Gabelli Etfs Trust Etf Performance
| GGRW Etf | USD 30.42 0.24 0.80% |
The etf retains a Market Volatility (i.e., Beta) of 0.9, which attests to possible diversification benefits within a given portfolio. Gabelli ETFs returns are very sensitive to returns on the market. As the market goes up or down, Gabelli ETFs is expected to follow.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Gabelli ETFs Trust are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of fairly conflicting basic indicators, Gabelli ETFs may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| In Threey Sharp Ratio | -0.02 |
Gabelli |
Gabelli ETFs Relative Risk vs. Return Landscape
If you would invest 2,691 in Gabelli ETFs Trust on September 1, 2024 and sell it today you would earn a total of 351.00 from holding Gabelli ETFs Trust or generate 13.04% return on investment over 90 days. Gabelli ETFs Trust is currently generating 0.1961% in daily expected returns and assumes 0.9444% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than Gabelli, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Gabelli ETFs Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gabelli ETFs' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Gabelli ETFs Trust, and traders can use it to determine the average amount a Gabelli ETFs' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2077
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Gabelli ETFs is performing at about 16% 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 ETFs by adding it to a well-diversified portfolio.
Gabelli ETFs Fundamentals Growth
Gabelli Etf prices reflect investors' perceptions of the future prospects and financial health of Gabelli ETFs, and Gabelli ETFs fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Gabelli Etf performance.
| Total Asset | 2.19 M | |||
About Gabelli ETFs Performance
Evaluating Gabelli ETFs' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Gabelli ETFs has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Gabelli ETFs has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to 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.| The fund retains all of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gabelli ETFs Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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.