The Gabelli Healthcare Fund Market Value
| XXGRX Fund | USD 10.63 0.09 0.85% |
| Symbol | Gabelli |
Please note, there is a significant difference between Gabelli Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gabelli Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gabelli Healthcare'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 Healthcare '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 Healthcare'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 Healthcare.
| 06/02/2025 |
| 08/31/2025 |
If you would invest 0.00 in Gabelli Healthcare on June 2, 2025 and sell it all today you would earn a total of 0.00 from holding The Gabelli Healthcare or generate 0.0% return on investment in Gabelli Healthcare over 90 days. Gabelli Healthcare is related to or competes with Aqr Diversified, Columbia Diversified, Putnam Diversified, Madison Diversified, Tiaa Cref, Wells Fargo, and Jpmorgan Diversified. More
Gabelli Healthcare 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 Healthcare'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 The Gabelli Healthcare upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.21 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 4.33 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 1.37 |
Gabelli Healthcare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gabelli Healthcare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gabelli Healthcare's standard deviation. In reality, there are many statistical measures that can use Gabelli Healthcare historical prices to predict the future Gabelli Healthcare's volatility.| Risk Adjusted Performance | 0.0055 | |||
| Jensen Alpha | 0.0372 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.017 |
The Gabelli Healthcare Backtested Returns
At this stage we consider Gabelli Mutual Fund to be very steady. The Gabelli Healthcare holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for The Gabelli Healthcare, which you can use to evaluate the volatility of the entity. Please check out Gabelli Healthcare's Downside Deviation of 1.21, risk adjusted performance of 0.0055, and Market Risk Adjusted Performance of 0.027 to validate if the risk estimate we provide is consistent with the expected return of 0.0033%. The fund retains a Market Volatility (i.e., Beta) of -0.39, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Gabelli Healthcare are expected to decrease at a much lower rate. During the bear market, Gabelli Healthcare is likely to outperform the market.
Auto-correlation | 0.45 |
Average predictability
The Gabelli Healthcare has average predictability. Overlapping area represents the amount of predictability between Gabelli Healthcare time series from 2nd of June 2025 to 17th of July 2025 and 17th of July 2025 to 31st of August 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 The Gabelli Healthcare price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Gabelli Healthcare price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
The Gabelli Healthcare lagged returns against current returns
Autocorrelation, which is Gabelli Healthcare 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 Healthcare's mutual fund expected returns. We can calculate the autocorrelation of Gabelli Healthcare returns to help us make a trade decision. For example, suppose you find that Gabelli Healthcare 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 Healthcare 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 Healthcare mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gabelli Healthcare 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 Healthcare mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Gabelli Healthcare Lagged Returns
When evaluating Gabelli Healthcare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gabelli Healthcare mutual fund have on its future price. Gabelli Healthcare 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 Healthcare autocorrelation shows the relationship between Gabelli Healthcare mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Gabelli Healthcare.
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 Healthcare 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 Healthcare security.
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