Gabelli Equity is trading at 5.21 as of the 9th of December 2023, a 0.97 percent increase since the beginning of the trading day. The fund's open price was 5.16. Gabelli Equity has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Gabelli Equity Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of November 2023 and ending today, the 9th of December 2023. Click here to learn more.
The Gabelli Equity Trust Inc. is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The Gabelli Equity Trust Inc. was formed on August 21, 1986 and is domiciled in the United States. Gabelli Equity operates under Asset Management classification in the United States and is traded on New York Stock Exchange.. The company has 263.51 M outstanding shares of which 851.06 K shares are currently shorted by investors with about 1.29 days to cover. More on Gabelli Equity Trust
Gabelli 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. Gabelli Equity's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Gabelli Equity or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Gabelli Equity Target Price Odds Analysis
What are Gabelli Equity's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Gabelli Equity jumping above the current price in 90 days from now is about 18.55%. The Gabelli Equity Trust probability density function shows the probability of Gabelli Equity fund to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the fund has a beta coefficient of 1.0752. This usually indicates Gabelli Equity Trust market returns are sensitive to returns on the market. As the market goes up or down, Gabelli Equity is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Gabelli Equity Trust is significantly underperforming NYSE Composite.
Gabelli Equity Trust Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Gabelli Equity market risk premium is the additional return an investor will receive from holding Gabelli Equity 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 Gabelli Equity. 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 Gabelli Equity's alpha and beta are two of the key measurements used to evaluate Gabelli Equity's performance over the market, the standard measures of volatility play an important role as well.
Gabelli Equity Against Markets
Picking the right benchmark for Gabelli Equity 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 Gabelli Equity 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 Gabelli Equity is critical whether you are bullish or bearish towards Gabelli Equity Trust at a given time. Please also check how Gabelli Equity's historical prices are related to one of the top price index indicators.
Be your own money managerOur tools can tell you how much better you can do entering a position in Gabelli Equity 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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How to buy Gabelli Fund?Before investing in Gabelli Equity, 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 Gabelli Equity. To buy Gabelli Equity fund, you can follow these steps:
- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Gabelli Equity. 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 Gabelli Equity fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Gabelli Equity Trust 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 Gabelli Equity Trust 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 Gabelli Equity Trust, 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 Gabelli Equity Trust?
The danger of trading Gabelli Equity Trust is mainly related to its market volatility and 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 Gabelli Equity 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 Gabelli Equity. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Gabelli Equity Trust 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gabelli Equity Trust. Also, note that the market value of any Fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation.Note that the Gabelli Equity Trust information on this page should be used as a complementary analysis to other Gabelli Equity'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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Gabelli Fund analysis
When running Gabelli Equity's price analysis, check to measure Gabelli Equity'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 Gabelli Equity is operating at the current time. Most of Gabelli Equity's value examination focuses on studying past and present price action to predict the probability of Gabelli Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gabelli Equity's price. Additionally, you may evaluate how the addition of Gabelli Equity to your portfolios can decrease your overall portfolio volatility.