Hodges Small Cap Fund Price on September 30, 2024
| HDPSX Fund | USD 26.10 0.04 0.15% |
Below is the normalized historical share price chart for Hodges Small Cap extending back to December 19, 2007. 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 Hodges Small stands at 26.10, as last reported on the 29th of November, with the highest price reaching 26.10 and the lowest price hitting 26.10 during the day.
If you're considering investing in Hodges Mutual Fund, it is important to understand the factors that can impact its price. Hodges Small appears to be very steady, given 3 months investment horizon. Hodges Small Cap holds Efficiency (Sharpe) Ratio of 0.23, which attests that the entity had a 0.23% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Hodges Small Cap, which you can use to evaluate the volatility of the entity. Please utilize Hodges Small's Downside Deviation of 1.12, risk adjusted performance of 0.1215, and Market Risk Adjusted Performance of 0.1427 to validate if our risk estimates are consistent with your expectations.
Hodges Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Hodges |
Sharpe Ratio = 0.225
| Best Portfolio | Best Equity | |||
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| Small Returns | HDPSX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.17 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Hodges Small 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 Hodges Small by adding it to a well-diversified portfolio.
Hodges Small Valuation on September 30, 2024
It is possible to determine the worth of Hodges Small on a given historical date. On September 30, 2024 Hodges was worth 23.25 at the beginning of the trading date compared to the closed value of 23.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hodges Small mutual fund. Still, in general, we apply an absolute valuation method to find Hodges Small'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 Hodges Small where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hodges Small's related companies.
| Open | High | Low | Close | Volume | |
| 23.29 | 23.29 | 23.29 | 23.29 | 1.00 | |
09/30/2024 | 23.25 | 23.25 | 23.25 | 23.25 | 1.00 |
| 23.06 | 23.06 | 23.06 | 23.06 | 1.00 |
| Backtest Hodges Small | | | Hodges Small History | | | Hodges Small Valuation | Previous | Next |
Hodges Small Trading Date Momentum on September 30, 2024
| On October 01 2024 Hodges Small Cap was traded for 23.06 at the closing time. The highest daily price throughout the period was 23.06 and the lowest price was 23.06 . There was no trading activity during the period 1.0. Lack of trading volume on 10/01/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.82% . The trading delta at closing time to current closing price is 0.90% . |
Hodges Small Cap Fundamentals Correlations and Trends
By evaluating Hodges Small'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 Hodges Small's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hodges financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hodges Small Mutual Fund history
Hodges Small 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 Hodges is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hodges Small 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 Hodges Small stock prices may prove useful in developing a viable investing in Hodges Small
Under normal market conditions, the fund invests at least 80 percent of its net assets in the stocks of small capitalization companies. The adviser defines small cap companies as those whose market capitalization, at the time of purchase, are consistent with the market capitalizations of companies in the Russell 2000 Index.
Hodges Small Mutual Fund Technical Analysis
Hodges Small 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
Hodges Small Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Hodges Small 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.
Hodges Small November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Hodges Small 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 Hodges Small shares will generate the highest return on investment. By undertsting and applying Hodges Small mutual fund market strength indicators, traders can identify Hodges Small Cap entry and exit signals to maximize returns
Hodges Small Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hodges Small's price direction in advance. Along with the technical and fundamental analysis of Hodges Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hodges 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 | 0.1215 | |||
| Jensen Alpha | 0.0238 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0598 | |||
| Treynor Ratio | 0.1327 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Hodges Mutual Fund
Hodges Small financial ratios help investors to determine whether Hodges 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 Hodges with respect to the benefits of owning Hodges Small security.
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