The Gabelli Growth Fund Market Value
| GGCAX Fund | USD 120.75 0.14 0.12% |
| Symbol | Gabelli |
Gabelli Growth '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 Growth'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 Growth.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Gabelli Growth on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding The Gabelli Growth or generate 0.0% return on investment in Gabelli Growth over 30 days. Gabelli Growth is related to or competes with Icon Financial, John Hancock, Mesirow Financial, Financials Ultrasector, and Fidelity Advisor. The fund will primarily invest in common stocks More
Gabelli Growth 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 Growth'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 Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.08 | |||
| Information Ratio | 0.1259 | |||
| Maximum Drawdown | 5.15 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.65 |
Gabelli Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gabelli Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gabelli Growth's standard deviation. In reality, there are many statistical measures that can use Gabelli Growth historical prices to predict the future Gabelli Growth's volatility.| Risk Adjusted Performance | 0.1866 | |||
| Jensen Alpha | 0.2349 | |||
| Total Risk Alpha | 0.083 | |||
| Sortino Ratio | 0.1127 | |||
| Treynor Ratio | 25.64 |
Gabelli Growth Backtested Returns
At this stage we consider Gabelli Mutual Fund to be very steady. Gabelli Growth holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Gabelli Growth, which you can use to evaluate the volatility of the entity. Please check out Gabelli Growth's Risk Adjusted Performance of 0.1866, market risk adjusted performance of 25.65, and Downside Deviation of 1.08 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. The fund retains a Market Volatility (i.e., Beta) of 0.0092, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gabelli Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gabelli Growth is expected to be smaller as well.
Auto-correlation | -0.67 |
Very good reverse predictability
The Gabelli Growth has very good reverse predictability. Overlapping area represents the amount of predictability between Gabelli Growth time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 Growth price movement. The serial correlation of -0.67 indicates that around 67.0% of current Gabelli Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 2.47 |
Gabelli Growth lagged returns against current returns
Autocorrelation, which is Gabelli Growth 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 Growth's mutual fund expected returns. We can calculate the autocorrelation of Gabelli Growth returns to help us make a trade decision. For example, suppose you find that Gabelli Growth 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 Growth 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 Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gabelli Growth 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 Growth mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Gabelli Growth Lagged Returns
When evaluating Gabelli Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gabelli Growth mutual fund have on its future price. Gabelli Growth 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 Growth autocorrelation shows the relationship between Gabelli Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Gabelli Growth.
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 Growth 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 Growth security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |