The Gabelli Value Fund Market Value
| GVCAX Fund | USD 11.17 0.01 0.09% |
| Symbol | Gabelli |
Gabelli Value '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 Value's mutual fund 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 Value.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Gabelli Value on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding The Gabelli Value or generate 0.0% return on investment in Gabelli Value over 30 days. Gabelli Value is related to or competes with Pace High, Artisan High, Dunham High, Gmo High, Prudential High, Lord Abbett, and Pimco High. The fund invests primarily in equity securities of companies that the Adviser believes are undervalued and have the pote... More
Gabelli Value 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 Value's mutual fund 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 Value upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7157 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 3.73 | |||
| Value At Risk | (1.12) | |||
| Potential Upside | 1.24 |
Gabelli Value Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gabelli Value's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gabelli Value's standard deviation. In reality, there are many statistical measures that can use Gabelli Value historical prices to predict the future Gabelli Value's volatility.| Risk Adjusted Performance | 0.0861 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0886 |
Gabelli Value Backtested Returns
At this stage we consider Gabelli Mutual Fund to be very steady. Gabelli Value holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Gabelli Value, which you can use to evaluate the volatility of the entity. Please check out Gabelli Value's Downside Deviation of 0.7157, risk adjusted performance of 0.0861, and Market Risk Adjusted Performance of 0.0986 to validate if the risk estimate we provide is consistent with the expected return of 0.0908%. The fund retains a Market Volatility (i.e., Beta) of 0.86, which attests to possible diversification benefits within a given portfolio. Gabelli Value returns are very sensitive to returns on the market. As the market goes up or down, Gabelli Value is expected to follow.
Auto-correlation | 0.93 |
Excellent predictability
The Gabelli Value has excellent predictability. Overlapping area represents the amount of predictability between Gabelli Value time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Value price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Gabelli Value price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Gabelli Value lagged returns against current returns
Autocorrelation, which is Gabelli Value mutual fund'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 Value's mutual fund expected returns. We can calculate the autocorrelation of Gabelli Value returns to help us make a trade decision. For example, suppose you find that Gabelli Value has exhibited high autocorrelation historically, and you observe that the mutual fund 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 Value 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 Value mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gabelli Value mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gabelli Value mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Gabelli Value Lagged Returns
When evaluating Gabelli Value's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gabelli Value mutual fund have on its future price. Gabelli Value 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 Value autocorrelation shows the relationship between Gabelli Value mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Gabelli Value.
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 Mutual Fund
Gabelli Value 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 Value security.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |