Driehaus Smallmid Cap Fund Price on September 18, 2024
| DSMDX Fund | USD 20.01 0.44 2.15% |
Below is the normalized historical share price chart for Driehaus Smallmid Cap extending back to May 01, 2020. 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 Small/mid stands at 20.01, as last reported on the 23rd of November, with the highest price reaching 20.01 and the lowest price hitting 20.01 during the day.
If you're considering investing in Driehaus Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Driehaus Mutual Fund to be very steady. Driehaus Smallmid Cap secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the fund had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Driehaus Smallmid Cap, which you can use to evaluate the volatility of the entity. Please confirm Driehaus Small/mid's Downside Deviation of 1.11, coefficient of variation of 662.56, and Mean Deviation of 0.864 to check if the risk estimate we provide is consistent with the expected return of 0.18%.
Driehaus Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Driehaus |
Sharpe Ratio = 0.1434
| Best Portfolio | Best Equity | |||
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| Small Returns | DSMDX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Driehaus Small/mid is performing at about 11% 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 Small/mid by adding it to a well-diversified portfolio.
Driehaus Small/mid Valuation on September 18, 2024
It is possible to determine the worth of Driehaus Small/mid on a given historical date. On September 18, 2024 Driehaus was worth 17.78 at the beginning of the trading date compared to the closed value of 17.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Driehaus Small/mid mutual fund. Still, in general, we apply an absolute valuation method to find Driehaus Small/mid'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 Small/mid where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Driehaus Small/mid's related companies.
| Open | High | Low | Close | Volume | |
| 17.76 | 17.76 | 17.76 | 17.76 | 1.00 | |
09/18/2024 | 17.78 | 17.78 | 17.78 | 17.78 | 1.00 |
| 18.21 | 18.21 | 18.21 | 18.21 | 1.00 |
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Driehaus Small/mid Trading Date Momentum on September 18, 2024
| On September 19 2024 Driehaus Smallmid Cap was traded for 18.21 at the closing time. The highest daily price throughout the period was 18.21 and the lowest price was 18.21 . There was no trading activity during the period 1.0. Lack of trading volume on 09/19/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 2.42% . The overall trading delta to current closing price is 3.21% . |
Driehaus Smallmid Cap Fundamentals Correlations and Trends
By evaluating Driehaus Small/mid'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 Small/mid'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 Small/mid Mutual Fund history
Driehaus Small/mid 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 Smallmid 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 Small/mid stock prices may prove useful in developing a viable investing in Driehaus Small/mid
Under normal market conditions, the fund invests at least 80 percent of its net assets in the equity securities of U.S. small-capitalized and U.S. medium-capitalized companies. In addition, while it will invest primarily in the equity securities of U.S. SmallMid cap companies, the fund may also from time to time invest up to a maximum of 20 percent of its assets in the equity securities of non-U.S. companies that trade in the U.S. or in securities of companies above the capitalization range of the Russell 2500 Growth Index.
Driehaus Small/mid Mutual Fund Technical Analysis
Driehaus Small/mid 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 Small/mid Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Driehaus Smallmid 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 Small/mid November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Driehaus Small/mid 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 Small/mid shares will generate the highest return on investment. By undertsting and applying Driehaus Small/mid mutual fund market strength indicators, traders can identify Driehaus Smallmid Cap entry and exit signals to maximize returns
Driehaus Small/mid Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Driehaus Small/mid'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 | 0.1193 | |||
| Jensen Alpha | 0.1311 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0444 | |||
| Treynor Ratio | 0.5262 |
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Other Information on Investing in Driehaus Mutual Fund
Driehaus Small/mid 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 Small/mid security.
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