Gabelli Equity Trust Fund Price on March 15, 2024
| GAB Fund | USD 5.75 0.06 1.05% |
Below is the normalized historical share price chart for Gabelli Equity Trust extending back to August 14, 1986. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Gabelli Equity stands at 5.75, as last reported on the 26th of November, with the highest price reaching 5.78 and the lowest price hitting 5.72 during the day.
If you're considering investing in Gabelli Fund, it is important to understand the factors that can impact its price. At this point, Gabelli Equity is not too volatile. Gabelli Equity Trust holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Gabelli Equity Trust, which you can use to evaluate the volatility of the entity. Please check out Gabelli Equity's risk adjusted performance of 0.1136, and Market Risk Adjusted Performance of 0.1505 to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
Gabelli Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Gabelli |
Sharpe Ratio = 0.1307
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | GAB | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.83 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Gabelli Equity is performing at about 10% 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.
Market Capitalization 1.6 B |
Gabelli Equity Valuation on March 15, 2024
It is possible to determine the worth of Gabelli Equity on a given historical date. On March 15, 2024 Gabelli was worth 5.11 at the beginning of the trading date compared to the closed value of 5.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gabelli Equity fund. Still, in general, we apply an absolute valuation method to find Gabelli Equity's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Gabelli Equity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gabelli Equity's related companies.
| Open | High | Low | Close | Volume | |
| 5.14 | 5.15 | 5.09 | 5.12 | 502,279 | |
03/15/2024 | 5.11 | 5.12 | 5.09 | 5.12 | 288,421 |
| 5.16 | 5.16 | 5.11 | 5.13 | 693,545 |
| Backtest Gabelli Equity | | | Gabelli Equity History | | | Gabelli Equity Valuation | Previous | Next |
Gabelli Equity Trading Date Momentum on March 15, 2024
| On March 18 2024 Gabelli Equity Trust was traded for 5.13 at the closing time. Highest Gabelli Equity's price during the trading hours was 5.16 and the lowest price during the day was 5.11 . The net volume was 693.5 K. The overall trading history on the 18th of March 2024 contributed to the next trading period price jump. The overall trading delta to the next next day price was 0.20% . The overall trading delta to current price is 2.15% . |
Gabelli Equity Trust Fundamentals Correlations and Trends
By evaluating Gabelli Equity's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Gabelli Equity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gabelli financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gabelli Equity Fund history
Gabelli Equity investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Gabelli is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gabelli Equity Trust will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Gabelli Equity stock prices may prove useful in developing a viable investing in Gabelli Equity
The Gabelli Equity Trust Inc. is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in preferred stock, convertible or exchangeable securities, and warrants and rights. The fund primarily invests in value stocks of companies across market capitalizations. It employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. The fund seeks to benchmarks the performance of its portfolio against the SP 500 Index, Dow Jones Industrial Average, and Nasdaq Composite Index. The Gabelli Equity Trust Inc. was formed on August 21, 1986 and is domiciled in the United States.
Gabelli Equity Fund Technical Analysis
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.
Price Boundaries
Gabelli Equity Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Gabelli Equity Trust cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Gabelli Equity November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Gabelli Equity fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gabelli Equity shares will generate the highest return on investment. By undertsting and applying Gabelli Equity fund market strength indicators, traders can identify Gabelli Equity Trust entry and exit signals to maximize returns
Gabelli Equity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gabelli Equity's price direction in advance. Along with the technical and fundamental analysis of Gabelli Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gabelli to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1136 | |||
| Jensen Alpha | 0.0158 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1405 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Gabelli Fund
Gabelli Equity financial ratios help investors to determine whether Gabelli Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gabelli with respect to the benefits of owning Gabelli Equity security.
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Global Correlations Find global opportunities by holding instruments from different markets |