Gabelli Etf Profile

GGRW
 Etf
  

USD 18.29  0.51  2.71%   

Market Performance
6 of 100
Odds Of Distress
Over 66
Gabelli Growth is selling for under 18.29 as of the 9th of August 2022; that is -2.71 percent decrease since the beginning of the trading day. The etf's lowest day price was 17.14. Gabelli Growth has more than 66 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Gabelli Growth Innovators are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of July 2022 and ending today, the 9th of August 2022. Click here to learn more.
The fund will primarily invest in common stocks of companies that are relevant to its investment theme of innovation. Gabelli Growth is traded on NYSEArca Exchange in the United States. More on Gabelli Growth Innovators
Gabelli Growth Innovators cannot be verified against its exchange. It appears that Gabelli Growth is not available for investing at the moment. Please verify the symbol is currently traded on NYSEArca Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.
Refresh

Gabelli Growth Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Gabelli Growth's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Gabelli Growth or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Gabelli Growth is not yet fully synchronised with the market data
Gabelli Growth has high likelihood to experience some financial distress in the next 2 years
The fund retains all of its assets under management (AUM) in equities
Thematic IdeaTech Funds (view all)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Gabelli Growth's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedFairly Valued
IssuerGabelli Funds
DescriptionGabelli Growth Innovators ETF
Inception Date2021-02-16
Entity TypeRegulated Investment Company
Asset Under Management2.92 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorGabelli Funds, LLC
CustodianThe Bank of New York Mellon Corporation
DistributorG.distributors, LLC
Portfolio ManagerHoward F. Ward, Christopher D. Ward
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Dec
ExchangeNYSE Arca, Inc.
Market MakerGTS
Total Expense0.9
Management Fee0.9
Nav Price17.91
Two Hundred Day Average21.83
Ytd-35.16%
Average Daily Volume In Three Month326
Fifty Two Week Low14.85
As Of Date22nd of July 2022
Average Daily Volume Last 10 Day60.0
Fifty Two Week High28.96
One Month8.69%
Fifty Day Average16.7
Three Month-11.48%
Gabelli Growth Innovators [GGRW] is traded in USA and was established 2021-02-16. The fund is listed under Technology category and is part of Gabelli family. The entity is thematically classified as Tech Funds. Gabelli Growth Innovators currently have 2.44 M in assets under management (AUM). , while the total return for the last year was -33.39%.
Check Gabelli Growth Probability Of Bankruptcy

Gabelli Growth Against Markets

Picking the right benchmark for Gabelli Growth etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Gabelli Growth etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Gabelli Growth is critical whether you are bullish or bearish towards Gabelli Growth Innovators at a given time.
Gabelli Growth Innovators cannot be verified against its exchange. It appears that Gabelli Growth is not available for investing at the moment. Please verify the symbol is currently traded on NYSEArca Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.
Refresh

Try Other Etf Suggestions

Be your own money manager

Our tools can tell you how much better you can do entering a position in Gabelli Growth without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Balance Of Power Now

   

Balance Of Power

Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
All  Next Launch Module

Invested in Gabelli Growth Innovators?

You need to understand the risk of investing before taking a position in Gabelli Growth. The danger of trading Gabelli Growth Innovators is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Gabelli Growth is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Gabelli Growth. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Gabelli Growth Innovators is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Risk vs Return Analysis. Note that the Gabelli Growth Innovators information on this page should be used as a complementary analysis to other Gabelli Growth's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Gabelli Etf analysis

When running Gabelli Growth Innovators price analysis, check to measure Gabelli Growth's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gabelli Growth is operating at the current time. Most of Gabelli Growth's value examination focuses on studying past and present price action to predict the probability of Gabelli Growth's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Gabelli Growth's price. Additionally, you may evaluate how the addition of Gabelli Growth to your portfolios can decrease your overall portfolio volatility.
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
The market value of Gabelli Growth Innovators is measured differently than its book value, which is the value of Gabelli that is recorded on the company's balance sheet. Investors also form their own opinion of Gabelli Growth's value that differs from its market value or its book value, called intrinsic value, which is Gabelli Growth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gabelli Growth's market value can be influenced by many factors that don't directly affect Gabelli Growth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gabelli Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine Gabelli Growth value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gabelli Growth'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.