Needham Small Cap Fund Price on April 26, 2024
| NESGX Fund | USD 18.78 0.09 0.48% |
Below is the normalized historical share price chart for Needham Small Cap extending back to May 22, 2002. 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 Needham Small stands at 18.78, as last reported on the 28th of November, with the highest price reaching 18.78 and the lowest price hitting 18.78 during the day.
If you're considering investing in Needham Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Needham Mutual Fund to be very steady. Needham Small Cap has Sharpe Ratio of 0.0231, which conveys that the entity had a 0.0231% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Needham Small, which you can use to evaluate the volatility of the fund. Please verify Needham Small's Risk Adjusted Performance of 0.0244, downside deviation of 1.54, and Mean Deviation of 1.26 to check out if the risk estimate we provide is consistent with the expected return of 0.0379%.
Needham Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Needham |
Sharpe Ratio = 0.0231
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| Negative Returns | NESGX |
Estimated Market Risk
| 1.64 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Needham Small is performing at about 1% 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 Needham Small by adding it to a well-diversified portfolio.
Needham Small Valuation on April 26, 2024
It is possible to determine the worth of Needham Small on a given historical date. On April 26, 2024 Needham was worth 15.76 at the beginning of the trading date compared to the closed value of 15.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Needham Small mutual fund. Still, in general, we apply an absolute valuation method to find Needham 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 Needham Small where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Needham Small's related companies.
| Open | High | Low | Close | Volume | |
| 15.44 | 15.44 | 15.44 | 15.44 | 1.00 | |
04/26/2024 | 15.76 | 15.76 | 15.76 | 15.76 | 1.00 |
| 15.92 | 15.92 | 15.92 | 15.92 | 1.00 |
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Needham Small Trading Date Momentum on April 26, 2024
| On April 29 2024 Needham Small Cap was traded for 15.92 at the closing time. The highest daily price throughout the period was 15.92 and the lowest price was 15.92 . There was no trading activity during the period 1.0. Lack of trading volume on 04/29/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 1.02% . The trading delta at closing time to current closing price is 12.88% . |
Needham Small Cap Fundamentals Correlations and Trends
By evaluating Needham 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 Needham Small's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Needham financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Needham Small Mutual Fund history
Needham 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 Needham is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Needham 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 Needham Small stock prices may prove useful in developing a viable investing in Needham Small
Under normal conditions, the fund invests at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of domestic issuers listed on a nationally recognized securities exchange that have market capitalizations not exceeding 8 billion.
Needham Small Mutual Fund Technical Analysis
Needham 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
Needham Small Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Needham 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.
Needham Small November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Needham 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 Needham Small shares will generate the highest return on investment. By undertsting and applying Needham Small mutual fund market strength indicators, traders can identify Needham Small Cap entry and exit signals to maximize returns
Needham Small Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Needham Small's price direction in advance. Along with the technical and fundamental analysis of Needham Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Needham 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 | 0.0244 | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0193 |
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| Volume Indicators |
Other Information on Investing in Needham Mutual Fund
Needham Small financial ratios help investors to determine whether Needham 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 Needham with respect to the benefits of owning Needham Small security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
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