Gamco Global Gold Preferred Stock Fundamentals
| GGN-PB Preferred Stock | USD 20.93 0.06 0.29% |
GAMCO Global Gold fundamentals help investors to digest information that contributes to GAMCO Global's financial success or failures. It also enables traders to predict the movement of GAMCO Preferred Stock. The fundamental analysis module provides a way to measure GAMCO Global's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to GAMCO Global preferred stock.
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GAMCO Global Gold Company Beta Analysis
GAMCO Global's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current GAMCO Global Beta | 0.87 |
Most of GAMCO Global's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, GAMCO Global Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, GAMCO Global Gold has a Beta of 0.8741. This is 6.6% higher than that of the Financial Services sector and 28.35% lower than that of the Asset Management industry. The beta for all United States preferred stocks is notably lower than that of the firm.
GAMCO Global Gold Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining GAMCO Global's current stock value. Our valuation model uses many indicators to compare GAMCO Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across GAMCO Global competition to find correlations between indicators driving GAMCO Global's intrinsic value. More Info.GAMCO Global Gold is one of the top stocks in price to earning category among its peers. It is rated # 5 in price to sales category among its peers fabricating about 0.19 of Price To Sales per Price To Earning. The ratio of Price To Earning to Price To Sales for GAMCO Global Gold is roughly 5.37 . Comparative valuation analysis is a catch-all model that can be used if you cannot value GAMCO Global by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for GAMCO Global's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.GAMCO Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses GAMCO Global's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of GAMCO Global could also be used in its relative valuation, which is a method of valuing GAMCO Global by comparing valuation metrics of similar companies.GAMCO Global is currently under evaluation in beta category among its peers.
GAMCO Global returns are very sensitive to returns on the market. As the market goes up or down, GAMCO Global is expected to follow.
GAMCO Fundamentals
| Return On Equity | -0.0063 | ||||
| Return On Asset | 0.0116 | ||||
| Profit Margin | (0.20) % | ||||
| Operating Margin | 0.61 % | ||||
| Shares Outstanding | 135.68 M | ||||
| Price To Earning | 145.44 X | ||||
| Price To Sales | 27.06 X | ||||
| Revenue | 21.4 M | ||||
| Gross Profit | 21.31 M | ||||
| Net Income | 42.96 M | ||||
| Cash And Equivalents | 630.05 K | ||||
| Current Ratio | 0.05 X | ||||
| Book Value Per Share | 3.58 X | ||||
| Earnings Per Share | 0.25 X | ||||
| Beta | 0.87 | ||||
| Market Capitalization | 582.8 M | ||||
| Last Dividend Paid | 0.36 |
About GAMCO Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze GAMCO Global Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GAMCO Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GAMCO Global Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.GAMCO Global Gold, Natural Resources Income Trust is a closed ended equity mutual fund launched by GAMCO Investors, Inc. GAMCO Global Gold, Natural Resources Income Trust was formed on January 4, 2005 and is domiciled in United States. GAMCO Global is traded on American Stock Exchange in USA.
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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 GAMCO Preferred Stock
GAMCO Global financial ratios help investors to determine whether GAMCO Preferred Stock 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.