Gabelli Fund Manager Performance Evaluation

GAB Fund  USD 5.81  0.04  0.69%   
The fund retains a Market Volatility (i.e., Beta) of 0.9567, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Gabelli's beta means in this case. Gabelli Equity returns are very sensitive to returns on the market. As the market goes up or down, Gabelli Equity is expected to follow. Although it is important to respect Gabelli Equity Trust current price history, it is better to be realistic regarding the information on the equity's current price movements. The philosophy in determining future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Gabelli Equity Trust technical indicators, you can presently evaluate if the expected return of 0.18% will be sustainable into the future.
  
Gabelli Performance
9 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Gabelli Equity Trust are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. Despite somewhat weak basic indicators, Gabelli Equity may actually be approaching a critical reversion point that can send shares even higher in February 2023.
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Gabelli Price Channel

Quick Ratio1.96
Fifty Two Week Low4.84
Fifty Two Week High7.41
Trailing Annual Dividend Yield10.15%

Gabelli Equity Relative Risk vs. Return Landscape

If you would invest  525.00  in Gabelli Equity Trust on October 29, 2022 and sell it today you would earn a total of  56.00  from holding Gabelli Equity Trust or generate 10.67% return on investment over 90 days. Gabelli Equity Trust is generating 0.1794% of daily returns assuming volatility of 1.4544% on return distribution over 90 days investment horizon. In other words, 12% of funds are less volatile than Gabelli, and above 97% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon Gabelli Equity is expected to generate 1.28 times more return on investment than the market. However, the company is 1.28 times more volatile than its market benchmark. It trades about 0.12 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.12 per unit of risk.

Gabelli Equity Current Valuation

Fairly Valued
Today 5.81
Please note that Gabelli Equity's price fluctuation is not too volatile at this time.
Gabelli Equity Trust retains a regular Real Value of $5.82 per share. The prevalent price of the fund is $5.81. At this time, the entity appears to be fairly valued. We determine the value of Gabelli Equity Trust from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage taking in undervalued funds and trading overvalued funds since, at some point, fund prices and their ongoing real values will come together.
Our valuation method for Gabelli Equity Trust is useful when determining the fair value of the Gabelli fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Gabelli Equity. Since Gabelli Equity is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Gabelli Fund. However, Gabelli Equity's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
5.82
Real Value
7.26
Upside
Estimating the potential upside or downside of Gabelli Equity Trust helps investors to forecast how Gabelli fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Gabelli Equity more accurately as focusing exclusively on Gabelli Equity's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5.535.675.82
Details
Hype
Prediction
LowEstimated ValueHigh
4.385.827.26
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
0.410.460.51
Details

Gabelli Equity Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Gabelli Equity's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Gabelli Equity Trust, and traders can use it to determine the average amount a Gabelli Equity's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1234

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Estimated Market Risk
 1.45
  actual daily
 
 12 %
of total potential
 
1212
Expected Return
 0.18
  actual daily
 
 3 %
of total potential
 
33
Risk-Adjusted Return
 0.12
  actual daily
 
 9 %
of total potential
 
99
Based on monthly moving average Gabelli Equity is performing at about 9% 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 Equity by adding it to a well-diversified portfolio.

About Gabelli Equity Performance

To evaluate Gabelli Equity Trust Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Gabelli Equity generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Gabelli Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Gabelli Equity Trust market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Gabelli's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The Gabelli Equity Trust Inc. is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The Gabelli Equity Trust Inc. was formed on August 21, 1986 and is domiciled in the United States. Gabelli Equity operates under Asset Management classification in the United States and is traded on New York Stock Exchange.

Things to note about Gabelli Equity Trust

Checking the ongoing alerts about Gabelli Equity for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Gabelli Equity Trust help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Please check Risk vs Return Analysis. 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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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When running Gabelli Equity Trust 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 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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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 Gabelli Equity value 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.