Conestoga Micro Cap Fund Price on December 2, 2024
| CMIRX Fund | USD 8.40 0.02 0.24% |
If you're considering investing in Conestoga Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Conestoga Micro stands at 8.40, as last reported on the 11th of December 2024, with the highest price reaching 8.40 and the lowest price hitting 8.40 during the day. Conestoga Micro appears to be not too volatile, given 3 months investment horizon. Conestoga Micro Cap secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the fund had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Conestoga Micro Cap, which you can use to evaluate the volatility of the entity. Please makes use of Conestoga Micro's Downside Deviation of 1.28, mean deviation of 1.08, and Risk Adjusted Performance of 0.1266 to double-check if our risk estimates are consistent with your expectations.
Conestoga Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Conestoga |
Sharpe Ratio = 0.1717
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Estimated Market Risk
| 1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Conestoga Micro is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Conestoga Micro by adding it to a well-diversified portfolio.
Conestoga Micro Valuation on December 2, 2024
It is possible to determine the worth of Conestoga Micro on a given historical date. On December 2, 2024 Conestoga was worth 8.43 at the beginning of the trading date compared to the closed value of 8.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Conestoga Micro mutual fund. Still, in general, we apply an absolute valuation method to find Conestoga Micro's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Conestoga Micro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Conestoga Micro's related companies.
| Open | High | Low | Close | Volume | |
| 8.37 | 8.37 | 8.37 | 8.37 | 1.00 | |
12/02/2024 | 8.43 | 8.43 | 8.43 | 8.43 | 1.00 |
| 8.41 | 8.41 | 8.41 | 8.41 | 1.00 |
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Conestoga Micro Trading Date Momentum on December 2, 2024
| On December 03 2024 Conestoga Micro Cap was traded for 8.41 at the closing time. The highest daily price throughout the period was 8.41 and the lowest price was 8.41 . There was no trading activity during the period 1.0. Lack of trading volume on 12/03/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.24% . The overall trading delta to current closing price is 0.36% . |
Conestoga Micro Cap Fundamentals Correlations and Trends
By evaluating Conestoga Micro's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Conestoga Micro's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Conestoga financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Conestoga Micro Mutual Fund history
Conestoga Micro investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Conestoga is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Conestoga Micro Cap will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Conestoga Micro stock prices may prove useful in developing a viable investing in Conestoga Micro
Under normal market circumstances, the fund invests at least 80 percent of its net assets in equity securities of micro-capitalization companies. Equity securities include common and preferred stocks, both domestic and foreign, convertible securities, rights, warrants and American depositary receipts . The fund may invest in securities of any market sector and may, from time to time, hold a significant amount of securities of companies within a single sector.
Conestoga Micro Mutual Fund Technical Analysis
Conestoga Micro technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Conestoga Micro Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Conestoga Micro Cap cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Conestoga Micro December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Conestoga Micro mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Conestoga Micro shares will generate the highest return on investment. By undertsting and applying Conestoga Micro mutual fund market strength indicators, traders can identify Conestoga Micro Cap entry and exit signals to maximize returns
Conestoga Micro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Conestoga Micro's price direction in advance. Along with the technical and fundamental analysis of Conestoga Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Conestoga to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1266 | |||
| Jensen Alpha | 0.1903 | |||
| Total Risk Alpha | 0.0042 | |||
| Sortino Ratio | 0.09 | |||
| Treynor Ratio | 0.6653 |
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| Volume Indicators |
Other Information on Investing in Conestoga Mutual Fund
Conestoga Micro financial ratios help investors to determine whether Conestoga 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 Conestoga with respect to the benefits of owning Conestoga Micro security.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |