Gabelli Equity Correlations

Mutual Funds . USA . 
Fund . The Gabelli Equity
GCIEX Fund  USD 7.39  0.07  0.96%   
The current 90-days correlation between Gabelli Equity and Qs Small Capitalization is 0.92 (i.e., Almost no diversification). The correlation of Gabelli Equity is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Gabelli Equity Correlation With Market

Almost no diversification

The correlation between The Gabelli Equity and DJI is 0.95 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The Gabelli Equity and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in The Gabelli Equity. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in income.

Moving together with Gabelli Mutual Fund

  0.99SRIGX Gabelli Esg FundPairCorr
  0.93GCFSX Gabelli Global FinancialPairCorr
  0.88GCIGX Gamco InternationalPairCorr
  0.96EMACX Enterprise Mergers AndPairCorr
  0.96EMAAX Enterprise Mergers AndPairCorr
  0.95EMAYX Enterprise Mergers AndPairCorr
  0.64GUXPX Gabelli UtilitiesPairCorr
  0.98GVCAX Gabelli ValuePairCorr
  0.98GVCCX Gabelli ValuePairCorr
  0.97GVCIX Gabelli ValPairCorr
  0.97MLGLX Gabelli Media MogulPairCorr
  0.85GEICX Gabelli Equity IncomePairCorr
  0.98GFSIX Gabelli Global FinancialPairCorr
  0.9GGCAX Gabelli GrowthPairCorr
  0.91GGCCX Gabelli GrowthPairCorr
  0.87GGCIX Gabelli GrowthPairCorr
  0.93GGFSX Gabelli Global FinancialPairCorr
  0.93GGGAX Gamco Global GrowthPairCorr
  0.93GGGCX Gamco Global GrowthPairCorr
  0.93GGGIX Gamco Global GrowthPairCorr
  0.83GGMMX Gabelli Global MiniPairCorr
  0.73GGLCX Gamco Global OpportunityPairCorr
  0.87MOGLX Gabelli Media MogulPairCorr
  0.93GICPX Gamco Global GrowthPairCorr
  0.93GIGRX Gamco InternationalPairCorr
  0.95EAAAX Enterprise Mergers AndPairCorr
  0.73GLOIX Gamco Global OpportunityPairCorr
  0.91DRCVX Comstock Capital ValuePairCorr
  0.83GMNAX Gabelli Global MiniPairCorr
  0.83GMNCX Gabelli Global MiniPairCorr
  0.82COMVX Comstock Capital ValuePairCorr
  0.73GOCAX Gamco Global OpportunityPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Gabelli Mutual Fund performing well and Gabelli Equity Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Gabelli Equity's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY