Comstock Capital Value Fund Quote
COMVX Fund | USD 3.93 0.01 0.25% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Comstock Capital is trading at 3.93 as of the 17th of April 2024; that is -0.25 percent down since the beginning of the trading day. The fund's open price was 3.94. Comstock Capital has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Comstock Capital Value are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of April 2022 and ending today, the 17th of April 2024. Click here to learn more.
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. More on Comstock Capital Value
Moving together with Comstock Mutual Fund
0.87 | GCFSX | Gabelli Global Financial | PairCorr |
0.84 | GCIEX | Gabelli Equity | PairCorr |
0.74 | EMACX | Enterprise Mergers And | PairCorr |
0.76 | EMAAX | Enterprise Mergers And | PairCorr |
0.87 | EMAYX | Enterprise Mergers And | PairCorr |
0.8 | GUXPX | Gabelli Utilities | PairCorr |
Comstock Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Comstock Capital's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Comstock Capital or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund Concentration | Gabelli Funds, Large Funds, Trading--Inverse Equity Funds, Trading--Inverse Equity, Gabelli, Trading--Inverse Equity, Trading--Inverse Equity (View all Sectors) |
Update Date | 31st of March 2024 |
Expense Ratio Date | 26th of August 2022 |
Fiscal Year End | April |
Comstock Capital Value [COMVX] is traded in USA and was established 17th of April 2024. Comstock Capital is listed under Gabelli category by Fama And French industry classification. The fund is listed under Trading--Inverse Equity category and is part of Gabelli family. This fund currently has accumulated 5.75 M in assets under management (AUM) with minimum initial investment of 1 K. Comstock Capital Value is currently producing year-to-date (YTD) return of 0.5% with the current yeild of 0.02%, while the total return for the last 3 years was 2.88%.
Check Comstock Capital Probability Of Bankruptcy
Instrument Allocation
Top Comstock Capital Value Mutual Fund Constituents
DHR | Danaher | Stock | Health Care |
SAM | Boston Beer | Stock | Consumer Staples |
SNA | Snap On | Stock | Industrials |
IYT | iShares Transportation Average | Etf | Industrials |
PM | Philip Morris International | Stock | Consumer Staples |
SON | Sonoco Products | Stock | Materials |
ADP | Automatic Data Processing | Stock | Industrials |
Comstock Capital Target Price Odds Analysis
Based on a normal probability distribution, the odds of Comstock Capital jumping above the current price in 90 days from now is about 80.57%. The Comstock Capital Value probability density function shows the probability of Comstock Capital mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Comstock Capital has a beta of 0.2598 suggesting as returns on the market go up, Comstock Capital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Comstock Capital Value will be expected to be much smaller as well. Additionally, comstock Capital Value has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Comstock Capital to move above the current price in 90 days from now is about 80.57 (This Comstock Capital Value probability density function shows the probability of Comstock Mutual Fund to fall within a particular range of prices over 90 days) .
Comstock Capital Value Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Comstock Capital market risk premium is the additional return an investor will receive from holding Comstock Capital long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Comstock Capital. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Comstock Capital's alpha and beta are two of the key measurements used to evaluate Comstock Capital's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.1721 | |||
Standard Deviation | 0.2583 | |||
Variance | 0.0667 | |||
Risk Adjusted Performance | (0.03) |
Comstock Capital Against Markets
Picking the right benchmark for Comstock Capital mutual fund 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 Comstock Capital mutual fund 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 Comstock Capital is critical whether you are bullish or bearish towards Comstock Capital Value at a given time. Please also check how Comstock Capital'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 Comstock Capital 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.Did you try this?
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How to buy Comstock Mutual Fund?
Before investing in Comstock Capital, 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 Comstock Capital. To buy Comstock Capital fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Comstock Capital. 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 Comstock Capital fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Comstock Capital Value fund 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 Comstock Capital Value fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Comstock Capital Value, 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 fund 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.
Already Invested in Comstock Capital Value?
The danger of trading Comstock Capital Value is mainly related to its market volatility and Mutual Fund 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 Comstock Capital 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 Comstock Capital. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Comstock Capital Value 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.
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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.