Gmo Quality Fund Market Value

GQETX Fund  USD 32.68  0.31  0.94%   
Gmo Quality's market value is the price at which a share of Gmo Quality trades on a public exchange. It measures the collective expectations of Gmo Quality Fund investors about its performance. Gmo Quality is trading at 32.68 as of the 27th of March 2025; that is 0.94 percent decrease since the beginning of the trading day. The fund's open price was 32.99.
With this module, you can estimate the performance of a buy and hold strategy of Gmo Quality Fund and determine expected loss or profit from investing in Gmo Quality over a given investment horizon. Check out Gmo Quality Correlation, Gmo Quality Volatility and Gmo Quality Alpha and Beta module to complement your research on Gmo Quality.
Symbol

Please note, there is a significant difference between Gmo Quality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gmo Quality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gmo Quality'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 Quality '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 Quality'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 Quality.
0.00
12/27/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/27/2025
0.00
If you would invest  0.00  in Gmo Quality on December 27, 2024 and sell it all today you would earn a total of 0.00 from holding Gmo Quality Fund or generate 0.0% return on investment in Gmo Quality over 90 days. Gmo Quality is related to or competes with Gmo Quality, Siit Dynamic, Janus Growth, Gmo Quality, and Equity Index. The adviser seeks to achieve the funds investment objective by investing the funds assets primarily in equities of compa... More

Gmo Quality 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 Quality'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 Quality Fund upside and downside potential and time the market with a certain degree of confidence.

Gmo Quality Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Gmo Quality's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gmo Quality's standard deviation. In reality, there are many statistical measures that can use Gmo Quality historical prices to predict the future Gmo Quality'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 Quality'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
31.8632.6833.50
Details
Intrinsic
Valuation
LowRealHigh
32.0432.8633.68
Details
Naive
Forecast
LowNextHigh
32.3133.1333.95
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
32.0932.7633.44
Details

Gmo Quality Fund Backtested Returns

Gmo Quality Fund holds Efficiency (Sharpe) Ratio of -0.0176, which attests that the entity had a -0.0176 % return per unit of risk over the last 3 months. Gmo Quality Fund exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gmo Quality's Downside Deviation of 0.8891, risk adjusted performance of 0.0047, and Market Risk Adjusted Performance of 0.0039 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.81, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Gmo Quality's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gmo Quality is expected to be smaller as well.

Auto-correlation

    
  -0.86  

Excellent reverse predictability

Gmo Quality Fund has excellent reverse predictability. Overlapping area represents the amount of predictability between Gmo Quality time series from 27th of December 2024 to 10th of February 2025 and 10th of February 2025 to 27th 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 Quality Fund price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current Gmo Quality price fluctuation can be explain by its past prices.
Correlation Coefficient-0.86
Spearman Rank Test-0.85
Residual Average0.0
Price Variance0.6
Gmo ReturnsGmo Lagged ReturnsDiversified AwayGmo ReturnsGmo Lagged ReturnsDiversified Away100%

Gmo Quality Fund lagged returns against current returns

Autocorrelation, which is Gmo Quality 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 Quality's mutual fund expected returns. We can calculate the autocorrelation of Gmo Quality returns to help us make a trade decision. For example, suppose you find that Gmo Quality 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   
JavaScript chart by amCharts 3.21.15Feb 10Feb 15Feb 20Feb 25MarMar 07Mar 12Mar 17Mar 22-6%-4%-2%0%2%4% 1
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
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Gmo Quality 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 Quality mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gmo Quality 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 Quality mutual fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Feb 10Feb 15Feb 20Feb 25MarMar 07Mar 12Mar 17Mar 2232.533.033.534.034.5
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
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Gmo Quality Lagged Returns

When evaluating Gmo Quality's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gmo Quality mutual fund have on its future price. Gmo Quality 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 Quality autocorrelation shows the relationship between Gmo Quality mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Gmo Quality Fund.
   Regressed Prices   
JavaScript chart by amCharts 3.21.152025FebMar32.533.033.534.034.5
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
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Other Information on Investing in Gmo Mutual Fund

Gmo Quality 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 Quality security.
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