Oberweis Funds Fund Price on November 12, 2024
| OFIGX Fund | USD 9.92 0.04 0.40% |
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 Funds stands at 9.92, as last reported on the 28th of November, with the highest price reaching 9.92 and the lowest price hitting 9.92 during the day. Oberweis Funds maintains Sharpe Ratio (i.e., Efficiency) of -0.0692, which implies the entity had a -0.0692% return per unit of risk over the last 3 months. Oberweis Funds exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oberweis Funds' Risk Adjusted Performance of (0.04), variance of 0.7707, and Coefficient Of Variation of (1,850) 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 = -0.0692
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | OFIGX |
Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Oberweis Funds 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 Funds by adding Oberweis Funds to a well-diversified portfolio.
Oberweis Funds Valuation on November 12, 2024
It is possible to determine the worth of Oberweis Funds on a given historical date. On November 12, 2024 Oberweis was worth 9.93 at the beginning of the trading date compared to the closed value of 9.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oberweis Funds mutual fund. Still, in general, we apply an absolute valuation method to find Oberweis Funds' 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 Funds where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oberweis Funds' related companies.
| Open | High | Low | Close | Volume | |
| 10.12 | 10.12 | 10.12 | 10.12 | 1.00 | |
11/12/2024 | 9.93 | 9.93 | 9.93 | 9.93 | 1.00 |
| 9.87 | 9.87 | 9.87 | 9.87 | 1.00 |
| Backtest Oberweis Funds | | | Oberweis Funds History | | | Oberweis Funds Valuation | Previous | Next |
Oberweis Funds Trading Date Momentum on November 12, 2024
| On November 13 2024 Oberweis Funds was traded for 9.87 at the closing time. The highest daily price throughout the period was 9.87 and the lowest price was 9.87 . There was no trading activity during the period 1.0. Lack of trading volume on 11/13/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.60% . The trading delta at closing time to current closing price is 0.40% . |
About Oberweis Funds Mutual Fund history
Oberweis Funds 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 Funds 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 Funds stock prices may prove useful in developing a viable investing in Oberweis Funds
The fund invests, under normal circumstances, 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. It is non-diversified.
Oberweis Funds Mutual Fund Technical Analysis
Oberweis Funds 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 Funds Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Oberweis Funds 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 Funds November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Oberweis Funds 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 Funds shares will generate the highest return on investment. By undertsting and applying Oberweis Funds mutual fund market strength indicators, traders can identify Oberweis Funds entry and exit signals to maximize returns
Oberweis Funds Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oberweis Funds' 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 | (0.04) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.11) |
| 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 Funds 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 Funds security.
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |