The Gabelli Val Fund Market Value
| GVCIX Fund | USD 11.25 0.05 0.45% |
| Symbol | Gabelli |
Gabelli Val '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 Val'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 Val.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Gabelli Val on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding The Gabelli Val or generate 0.0% return on investment in Gabelli Val over 360 days. Gabelli Val is related to or competes with Massmutual Select, Lord Abbett, Delaware Limited-term, Calvert Conservative, and Prudential Core. The fund invests primarily in equity securities of companies that the Adviser believes are undervalued and have the pote... More
Gabelli Val 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 Val'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 Val upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7446 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 3.72 | |||
| Value At Risk | (1.12) | |||
| Potential Upside | 1.23 |
Gabelli Val Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gabelli Val's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gabelli Val's standard deviation. In reality, there are many statistical measures that can use Gabelli Val historical prices to predict the future Gabelli Val's volatility.| Risk Adjusted Performance | 0.0981 | |||
| Jensen Alpha | 0.08 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 1.14 |
Gabelli Val Backtested Returns
At this stage we consider Gabelli Mutual Fund to be very steady. Gabelli Val holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Gabelli Val, which you can use to evaluate the volatility of the entity. Please check out Gabelli Val's Risk Adjusted Performance of 0.0981, market risk adjusted performance of 1.15, and Downside Deviation of 0.7446 to validate if the risk estimate we provide is consistent with the expected return of 0.13%. The fund retains a Market Volatility (i.e., Beta) of 0.078, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gabelli Val's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gabelli Val is expected to be smaller as well.
Auto-correlation | 0.75 |
Good predictability
The Gabelli Val has good predictability. Overlapping area represents the amount of predictability between Gabelli Val time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 Val price movement. The serial correlation of 0.75 indicates that around 75.0% of current Gabelli Val price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Gabelli Val lagged returns against current returns
Autocorrelation, which is Gabelli Val 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 Val's mutual fund expected returns. We can calculate the autocorrelation of Gabelli Val returns to help us make a trade decision. For example, suppose you find that Gabelli Val 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 Val 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 Val mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gabelli Val 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 Val mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Gabelli Val Lagged Returns
When evaluating Gabelli Val's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gabelli Val mutual fund have on its future price. Gabelli Val 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 Val autocorrelation shows the relationship between Gabelli Val mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Gabelli Val.
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 Val 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 Val security.
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