Gamco Global Telecommunications Fund Price on October 29, 2024
| GABTX Fund | USD 23.49 0.07 0.30% |
Below is the normalized historical share price chart for Gamco Global Telecommunications extending back to November 04, 1993. 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 Gamco Global stands at 23.49, as last reported on the 1st of December, with the highest price reaching 23.49 and the lowest price hitting 23.49 during the day.
If you're considering investing in GAMCO Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider GAMCO Mutual Fund to be very steady. Gamco Global Telecom holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Gamco Global Telecom, which you can use to evaluate the volatility of the entity. Please check out Gamco Global's Risk Adjusted Performance of 0.1346, market risk adjusted performance of 0.2446, and Downside Deviation of 0.622 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
GAMCO Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
GAMCO |
Sharpe Ratio = 0.1918
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | GABTX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Gamco Global is performing at about 15% 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 Gamco Global by adding it to a well-diversified portfolio.
Gamco Global Valuation on October 29, 2024
It is possible to determine the worth of Gamco Global on a given historical date. On October 29, 2024 GAMCO was worth 23.11 at the beginning of the trading date compared to the closed value of 23.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gamco Global mutual fund. Still, in general, we apply an absolute valuation method to find Gamco Global'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 Gamco Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gamco Global's related companies.
| Open | High | Low | Close | Volume | |
| 23.08 | 23.08 | 23.08 | 23.08 | 1.00 | |
10/29/2024 | 23.11 | 23.11 | 23.11 | 23.11 | 1.00 |
| 23.15 | 23.15 | 23.15 | 23.15 | 1.00 |
| Backtest Gamco Global | | | Gamco Global History | | | Gamco Global Valuation | Previous | Next |
Gamco Global Trading Date Momentum on October 29, 2024
| On October 30 2024 Gamco Global Telecommunications was traded for 23.15 at the closing time. The highest daily price throughout the period was 23.15 and the lowest price was 23.15 . There was no trading activity during the period 1.0. Lack of trading volume on 10/30/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.17% . The overall trading delta to current closing price is 0.87% . |
Gamco Global Telecom Fundamentals Correlations and Trends
By evaluating Gamco Global'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 Gamco Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GAMCO financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gamco Global Mutual Fund history
Gamco Global 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 GAMCO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gamco Global Telecom 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 Gamco Global stock prices may prove useful in developing a viable investing in Gamco Global
The fund will invest its net assets in common stocks of companies in the telecommunications, media, and information technology industries that the adviser believes are likely to have rapid growth in revenues and earnings and potential for above average capital appreciation or are undervalued. It invests in securities of issuers, or related investments thereof, located in at least three countries, and at least 40 percent of the funds total net assets is invested in securities of non-U.S. issuers or related investments thereof. The fund is non-diversified.
Gamco Global Mutual Fund Technical Analysis
Gamco Global technical mutual 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
Gamco Global Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Gamco Global Telecommunications cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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.
Gamco Global December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Gamco Global mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gamco Global shares will generate the highest return on investment. By undertsting and applying Gamco Global mutual fund market strength indicators, traders can identify Gamco Global Telecommunications entry and exit signals to maximize returns
Gamco Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gamco Global's price direction in advance. Along with the technical and fundamental analysis of GAMCO Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of GAMCO 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 | 0.1346 | |||
| Jensen Alpha | 0.048 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.2346 |
| 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 GAMCO Mutual Fund
Gamco Global financial ratios help investors to determine whether GAMCO Mutual 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 GAMCO with respect to the benefits of owning Gamco Global security.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |