Gmo Us Correlations

Mutual Funds . USA . 
Fund . Gmo Equity Allocation
GMCQX Fund  USD 13.27  0.07  0.53%   
The current 90-days correlation between Gmo Equity Allocation and T Rowe Price is 0.92 (i.e., Almost no diversification). The correlation of Gmo Us is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Gmo Us Correlation With Market

Almost no diversification

The correlation between Gmo Equity Allocation and DJI is 0.91 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gmo Equity Allocation and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gmo Equity Allocation. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Moving together with Gmo Mutual Fund

  0.67GUGAX Gmo E PlusPairCorr
  0.98GUSOX Gmo TrustPairCorr
  0.89GUSTX Gmo TreasuryPairCorr
  0.94GEACX Gmo TrustPairCorr
  0.98GEMEX Gmo Emerging MarketsPairCorr
  0.98GEMMX Gmo Emerging MarketsPairCorr
  0.98GEMNX Gmo Emerging MarketsPairCorr
  0.99GWOAX Gmo Global DevelopedPairCorr
  0.96IOVFX Gmo InternationalPairCorr
  0.99GHVIX Gmo High YieldPairCorr
  0.97GIEAX Gmo International EquityPairCorr
  0.97GIMFX Gmo ImplementationPairCorr
  0.95GIOTX Gmo InternationalPairCorr
  0.98GMAWX Gmo Small CapPairCorr
  0.98GMAYX Gmo Small CapPairCorr
  0.97GMAZX Gmo InternationalPairCorr
  0.96GMBCX Gmo InternationalPairCorr
  0.99GMADX Gmo Global EquityPairCorr
  0.93GMAHX Gmo Usonian JapanPairCorr
  0.93GMAKX Gmo Usonian JapanPairCorr
  0.98GMAQX Gmo Emerging MarketsPairCorr
  0.98GMAUX Gmo Emerging MarketsPairCorr
  0.96GMDFX Gmo Emerging CountryPairCorr
  0.96GMCDX Gmo Emerging NtryPairCorr
  0.95GMCFX Gmo International EquityPairCorr
  0.98GMEMX Gmo Emerging MarketsPairCorr
  0.99GMGEX Gmo Global EquityPairCorr
  0.93GMIIX Gmo Usonian JapanPairCorr
  0.87GMODX Gmo Opportunistic IncomePairCorr
  0.98GMOEX Gmo Emerging MarketsPairCorr
  0.87GMOHX Gmo Opportunistic IncomePairCorr
  0.95GMOIX Gmo International EquityPairCorr
  0.86GMOLX Gmo Opportunistic IncomePairCorr
  0.99GMOOX Gmo Global AssetPairCorr
  0.98PPADX Gmo TrustPairCorr
  0.98PPAEX Gmo TrustPairCorr
  0.98PPAJX Gmo Opportunistic ValuePairCorr

Moving against Gmo Mutual Fund

  0.58GMAEX Gmo Quality CyclicalsPairCorr
  0.58GMAOX Gmo TrustPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Gmo Mutual Fund performing well and Gmo Us Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Gmo Us' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY