Gabelli Etfs Trust Etf Net Asset
| GGRW Etf | USD 30.42 0.32 1.06% |
Gabelli ETFs Trust fundamentals help investors to digest information that contributes to Gabelli ETFs' financial success or failures. It also enables traders to predict the movement of Gabelli Etf. The fundamental analysis module provides a way to measure Gabelli ETFs' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Gabelli ETFs etf.
Gabelli |
Gabelli ETFs Trust ETF Net Asset Analysis
Gabelli ETFs' Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Gabelli ETFs Net Asset | 2.19 M |
Most of Gabelli ETFs' fundamental indicators, such as Net Asset, 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.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Gabelli ETFs Trust has a Net Asset of 2.19 M. This is much higher than that of the Gabelli family and significantly higher than that of the Technology category. The net asset for all United States etfs is notably lower than that of the firm.
Gabelli Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Gabelli ETFs' direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Gabelli ETFs could also be used in its relative valuation, which is a method of valuing Gabelli ETFs by comparing valuation metrics of similar companies.Gabelli ETFs is currently under evaluation in net asset as compared to similar ETFs.
Fund Asset Allocation for Gabelli ETFs
The fund invests 100.0% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides Gabelli ETFs' investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Gabelli Fundamentals
| Beta | 1.24 | |||
| Total Asset | 2.19 M | |||
| One Year Return | 49.50 % | |||
| Three Year Return | 3.70 % | |||
| Net Asset | 2.19 M | |||
| Equity Positions Weight | 100.00 % |
About Gabelli ETFs Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Gabelli ETFs Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gabelli ETFs using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gabelli ETFs Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 Gabelli ETFs Piotroski F Score and Gabelli ETFs Altman Z Score analysis. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
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.