Oberweis China Opportunities Fund Price on October 12, 2023
| OCHIX Fund | USD 7.30 0.06 0.82% |
Below is the normalized historical share price chart for Oberweis China Opportunities extending back to May 01, 2017. 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 China stands at 7.30, as last reported on the 11th of December 2024, with the highest price reaching 7.30 and the lowest price hitting 7.30 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 somewhat reliable. Oberweis China Oppor maintains Sharpe Ratio (i.e., Efficiency) of 0.0789, which implies the entity had a 0.0789% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Oberweis China Oppor, which you can use to evaluate the volatility of the fund. Please check Oberweis China's Coefficient Of Variation of 748.84, semi deviation of 2.05, and Risk Adjusted Performance of 0.1031 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%.
Oberweis Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Oberweis |
Sharpe Ratio = 0.0789
| Best Portfolio | Best Equity | |||
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| Small Returns | OCHIX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.22 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Oberweis China is performing at about 6% 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 Oberweis China by adding it to a well-diversified portfolio.
Oberweis China Valuation on October 12, 2023
It is possible to determine the worth of Oberweis China on a given historical date. On October 12, 2023 Oberweis was worth 6.75 at the beginning of the trading date compared to the closed value of 6.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oberweis China mutual fund. Still, in general, we apply an absolute valuation method to find Oberweis China'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 China where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oberweis China's related companies.
| Open | High | Low | Close | Volume | |
| 6.76 | 6.76 | 6.76 | 6.76 | 1.00 | |
10/12/2023 | 6.75 | 6.75 | 6.75 | 6.75 | 1.00 |
| 6.70 | 6.70 | 6.70 | 6.70 | 1.00 |
| Backtest Oberweis China | | | Oberweis China History | | | Oberweis China Valuation | Previous | Next |
Oberweis China Trading Date Momentum on October 12, 2023
| On October 13 2023 Oberweis China Opportunities was traded for 6.70 at the closing time. The highest daily price throughout the period was 6.70 and the lowest price was 6.70 . There was no trading activity during the period 1.0. Lack of trading volume on 10/13/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.74% . The trading delta at closing time to current closing price is 5.19% . |
Oberweis China Oppor Fundamentals Correlations and Trends
By evaluating Oberweis China'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 China'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 China Mutual Fund history
Oberweis China 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 China Oppor 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 China stock prices may prove useful in developing a viable investing in Oberweis China
The fund invests normally at least 80 percent of its net assets in China securities. It invests principally in the common stocks of companies that the funds investment adviser and sub-adviser believe have the potential for significant long-term growth in market value. The fund may invest in Chinese securities acquired through the Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect, as well as equity-linked certificates which are expected to provide the fund exposure to certain classes of shares traded in foreign markets which would otherwise not be available to the fund.
Oberweis China Mutual Fund Technical Analysis
Oberweis China 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 China Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Oberweis China 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 China December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Oberweis China 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 China shares will generate the highest return on investment. By undertsting and applying Oberweis China mutual fund market strength indicators, traders can identify Oberweis China Opportunities entry and exit signals to maximize returns
Oberweis China Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oberweis China'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 | 0.1031 | |||
| Jensen Alpha | 0.3193 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0694 | |||
| Treynor Ratio | (0.72) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Oberweis Mutual Fund
Oberweis China 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 China security.
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