Comstock Capital Financials
| COMVX Fund | USD 3.93 0.01 0.26% |
Comstock |
Please note that past performance is not an indicator of the future performance of Comstock Capital, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Comstock Capital Fund Summary
Comstock Capital competes with National Tax, Ab Bond, Rational/pier, Ultra-short Term, and Ms Global. The fund follows a value oriented strategy and seeks to achieve its investment objective by investing in equity and debt securities, money market instruments, and derivatives. It may invest in, and may shift frequently among, a wide range of asset classes and market sectors. The fund may invest up to 65 percent of its assets in equity and debt securities of foreign issuers, including those in emerging markets. It may invest without limit in high yield debt securities, but currently the advisor intends to limit such investments to 35 percent of its assets.Specialization | Trading--Inverse Equity, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Comstock Funds |
| Mutual Fund Family | Gabelli |
| Mutual Fund Category | Trading--Inverse Equity |
| Benchmark | NYSE Composite |
| Phone | 800 422 3554 |
| Currency | USD - US Dollar |
You should never invest in Comstock Capital Value without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Comstock Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Comstock Capital's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Comstock Capital Key Financial Ratios
Generally speaking, Comstock Capital's financial ratios allow both analysts and investors to convert raw data from Comstock Capital's financial statements into concise, actionable information that can be used to evaluate the performance of Comstock Capital over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Comstock Capital Value reports annually and quarterly.Comstock Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Comstock Capital's current stock value. Our valuation model uses many indicators to compare Comstock Capital value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Comstock Capital competition to find correlations between indicators driving Comstock Capital's intrinsic value. More Info.Comstock Capital Value is the top fund in price to earning among similar funds. It is the top fund in price to book among similar funds fabricating about 0.06 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Comstock Capital Value is roughly 17.31 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Comstock Capital by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Comstock Capital's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Comstock Capital's earnings, one of the primary drivers of an investment's value.Comstock Capital Value Systematic Risk
Comstock Capital's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Comstock Capital volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Comstock Capital Value correlated with the market. If Beta is less than 0 Comstock Capital generally moves in the opposite direction as compared to the market. If Comstock Capital Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Comstock Capital Value is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Comstock Capital is generally in the same direction as the market. If Beta > 1 Comstock Capital moves generally in the same direction as, but more than the movement of the benchmark.
Comstock Capital April 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Comstock Capital help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Comstock Capital Value. We use our internally-developed statistical techniques to arrive at the intrinsic value of Comstock Capital Value based on widely used predictive technical indicators. In general, we focus on analyzing Comstock Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Comstock Capital's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4118 | |||
| Information Ratio | (0.37) | |||
| Maximum Drawdown | 1.52 | |||
| Value At Risk | (0.51) | |||
| Potential Upside | 0.2558 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comstock Capital Value. 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 real. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.