Gmo Emerging '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 Emerging'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 Emerging.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Gmo Emerging on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Gmo Emerging Country or generate 0.0% return on investment in Gmo Emerging over 60 days. Gmo Emerging is related to or competes with Vy(r) Clarion, Nuveen Real, Deutsche Real, Davis Real, and Tiaa-cref Real. The fund invests primarily in debt of emerging country sovereign and quasi-sovereign issuers More
Gmo Emerging 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 Emerging'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 Emerging Country upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 6.64 | |||
| Value At Risk | (0.45) | |||
| Potential Upside | 0.4028 |
Gmo Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gmo Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gmo Emerging's standard deviation. In reality, there are many statistical measures that can use Gmo Emerging historical prices to predict the future Gmo Emerging's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (1.12) |
Gmo Emerging Country Backtested Returns
Gmo Emerging Country holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. Gmo Emerging Country exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gmo Emerging's Standard Deviation of 0.7393, risk adjusted performance of (0.1), and Market Risk Adjusted Performance of (1.11) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.0855, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gmo Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gmo Emerging is expected to be smaller as well.
Auto-correlation | -0.33 |
Poor reverse predictability
Gmo Emerging Country has poor reverse predictability. Overlapping area represents the amount of predictability between Gmo Emerging time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 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 Emerging Country price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Gmo Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Gmo Emerging Country lagged returns against current returns
Autocorrelation, which is Gmo Emerging 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 Emerging's mutual fund expected returns. We can calculate the autocorrelation of Gmo Emerging returns to help us make a trade decision. For example, suppose you find that Gmo Emerging 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 Emerging 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 Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gmo Emerging 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 Emerging mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Gmo Emerging Lagged Returns
When evaluating Gmo Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gmo Emerging mutual fund have on its future price. Gmo Emerging 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 Emerging autocorrelation shows the relationship between Gmo Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Gmo Emerging Country.
Regressed Prices |
| Timeline |
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Other Information on Investing in Gmo Mutual Fund
Gmo Emerging 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 Emerging security.
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