Gamco Global Fund Price Prediction
| GGN Fund | USD 5.53 0.11 2.03% |
Momentum 56
Buy Extended
Oversold | Overbought |
Using Gamco Global hype-based prediction, you can estimate the value of Gamco Global from the perspective of Gamco Global response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Gamco Global to buy its fund at a price that has no basis in reality. In that case, they are not buying Gamco because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell funds at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Gamco Global after-hype prediction price | USD 5.52 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Gamco |
Gamco Global After-Hype Price Prediction Density Analysis
As far as predicting the price of Gamco Global at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Gamco Global or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Fund prices, such as prices of Gamco Global, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Gamco Global Estimiated After-Hype Price Volatility
In the context of predicting Gamco Global's fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Gamco Global's historical news coverage. Gamco Global's after-hype downside and upside margins for the prediction period are 4.35 and 6.69, respectively. We have considered Gamco Global's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Gamco Global is not too volatile at this time. Analysis and calculation of next after-hype price of Gamco Global is based on 3 months time horizon.
Gamco Global Fund Price Prediction Analysis
Have you ever been surprised when a price of a Fund such as Gamco Global is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Gamco Global backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Fund price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Gamco Global, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.28 | 1.17 | 0.01 | 0.07 | 2 Events / Month | 4 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
5.53 | 5.52 | 0.18 |
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Gamco Global Hype Timeline
On the 25th of January Gamco Global is traded for 5.53. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of -0.07. Gamco is forecasted to decline in value after the next headline, with the price expected to drop to 5.52. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next news is expected to be -0.18%, whereas the daily expected return is currently at 0.28%. The volatility of related hype on Gamco Global is about 477.55%, with the expected price after the next announcement by competition of 5.46. The company has price-to-book (P/B) ratio of 0.87. Some equities with similar Price to Book (P/B) outperform the market in the long run. Gamco Global last dividend was issued on the 14th of November 2022. Considering the 90-day investment horizon the next forecasted press release will be in a few days. Check out Gamco Global Basic Forecasting Models to cross-verify your projections.Gamco Global Related Hype Analysis
Having access to credible news sources related to Gamco Global's direct competition is more important than ever and may enhance your ability to predict Gamco Global's future price movements. Getting to know how Gamco Global's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Gamco Global may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| RA | Brookfield Real Assets | (0.04) | 3 per month | 0.34 | (0.12) | 0.55 | (0.55) | 2.02 | |
| EMO | Clearbridge Energy Mlp | (0.03) | 9 per month | 0.52 | 0.14 | 1.92 | (1.13) | 3.97 | |
| BCX | Blackrock Resources Commodities | 0.06 | 2 per month | 0.45 | 0.31 | 1.98 | (1.31) | 4.90 | |
| GGT | Gabelli MultiMedia Mutual | 0.02 | 7 per month | 0.82 | 0.07 | 1.71 | (1.94) | 5.19 | |
| PFN | Pimco Income Strategy | 0.03 | 2 per month | 0.41 | (0.02) | 0.97 | (0.82) | 3.15 | |
| GOLDX | Gabelli Gold Fund | (2.28) | 3 per month | 1.98 | 0.19 | 4.66 | (3.83) | 9.90 | |
| GLDIX | Gabelli Gold Fund | (0.25) | 1 per month | 1.95 | 0.19 | 4.63 | (3.83) | 9.89 | |
| FFC | Flaherty Crumrine Preferred | (0.04) | 3 per month | 0.34 | (0.11) | 0.79 | (0.73) | 2.00 | |
| EKWDX | Wells Fargo Advantage | 0.00 | 13 per month | 0.48 | 0.26 | 2.77 | (1.31) | 7.30 | |
| BAQAX | Brown Advisory | 0.08 | 2 per month | 0.33 | 0.11 | 1.39 | (0.89) | 2.94 |
Gamco Global Additional Predictive Modules
Most predictive techniques to examine Gamco price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Gamco using various technical indicators. When you analyze Gamco charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Gamco Global Predictive Indicators
The successful prediction of Gamco Global stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Gamco Global, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Gamco Global based on analysis of Gamco Global hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Gamco Global's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Gamco Global's related companies.
Pair Trading with Gamco Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gamco Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gamco Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Gamco Fund
| 0.81 | PEO | Adams Natural Resources | PairCorr |
| 0.81 | CRF | Cornerstone Total Return | PairCorr |
| 0.89 | CLM | Cornerstone Strategic Sell-off Trend | PairCorr |
Moving against Gamco Fund
The ability to find closely correlated positions to Gamco Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gamco Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gamco Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gamco Global to buy it.
The correlation of Gamco Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gamco Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gamco Global moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gamco Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Gamco Fund
Gamco Global financial ratios help investors to determine whether Gamco 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 Gamco with respect to the benefits of owning Gamco Global security.
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