Gabelli Gold Fund Market Value

GLDIX Fund  USD 23.79  0.01  0.04%   
Gabelli Gold's market value is the price at which a share of Gabelli Gold trades on a public exchange. It measures the collective expectations of Gabelli Gold Fund investors about its performance. Gabelli Gold is trading at 23.79 as of the 4th of March 2025; that is 0.04 percent increase since the beginning of the trading day. The fund's open price was 23.78.
With this module, you can estimate the performance of a buy and hold strategy of Gabelli Gold Fund and determine expected loss or profit from investing in Gabelli Gold over a given investment horizon. Check out Gabelli Gold Correlation, Gabelli Gold Volatility and Gabelli Gold Alpha and Beta module to complement your research on Gabelli Gold.
Symbol

Please note, there is a significant difference between Gabelli Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gabelli Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gabelli Gold'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.

Gabelli Gold '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 Gold'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 Gabelli Gold.
0.00
02/02/2025
No Change 0.00  0.0 
In 30 days
03/04/2025
0.00
If you would invest  0.00  in Gabelli Gold on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding Gabelli Gold Fund or generate 0.0% return on investment in Gabelli Gold over 30 days. Gabelli Gold is related to or competes with Gabelli Gold, Gabelli Gold, Franklin Gold, First Eagle, and International Investors. The fund normally invests at least 80 percent of its net assets in equity securities of foreign and domestic issuers pri... More

Gabelli Gold 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 Gold'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 Gabelli Gold Fund upside and downside potential and time the market with a certain degree of confidence.

Gabelli Gold Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Gabelli Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gabelli Gold's standard deviation. In reality, there are many statistical measures that can use Gabelli Gold historical prices to predict the future Gabelli Gold's volatility.
Hype
Prediction
LowEstimatedHigh
22.2523.7925.33
Details
Intrinsic
Valuation
LowRealHigh
22.0223.5625.10
Details
Naive
Forecast
LowNextHigh
21.8523.3924.92
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
22.3223.9525.59
Details

Gabelli Gold Backtested Returns

At this stage we consider Gabelli Mutual Fund to be very steady. Gabelli Gold holds Efficiency (Sharpe) Ratio of 0.0673, which attests that the entity had a 0.0673 % return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Gabelli Gold, which you can use to evaluate the volatility of the entity. Please check out Gabelli Gold's risk adjusted performance of 0.0564, and Market Risk Adjusted Performance of 0.1887 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. The fund retains a Market Volatility (i.e., Beta) of 0.53, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Gabelli Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gabelli Gold is expected to be smaller as well.

Auto-correlation

    
  -0.62  

Very good reverse predictability

Gabelli Gold Fund has very good reverse predictability. Overlapping area represents the amount of predictability between Gabelli Gold time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th 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 Gabelli Gold price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Gabelli Gold price fluctuation can be explain by its past prices.
Correlation Coefficient-0.62
Spearman Rank Test-0.5
Residual Average0.0
Price Variance0.19

Gabelli Gold lagged returns against current returns

Autocorrelation, which is Gabelli Gold 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 Gabelli Gold's mutual fund expected returns. We can calculate the autocorrelation of Gabelli Gold returns to help us make a trade decision. For example, suppose you find that Gabelli Gold 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  

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

Gabelli Gold Lagged Returns

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

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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 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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