Gdl Closed Fund Price on June 12, 2023

GDL Fund  USD 7.99  0.11  1.36%   
Below is the normalized historical share price chart for Gdl Closed Fund extending back to January 26, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Gdl Closed stands at 7.99, as last reported on the 14th of December 2024, with the highest price reaching 8.04 and the lowest price hitting 7.98 during the day.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Gdl Fund, it is important to understand the factors that can impact its price. Gdl Closed Fund holds Efficiency (Sharpe) Ratio of -0.0141, which attests that the entity had a -0.0141% return per unit of risk over the last 3 months. Gdl Closed Fund exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gdl Closed's Risk Adjusted Performance of 0.011, market risk adjusted performance of 0.0128, and Downside Deviation of 0.5247 to validate the risk estimate we provide.
  
Gdl Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0141

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Estimated Market Risk

 0.47
  actual daily
4
96% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Gdl Closed is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Gdl Closed by adding Gdl Closed to a well-diversified portfolio.
Market Capitalization
117.6 M

Gdl Closed Valuation on June 12, 2023

It is possible to determine the worth of Gdl Closed on a given historical date. On June 12, 2023 Gdl was worth 7.23 at the beginning of the trading date compared to the closed value of 7.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gdl Closed fund. Still, in general, we apply an absolute valuation method to find Gdl Closed's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Gdl Closed where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gdl Closed's related companies.
 Open High Low Close Volume
  7.21    7.26    7.21    7.22    7,103  
06/12/2023
  7.23    7.25    7.23    7.25    2,660  
  7.25    7.26    7.24    7.24    14,855  
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Open Value
7.23
7.25
Closing Value
8.65
Upside

Gdl Closed Trading Date Momentum on June 12, 2023

On June 13 2023 Gdl Closed Fund was traded for  7.24  at the closing time. Highest Gdl Closed's price during the trading hours was 7.26  and the lowest price during the day was  7.24 . The net volume was 14.9 K. The overall trading history on the 13th of June 2023 contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.14% . The overall trading delta to current price is 0.69% .

Gdl Closed Fund Fundamentals Correlations and Trends

By evaluating Gdl Closed's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Gdl Closed's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gdl financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Gdl Closed Fund history

Gdl Closed investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Gdl is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gdl Closed Fund will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Gdl Closed stock prices may prove useful in developing a viable investing in Gdl Closed
The GDL Fund is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It invests in stocks of companies operating across diversified sectors. The fund invests in securities of companies involved in publicly announced mergers, takeovers, tender offers, and leveraged buyouts. It also invests in companies undergoing corporate reorganizations involving stubs, spin-offs, and liquidations. The fund benchmarks the performance of its portfolio against Bank of America Merrill Lynch 3 Month U.S. Treasury Bill Index. It was formerly known as Gabelli Global Deal Fund. The GDL Fund was formed on October 17, 2006 and is domiciled in the United States.

Gdl Closed Fund Technical Analysis

Gdl Closed technical fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Gdl Closed technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Gdl Closed trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Gdl Closed Period Price Range

Low
December 14, 2024
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High

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Gdl Closed Fund cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Gdl Closed December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how Gdl Closed fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gdl Closed shares will generate the highest return on investment. By undertsting and applying Gdl Closed fund market strength indicators, traders can identify Gdl Closed Fund entry and exit signals to maximize returns

Gdl Closed Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Gdl Closed's price direction in advance. Along with the technical and fundamental analysis of Gdl Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gdl to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Gdl Fund

Gdl Closed financial ratios help investors to determine whether Gdl 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 Gdl with respect to the benefits of owning Gdl Closed security.
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