Bancroft Fund Limited Stock Today

BCV Stock  USD 15.35  0.22  1.45%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Over 56

 
High
 
Low
Above Average
Bancroft Fund is selling for under 15.35 as of the 5th of May 2024; that is 1.45 percent increase since the beginning of the trading day. The stock's lowest day price was 15.24. Bancroft Fund has over 56 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Bancroft Fund Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of May 2022 and ending today, the 5th of May 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
7th of September 1984
Classification
Financials
Bancroft Fund Ltd. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. Bancroft Fund Ltd. was formed on April 20, 1971 and is domiciled in the United States. Bancroft Convertible operates under Asset Management classification in the United States and is traded on NYSEMKT Exchange.. The company has 5.87 M outstanding shares of which 4.49 K shares are currently shorted by investors with about 0.2 days to cover. More on Bancroft Fund Limited

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Bancroft Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Bancroft Fund's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bancroft Fund or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Bancroft Fund's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Bancroft Fund's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
ChairmanMario Gabelli
Old NameCVB FINANCIAL
Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Bancroft Fund report their recommendations after researching Bancroft Fund's financial statements, talking to executives and customers, or listening in on Bancroft Fund's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Bancroft Fund Limited. The Bancroft consensus assessment is calculated by taking the average forecast from all of the analysts covering Bancroft Fund.
Bancroft Fund Limited (BCV) is traded on NYSE MKT Exchange in USA. It is located in One Corporate Center, Rye, NY, United States, 10580-1422 and employs 18 people. Bancroft Fund is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 90.1 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bancroft Fund's market, we take the total number of its shares issued and multiply it by Bancroft Fund's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Bancroft Fund Limited runs under Capital Markets sector within Financials industry. The entity has 5.87 M outstanding shares of which 4.49 K shares are currently shorted by investors with about 0.2 days to cover. Bancroft Fund Limited has about 4.16 K in cash with 42.24 M of positive cash flow from operations.
Check Bancroft Fund Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Bancroft Fund Limited is $90.1 Million. Bancroft Fund Limited shows 3.06 percent of its outstanding shares held by insiders and 24.23 percent owned by other corporate entities. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Bancroft Ownership Details

Bancroft Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Bancroft Fund jumping above the current price in 90 days from now is about 39.82%. The Bancroft Fund Limited probability density function shows the probability of Bancroft Fund stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Bancroft Fund has a beta of 0.7723 suggesting as returns on the market go up, Bancroft Fund average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bancroft Fund Limited will be expected to be much smaller as well. Additionally, bancroft Fund Limited has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 15.35HorizonTargetOdds Above 15.35
59.67%90 days
 15.35 
39.82%
Based on a normal probability distribution, the odds of Bancroft Fund to move above the current price in 90 days from now is about 39.82 (This Bancroft Fund Limited probability density function shows the probability of Bancroft Stock to fall within a particular range of prices over 90 days) .

Bancroft Fund Historical Income Statement

Bancroft Fund Limited Income Statement is one of the three primary financial statements used for reporting Bancroft's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Bancroft Fund Limited revenue and expense. Bancroft Fund Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Bancroft Fund's Depreciation And Amortization is fairly stable compared to the past year. Other Operating Expenses is likely to climb to about 652.9 K in 2024, whereas Selling General Administrative is likely to drop slightly above 296.3 K in 2024. View More Fundamentals

Bancroft Stock Against Markets

Picking the right benchmark for Bancroft Fund stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Bancroft Fund stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Bancroft Fund is critical whether you are bullish or bearish towards Bancroft Fund Limited at a given time. Please also check how Bancroft Fund's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Bancroft Fund without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Bancroft Fund Corporate Management

Elected by the shareholders, the Bancroft Fund's board of directors comprises two types of representatives: Bancroft Fund inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bancroft. The board's role is to monitor Bancroft Fund's management team and ensure that shareholders' interests are well served. Bancroft Fund's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bancroft Fund's outside directors are responsible for providing unbiased perspectives on the board's policies.
CFA CFAPortfolio ManagerProfile
Kuni NakamuraIndependent TrusteeProfile
Elizabeth BoganIndependent TrusteeProfile
Michael MelarkeyIndependent TrusteeProfile

How to buy Bancroft Stock?

Before investing in Bancroft Fund, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Bancroft Fund. To buy Bancroft Fund stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Bancroft Fund. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Bancroft Fund stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Bancroft Fund Limited stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Bancroft Fund Limited stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Bancroft Fund Limited, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Bancroft Stock please use our How to Invest in Bancroft Fund guide.

Already Invested in Bancroft Fund Limited?

The danger of trading Bancroft Fund Limited is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Bancroft Fund is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Bancroft Fund. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Bancroft Fund Limited is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Bancroft Fund Limited is a strong investment it is important to analyze Bancroft Fund's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bancroft Fund's future performance. For an informed investment choice regarding Bancroft Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bancroft Fund Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Bancroft Fund Limited information on this page should be used as a complementary analysis to other Bancroft Fund'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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running Bancroft Fund's price analysis, check to measure Bancroft Fund's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bancroft Fund is operating at the current time. Most of Bancroft Fund's value examination focuses on studying past and present price action to predict the probability of Bancroft Fund's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bancroft Fund's price. Additionally, you may evaluate how the addition of Bancroft Fund to your portfolios can decrease your overall portfolio volatility.
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Is Bancroft Fund's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bancroft Fund. If investors know Bancroft will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bancroft Fund listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.82)
Earnings Share
(8.30)
Revenue Per Share
0.399
Quarterly Revenue Growth
(0.46)
Return On Assets
0.0015
The market value of Bancroft Fund Limited is measured differently than its book value, which is the value of Bancroft that is recorded on the company's balance sheet. Investors also form their own opinion of Bancroft Fund's value that differs from its market value or its book value, called intrinsic value, which is Bancroft Fund's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bancroft Fund's market value can be influenced by many factors that don't directly affect Bancroft Fund's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bancroft Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bancroft Fund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bancroft Fund'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.