Gamco Investors Backtesting

<div class='circular--portrait' style='background:#000000;color: white;font-size:3em;padding-top: 40px;;'>GBL</div>
GBL -- USA Stock  

USD 17.80  0.11  0.62%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Gamco Investors and determine expected loss or profit from investing in Gamco Investors over given investment horizon. Please check Gamco Investors Hype Analysis, Gamco Investors Correlation, Gamco Investors Valuation, Gamco Investors Volatility as well as analyze Gamco Investors Alpha and Beta and Gamco Investors Performance.

Gamco Investors 'What if' Analysis

November 20, 2019
No Change 0.00  0.0 
In 3 months and 1 day
February 18, 2020
If you would invest  0.00  in Gamco Investors on November 20, 2019 and sell it all today you would earn a total of 0.00 from holding Gamco Investors or generate 0.0% return on investment in Gamco Investors over 90 days. Gamco Investors is related to or competes with Evercore, Freedom Holding, Associated Capital, Goldman Sachs, Moelis, Diamond Hill, and ETRADE Financial. GAMCO Investors, Inc. is a publicly owned holding investment manager

Gamco Investors Upside/Downside Indicators

Downside Deviation2.0
Information Ratio(0.026878)
Maximum Drawdown10.67
Value At Risk(3.38)
Potential Upside2.52

Gamco Investors Market Premium Indicators

Risk Adjusted Performance0.0208
Jensen Alpha0.045
Total Risk Alpha(0.15)
Sortino Ratio(0.025087)
Treynor Ratio(0.1)

Gamco Investors Backtested Returns

We consider Gamco Investors somewhat reliable. Gamco Investors holds Efficiency (Sharpe) Ratio of 0.0483 which attests that the entity had 0.0483% of return per unit of risk over the last 3 months. Our philosophy towards determining volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Gamco Investors which you can use to evaluate future volatility of the corporation. Please check out Gamco Investors Risk Adjusted Performance of 0.0208, Downside Deviation of 2.0 and Market Risk Adjusted Performance of (0.09) to validate if risk estimate we provide are consistent with the epected return of 0.0863%. Gamco Investors has performance score of 3 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of -0.2608 which attests that as returns on market increase, returns on owning Gamco Investors are expected to decrease at a much smaller rate. During bear market, Gamco Investors is likely to outperform the market. Although it is extremely important to respect Gamco Investors current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By evaluating Gamco Investors technical indicators you can presently evaluate if the expected return of 0.0863% will be sustainable into the future. Gamco Investors right now retains a risk of 1.79%. Please check out Gamco Investors Potential Upside, and the relationship between Sortino Ratio and Skewness to decide if Gamco Investors will be following its current trending patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.61) 
correlation synergy

Very good reverse predictability

Gamco Investors has very good reverse predictability. Overlapping area represents the amount of predictability between Gamco Investors time series from November 20, 2019 to January 4, 2020 and January 4, 2020 to February 18, 2020. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Gamco Investors price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Gamco Investors price fluctuation can be explain by its past prices. Given that Gamco Investors has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Gamco Investors for similar time interval.
Correlation Coefficient-0.61
Spearman Rank Test-0.47
Residual Average0.0
Price Variance0.33

Gamco Investors lagged returns against current returns

 Current and Lagged Values 

Gamco Investors regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Gamco Investors Lagged Returns

 Regressed Prices 

Current Sentiment - GBL

Gamco Investors Investor Sentiment

Greater number of Macroaxis users are currently bullish on Gamco Investors. What is your judgment towards investing in Gamco Investors? Are you bullish or bearish?
98% Bullish
2% Bearish

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Please check Gamco Investors Hype Analysis, Gamco Investors Correlation, Gamco Investors Valuation, Gamco Investors Volatility as well as analyze Gamco Investors Alpha and Beta and Gamco Investors Performance. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.