GNT (GAMCO Natural Resources, Gold &ome Trust) 6-1 Month Momentum % : 5.10% (As of Dec. 12, 2024)

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What is GAMCO Natural Resources, Gold &ome Trust 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-12-12), GAMCO Natural Resources, Gold &ome Trust's 6-1 Month Momentum % is 5.10%.

The industry rank for GAMCO Natural Resources, Gold &ome Trust's 6-1 Month Momentum % or its related term are showing as below:

GNT's 6-1 Month Momentum % is ranked better than
65.26% of 1724 companies
in the Asset Management industry
Industry Median: 2.335 vs GNT: 5.10

Competitive Comparison of GAMCO Natural Resources, Gold &ome Trust's 6-1 Month Momentum %

For the Asset Management subindustry, GAMCO Natural Resources, Gold &ome Trust's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

GAMCO Natural Resources, Gold &ome Trust's 6-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, GAMCO Natural Resources, Gold &ome Trust's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where GAMCO Natural Resources, Gold &ome Trust's 6-1 Month Momentum % falls into.

GAMCO Natural Resources, Gold &ome Trust (NYSE:GNT) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %

( Price 1-month ago

Price 6-month ago

- 1 )

100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

GAMCO Natural Resources, Gold &ome Trust (NYSE:GNT) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

GAMCO Natural Resources, Gold &ome Trust 6-1 Month Momentum % Related Terms

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GAMCO Natural Resources, Gold &ome Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

GNTpA.PFD:USA

Address

One Corporate Center, Rye, NY, USA, 10580-1422

Website

https://www.gabelli.com

GAMCO Natural Resources, Gold & Income Trust is a non-diversified closed-end management investment company. The company's primary investment objective is to provide a high level of current income from interest, dividends, and options premiums with its secondary objective being capital appreciation. Under normal market conditions, the company invests majority of its assets in securities of companies principally engaged in the natural resources and gold industries, and also engages in writing covered call options on the underlying equity securities. Its portfolio consists of securities from different sectors such as metals and mining, energy and energy services, specialty chemicals, agriculture, healthcare, machinery, food and beverage, and others.

Executives

John Chester Ball	officer: Treasurer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Agnes Mullady	officer: Treasurer & Secretary	ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein	officer: Secretary	249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn	director
Anthony S. Colavita	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Kuni Nakamura	director	1 MARTIN BUTLER COURT, RYE NY 10580
Bruce N Alpert	officer: President	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Mario J Gabelli	other: Control Person of Adviser	191 MASON STREET, GREENWICH CT 06830
William F Heitmann	director	1095 AVENUE OF THE AMERICAS, ROOM 4140, NEW YORK NY 10036-6797
Michael J Melarkey	director	ONE CORPORATE CENTER, RYE NY 10580
Anthonie C Vanekris	director	ONE CORPORATE CENTER, RYE NY 10580
Fahrenkopf Frank J Jr	director	ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza	director	810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019
Urso Mario D	director	65 EATON SQUARE, LONDON SW UK X0 041101225
Anthony J Colavita	director	ONE CORPORATE CENTER, RYE NY 10580