Gamco Global Growth Fund Probability of Future Mutual Fund Price Finishing Over 61.20

GGGAX Fund  USD 61.11  0.59  0.97%   
Gamco Global's future price is the expected price of Gamco Global instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Gamco Global Growth performance during a given time horizon utilizing its historical volatility. Check out Gamco Global Backtesting, Portfolio Optimization, Gamco Global Correlation, Gamco Global Hype Analysis, Gamco Global Volatility, Gamco Global History as well as Gamco Global Performance.
  
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Gamco Global Target Price Odds to finish over 61.20

The tendency of Gamco Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 61.20  or more in 90 days
 61.11 90 days 61.20 
about 7.45
Based on a normal probability distribution, the odds of Gamco Global to move over $ 61.20  or more in 90 days from now is about 7.45 (This Gamco Global Growth probability density function shows the probability of Gamco Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Gamco Global Growth price to stay between its current price of $ 61.11  and $ 61.20  at the end of the 90-day period is about 1.02 .
Assuming the 90 days horizon Gamco Global has a beta of 0.73. This usually indicates as returns on the market go up, Gamco Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Gamco Global Growth will be expected to be much smaller as well. Additionally Gamco Global Growth has an alpha of 0.0499, implying that it can generate a 0.0499 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Gamco Global Price Density   
       Price  

Predictive Modules for Gamco Global

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gamco Global Growth. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
60.1861.1162.04
Details
Intrinsic
Valuation
LowRealHigh
55.0066.9267.85
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Gamco Global. Your research has to be compared to or analyzed against Gamco Global's peers to derive any actionable benefits. When done correctly, Gamco Global's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Gamco Global Growth.

Gamco Global Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Gamco Global is not an exception. The market had few large corrections towards the Gamco Global's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Gamco Global Growth, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gamco Global within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.05
β
Beta against Dow Jones0.73
σ
Overall volatility
1.31
Ir
Information ratio 0.04

Gamco Global Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Gamco Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gamco Global Growth can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The fund retains 99.82% of its assets under management (AUM) in equities

Gamco Global Technical Analysis

Gamco Global's future price can be derived by breaking down and analyzing its technical indicators over time. Gamco Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gamco Global Growth. In general, you should focus on analyzing Gamco Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Gamco Global Predictive Forecast Models

Gamco Global's time-series forecasting models is one of many Gamco Global's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Gamco Global's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.

Things to note about Gamco Global Growth

Checking the ongoing alerts about Gamco Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gamco Global Growth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund retains 99.82% of its assets under management (AUM) in equities

Other Information on Investing in Gamco Mutual Fund

Gamco Global financial ratios help investors to determine whether Gamco 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 Gamco with respect to the benefits of owning Gamco Global security.
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