Oberweis International Opportunities Fund Price on February 23, 2024
| OBIIX Fund | USD 9.39 0.12 1.29% |
Below is the normalized historical share price chart for Oberweis International Opportunities extending back to March 10, 2014. 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 Oberweis International stands at 9.39, as last reported on the 1st of December, with the highest price reaching 9.39 and the lowest price hitting 9.39 during the day.
If you're considering investing in Oberweis Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Oberweis Mutual Fund to be very steady. Oberweis International maintains Sharpe Ratio (i.e., Efficiency) of 0.006, which implies the entity had a 0.006% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Oberweis International, which you can use to evaluate the volatility of the fund. Please check Oberweis International's Coefficient Of Variation of (4,426), risk adjusted performance of (0.02), and Variance of 0.7037 to confirm if the risk estimate we provide is consistent with the expected return of 0.0047%.
Oberweis Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Oberweis |
Sharpe Ratio = 0.006
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | OBIIX |
Estimated Market Risk
| 0.79 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Oberweis International 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 International by adding Oberweis International to a well-diversified portfolio.
Oberweis International Valuation on February 23, 2024
It is possible to determine the worth of Oberweis International on a given historical date. On February 23, 2024 Oberweis was worth 8.73 at the beginning of the trading date compared to the closed value of 8.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oberweis International mutual fund. Still, in general, we apply an absolute valuation method to find Oberweis International'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 International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oberweis International's related companies.
| Open | High | Low | Close | Volume | |
| 8.73 | 8.73 | 8.73 | 8.73 | 1.00 | |
02/23/2024 | 8.73 | 8.73 | 8.73 | 8.73 | 1.00 |
| 8.74 | 8.74 | 8.74 | 8.74 | 1.00 |
| Backtest Oberweis International | | | Oberweis International History | | | Oberweis International Valuation | Previous | Next |
Oberweis International Trading Date Momentum on February 23, 2024
| On February 26 2024 Oberweis International Opportunities was traded for 8.74 at the closing time. The highest daily price throughout the period was 8.74 and the lowest price was 8.74 . There was no trading activity during the period 1.0. Lack of trading volume on 02/26/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.11% . The trading delta at closing time to current closing price is 0.92% . |
Oberweis International Fundamentals Correlations and Trends
By evaluating Oberweis International'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 International'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 International Mutual Fund history
Oberweis International 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 International 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 International stock prices may prove useful in developing a viable investing in Oberweis International
The fund invests normally at least 80 percent of its net assets in securities of companies based outside the United States. Currently, securities based outside the United States include equity securities of companies that are organized under other than U.S. law or that are primarily traded on an exchange or over-the-counter outside of the United States or equity securities of companies that have at least 50 percent of their assets outside of the United States or that derive at least 50 percent of their revenues from business activities outside of the United States.
Oberweis International Mutual Fund Technical Analysis
Oberweis International 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 International Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Oberweis International Opportunities 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 International December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Oberweis International 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 International shares will generate the highest return on investment. By undertsting and applying Oberweis International mutual fund market strength indicators, traders can identify Oberweis International Opportunities entry and exit signals to maximize returns
Oberweis International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oberweis International'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 | (0.02) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.07) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Oberweis Mutual Fund
Oberweis International 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 International security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |