Perritt Ultra Microcap Fund Quote
Perritt Ultra is trading at 15.63 as of the 25th of November 2024; that is No Change since the beginning of the trading day. The fund's open price was 15.63. Equity ratings for Perritt Ultra Microcap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Perritt Mutual Fund Highlights
| Fund Concentration | Perritt Funds, Large Funds, Small Blend Funds, Small Blend, Perritt (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 28th of February 2023 |
| Fiscal Year End | October |
Perritt Ultra Microcap [PREOX] is traded in USA and was established 25th of November 2024. Perritt Ultra is listed under Perritt category by Fama And French industry classification. The fund is listed under Small Blend category and is part of Perritt family. This fund at this time has accumulated 11.55 M in assets with minimum initial investment of 1 K. Perritt Ultra Microcap is currently producing year-to-date (YTD) return of 1.19%, while the total return for the last 3 years was -7.04%.
Check Perritt Ultra Probability Of Bankruptcy
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 Perritt 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 Perritt 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 Perritt Ultra Microcap 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 Perritt Ultra Microcap Mutual Fund Constituents
| GWRS | Global Water Resources | Stock | Utilities | |
| QRHC | Quest Resource Holding | Stock | Industrials | |
| PCTI | PC Tel Inc | Stock | Information Technology | |
| NSSC | NAPCO Security Technologies | Stock | Information Technology | |
| III | Information Services Group | Stock | Industrials | |
| ADUS | Addus HomeCare | Stock | Health Care | |
| SACH | Sachem Capital Corp | Stock | Financials | |
| TRNS | Transcat | Stock | Industrials |
Perritt Ultra Microcap Risk Profiles
| Mean Deviation | 0.8898 | |||
| Standard Deviation | 1.25 | |||
| Variance | 1.57 | |||
| Risk Adjusted Performance | (0.01) |
Perritt Ultra Against Markets
Perritt Ultra Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Perritt Ultra mutual fund to make a market-neutral strategy. Peer analysis of Perritt Ultra could also be used in its relative valuation, which is a method of valuing Perritt Ultra by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Other Information on Investing in Perritt Mutual Fund
Perritt Ultra financial ratios help investors to determine whether Perritt Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Perritt with respect to the benefits of owning Perritt Ultra security.
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