Oberweis Emerging Markets Fund Price on November 8, 2024
OBEMX Fund | USD 9.59 0.00 0.00% |
If you're considering investing in Oberweis Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Oberweis Emerging stands at 9.59, as last reported on the 28th of November, with the highest price reaching 9.59 and the lowest price hitting 9.59 during the day. Oberweis Emerging Markets maintains Sharpe Ratio (i.e., Efficiency) of -0.11, which implies the entity had a -0.11% return per unit of risk over the last 3 months. Oberweis Emerging Markets exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oberweis Emerging's Risk Adjusted Performance of (0.07), variance of 9.09, and Coefficient Of Variation of (940.82) to confirm the risk estimate we provide.
Oberweis Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Oberweis |
Sharpe Ratio = -0.1063
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Estimated Market Risk
3.02 actual daily | 26 74% of assets are more volatile |
Expected Return
-0.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Oberweis 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 Oberweis Emerging by adding Oberweis Emerging to a well-diversified portfolio.
Oberweis Emerging Valuation on November 8, 2024
It is possible to determine the worth of Oberweis Emerging on a given historical date. On November 8, 2024 Oberweis was worth 9.6 at the beginning of the trading date compared to the closed value of 9.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oberweis Emerging mutual fund. Still, in general, we apply an absolute valuation method to find Oberweis 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 Oberweis Emerging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oberweis Emerging's related companies.
Open | High | Low | Close | Volume | |
9.60 | 9.60 | 9.60 | 9.60 | 1.00 | |
11/08/2024 | 9.60 | 9.60 | 9.60 | 9.60 | 1.00 |
9.60 | 9.60 | 9.60 | 9.60 | 1.00 |
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Oberweis Emerging Trading Date Momentum on November 8, 2024
On November 11 2024 Oberweis Emerging Markets was traded for 9.60 at the closing time. The highest daily price throughout the period was 9.60 and the lowest price was 9.60 . There was no trading activity during the period 1.0. Lack of trading volume on 11/11/2024 did not cause price change. The trading delta at closing time to current closing price is 0.10% . |
Oberweis Emerging Markets Fundamentals Correlations and Trends
By evaluating Oberweis 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 Oberweis Emerging's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Oberweis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Oberweis Emerging Mutual Fund history
Oberweis 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 Oberweis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oberweis 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 Oberweis Emerging stock prices may prove useful in developing a viable investing in Oberweis Emerging
The fund invests, under normal circumstances, at least 80 percent of its net assets in securities of companies based in emerging markets. Oberweis Emerging is traded on NASDAQ Exchange in the United States.
Oberweis Emerging Mutual Fund Technical Analysis
Oberweis 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
Oberweis Emerging Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Oberweis 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.
Oberweis Emerging November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Oberweis 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 Oberweis Emerging shares will generate the highest return on investment. By undertsting and applying Oberweis Emerging mutual fund market strength indicators, traders can identify Oberweis Emerging Markets entry and exit signals to maximize returns
Oberweis Emerging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oberweis Emerging's price direction in advance. Along with the technical and fundamental analysis of Oberweis Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oberweis 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 | (0.07) | |||
Jensen Alpha | (0.30) | |||
Total Risk Alpha | (0.78) | |||
Treynor Ratio | 1.36 |
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Volume Indicators |
Other Information on Investing in Oberweis Mutual Fund
Oberweis Emerging financial ratios help investors to determine whether Oberweis 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 Oberweis with respect to the benefits of owning Oberweis Emerging security.
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