The Gabelli Multimedia Preferred Stock Market Value
| GGT-PG Preferred Stock | USD 23.40 0.02 0.09% |
| Symbol | Gabelli |
Gabelli Multimedia 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Gabelli Multimedia's preferred stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Gabelli Multimedia.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Gabelli Multimedia on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding The Gabelli Multimedia or generate 0.0% return on investment in Gabelli Multimedia over 180 days. Gabelli Multimedia is related to or competes with Gabelli Equity, Gabelli Multimedia, Gabelli Utility, GAMCO Natural, and Gabelli Dividend. The Gabelli Multimedia Trust Inc. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc More
Gabelli Multimedia Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Gabelli Multimedia's preferred stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess The Gabelli Multimedia upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9229 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 3.86 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 1.41 |
Gabelli Multimedia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gabelli Multimedia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gabelli Multimedia's standard deviation. In reality, there are many statistical measures that can use Gabelli Multimedia historical prices to predict the future Gabelli Multimedia's volatility.| Risk Adjusted Performance | 0.0712 | |||
| Jensen Alpha | 0.0445 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.4437 |
The Gabelli Multimedia Backtested Returns
At this point, Gabelli Multimedia is very steady. The Gabelli Multimedia holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight 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 0.0712, market risk adjusted performance of 0.4537, and Downside Deviation of 0.9229 to validate if the risk estimate we provide is consistent with the expected return of 0.0771%. Gabelli Multimedia has a performance score of 8 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gabelli Multimedia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gabelli Multimedia is expected to be smaller as well. The Gabelli Multimedia right now retains a risk of 0.72%. Please check out Gabelli Multimedia coefficient of variation, maximum drawdown, skewness, as well as the relationship between the total risk alpha and downside variance , to decide if Gabelli Multimedia will be following its current trending patterns.
Auto-correlation | 0.55 |
Modest predictability
The Gabelli Multimedia has modest predictability. Overlapping area represents the amount of predictability between Gabelli Multimedia time series from 27th of May 2024 to 25th of August 2024 and 25th of August 2024 to 23rd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of The Gabelli Multimedia price movement. The serial correlation of 0.55 indicates that about 55.0% of current Gabelli Multimedia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
The Gabelli Multimedia lagged returns against current returns
Autocorrelation, which is Gabelli Multimedia preferred stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Gabelli Multimedia's preferred stock expected returns. We can calculate the autocorrelation of Gabelli Multimedia returns to help us make a trade decision. For example, suppose you find that Gabelli Multimedia has exhibited high autocorrelation historically, and you observe that the preferred stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Gabelli Multimedia regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Gabelli Multimedia preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gabelli Multimedia preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gabelli Multimedia preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Gabelli Multimedia Lagged Returns
When evaluating Gabelli Multimedia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gabelli Multimedia preferred stock have on its future price. Gabelli Multimedia autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Gabelli Multimedia autocorrelation shows the relationship between Gabelli Multimedia preferred stock current value and its past values and can show if there is a momentum factor associated with investing in The Gabelli Multimedia.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Gabelli Preferred Stock
Gabelli Multimedia financial ratios help investors to determine whether Gabelli Preferred Stock 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 Multimedia security.