Gamco International Correlations

GIGRX Fund

USD 22.90 0.23 1.01%

The current 90-days correlation between Gamco International and Europacific Growth Fund is 0.91 (i.e., Almost no diversification). The correlation of Gamco International 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gamco International Growth. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving together with Gamco Mutual Fund

1.0	GCIGX	Gamco International	Pair Corr
0.87	GGLCX	Gamco Global Opportunity	Pair Corr
0.96	GIIGX	Gamco International	Pair Corr
0.87	GLOIX	Gamco Global Opportunity	Pair Corr

Moving against Gamco Mutual Fund

0.73	GCFSX	Gabelli Global Financial	Pair Corr
0.73	GFSIX	Gabelli Global Financial	Pair Corr
0.66	GGCAX	Gabelli Growth	Pair Corr
0.6	EMAYX	Enterprise Mergers And	Pair Corr
0.58	EMACX	Enterprise Mergers And	Pair Corr
0.58	MLGLX	Gabelli Media Mogul	Pair Corr
0.57	EMAAX	Enterprise Mergers And	Pair Corr
0.45	GCIEX	Gabelli Equity	Pair Corr
0.42	GVCIX	Gabelli Val	Pair Corr
0.42	GEICX	Gabelli Equity Income	Pair Corr
0.41	GVCAX	Gabelli Value	Pair Corr
0.39	GVCCX	Gabelli Value	Pair Corr
0.39	GWSIX	Gabelli Focus	Pair Corr
0.37	GWSAX	Gabelli Focus	Pair Corr
0.35	GWSCX	Gabelli Focus	Pair Corr
0.31	GWSVX	Gabelli Focus	Pair Corr
0.73	GGFSX	Gabelli Global Financial	Pair Corr
0.72	GGMMX	Gabelli Global Mini	Pair Corr
0.72	GMNAX	Gabelli Global Mini	Pair Corr
0.66	GGCCX	Gabelli Growth	Pair Corr
0.66	GGCIX	Gabelli Growth	Pair Corr
0.59	EAAAX	Enterprise Mergers And	Pair Corr
0.58	MOGLX	Gabelli Media Mogul	Pair Corr
0.53	GICPX	Gamco Global Growth	Pair Corr
0.52	GGGCX	Gamco Global Growth	Pair Corr
0.47	GGGAX	Gamco Global Growth	Pair Corr
0.47	GGGIX	Gamco Global Growth	Pair Corr
0.72	GMNCX	Gabelli Global Mini	Pair Corr
0.71	GABCX	Gabelli Abc	Pair Corr

Related Correlations Analysis

	RERFX	AEPFX	CEUCX	RERCX	RERGX	CEUFX	CEUEX	RERAX
RERFX		0.89	0.89	0.89	0.89	0.89	1.0	0.89	RERFX
AEPFX	0.89		1.0	1.0	1.0	1.0	0.9	1.0	AEPFX
CEUCX	0.89	1.0		1.0	1.0	1.0	0.9	1.0	CEUCX
RERCX	0.89	1.0	1.0		1.0	1.0	0.9	1.0	RERCX
RERGX	0.89	1.0	1.0	1.0		1.0	0.89	1.0	RERGX
CEUFX	0.89	1.0	1.0	1.0	1.0		0.89	1.0	CEUFX
CEUEX	1.0	0.9	0.9	0.9	0.89	0.89		0.9	CEUEX
RERAX	0.89	1.0	1.0	1.0	1.0	1.0	0.9		RERAX
	RERFX	AEPFX	CEUCX	RERCX	RERGX	CEUFX	CEUEX	RERAX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Gamco Mutual Fund performing well and Gamco International Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Gamco International's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
RERFX	0.60	(0.05)	9.73	1.12	(1.47)	4.01
AEPFX	0.61	(0.12)	(0.11)	1.10	(1.47)	4.00
CEUCX	0.60	(0.12)	(0.11)	1.11	(1.48)	4.03
RERCX	0.61	(0.12)	(0.11)	1.12	(1.48)	4.02
RERGX	0.61	(0.12)	(0.11)	1.11	(1.48)	4.02
CEUFX	0.61	(0.12)	(0.11)	1.12	(1.48)	4.05
CEUEX	0.60	(0.05)	22.82	1.10	(1.48)	4.02
RERAX	0.61	(0.12)	(0.11)	1.10	(1.48)	4.01

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Gamco International Correlations

Moving together with Gamco Mutual Fund

Moving against Gamco Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY