GAMCO Global Variance
| GGN Fund | | | USD 5.31 -0.17 -3.10% |
GAMCO Global variance lookup summarizes this and related technical indicators for Gamco Global. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. GAMCO Global has a market cap of 625.88 M, operating margin of 61.24%, ROE of -63.0%. Use
Risk vs Return Analysis to explore allocation context. This includes a position in Gamco Global in the portfolio view. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as
signals in census.
Gamco Global has current Variance of 3.29. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.
Variance | = | SUM(RET DEV)2N |
| = | 3.29 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
GAMCO Global Variance Peers Comparison
GAMCO Variance Relative To Other Indicators
Gamco Global lands at
#3 in variance compared to similar funds. It is currently under evaluation in maximum drawdown compared to similar funds producing
2.82 in Maximum Drawdown for each unit of Variance. The spread between Maximum Drawdown and Variance for Gamco Global sits at
2.82 Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.
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