Driehaus Emerging Markets Fund Price on June 10, 2024
| DREGX Fund | USD 37.40 0.01 0.03% |
Below is the normalized historical share price chart for Driehaus Emerging Markets extending back to January 26, 2000. 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 Emerging stands at 37.40, as last reported on the 27th of November, with the highest price reaching 37.40 and the lowest price hitting 37.40 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 Emerging Markets secures Sharpe Ratio (or Efficiency) of -0.0441, which denotes the fund had a -0.0441% return per unit of risk over the last 3 months. Driehaus Emerging Markets exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Driehaus Emerging's Variance of 0.7517, mean deviation of 0.6399, and Standard Deviation of 0.867 to check the risk estimate we provide.
Driehaus Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Driehaus |
Sharpe Ratio = -0.0441
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| Negative Returns | DREGX |
Estimated Market Risk
| 0.88 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Driehaus Emerging is not performing at its full potential. However, 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 Emerging by adding Driehaus Emerging to a well-diversified portfolio.
Driehaus Emerging Valuation on June 10, 2024
It is possible to determine the worth of Driehaus Emerging on a given historical date. On June 10, 2024 Driehaus was worth 37.85 at the beginning of the trading date compared to the closed value of 37.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Driehaus Emerging mutual fund. Still, in general, we apply an absolute valuation method to find Driehaus Emerging'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 Emerging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Driehaus Emerging's related companies.
| Open | High | Low | Close | Volume | |
| 37.63 | 37.63 | 37.63 | 37.63 | 1.00 | |
06/10/2024 | 37.85 | 37.85 | 37.85 | 37.85 | 1.00 |
| 37.62 | 37.62 | 37.62 | 37.62 | 1.00 |
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Driehaus Emerging Trading Date Momentum on June 10, 2024
| On June 11 2024 Driehaus Emerging Markets was traded for 37.62 at the closing time. The highest daily price throughout the period was 37.62 and the lowest price was 37.62 . There was no trading activity during the period 1.0. Lack of trading volume on 06/11/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.61% . The overall trading delta to current closing price is 2.09% . |
Driehaus Emerging Markets Fundamentals Correlations and Trends
By evaluating Driehaus Emerging'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 Emerging'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 Emerging Mutual Fund history
Driehaus Emerging 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 Emerging Markets 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 Emerging stock prices may prove useful in developing a viable investing in Driehaus Emerging
The fund uses a growth style of investment in equity securities, including common stocks and other equity securities of issuers, and under normal market conditions, invests substantially all of its net assets in emerging markets companies. There are no specific limitations on the percentage of assets that may be invested in securities of issuers located in any one country at a given time the fund may invest significant assets in any single emerging market country.
Driehaus Emerging Mutual Fund Technical Analysis
Driehaus Emerging 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 Emerging Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Driehaus Emerging Markets 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 Emerging November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Driehaus Emerging 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 Emerging shares will generate the highest return on investment. By undertsting and applying Driehaus Emerging mutual fund market strength indicators, traders can identify Driehaus Emerging Markets entry and exit signals to maximize returns
Driehaus Emerging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Driehaus Emerging'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 | (0.04) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.13) |
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| Volume Indicators |
Other Information on Investing in Driehaus Mutual Fund
Driehaus Emerging 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 Emerging security.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
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