PNM Resources Second Quarter 2024 Earnings Revenues Beat Expectations, EPS Lags

GAUCX Fund  USD 1.92  0.00  0.00%   
Slightly above 56% of Gabelli Utilities' investor base is looking to short. The analysis of overall sentiment of trading The Gabelli Utilities mutual fund suggests that many investors are alarmed at this time. Gabelli Utilities' investing sentiment can be driven by a variety of factors including economic data, Gabelli Utilities' earnings reports, geopolitical events, and overall market trends.
  
PNM Resources Second Quarter 2024 Results Key Financial Results Revenue US488.1m up 2.3 percent from 2Q 2023...

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Gabelli Utilities Fundamental Analysis

We analyze Gabelli Utilities' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gabelli Utilities using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gabelli Utilities based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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.

Equity Positions Weight

Equity Positions Weight Comparative Analysis

Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.

Gabelli Utilities Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Gabelli Utilities mutual fund to make a market-neutral strategy. Peer analysis of Gabelli Utilities could also be used in its relative valuation, which is a method of valuing Gabelli Utilities by comparing valuation metrics with similar companies.

Peers

Gabelli Utilities Related Equities

VGASVerde Clean   1.18   
0%
88.0%
SRSpire   0.11   
0%
8.0%
ESEversource Energy   0.15   
11.0%
0%
FEFirstEnergy   0.16   
12.0%
0%
NINiSource   0.42   
31.0%
0%
DDominion Energy   0.47   
35.0%
0%
SOSouthern   0.68   
51.0%
0%
EDConsolidated Edison   0.97   
72.0%
0%
AYAtlantica Sustainable   0.99   
74.0%
0%
HEHawaiian Electric   1.33   
100.0%
0%

Other Information on Investing in Gabelli Mutual Fund

Gabelli Utilities financial ratios help investors to determine whether Gabelli 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 Gabelli with respect to the benefits of owning Gabelli Utilities security.
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