Gabelli Mutual Fund Market Value

DRCVX -  USA Fund  

USD 3.66  0.00  0.00%

Gabelli Comstock's market value is the price at which a share of Gabelli Comstock stock trades on a public exchange. It measures the collective expectations of Gabelli Comstock Capital investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Gabelli Comstock Capital and determine expected loss or profit from investing in Gabelli Comstock over a given investment horizon. Continue to Gabelli Comstock Hype Analysis, Gabelli Comstock Correlation, Portfolio Optimization, Gabelli Comstock Volatility, as well as analyze Gabelli Comstock Alpha and Beta and Gabelli Comstock Performance.
Symbol
Backtest

Please note, there is a significant difference between Gabelli Comstock's value and its price as these two are different measures arrived at by different means. Investors typically determine Gabelli Comstock value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gabelli Comstock's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Gabelli Comstock 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Gabelli Comstock's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Gabelli Comstock.
0.00
09/08/2019
No Change 0.00  0.0 
In 1 year 10 months and 22 days
07/29/2021
0.00
If you would invest  0.00  in Gabelli Comstock on September 8, 2019 and sell it all today you would earn a total of 0.00 from holding Gabelli Comstock Capital or generate 0.0% return on investment in Gabelli Comstock over 690 days. Gabelli Comstock is related to or competes with Pimco Stocksplus, Rydex Dynamic, Rydex Dynamic, Rydex Dynamic, Rydex Dynamic, Rydex Dynamic, and Rydex Dynamic. The investment seeks to maximize total return, consisting of capital appreciation and current income

Gabelli Comstock Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Gabelli Comstock's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Gabelli Comstock Capital upside and downside potential and time the market with a certain degree of confidence.

Gabelli Comstock Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Gabelli Comstock's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gabelli Comstock's standard deviation. In reality, there are many statistical measures that can use Gabelli Comstock historical prices to predict the future Gabelli Comstock's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Gabelli Comstock's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Gabelli Comstock in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
3.603.663.72
Details
Intrinsic
Valuation
LowReal ValueHigh
3.293.994.05
Details
Naive
Forecast
LowNext ValueHigh
3.603.663.72
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.653.663.67
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Gabelli Comstock. Your research has to be compared to or analyzed against Gabelli Comstock's peers to derive any actionable benefits. When done correctly, Gabelli Comstock's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Gabelli Comstock Capital.

Gabelli Comstock Capital Backtested Returns

Gabelli Comstock Capital holds Efficiency (Sharpe) Ratio of -0.22, which attests that the entity had -0.22% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in determining the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Gabelli Comstock Capital exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Gabelli Comstock risk adjusted performance of (0.19), and Market Risk Adjusted Performance of 8.3 to validate the risk estimate we provide.
The fund retains a Market Volatility (i.e., Beta) of -0.0022, which attests to not very significant fluctuations relative to the market. Let's try to break down what Gabelli's beta means in this case. As returns on the market increase, returns on owning Gabelli Comstock are expected to decrease at a much lower rate. During the bear market, Gabelli Comstock is likely to outperform the market. Even though it is essential to pay attention to Gabelli Comstock Capital current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy in determining any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Gabelli Comstock Capital exposes twenty-one different technical indicators, which can help you to evaluate its performance.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.84   

Very good predictability

Gabelli Comstock Capital has very good predictability. Overlapping area represents the amount of predictability between Gabelli Comstock time series from 8th of September 2019 to 18th of August 2020 and 18th of August 2020 to 29th of July 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Gabelli Comstock Capital price movement. The serial correlation of 0.84 indicates that around 84.0% of current Gabelli Comstock price fluctuation can be explain by its past prices.
Correlation Coefficient0.84
Spearman Rank Test0.65
Residual Average0.0
Price Variance0.0

Gabelli Comstock Capital lagged returns against current returns

Autocorrelation, which is Gabelli Comstock mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Gabelli Comstock's mutual fund expected returns. We can calculate the autocorrelation of Gabelli Comstock returns to help us make a trade decision. For example, suppose you find that Gabelli Comstock mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
Share
      Timeline 

Gabelli Comstock regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Gabelli Comstock mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gabelli Comstock mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gabelli Comstock mutual fund over time.
 Current vs Lagged Prices 
Share
      Timeline 

Gabelli Comstock Lagged Returns

When evaluating Gabelli Comstock's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gabelli Comstock mutual fund have on its future price. Gabelli Comstock autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Gabelli Comstock autocorrelation shows the relationship between Gabelli Comstock mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Gabelli Comstock Capital.
 Regressed Prices 
Share
      Timeline 

Gabelli Comstock Investors Sentiment

The influence of Gabelli Comstock's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Gabelli. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - DRCVX

Gabelli Comstock Capital Investor Sentiment

Most of Macroaxis users are currently bullish on Gabelli Comstock Capital. What is your judgment towards investing in Gabelli Comstock Capital? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
Skip

Pair Trading with Gabelli Comstock

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 Gabelli Comstock 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 Gabelli Comstock will appreciate offsetting losses from the drop in the long position's value.

Gabelli Comstock Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Gabelli Comstock and Pimco Stocksplus Short. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Continue to Gabelli Comstock Hype Analysis, Gabelli Comstock Correlation, Portfolio Optimization, Gabelli Comstock Volatility, as well as analyze Gabelli Comstock Alpha and Beta and Gabelli Comstock Performance. Note that the Gabelli Comstock Capital information on this page should be used as a complementary analysis to other Gabelli Comstock'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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for Gabelli Mutual Fund analysis

When running Gabelli Comstock Capital price analysis, check to measure Gabelli Comstock'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 Comstock is operating at the current time. Most of Gabelli Comstock's value examination focuses on studying past and present price action to predict the probability of Gabelli Comstock's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Gabelli Comstock's price. Additionally, you may evaluate how the addition of Gabelli Comstock to your portfolios can decrease your overall portfolio volatility.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Money Managers
Screen money managers from public funds and ETFs managed around the world
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Gabelli Comstock 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, stock market cycles, or different charting patterns.
A focus of Gabelli Comstock technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Gabelli Comstock trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...