The Gabelli Multimedia Preferred Stock Price on June 28, 2023

GGT-PG Preferred Stock  USD 22.85  0.02  0.09%   
If you're considering investing in Gabelli Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gabelli Multimedia stands at 22.85, as last reported on the 29th of December, with the highest price reaching 22.85 and the lowest price hitting 22.85 during the day. The Gabelli Multimedia holds Efficiency (Sharpe) Ratio of -0.0431, which attests that the entity had a -0.0431% return per unit of risk over the last 3 months. The Gabelli Multimedia exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gabelli Multimedia's Standard Deviation of 1.1, risk adjusted performance of (0.04), and Market Risk Adjusted Performance of 0.2801 to validate the risk estimate we provide.
  
Gabelli Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0431

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Estimated Market Risk

 1.11
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Gabelli Multimedia is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Gabelli Multimedia by adding Gabelli Multimedia to a well-diversified portfolio.

Gabelli Multimedia Valuation on June 28, 2023

It is possible to determine the worth of Gabelli Multimedia on a given historical date. On June 28, 2023 Gabelli was worth 22.03 at the beginning of the trading date compared to the closed value of 22.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gabelli Multimedia preferred stock. Still, in general, we apply an absolute valuation method to find Gabelli Multimedia's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Gabelli Multimedia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gabelli Multimedia's related companies.
 Open High Low Close Volume
  21.97    22.06    21.97    22.06    1,980  
06/28/2023
  22.03    22.03    22.03    22.03    101.00  
  21.98    22.01    21.98    22.01    1,452  
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Open Value
22.03
22.03
Closing Value
25.35
Upside

Gabelli Multimedia Trading Date Momentum on June 28, 2023

On June 29 2023 The Gabelli Multimedia was traded for  22.01  at the closing time. The maximum traded price for the trading interval was 22.01  and the lowest daily price was  21.98 . The daily volume was recorded at 1.5 K. The volume of trading on 29th of June 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.09% . The trading price change to the closing price today is 1.04% .

The Gabelli Multimedia Fundamentals Correlations and Trends

By evaluating Gabelli Multimedia's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Gabelli Multimedia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gabelli financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Gabelli Multimedia Preferred Stock history

Gabelli Multimedia investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Gabelli is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in The Gabelli Multimedia will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Gabelli Multimedia stock prices may prove useful in developing a viable investing in Gabelli Multimedia
The Gabelli Multimedia Trust Inc. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. The Gabelli Multimedia Trust Inc. was formed on November 15, 1994 and is domiciled in the United States. Gabelli Multi operates under Asset Management classification in the United States and is traded on New York Stock Exchange.

Gabelli Multimedia Preferred Stock Technical Analysis

Gabelli Multimedia technical preferred stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, preferred stock market cycles, or different charting patterns.
A focus of Gabelli Multimedia technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Gabelli Multimedia trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Gabelli Multimedia Period Price Range

Low
December 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

The Gabelli Multimedia cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Gabelli Multimedia December 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Gabelli Multimedia preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gabelli Multimedia shares will generate the highest return on investment. By undertsting and applying Gabelli Multimedia preferred stock market strength indicators, traders can identify The Gabelli Multimedia entry and exit signals to maximize returns

Gabelli Multimedia Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Gabelli Multimedia's price direction in advance. Along with the technical and fundamental analysis of Gabelli Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gabelli to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Gabelli Preferred Stock analysis

When running Gabelli Multimedia's price analysis, check to measure Gabelli Multimedia'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 Multimedia is operating at the current time. Most of Gabelli Multimedia's value examination focuses on studying past and present price action to predict the probability of Gabelli Multimedia'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 Multimedia's price. Additionally, you may evaluate how the addition of Gabelli Multimedia to your portfolios can decrease your overall portfolio volatility.
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