Gmo Trust Correlations

PPADX Fund

21.36 0.19 0.90%

The current 90-days correlation between Gmo Trust and Pnc Balanced Allocation is -0.06 (i.e., Good diversification). The correlation of Gmo Trust 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 Trust Correlation With Market

Good diversification

The correlation between Gmo Trust and DJI is -0.14 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gmo Trust and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Gmo Trust . 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 private.

Moving together with Gmo Mutual Fund

0.84	FWWMX	American Funds Washington	Pair Corr
0.84	FWMMX	American Funds Washington	Pair Corr
0.84	AWSHX	Washington Mutual	Pair Corr
0.84	WSHCX	Washington Mutual	Pair Corr
0.84	WSHFX	Washington Mutual	Pair Corr
0.87	VVIAX	Vanguard Value Index	Pair Corr
0.84	RWMAX	Washington Mutual	Pair Corr
0.84	CWMAX	Washington Mutual	Pair Corr
0.84	RWMGX	Washington Mutual	Pair Corr
0.84	CWMCX	Washington Mutual	Pair Corr
0.68	PMPIX	Precious Metals Ultr	Pair Corr
0.69	PMPSX	Precious Metals Ultr	Pair Corr
0.68	FGPMX	Franklin Gold And	Pair Corr
0.66	FRGOX	Franklin Gold Precious	Pair Corr
0.7	MIDSX	Midas Fund Midas	Pair Corr
0.7	FIJDX	Gold Portfolio Fidelity	Pair Corr
0.79	TRV	The Travelers Companies	Pair Corr
0.61	JPM	JPMorgan Chase	Pair Corr
0.73	DD	Dupont De Nemours	Pair Corr
0.79	AXP	American Express	Pair Corr
0.65	XOM	Exxon Mobil Corp	Pair Corr
0.73	MMM	3M Company Earnings Call This Week	Pair Corr
0.62	JNJ	Johnson Johnson	Pair Corr

Moving against Gmo Mutual Fund

0.41	MSFT	Microsoft	Pair Corr
0.37	DIS	Walt Disney	Pair Corr

Related Correlations Analysis

	PBLIX	LSAAX	GMLVX	DFUSX	GBAYX	WILCX	GGRYX
PBLIX		0.95	0.97	0.99	0.99	0.96	1.0	PBLIX
LSAAX	0.95		0.95	0.95	0.93	0.89	0.94	LSAAX
GMLVX	0.97	0.95		0.96	0.96	0.92	0.97	GMLVX
DFUSX	0.99	0.95	0.96		0.98	0.95	0.99	DFUSX
GBAYX	0.99	0.93	0.96	0.98		0.96	1.0	GBAYX
WILCX	0.96	0.89	0.92	0.95	0.96		0.96	WILCX
GGRYX	1.0	0.94	0.97	0.99	1.0	0.96		GGRYX
	PBLIX	LSAAX	GMLVX	DFUSX	GBAYX	WILCX	GGRYX

Risk-Adjusted Indicators

There is a big difference between Gmo Mutual Fund performing well and Gmo Trust 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 Trust's 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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
PBLIX	0.43	0.04	0.05	0.10	0.48	(0.48)	1.05	(0.63)	3.91
LSAAX	0.38	0.04	0.03	0.10	0.50	(0.46)	0.93	(0.41)	3.45
GMLVX	0.61	0.07	0.07	0.14	0.67	(0.71)	1.29	(0.78)	4.77
DFUSX	0.47	0.04	0.05	0.09	0.55	(0.50)	1.14	(0.63)	4.22
GBAYX	0.25	0.04	0.02	0.13	0.16	(0.30)	0.65	(0.32)	2.14
WILCX	0.42	0.06	0.08	0.14	0.28	(0.53)	0.94	(0.76)	2.75
GGRYX	0.37	0.03	0.04	0.10	0.36	(0.44)	0.94	(0.56)	3.22

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