Comstock Capital Value Fund Three Year Return
| DRCVX Fund | USD 3.91 0.01 0.26% |
Comstock Capital Value fundamentals help investors to digest information that contributes to Comstock Capital's financial success or failures. It also enables traders to predict the movement of Comstock Mutual Fund. The fundamental analysis module provides a way to measure Comstock Capital's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Comstock Capital mutual fund.
Comstock |
Comstock Capital Value Mutual Fund Three Year Return Analysis
Comstock Capital's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Comstock Capital Three Year Return | 2.80 % |
Most of Comstock Capital's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Comstock Capital Value is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
| Competition |
Based on the latest financial disclosure, Comstock Capital Value has a Three Year Return of 2.7994%. This is 59.19% lower than that of the Gabelli family and significantly higher than that of the Trading--Inverse Equity category. The three year return for all United States funds is notably lower than that of the firm.
Comstock Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Comstock Capital's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Comstock Capital could also be used in its relative valuation, which is a method of valuing Comstock Capital by comparing valuation metrics of similar companies.Comstock Capital is currently under evaluation in three year return among similar funds.
Fund Asset Allocation for Comstock Capital
The fund consists of 77.91% investments in stocks, with the rest of investments allocated between different money market instruments and various exotic instruments.Asset allocation divides Comstock Capital's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Comstock Fundamentals
| Price To Earning | 25.67 X | ||||
| Price To Book | 1.48 X | ||||
| Price To Sales | 2.50 X | ||||
| Total Asset | 4.16 M | ||||
| Annual Yield | 0.02 % | ||||
| Year To Date Return | 0.76 % | ||||
| One Year Return | 4.10 % | ||||
| Three Year Return | 2.80 % | ||||
| Five Year Return | (1.59) % | ||||
| Ten Year Return | (16.55) % | ||||
| Net Asset | 17.76 M | ||||
| Minimum Initial Investment | 1 K | ||||
| Last Dividend Paid | 0.01 | ||||
| Cash Position Weight | 21.45 % | ||||
| Equity Positions Weight | 77.91 % |
About Comstock Capital Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Comstock Capital Value's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Comstock Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Comstock Capital Value based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Comstock Capital in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Comstock Capital's short interest history, or implied volatility extrapolated from Comstock Capital options trading.
Pair Trading with Comstock Capital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Comstock Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Comstock Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with Comstock Mutual Fund
| 0.84 | GCFSX | Gabelli Global Financial | PairCorr |
| 0.77 | GCIEX | Gabelli Equity | PairCorr |
| 0.74 | EMACX | Enterprise Mergers And | PairCorr |
| 0.83 | GUXPX | Gabelli Utilities | PairCorr |
| 0.74 | GVCAX | Gabelli Value | PairCorr |
The ability to find closely correlated positions to Comstock Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Comstock Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Comstock Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Comstock Capital Value to buy it.
The correlation of Comstock Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Comstock Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Comstock Capital Value moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Comstock Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.