Gabelli Gold Fund Cash Position Weight
| GLDAX Fund | USD 19.95 0.10 0.50% |
Gabelli Gold Fund fundamentals help investors to digest information that contributes to Gabelli Gold's financial success or failures. It also enables traders to predict the movement of Gabelli Mutual Fund. The fundamental analysis module provides a way to measure Gabelli Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Gabelli Gold mutual fund.
Gabelli |
Gabelli Gold Fund Mutual Fund Cash Position Weight Analysis
Gabelli Gold's Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Current Gabelli Gold Cash Position Weight | 0.18 % |
Most of Gabelli Gold's fundamental indicators, such as Cash Position Weight, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Gabelli Gold Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
| Competition |
In accordance with the recently published financial statements, Gabelli Gold Fund has 0.18% in Cash Position Weight. This is 5.88% higher than that of the Gabelli family and significantly higher than that of the Equity Precious Metals category. The cash position weight for all United States funds is notably lower than that of the firm.
Gabelli Cash Position Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Gabelli Gold's direct or indirect competition against its Cash Position Weight to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Gabelli Gold could also be used in its relative valuation, which is a method of valuing Gabelli Gold by comparing valuation metrics of similar companies.Gabelli Gold is currently under evaluation in cash position weight among similar funds.
Fund Asset Allocation for Gabelli Gold
The fund invests 99.74% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (0.18%) and various exotic instruments (0.08%).Asset allocation divides Gabelli Gold's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Gabelli Fundamentals
| Price To Earning | 27.33 X | |||
| Price To Book | 1.76 X | |||
| Price To Sales | 3.12 X | |||
| Total Asset | 18.68 M | |||
| Annual Yield | 0.01 % | |||
| Year To Date Return | 7.74 % | |||
| One Year Return | (3.87) % | |||
| Three Year Return | (2.10) % | |||
| Five Year Return | 11.40 % | |||
| Ten Year Return | (0.39) % | |||
| Net Asset | 336.68 M | |||
| Last Dividend Paid | 0.36 | |||
| Cash Position Weight | 0.18 % | |||
| Equity Positions Weight | 99.74 % |
About Gabelli Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Gabelli Gold Fund's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gabelli Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gabelli Gold Fund based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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