Gabelli Etfs Trust Etf Performance
The etf retains a Market Volatility (i.e., Beta) of 1.17, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Gabelli ETFs will likely underperform.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Gabelli ETFs Trust are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, Gabelli ETFs is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
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Gabelli ETFs Relative Risk vs. Return Landscape
If you would invest 2,422 in Gabelli ETFs Trust on January 21, 2024 and sell it today you would earn a total of 74.00 from holding Gabelli ETFs Trust or generate 3.06% return on investment over 90 days. Gabelli ETFs Trust is currently generating 0.0515% in daily expected returns and assumes 0.8724% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than Gabelli, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Gabelli ETFs Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gabelli ETFs' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Gabelli ETFs Trust, and traders can use it to determine the average amount a Gabelli ETFs' 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 = 0.0591
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Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Gabelli ETFs 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 ETFs by adding it to a well-diversified portfolio.
Gabelli ETFs Fundamentals Growth
Gabelli Etf prices reflect investors' perceptions of the future prospects and financial health of Gabelli ETFs, and Gabelli ETFs fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Gabelli Etf performance.
| Total Asset | 4.03 M | |||
About Gabelli ETFs Performance
To evaluate Gabelli ETFs Trust Etf 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 ETFs 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 Etf'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 ETFs 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 fund will primarily invest in U.S. exchange-listed common stock and preferred stock. Gabelli ETFS is traded on NYSEARCA Exchange in the United States.| The fund retains all of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gabelli ETFs Trust. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of Gabelli ETFs Trust is measured differently than its book value, which is the value of Gabelli that is recorded on the company's balance sheet. Investors also form their own opinion of Gabelli ETFs' value that differs from its market value or its book value, called intrinsic value, which is Gabelli ETFs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gabelli ETFs' market value can be influenced by many factors that don't directly affect Gabelli ETFs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gabelli ETFs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gabelli ETFs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gabelli ETFs' 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.