Driehaus Micro Cap Fund Price on August 19, 2024
| DMCRX Fund | USD 15.79 0.13 0.83% |
Below is the normalized historical share price chart for Driehaus Micro Cap extending back to November 18, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Driehaus Micro stands at 15.79, as last reported on the 30th of November, with the highest price reaching 15.79 and the lowest price hitting 15.79 during the day.
If you're considering investing in Driehaus Mutual Fund, it is important to understand the factors that can impact its price. Driehaus Micro appears to be very steady, given 3 months investment horizon. Driehaus Micro Cap secures Sharpe Ratio (or Efficiency) of 0.22, which denotes the fund had a 0.22% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Driehaus Micro Cap, which you can use to evaluate the volatility of the entity. Please utilize Driehaus Micro's Downside Deviation of 1.5, mean deviation of 1.21, and Coefficient Of Variation of 545.52 to check if our risk estimates are consistent with your expectations.
Driehaus Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Driehaus |
Sharpe Ratio = 0.2207
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | DMCRX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Driehaus Micro is performing at about 17% 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 Driehaus Micro by adding it to a well-diversified portfolio.
Driehaus Micro Valuation on August 19, 2024
It is possible to determine the worth of Driehaus Micro on a given historical date. On August 19, 2024 Driehaus was worth 13.11 at the beginning of the trading date compared to the closed value of 13.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Driehaus Micro mutual fund. Still, in general, we apply an absolute valuation method to find Driehaus 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 Driehaus Micro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Driehaus Micro's related companies.
| Open | High | Low | Close | Volume | |
| 12.89 | 12.89 | 12.89 | 12.89 | 1.00 | |
08/19/2024 | 13.11 | 13.11 | 13.11 | 13.11 | 1.00 |
| 12.97 | 12.97 | 12.97 | 12.97 | 1.00 |
| Backtest Driehaus Micro | | | Driehaus Micro History | | | Driehaus Micro Valuation | Previous | Next |
Driehaus Micro Trading Date Momentum on August 19, 2024
| On August 20 2024 Driehaus Micro Cap was traded for 12.97 at the closing time. The highest daily price throughout the period was 12.97 and the lowest price was 12.97 . There was no trading activity during the period 1.0. Lack of trading volume on 08/20/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.07% . The overall trading delta to current closing price is 0.84% . |
Driehaus Micro Cap Fundamentals Correlations and Trends
By evaluating Driehaus 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 Driehaus Micro's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Driehaus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Driehaus Micro Mutual Fund history
Driehaus 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 Driehaus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Driehaus 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 Driehaus Micro stock prices may prove useful in developing a viable investing in Driehaus Micro
The fund uses a growth style of investment in equity securities, including common stocks and other equity securities of issuers. Under normal market conditions, it invests at least 80 percent of its net assets in the equity securities of U.S. micro-capitalization companies. For purposes of the fund, the investment adviser considers a company to be a micro-cap company if it is within the same market capitalization range at the time of investment as those included in the Russell Microcap Growth Index.
Driehaus Micro Mutual Fund Technical Analysis
Driehaus 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
Driehaus Micro Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Driehaus 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.
Driehaus Micro November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Driehaus 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 Driehaus Micro shares will generate the highest return on investment. By undertsting and applying Driehaus Micro mutual fund market strength indicators, traders can identify Driehaus Micro Cap entry and exit signals to maximize returns
Driehaus Micro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Driehaus Micro's price direction in advance. Along with the technical and fundamental analysis of Driehaus Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Driehaus 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 | 0.1454 | |||
| Jensen Alpha | 0.0684 | |||
| Total Risk Alpha | 0.0164 | |||
| Sortino Ratio | 0.105 | |||
| Treynor Ratio | 0.1679 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Driehaus Mutual Fund
Driehaus Micro financial ratios help investors to determine whether Driehaus 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 Driehaus with respect to the benefits of owning Driehaus Micro security.
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |