Gabelli Gold Fund Probability of Future Mutual Fund Price Finishing Over 21.66
| GLDAX Fund | USD 21.83 0.18 0.82% |
Gabelli |
Gabelli Gold Target Price Odds to finish over 21.66
The tendency of Gabelli 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 Price | Horizon | Target Price | Odds to stay above $ 21.66 in 90 days |
| 21.83 | 90 days | 21.66 | about 90.99 |
Based on a normal probability distribution, the odds of Gabelli Gold to stay above $ 21.66 in 90 days from now is about 90.99 (This Gabelli Gold Fund probability density function shows the probability of Gabelli Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Gabelli Gold price to stay between $ 21.66 and its current price of $21.83 at the end of the 90-day period is under 4.
Assuming the 90 days horizon Gabelli Gold has a beta of 0.25. This usually indicates as returns on the market go up, Gabelli Gold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Gabelli Gold Fund will be expected to be much smaller as well. Additionally Gabelli Gold Fund has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Gabelli Gold Price Density |
| Price |
Predictive Modules for Gabelli Gold
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gabelli Gold. 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.Gabelli Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gabelli Gold is not an exception. The market had few large corrections towards the Gabelli Gold'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 Gabelli Gold Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gabelli Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 0.97 | |
Ir | Information ratio | -0.09 |
Gabelli Gold 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 Gabelli Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gabelli Gold can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Gabelli Gold generated a negative expected return over the last 90 days | |
| The fund generated0.0 ten year return of 0.0% | |
| Gabelli Gold retains 99.74% of its assets under management (AUM) in equities |
Gabelli Gold Technical Analysis
Gabelli Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Gabelli Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gabelli Gold Fund. In general, you should focus on analyzing Gabelli Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Gabelli Gold Predictive Forecast Models
Gabelli Gold's time-series forecasting models is one of many Gabelli Gold'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 Gabelli Gold'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 Gabelli Gold
Checking the ongoing alerts about Gabelli Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gabelli Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gabelli Gold generated a negative expected return over the last 90 days | |
| The fund generated0.0 ten year return of 0.0% | |
| Gabelli Gold retains 99.74% of its assets under management (AUM) in equities |
Other Information on Investing in Gabelli Mutual Fund
Gabelli Gold 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 Gold security.
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| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges |