Gabelli Etfs Trust Etf Price on November 13, 2024
LOPP Etf | USD 29.08 0.23 0.78% |
If you're considering investing in Gabelli Etf, it is important to understand the factors that can impact its price. As of today, the current price of Gabelli ETFs stands at 29.08, as last reported on the 14th of December 2024, with the highest price reaching 29.08 and the lowest price hitting 29.08 during the day. Currently, Gabelli ETFs Trust is very steady. Gabelli ETFs Trust holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Gabelli ETFs Trust, which you can use to evaluate the volatility of the entity. Please check out Gabelli ETFs' market risk adjusted performance of 0.1557, and Risk Adjusted Performance of 0.127 to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
Gabelli Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Gabelli |
Sharpe Ratio = 0.1428
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Estimated Market Risk
0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Gabelli ETFs is performing at about 11% of its full potential. 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 Gabelli ETFs by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 15.8 K |
Gabelli ETFs Valuation on November 13, 2024
It is possible to determine the worth of Gabelli ETFs on a given historical date. On November 13, 2024 Gabelli was worth 28.8 at the beginning of the trading date compared to the closed value of 28.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gabelli ETFs etf. Still, in general, we apply an absolute valuation method to find Gabelli ETFs' 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 Gabelli ETFs where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gabelli ETFs' related companies.
Open | High | Low | Close | Volume | |
28.80 | 28.80 | 28.71 | 28.75 | 1,700 | |
11/13/2024 | 28.80 | 28.80 | 28.80 | 28.80 | 100.00 |
28.62 | 28.62 | 28.62 | 28.62 | 1.00 |
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Gabelli ETFs Trading Date Momentum on November 13, 2024
On November 14 2024 Gabelli ETFs Trust was traded for 28.62 at the closing time. The top price for the day was 28.62 and the lowest listed price was 28.62 . There was no trading activity during the period 1.0. Lack of trading volume on November 14, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.62% . The overall trading delta against the current closing price is 4.37% . |
Gabelli ETFs Trust Fundamentals Correlations and Trends
By evaluating Gabelli ETFs' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Gabelli ETFs' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gabelli financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gabelli ETFs Etf history
Gabelli ETFs 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 Gabelli is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gabelli ETFs Trust 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 Gabelli ETFs stock prices may prove useful in developing a viable investing in Gabelli ETFs
The fund seeks to achieve its objective by investing substantially all, and in any case no less than 80, of its assets in U.S. exchange-listed common and preferred stocks of companies that meet its guidelines for social responsibility at the time of investment. Gabelli Love is traded on BATS Exchange in the United States.
Gabelli ETFs Etf Technical Analysis
Gabelli ETFs technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Gabelli ETFs Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Gabelli ETFs Trust cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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.
Gabelli ETFs December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Gabelli ETFs etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gabelli ETFs shares will generate the highest return on investment. By undertsting and applying Gabelli ETFs etf market strength indicators, traders can identify Gabelli ETFs Trust entry and exit signals to maximize returns
Gabelli ETFs Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gabelli ETFs' price direction in advance. Along with the technical and fundamental analysis of Gabelli Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gabelli 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.
Risk Adjusted Performance | 0.127 | |||
Jensen Alpha | 0.0462 | |||
Total Risk Alpha | 0.0278 | |||
Sortino Ratio | 0.0512 | |||
Treynor Ratio | 0.1457 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Gabelli ETFs Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of Gabelli ETFs Trust is measured differently than its book value, which is the value of Gabelli that is recorded on the company's balance sheet. Investors also form their own opinion of Gabelli ETFs' value that differs from its market value or its book value, called intrinsic value, which is Gabelli ETFs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gabelli ETFs' market value can be influenced by many factors that don't directly affect Gabelli ETFs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gabelli ETFs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gabelli ETFs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gabelli ETFs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.