ENTERPRISE Mutual Fund Quote

EAAAX
 Fund
  

USD 14.04  0.02  0.14%   

Market Performance
0 of 100
Odds Of Distress
Less than 33
ENTERPRISE MERGERS is trading at 14.04 as of the 9th of December 2022; that is -0.14% down since the beginning of the trading day. The fund's open price was 14.06. ENTERPRISE MERGERS has about a 33 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for ENTERPRISE MERGERS AND are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of November 2022 and ending today, the 9th of December 2022. Click here to learn more.
CUSIP
362402109
ISIN
US3624021099
Fiscal Year End
October
The advisor intends to invest primarily in equity securities of companies believed to be likely acquisition targets within twelve to eighteen months. Gabelli Enterprise is traded on NASDAQ Exchange in the United States. More on ENTERPRISE MERGERS AND

Moving together with ENTERPRISE MERGERS

+0.65BACBank Of America Sell-off TrendPairCorr
+0.96AXPAmerican Express Sell-off TrendPairCorr

Moving against ENTERPRISE MERGERS

-0.9USPSXProFunds UltraShort Steady GrowthPairCorr
-0.9USPIXProFunds UltraShort Steady GrowthPairCorr

ENTERPRISE MERGERS Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ENTERPRISE MERGERS's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ENTERPRISE MERGERS or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ENTERPRISE MERGERS generated a negative expected return over the last 90 days
The fund generated three year return of -1.0%
ENTERPRISE MERGERS AND retains 97.29% of its assets under management (AUM) in equities
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 ENTERPRISE MERGERS's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
Startdate28th of February 2001
ENTERPRISE MERGERS AND [EAAAX] is traded in USA and was established 9th of December 2022. The fund is listed under Event Driven category and is part of Gabelli family. ENTERPRISE MERGERS AND currently has accumulated 76.65 M in assets under management (AUM) with no minimum investment requirements, while the total return for the last 3 years was -1.07%.
Check ENTERPRISE MERGERS Probability Of Bankruptcy

Instrument Allocation

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ENTERPRISE Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ENTERPRISE Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ENTERPRISE MERGERS AND Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top ENTERPRISE MERGERS AND Mutual Fund Constituents

ENTERPRISE MERGERS Target Price Odds Analysis

Based on a normal probability distribution, the odds of ENTERPRISE MERGERS jumping above the current price in 90 days from now is about 12.17%. The ENTERPRISE MERGERS AND probability density function shows the probability of ENTERPRISE MERGERS mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon ENTERPRISE MERGERS has a beta of 0.6095 suggesting as returns on the market go up, ENTERPRISE MERGERS average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ENTERPRISE MERGERS AND will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. ENTERPRISE MERGERS AND is significantly underperforming NYSE Composite.
  Odds Below 14.04HorizonTargetOdds Above 14.04
87.58%90 days
 14.04 
12.17%
Based on a normal probability distribution, the odds of ENTERPRISE MERGERS to move above the current price in 90 days from now is about 12.17 (This ENTERPRISE MERGERS AND probability density function shows the probability of ENTERPRISE Mutual Fund to fall within a particular range of prices over 90 days) .

ENTERPRISE MERGERS AND Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ENTERPRISE MERGERS market risk premium is the additional return an investor will receive from holding ENTERPRISE MERGERS long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ENTERPRISE MERGERS. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ENTERPRISE MERGERS's alpha and beta are two of the key measurements used to evaluate ENTERPRISE MERGERS's performance over the market, the standard measures of volatility play an important role as well.

ENTERPRISE MERGERS Against Markets

Picking the right benchmark for ENTERPRISE MERGERS mutual fund 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 ENTERPRISE MERGERS mutual fund 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 ENTERPRISE MERGERS is critical whether you are bullish or bearish towards ENTERPRISE MERGERS AND at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ENTERPRISE MERGERS without increasing your portfolio risk or giving up the 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.

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Invested in ENTERPRISE MERGERS AND?

The danger of trading ENTERPRISE MERGERS AND is mainly related to its market volatility and Mutual Fund 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 ENTERPRISE MERGERS 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 ENTERPRISE MERGERS. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ENTERPRISE MERGERS AND 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.
Continue to Investing Opportunities. Note that the ENTERPRISE MERGERS AND information on this page should be used as a complementary analysis to other ENTERPRISE MERGERS'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for ENTERPRISE Mutual Fund analysis

When running ENTERPRISE MERGERS AND price analysis, check to measure ENTERPRISE MERGERS'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 ENTERPRISE MERGERS is operating at the current time. Most of ENTERPRISE MERGERS's value examination focuses on studying past and present price action to predict the probability of ENTERPRISE MERGERS's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ENTERPRISE MERGERS's price. Additionally, you may evaluate how the addition of ENTERPRISE MERGERS to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between ENTERPRISE MERGERS's value and its price as these two are different measures arrived at by different means. Investors typically determine ENTERPRISE MERGERS value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ENTERPRISE MERGERS'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.