Gabelli ETFs Financial Statements From 2010 to 2024
| GGRW Etf | USD 30.18 0.24 0.79% |
Check Gabelli ETFs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gabelli ETFs' main balance sheet or income statement drivers, such as , as well as many indicators such as . Gabelli financial statements analysis is a perfect complement when working with Gabelli ETFs Valuation or Volatility modules.
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Gabelli ETFs Trust ETF Beta Analysis
Gabelli ETFs' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Gabelli ETFs Beta | 1.24 |
Most of Gabelli ETFs' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Gabelli ETFs Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Gabelli ETFs Trust has a Beta of 1.24. This is much higher than that of the Gabelli family and significantly higher than that of the Technology category. The beta for all United States etfs is notably lower than that of the firm.
About Gabelli ETFs Financial Statements
Gabelli ETFs investors use historical fundamental indicators, such as Gabelli ETFs' revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Gabelli ETFs. Please read more on our technical analysis and fundamental analysis pages.
The fund will primarily invest in common stocks of companies that are relevant to its investment theme of innovation. Gabelli Growth is traded on NYSEARCA Exchange in the United States.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Gabelli ETFs Trust is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Gabelli Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Gabelli Etfs Trust Etf. Highlighted below are key reports to facilitate an investment decision about Gabelli Etfs Trust Etf:Check out the analysis of Gabelli ETFs Correlation against competitors. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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.