Gamco Global Opportunity Fund Market Value

GGLCX Fund  USD 11.02  0.20  1.85%   
Gamco Global's market value is the price at which a share of Gamco Global trades on a public exchange. It measures the collective expectations of Gamco Global Opportunity investors about its performance. Gamco Global is trading at 11.02 as of the 15th of March 2025; that is 1.85 percent increase since the beginning of the trading day. The fund's open price was 10.82.
With this module, you can estimate the performance of a buy and hold strategy of Gamco Global Opportunity and determine expected loss or profit from investing in Gamco Global over a given investment horizon. Check out Gamco Global Correlation, Gamco Global Volatility and Gamco Global Alpha and Beta module to complement your research on Gamco Global.
Symbol

Please note, there is a significant difference between Gamco Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gamco Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gamco Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Gamco Global '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 Gamco Global's mutual fund 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 Gamco Global.
0.00
12/15/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/15/2025
0.00
If you would invest  0.00  in Gamco Global on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Gamco Global Opportunity or generate 0.0% return on investment in Gamco Global over 90 days. Gamco Global is related to or competes with Upright Assets, Touchstone Large, Franklin Moderate, Balanced Allocation, Alternative Asset, and The Hartford. The fund will invest primarily in a portfolio of common stocks of non-U.S More

Gamco Global 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 Gamco Global's mutual fund 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 Gamco Global Opportunity upside and downside potential and time the market with a certain degree of confidence.

Gamco Global Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Gamco Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gamco Global's standard deviation. In reality, there are many statistical measures that can use Gamco Global historical prices to predict the future Gamco Global's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gamco Global's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
10.9311.8412.75
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Intrinsic
Valuation
LowRealHigh
10.0110.9211.83
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Gamco Global Opportunity Backtested Returns

At this stage we consider Gamco Mutual Fund to be very steady. Gamco Global Opportunity holds Efficiency (Sharpe) Ratio of 0.0978, which attests that the entity had a 0.0978 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Gamco Global Opportunity, which you can use to evaluate the volatility of the entity. Please check out Gamco Global's Market Risk Adjusted Performance of (0.13), downside deviation of 0.96, and Risk Adjusted Performance of 0.0328 to validate if the risk estimate we provide is consistent with the expected return of 0.0895%. The fund retains a Market Volatility (i.e., Beta) of -0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Gamco Global are expected to decrease at a much lower rate. During the bear market, Gamco Global is likely to outperform the market.

Auto-correlation

    
  -0.11  

Insignificant reverse predictability

Gamco Global Opportunity has insignificant reverse predictability. Overlapping area represents the amount of predictability between Gamco Global time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Gamco Global Opportunity price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Gamco Global price fluctuation can be explain by its past prices.
Correlation Coefficient-0.11
Spearman Rank Test-0.11
Residual Average0.0
Price Variance0.04

Gamco Global Opportunity lagged returns against current returns

Autocorrelation, which is Gamco Global mutual fund'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 Gamco Global's mutual fund expected returns. We can calculate the autocorrelation of Gamco Global returns to help us make a trade decision. For example, suppose you find that Gamco Global has exhibited high autocorrelation historically, and you observe that the mutual fund 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  

Gamco Global 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 Gamco Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gamco Global mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gamco Global mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Gamco Global Lagged Returns

When evaluating Gamco Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gamco Global mutual fund have on its future price. Gamco Global 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, Gamco Global autocorrelation shows the relationship between Gamco Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Gamco Global Opportunity.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Gamco Mutual Fund

Gamco Global financial ratios help investors to determine whether Gamco 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 Gamco with respect to the benefits of owning Gamco Global security.
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