The Gabelli Utility Preferred Stock Market Value
| GUT-PC Preferred Stock | USD 24.63 0.06 0.24% |
| Symbol | Gabelli |
Gabelli Utility '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 Utility'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 Utility.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Gabelli Utility on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding The Gabelli Utility or generate 0.0% return on investment in Gabelli Utility over 60 days. Gabelli Utility is related to or competes with Gabelli Multimedia, Gabelli Multimedia, Gabelli Dividend, and Gabelli Equity. The Gabelli Utility Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc More
Gabelli Utility 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 Utility'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 Utility upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6779 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 2.93 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 1.3 |
Gabelli Utility Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gabelli Utility's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gabelli Utility's standard deviation. In reality, there are many statistical measures that can use Gabelli Utility historical prices to predict the future Gabelli Utility's volatility.| Risk Adjusted Performance | 0.0469 | |||
| Jensen Alpha | 0.0079 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.155 |
Gabelli Utility Backtested Returns
At this point, Gabelli Utility is very steady. Gabelli Utility holds Efficiency (Sharpe) Ratio of 0.0376, which attests that the entity had a 0.0376% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Gabelli Utility, which you can use to evaluate the volatility of the firm. Please check out Gabelli Utility's Market Risk Adjusted Performance of 0.165, risk adjusted performance of 0.0469, and Downside Deviation of 0.6779 to validate if the risk estimate we provide is consistent with the expected return of 0.026%. Gabelli Utility has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gabelli Utility's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gabelli Utility is expected to be smaller as well. Gabelli Utility right now retains a risk of 0.69%. Please check out Gabelli Utility maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if Gabelli Utility will be following its current trending patterns.
Auto-correlation | -0.31 |
Poor reverse predictability
The Gabelli Utility has poor reverse predictability. Overlapping area represents the amount of predictability between Gabelli Utility time series from 27th of September 2024 to 27th of October 2024 and 27th of October 2024 to 26th 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 Gabelli Utility price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Gabelli Utility price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Gabelli Utility lagged returns against current returns
Autocorrelation, which is Gabelli Utility 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 Utility's preferred stock expected returns. We can calculate the autocorrelation of Gabelli Utility returns to help us make a trade decision. For example, suppose you find that Gabelli Utility 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 Utility 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 Utility preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gabelli Utility 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 Utility preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Gabelli Utility Lagged Returns
When evaluating Gabelli Utility's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gabelli Utility preferred stock have on its future price. Gabelli Utility 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 Utility autocorrelation shows the relationship between Gabelli Utility preferred stock current value and its past values and can show if there is a momentum factor associated with investing in The Gabelli Utility.
Regressed Prices |
| Timeline |
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.Other Information on Investing in Gabelli Preferred Stock
Gabelli Utility 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 Utility security.