Gamco Global Telecommunications Fund Technical Analysis
| GTCAX Fund | USD 19.93 0.09 0.45% |
As of the 15th of April 2024, Gamco Global retains the Market Risk Adjusted Performance of 0.1237, downside deviation of 0.8465, and Risk Adjusted Performance of 0.0862. Gamco Global technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Gamco Global Telecom, which can be compared to its competitors. Please check out Gamco Global Telecom coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Gamco Global is priced fairly, providing market reflects its last-minute price of 19.93 per share.
Gamco Global Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Gamco, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GamcoGamco |
Gamco Global technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Gamco Global Telecom Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Gamco Global Telecom volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Gamco Global Telecom Trend Analysis
Use this graph to draw trend lines for Gamco Global Telecommunications. You can use it to identify possible trend reversals for Gamco Global as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Gamco Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Gamco Global Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Gamco Global Telecommunications applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Gamco Global Telecommunications will continue generating value for investors. It has 122 observation points and a regression sum of squares at 10.14, which is the sum of squared deviations for the predicted Gamco Global price change compared to its average price change.About Gamco Global Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Gamco Global Telecommunications on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Gamco Global Telecommunications based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Gamco Global Telecom price pattern first instead of the macroeconomic environment surrounding Gamco Global Telecom. By analyzing Gamco Global's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Gamco Global's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Gamco Global specific price patterns or momentum indicators. Please read more on our technical analysis page.
Gamco Global April 15, 2024 Technical Indicators
Most technical analysis of Gamco help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Gamco from various momentum indicators to cycle indicators. When you analyze Gamco charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Risk Adjusted Performance | 0.0862 | |||
| Market Risk Adjusted Performance | 0.1237 | |||
| Mean Deviation | 0.5387 | |||
| Semi Deviation | 0.6361 | |||
| Downside Deviation | 0.8465 | |||
| Coefficient Of Variation | 726.16 | |||
| Standard Deviation | 0.6826 | |||
| Variance | 0.466 | |||
| Information Ratio | 0.0232 | |||
| Jensen Alpha | 0.0336 | |||
| Total Risk Alpha | 0.0088 | |||
| Sortino Ratio | 0.0187 | |||
| Treynor Ratio | 0.1137 | |||
| Maximum Drawdown | 3.24 | |||
| Value At Risk | (1.05) | |||
| Potential Upside | 0.9636 | |||
| Downside Variance | 0.7166 | |||
| Semi Variance | 0.4046 | |||
| Expected Short fall | (0.57) | |||
| Skewness | (0.70) | |||
| Kurtosis | 0.6974 |
Gamco Global Telecom One Year Return
Based on the recorded statements, Gamco Global Telecommunications has an One Year Return of 15.9442%. This is 34.89% higher than that of the Gabelli family and significantly higher than that of the Communications category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gamco Global Telecommunications. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Gamco Global Telecom information on this page should be used as a complementary analysis to other Gamco Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.