Gabelli Convertible And Fund Market Value

GCV Fund  USD 3.93  0.03  0.77%   
Gabelli Convertible's market value is the price at which a share of Gabelli Convertible trades on a public exchange. It measures the collective expectations of Gabelli Convertible And investors about its performance. Gabelli Convertible is selling for under 3.93 as of the 24th of July 2025; that is 0.77 percent increase since the beginning of the trading day. The fund's lowest day price was 3.89.
With this module, you can estimate the performance of a buy and hold strategy of Gabelli Convertible And and determine expected loss or profit from investing in Gabelli Convertible over a given investment horizon. Check out Gabelli Convertible Correlation, Gabelli Convertible Volatility and Gabelli Convertible Alpha and Beta module to complement your research on Gabelli Convertible.
Symbol

Please note, there is a significant difference between Gabelli Convertible's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gabelli Convertible is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gabelli Convertible'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 Convertible '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 Convertible's 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 Convertible.
0.00
04/25/2025
No Change 0.00  0.0 
In 2 months and 31 days
07/24/2025
0.00
If you would invest  0.00  in Gabelli Convertible on April 25, 2025 and sell it all today you would earn a total of 0.00 from holding Gabelli Convertible And or generate 0.0% return on investment in Gabelli Convertible over 90 days. Gabelli Convertible is related to or competes with GAMCO Natural, Gabelli Healthcare, Gabelli Global, John Hancock, Gabelli MultiMedia, Gabelli Utility, and Ellsworth Convertible. The Gabelli Convertible and Income Securities Fund Inc More

Gabelli Convertible 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 Convertible's 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 Convertible And upside and downside potential and time the market with a certain degree of confidence.

Gabelli Convertible Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Gabelli Convertible's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gabelli Convertible's standard deviation. In reality, there are many statistical measures that can use Gabelli Convertible historical prices to predict the future Gabelli Convertible's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gabelli Convertible'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
3.173.934.69
Details
Intrinsic
Valuation
LowRealHigh
3.444.204.96
Details
Naive
Forecast
LowNextHigh
3.183.944.70
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.753.843.93
Details

Gabelli Convertible And Backtested Returns

Gabelli Convertible appears to be not too volatile, given 3 months investment horizon. Gabelli Convertible And holds Efficiency (Sharpe) Ratio of 0.31, which attests that the entity had a 0.31 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Gabelli Convertible And, which you can use to evaluate the volatility of the entity. Please utilize Gabelli Convertible's risk adjusted performance of 0.3305, and Market Risk Adjusted Performance of 1.4 to validate if our risk estimates are consistent with your expectations. The fund retains a Market Volatility (i.e., Beta) of 0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gabelli Convertible's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gabelli Convertible is expected to be smaller as well.

Auto-correlation

    
  0.93  

Excellent predictability

Gabelli Convertible And has excellent predictability. Overlapping area represents the amount of predictability between Gabelli Convertible time series from 25th of April 2025 to 9th of June 2025 and 9th of June 2025 to 24th of July 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 Convertible And price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Gabelli Convertible price fluctuation can be explain by its past prices.
Correlation Coefficient0.93
Spearman Rank Test0.88
Residual Average0.0
Price Variance0.0

Gabelli Convertible And lagged returns against current returns

Autocorrelation, which is Gabelli Convertible 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 Convertible's fund expected returns. We can calculate the autocorrelation of Gabelli Convertible returns to help us make a trade decision. For example, suppose you find that Gabelli Convertible has exhibited high autocorrelation historically, and you observe that the 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 Convertible 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 Convertible fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gabelli Convertible fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gabelli Convertible fund over time.
   Current vs Lagged Prices   
       Timeline  

Gabelli Convertible Lagged Returns

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

Thematic Opportunities

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Other Information on Investing in Gabelli Fund

Gabelli Convertible financial ratios help investors to determine whether Gabelli 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 Convertible security.
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