The Gabelli Equity Preferred Stock Market Value
| GAB-PK Preferred Stock | USD 22.94 0.12 0.53% |
| Symbol | Gabelli |
Gabelli Equity 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Gabelli Equity's preferred stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Gabelli Equity.
| 08/06/2024 |
| 12/04/2024 |
If you would invest 0.00 in Gabelli Equity on August 6, 2024 and sell it all today you would earn a total of 0.00 from holding The Gabelli Equity or generate 0.0% return on investment in Gabelli Equity over 120 days. Gabelli Equity is related to or competes with Gabelli Multimedia, Gabelli Equity, Gabelli Multimedia, Gabelli Dividend, and Gabelli Equity. The Gabelli Equity Trust Inc. is a closed ended equity mutual fund launched by GAMCO Investors, Inc More
Gabelli Equity Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Gabelli Equity's preferred stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess The Gabelli Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8723 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 4.97 | |||
| Value At Risk | (1.43) | |||
| Potential Upside | 1.27 |
Gabelli Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gabelli Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gabelli Equity's standard deviation. In reality, there are many statistical measures that can use Gabelli Equity historical prices to predict the future Gabelli Equity's volatility.| Risk Adjusted Performance | 0.0738 | |||
| Jensen Alpha | 0.0633 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 2.33 |
Gabelli Equity Backtested Returns
As of now, Gabelli Preferred Stock is very steady. Gabelli Equity holds Efficiency (Sharpe) Ratio of 0.0515, which attests that the entity had a 0.0515% return per unit of risk over the last 3 months. We have found thirty technical indicators for Gabelli Equity, which you can use to evaluate the volatility of the firm. Please check out Gabelli Equity's Downside Deviation of 0.8723, market risk adjusted performance of 2.34, and Risk Adjusted Performance of 0.0738 to validate if the risk estimate we provide is consistent with the expected return of 0.0402%. Gabelli Equity has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0284, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gabelli Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gabelli Equity is expected to be smaller as well. Gabelli Equity right now retains a risk of 0.78%. Please check out Gabelli Equity total risk alpha, value at risk, and the relationship between the standard deviation and treynor ratio , to decide if Gabelli Equity will be following its current trending patterns.
Auto-correlation | -0.9 |
Excellent reverse predictability
The Gabelli Equity has excellent reverse predictability. Overlapping area represents the amount of predictability between Gabelli Equity time series from 6th of August 2024 to 5th of October 2024 and 5th of October 2024 to 4th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Gabelli Equity price movement. The serial correlation of -0.9 indicates that approximately 90.0% of current Gabelli Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.9 | |
| Spearman Rank Test | -0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Gabelli Equity lagged returns against current returns
Autocorrelation, which is Gabelli Equity preferred stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Gabelli Equity's preferred stock expected returns. We can calculate the autocorrelation of Gabelli Equity returns to help us make a trade decision. For example, suppose you find that Gabelli Equity has exhibited high autocorrelation historically, and you observe that the preferred stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Gabelli Equity regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Gabelli Equity preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gabelli Equity preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gabelli Equity preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Gabelli Equity Lagged Returns
When evaluating Gabelli Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gabelli Equity preferred stock have on its future price. Gabelli Equity autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Gabelli Equity autocorrelation shows the relationship between Gabelli Equity preferred stock current value and its past values and can show if there is a momentum factor associated with investing in The Gabelli Equity.
Regressed Prices |
| Timeline |
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Gabelli Equity financial ratios help investors to determine whether Gabelli 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 Gabelli with respect to the benefits of owning Gabelli Equity security.