The Gabelli Multimedia Preferred Stock Price on October 7, 2024

GGT-PG Preferred Stock  USD 23.35  0.05  0.21%   
If you're considering investing in Gabelli Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gabelli Multimedia stands at 23.35, as last reported on the 27th of November, with the highest price reaching 23.53 and the lowest price hitting 23.35 during the day. At this point, Gabelli Multimedia is very steady. The Gabelli Multimedia holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for The Gabelli Multimedia, which you can use to evaluate the volatility of the firm. Please check out Gabelli Multimedia's Risk Adjusted Performance of 0.0805, downside deviation of 0.9699, and Market Risk Adjusted Performance of 5.08 to validate if the risk estimate we provide is consistent with the expected return of 0.0728%.
  
Gabelli Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1001

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Estimated Market Risk

 0.73
  actual daily
6
94% of assets are more volatile

Expected Return

 0.07
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average Gabelli Multimedia is performing at about 7% 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 Multimedia by adding it to a well-diversified portfolio.

Gabelli Multimedia Valuation on October 7, 2024

It is possible to determine the worth of Gabelli Multimedia on a given historical date. On October 7, 2024 Gabelli was worth 23.86 at the beginning of the trading date compared to the closed value of 23.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gabelli Multimedia preferred stock. Still, in general, we apply an absolute valuation method to find Gabelli Multimedia'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 Multimedia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gabelli Multimedia's related companies.
 Open High Low Close Volume
  23.77    23.77    23.77    23.77    1.00  
10/07/2024
  23.86    23.86    23.85    23.85    547.00  
  23.99    24.01    23.93    24.01    497.00  
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Open Value
23.86
23.85
Closing Value
26.04
Upside

Gabelli Multimedia Trading Date Momentum on October 7, 2024

On October 08 2024 The Gabelli Multimedia was traded for  24.01  at the closing time. The maximum traded price for the trading interval was 24.01  and the lowest daily price was  23.93 . The daily volume was recorded at 497. The volume of trading on 8th of October 2024 played a part in the next trading day price rise. The overall trading delta to the next closing price was 0.67% . The trading price change to the closing price today is 0.00% .

The Gabelli Multimedia Fundamentals Correlations and Trends

By evaluating Gabelli Multimedia'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 Multimedia'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 Multimedia Preferred Stock history

Gabelli Multimedia 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 The Gabelli Multimedia 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 Multimedia stock prices may prove useful in developing a viable investing in Gabelli Multimedia
The Gabelli Multimedia Trust Inc. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. The Gabelli Multimedia Trust Inc. was formed on November 15, 1994 and is domiciled in the United States. Gabelli Multi operates under Asset Management classification in the United States and is traded on New York Stock Exchange.

Gabelli Multimedia Preferred Stock Technical Analysis

Gabelli Multimedia technical preferred stock 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, preferred stock market cycles, or different charting patterns.
A focus of Gabelli Multimedia technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Gabelli Multimedia trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Gabelli Multimedia Period Price Range

Low
November 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

The Gabelli Multimedia 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 Multimedia November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Gabelli Multimedia preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gabelli Multimedia shares will generate the highest return on investment. By undertsting and applying Gabelli Multimedia preferred stock market strength indicators, traders can identify The Gabelli Multimedia entry and exit signals to maximize returns

Gabelli Multimedia Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Gabelli Multimedia's price direction in advance. Along with the technical and fundamental analysis of Gabelli Preferred Stock 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.

Complementary Tools for Gabelli Preferred Stock analysis

When running Gabelli Multimedia's price analysis, check to measure Gabelli Multimedia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gabelli Multimedia is operating at the current time. Most of Gabelli Multimedia's value examination focuses on studying past and present price action to predict the probability of Gabelli Multimedia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gabelli Multimedia's price. Additionally, you may evaluate how the addition of Gabelli Multimedia to your portfolios can decrease your overall portfolio volatility.
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