Gabelli Fund Market Value

GAB Fund

USD 5.62 0.11 2.00%

Gabelli Equity's market value is the price at which a share of Gabelli Equity stock trades on a public exchange. It measures the collective expectations of Gabelli Equity Trust investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Gabelli Equity Trust and determine expected loss or profit from investing in Gabelli Equity over a given investment horizon. Check out Gabelli Equity Correlation, Gabelli Equity Volatility and Gabelli Equity Alpha and Beta module to complement your research on Gabelli Equity.

Symbol

Please note, there is a significant difference between Gabelli Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gabelli Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gabelli Equity'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 Equity '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 Equity's 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 Equity.

0.00

12/08/2022

No Change 0.00

0.0

In 5 months and 30 days

06/06/2023

0.00

If you would invest 0.00 in Gabelli Equity on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Gabelli Equity Trust or generate 0.0% return on investment in Gabelli Equity over 180 days. Gabelli Equity is related to or competes with DUNHAM REAL, Prudential Real, PRUDENTIAL REAL, FRANKLIN REAL, and REAL ESTATE. The Gabelli Equity Trust Inc. is a closed ended equity mutual fund launched by GAMCO Investors, Inc More

Gabelli Equity 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 Equity's 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 Equity Trust upside and downside potential and time the market with a certain degree of confidence.

	Information Ratio	(0.008757)
	Maximum Drawdown	4.54
	Value At Risk	(1.74)
	Potential Upside	2.0

Gabelli Equity Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Gabelli Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gabelli Equity's standard deviation. In reality, there are many statistical measures that can use Gabelli Equity historical prices to predict the future Gabelli Equity's volatility.

	Risk Adjusted Performance	(0.031475)
	Jensen Alpha	(0.014995)
	Total Risk Alpha	(0.004181)
	Treynor Ratio	(0.06)

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Gabelli Equity'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 Equity in the context of predictive analytics.

Hype

Prediction

Low	Estimated	High
4.55	5.62	6.69

Details

Intrinsic

Valuation

Low	Real	High
4.53	5.60	6.67

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Gabelli Equity. Your research has to be compared to or analyzed against Gabelli Equity's peers to derive any actionable benefits. When done correctly, Gabelli Equity's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Gabelli Equity Trust.

Gabelli Equity Trust Backtested Returns

Gabelli Equity Trust holds Efficiency (Sharpe) Ratio of -0.0261, which attests that the entity had -0.0261% of return per unit of standard deviation over the last 3 months. Our 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 Equity Trust exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. Please check out Gabelli Equity market risk adjusted performance of (0.045471), and Risk Adjusted Performance of (0.031475) to validate the risk estimate we provide.

The fund retains a Market Volatility (i.e., Beta) of 0.848, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Gabelli's beta means in this case. As returns on the market increase, Gabelli Equity returns are expected to increase less than the market. However, during the bear market, the loss on holding Gabelli Equity will be expected to be smaller as well. Even though it is essential to pay attention to Gabelli Equity Trust 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 Equity Trust exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

-0.45

Modest reverse predictability

Gabelli Equity Trust has modest reverse predictability. Overlapping area represents the amount of predictability between Gabelli Equity time series from 8th of December 2022 to 8th of March 2023 and 8th of March 2023 to 6th of June 2023. 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 Equity Trust price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Gabelli Equity price fluctuation can be explain by its past prices.

	Correlation Coefficient	-0.45
	Spearman Rank Test	-0.19
	Residual Average	0.0
	Price Variance	0.01

Gabelli Equity Trust lagged returns against current returns

Autocorrelation, which is Gabelli Equity 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 Equity's fund expected returns. We can calculate the autocorrelation of Gabelli Equity returns to help us make a trade decision. For example, suppose you find that Gabelli Equity 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

Timeline

Gabelli Equity 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 Equity fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gabelli Equity fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gabelli Equity fund over time.

Current vs Lagged Prices

Timeline

Gabelli Equity Lagged Returns

When evaluating Gabelli Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gabelli Equity fund have on its future price. Gabelli Equity 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 Equity autocorrelation shows the relationship between Gabelli Equity fund current value and its past values and can show if there is a momentum factor associated with investing in Gabelli Equity Trust.

Regressed Prices

Timeline

Be your own money manager

Our 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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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Gabelli Equity Trust using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Check out Gabelli Equity Correlation, Gabelli Equity Volatility and Gabelli Equity Alpha and Beta module to complement your research on Gabelli Equity. 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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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.

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Gabelli Equity technical 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.

Volatility Indicators

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Value Movement

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A focus of Gabelli Equity technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Gabelli Equity 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...

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Gabelli Fund Market Value

Gabelli Equity 'What if' Analysis

Gabelli Equity Upside/Downside Indicators

Gabelli Equity Market Risk Indicators

Gabelli Equity Trust Backtested Returns

Auto-correlation

Modest reverse predictability

Gabelli Equity Trust lagged returns against current returns

Gabelli Equity regressed lagged prices vs. current prices

Gabelli Equity Lagged Returns

Be your own money manager

Did you try this?

Run Money Managers Now

Money Managers

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Gabelli Fund analysis

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