Gabelli Global Mini Fund Price on November 2, 2020
| GGMMX Fund | USD 10.85 0.07 0.64% |
Below is the normalized historical share price chart for Gabelli Global Mini extending back to October 01, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Gabelli Global stands at 10.85, as last reported on the 18th of April 2024, with the highest price reaching 10.85 and the lowest price hitting 10.85 during the day.
If you're considering investing in Gabelli Mutual Fund, it is important to understand the factors that can impact its price. We consider Gabelli Global very steady. Gabelli Global Mini holds Efficiency (Sharpe) Ratio of 0.0633, which attests that the entity had a 0.0633% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Gabelli Global Mini, which you can use to evaluate the volatility of the entity. Please check out Gabelli Global's risk adjusted performance of 0.0294, and Market Risk Adjusted Performance of 0.0424 to validate if the risk estimate we provide is consistent with the expected return of 0.0577%.
Gabelli Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Gabelli |
Sharpe Ratio = 0.0633
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| Cash | GGMMX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.91 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Gabelli Global is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Gabelli Global by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Gabelli Global Mutual Fund history
Gabelli Global investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Gabelli is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gabelli Global Mini will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Gabelli Global stock prices may prove useful in developing a viable investing in Gabelli Global
The fund primarily invests in equity securities of micro-cap companies, which the managers define as companies that have a market capitalization of 250 million or less at the time of the funds investment. It invests in securities of issuers, or related investments thereof, located in at least three countries, and at least 40 percent of the funds total net assets are invested in securities of non-U.S. issuers or related investments thereof. It is non-diversified.
Gabelli Global Mutual Fund Technical Analysis
Gabelli Global technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Gabelli Global Period Price Range
Gabelli Global April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Gabelli Global mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gabelli Global shares will generate the highest return on investment. By undertsting and applying Gabelli Global mutual fund market strength indicators, traders can identify Gabelli Global Mini entry and exit signals to maximize returns
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 10.85 | |||
| Day Typical Price | 10.85 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | (0.07) | |||
| Relative Strength Index | 47.98 |
Gabelli Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gabelli Global's price direction in advance. Along with the technical and fundamental analysis of Gabelli Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gabelli to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0294 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0324 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gabelli Global Mini. 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 population. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.