Gamco Global Fund One Year Return
| GGN Fund | USD 4.31 0.03 0.69% |
Gamco Global 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 Fund. 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 fund.
Gamco |
Gamco Global Fund One Year Return Analysis
Gamco Global's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Gamco Global One Year Return | 20.06 % |
Most of Gamco Global's fundamental indicators, such as One Year Return, 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 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
| Competition |
Based on the recorded statements, Gamco Global has an One Year Return of 20.0606%. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The one year return for all United States funds is notably lower than that of the firm.
Gamco One Year Return 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 One Year Return to detect undervalued stocks with similar characteristics or determine the funds 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 one year return among similar funds.
Gamco Fundamentals
| Return On Equity | -0.63 | |||
| Return On Asset | 1.16 | |||
| Profit Margin | (19.57) % | |||
| Operating Margin | 61.24 % | |||
| Current Valuation | 620.58 M | |||
| Shares Outstanding | 154.04 M | |||
| Shares Owned By Institutions | 8.62 % | |||
| Number Of Shares Shorted | 179.08 K | |||
| Price To Earning | 23.09 X | |||
| Price To Book | 0.87 X | |||
| Price To Sales | 25.27 X | |||
| Revenue | 21.4 M | |||
| Gross Profit | 21.31 M | |||
| Net Income | (8.51 M) | |||
| Cash And Equivalents | 910.02 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 18.75 K | |||
| Current Ratio | 0.50 X | |||
| Book Value Per Share | 4.01 X | |||
| Short Ratio | 0.32 X | |||
| Earnings Per Share | 0.15 X | |||
| Number Of Employees | 15 | |||
| Beta | 0.91 | |||
| Market Capitalization | 625.88 M | |||
| Total Asset | 340.9 M | |||
| Retained Earnings | (136.12 M) | |||
| Annual Yield | 0.01 % | |||
| Year To Date Return | 12.46 % | |||
| One Year Return | 20.06 % | |||
| Three Year Return | 11.01 % | |||
| Five Year Return | 18.95 % | |||
| Last Dividend Paid | 0.36 |
About Gamco Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Gamco Global'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 based on its fundamental data. In general, a quantitative approach, as applied to this fund, 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.
Pair Trading with Gamco Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gamco Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gamco Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Gamco Fund
| 0.92 | DNP | Dnp Select Income | PairCorr |
| 0.74 | TDF | Templeton Dragon Closed | PairCorr |
| 0.66 | PEO | Adams Natural Resources | PairCorr |
| 0.87 | VVR | Invesco Senior Income | PairCorr |
Moving against Gamco Fund
The ability to find closely correlated positions to Gamco Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gamco Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gamco Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gamco Global to buy it.
The correlation of Gamco Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gamco Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gamco Global moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gamco Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Gamco Fund
Gamco Global financial ratios help investors to determine whether Gamco 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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