Gabelli Esg Fund Market Value

SRIGX Fund  USD 12.54  0.11  0.88%   
Gabelli Esg's market value is the price at which a share of Gabelli Esg trades on a public exchange. It measures the collective expectations of Gabelli Esg Fund investors about its performance. Gabelli Esg is trading at 12.54 as of the 22nd of December 2024; that is 0.88% up since the beginning of the trading day. The fund's open price was 12.43.
With this module, you can estimate the performance of a buy and hold strategy of Gabelli Esg Fund and determine expected loss or profit from investing in Gabelli Esg over a given investment horizon. Check out Gabelli Esg Correlation, Gabelli Esg Volatility and Gabelli Esg Alpha and Beta module to complement your research on Gabelli Esg.
Symbol

Please note, there is a significant difference between Gabelli Esg's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gabelli Esg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gabelli Esg'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 Esg '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 Esg'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 Esg.
0.00
01/02/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/22/2024
0.00
If you would invest  0.00  in Gabelli Esg on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Gabelli Esg Fund or generate 0.0% return on investment in Gabelli Esg over 720 days. Gabelli Esg is related to or competes with Gabelli Global, Gabelli Equity, Gamco International, Enterprise Mergers, Enterprise Mergers, and Enterprise Mergers. The fund will seek to achieve its objective by investing substantially all, and in any case, no less than 80, of its ass... More

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

Gabelli Esg Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Gabelli Esg's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gabelli Esg's standard deviation. In reality, there are many statistical measures that can use Gabelli Esg historical prices to predict the future Gabelli Esg's volatility.
Hype
Prediction
LowEstimatedHigh
11.1012.5413.98
Details
Intrinsic
Valuation
LowRealHigh
11.3512.7914.23
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Gabelli Esg. Your research has to be compared to or analyzed against Gabelli Esg's peers to derive any actionable benefits. When done correctly, Gabelli Esg's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Gabelli Esg Fund.

Gabelli Esg Fund Backtested Returns

Gabelli Esg Fund holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of standard deviation over the last 3 months. Gabelli Esg Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gabelli Esg's market risk adjusted performance of (0.28), and Risk Adjusted Performance of (0.09) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.65, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Gabelli Esg's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gabelli Esg is expected to be smaller as well.

Auto-correlation

    
  -0.38  

Poor reverse predictability

Gabelli Esg Fund has poor reverse predictability. Overlapping area represents the amount of predictability between Gabelli Esg time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 Esg Fund price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Gabelli Esg price fluctuation can be explain by its past prices.
Correlation Coefficient-0.38
Spearman Rank Test-0.06
Residual Average0.0
Price Variance0.32

Gabelli Esg Fund lagged returns against current returns

Autocorrelation, which is Gabelli Esg 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 Esg's mutual fund expected returns. We can calculate the autocorrelation of Gabelli Esg returns to help us make a trade decision. For example, suppose you find that Gabelli Esg 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 Esg 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 Esg mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gabelli Esg 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 Esg mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Gabelli Esg Lagged Returns

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

Also Currently Popular

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 Esg 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 Esg security.
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account