Needham Small Cap Fund Buy Hold or Sell Recommendation
| NESGX Fund | USD 18.87 0.34 1.83% |
Assuming the 90 days horizon and your highly speculative risk level, our recommendation regarding Needham Small Cap is 'Strong Buy'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Needham Small Cap given historical horizon and risk tolerance towards Needham Small. When Macroaxis issues a 'buy' or 'sell' recommendation for Needham Small Cap, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Needham Small Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Needham and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Needham Small Cap. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in price.
Needham |
Execute Needham Small Buy or Sell Advice
The Needham recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Needham Small Cap. Macroaxis does not own or have any residual interests in Needham Small Cap or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Needham Small's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Analyst Consensus | Not Available | Details |
Needham Small Trading Alerts and Improvement Suggestions
| The fund generated three year return of -8.0% | |
| Needham Small Cap maintains 98.35% of its assets in stocks |
Needham Small Returns Distribution Density
The distribution of Needham Small's historical returns is an attempt to chart the uncertainty of Needham Small's future price movements. The chart of the probability distribution of Needham Small daily returns describes the distribution of returns around its average expected value. We use Needham Small Cap price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Needham Small returns is essential to provide solid investment advice for Needham Small.
| Mean Return | 0.08 | Value At Risk | -2.51 | Potential Upside | 2.90 | Standard Deviation | 1.67 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Needham Small historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Needham Small Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Needham Small or Needham sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Needham Small's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Needham fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 1.64 | |
σ | Overall volatility | 1.63 | |
Ir | Information ratio | -0.03 |
Needham Small Volatility Alert
Needham Small Cap has relatively low volatility with skewness of 0.13 and kurtosis of 0.56. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Needham Small's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Needham Small's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Needham Small Fundamentals Vs Peers
Comparing Needham Small's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Needham Small's direct or indirect competition across all of the common fundamentals between Needham Small and the related equities. This way, we can detect undervalued stocks with similar characteristics as Needham Small or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Needham Small's fundamental indicators could also be used in its relative valuation, which is a method of valuing Needham Small by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Needham Small to competition |
| Fundamentals | Needham Small | Peer Average |
| Price To Earning | 23.26 X | 6.53 X |
| Price To Book | 1.54 X | 0.74 X |
| Price To Sales | 0.85 X | 0.61 X |
| Year To Date Return | 8.85 % | 0.39 % |
| One Year Return | 29.58 % | 4.15 % |
| Three Year Return | (8.46) % | 3.60 % |
| Five Year Return | 9.97 % | 3.24 % |
| Ten Year Return | 12.12 % | 1.79 % |
| Net Asset | 172.08 M | 4.11 B |
| Minimum Initial Investment | 2 K | 976.16 K |
| Cash Position Weight | 1.65 % | 10.61 % |
| Equity Positions Weight | 98.35 % | 63.90 % |
Needham Small Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Needham . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 18.87 | |||
| Day Typical Price | 18.87 | |||
| Price Action Indicator | 0.17 | |||
| Period Momentum Indicator | 0.34 | |||
| Relative Strength Index | 34.33 |
About Needham Small Buy or Sell Advice
When is the right time to buy or sell Needham Small Cap? Buying financial instruments such as Needham Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in Needham Mutual Fund
Needham Small financial ratios help investors to determine whether Needham 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 Needham with respect to the benefits of owning Needham Small security.
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