Gabelli Gold Fund Price on October 30, 2023
GLDAX Fund | USD 21.83 0.18 0.82% |
If you're considering investing in Gabelli Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Gabelli Gold stands at 21.83, as last reported on the 17th of December 2024, with the highest price reaching 21.83 and the lowest price hitting 21.83 during the day. Gabelli Gold holds Efficiency (Sharpe) Ratio of -0.0175, which attests that the entity had a -0.0175% return per unit of standard deviation over the last 3 months. Gabelli Gold exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gabelli Gold's market risk adjusted performance of (0.12), and Risk Adjusted Performance of (0.01) to validate the risk estimate we provide.
Gabelli Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Gabelli |
Sharpe Ratio = -0.0175
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Negative Returns | GLDAX |
Estimated Market Risk
1.66 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gabelli Gold 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 Gold by adding Gabelli Gold to a well-diversified portfolio.
Gabelli Gold Valuation on October 30, 2023
It is possible to determine the worth of Gabelli Gold on a given historical date. On October 30, 2023 Gabelli was worth 16.28 at the beginning of the trading date compared to the closed value of 16.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gabelli Gold mutual fund. Still, in general, we apply an absolute valuation method to find Gabelli Gold'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 Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gabelli Gold's related companies.
Open | High | Low | Close | Volume | |
16.43 | 16.43 | 16.43 | 16.43 | 1.00 | |
10/30/2023 | 16.28 | 16.28 | 16.28 | 16.28 | 1.00 |
15.99 | 15.99 | 15.99 | 15.99 | 1.00 |
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Gabelli Gold Trading Date Momentum on October 30, 2023
On October 31 2023 Gabelli Gold Fund was traded for 15.99 at the closing time. The highest daily price throughout the period was 15.99 and the lowest price was 15.99 . There was no trading activity during the period 1.0. Lack of trading volume on 10/31/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.78% . The overall trading delta to current closing price is 2.70% . |
Gabelli Gold Fundamentals Correlations and Trends
By evaluating Gabelli Gold'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 Gold'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 Gold Mutual Fund history
Gabelli Gold 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 Gabelli Gold 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 Gold stock prices may prove useful in developing a viable investing in Gabelli Gold
The fund normally invests at least 80 percent of its net assets in equity securities of foreign and domestic issuers principally engaged in gold related activities and gold bullion. Gabelli Gold is traded on NASDAQ Exchange in the United States.
Gabelli Gold Mutual Fund Technical Analysis
Gabelli Gold technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Gabelli Gold Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Gabelli Gold Fund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 Gold December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Gabelli Gold mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gabelli Gold shares will generate the highest return on investment. By undertsting and applying Gabelli Gold mutual fund market strength indicators, traders can identify Gabelli Gold Fund entry and exit signals to maximize returns
Gabelli Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gabelli Gold's price direction in advance. Along with the technical and fundamental analysis of Gabelli Mutual Fund 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.
Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.17) | |||
Treynor Ratio | (0.13) |
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Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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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