Gabelli Global Small Stock Market Value
| GGZ Stock | USD 13.05 0.06 0.46% |
| Symbol | Gabelli |
Gabelli Global Small Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gabelli Global. If investors know Gabelli will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gabelli Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.11) | Return On Equity (25.57) |
The market value of Gabelli Global Small 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 Global's value that differs from its market value or its book value, called intrinsic value, which is Gabelli Global's 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 Global's market value can be influenced by many factors that don't directly affect Gabelli Global's 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 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gabelli Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gabelli Global's 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.
Gabelli Global '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 Global's stock 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 Global.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Gabelli Global on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Gabelli Global Small or generate 0.0% return on investment in Gabelli Global over 180 days. Gabelli Global is related to or competes with MFS Investment, Invesco High, Eaton Vance, Nuveen California, Federated Premier, and Blackrock Muniholdings. The Gabelli Global Small and Mid Cap Value Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc More
Gabelli Global 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 Global's stock 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 Gabelli Global Small upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8891 | |||
| Information Ratio | 0.0054 | |||
| Maximum Drawdown | 4.71 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 1.2 |
Gabelli Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gabelli Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gabelli Global's standard deviation. In reality, there are many statistical measures that can use Gabelli Global historical prices to predict the future Gabelli Global's volatility.| Risk Adjusted Performance | 0.128 | |||
| Jensen Alpha | 0.0335 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0052 | |||
| Treynor Ratio | 0.1709 |
Gabelli Global Small Backtested Returns
At this stage we consider Gabelli Stock to be very steady. Gabelli Global Small holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Gabelli Global Small, which you can use to evaluate the volatility of the firm. Please check out Gabelli Global's risk adjusted performance of 0.128, and Market Risk Adjusted Performance of 0.1809 to validate if the risk estimate we provide is consistent with the expected return of 0.16%. Gabelli Global has a performance score of 15 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.77, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Gabelli Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gabelli Global is expected to be smaller as well. Gabelli Global Small right now retains a risk of 0.84%. Please check out Gabelli Global potential upside, and the relationship between the jensen alpha and accumulation distribution , to decide if Gabelli Global will be following its current trending patterns.
Auto-correlation | 0.49 |
Average predictability
Gabelli Global Small has average predictability. Overlapping area represents the amount of predictability between Gabelli Global time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Global Small price movement. The serial correlation of 0.49 indicates that about 49.0% of current Gabelli Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Gabelli Global Small lagged returns against current returns
Autocorrelation, which is Gabelli Global stock'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 Global's stock expected returns. We can calculate the autocorrelation of Gabelli Global returns to help us make a trade decision. For example, suppose you find that Gabelli Global has exhibited high autocorrelation historically, and you observe that the stock 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 Global 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 Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gabelli Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gabelli Global stock over time.
Current vs Lagged Prices |
| Timeline |
Gabelli Global Lagged Returns
When evaluating Gabelli Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gabelli Global stock have on its future price. Gabelli Global 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 Global autocorrelation shows the relationship between Gabelli Global stock current value and its past values and can show if there is a momentum factor associated with investing in Gabelli Global Small.
Regressed Prices |
| Timeline |
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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.Additional Tools for Gabelli Stock Analysis
When running Gabelli Global's price analysis, check to measure Gabelli Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gabelli Global is operating at the current time. Most of Gabelli Global's value examination focuses on studying past and present price action to predict the probability of Gabelli Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gabelli Global's price. Additionally, you may evaluate how the addition of Gabelli Global to your portfolios can decrease your overall portfolio volatility.