Oberweis Micro Cap Fund Price on October 24, 2024
| OMCIX Fund | USD 50.50 0.23 0.46% |
Below is the normalized historical share price chart for Oberweis Micro Cap Fund 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 Micro-cap stands at 50.50, as last reported on the 30th of November, with the highest price reaching 50.50 and the lowest price hitting 50.50 during the day.
If you're considering investing in Oberweis Mutual Fund, it is important to understand the factors that can impact its price. Oberweis Micro-cap appears to be very steady, given 3 months investment horizon. Oberweis Micro Cap maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the entity had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Oberweis Micro Cap, which you can use to evaluate the volatility of the fund. Please evaluate Oberweis Micro-cap's Risk Adjusted Performance of 0.1194, coefficient of variation of 665.48, and Semi Deviation of 1.15 to confirm if our risk estimates are consistent with your expectations.
Oberweis Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Oberweis |
Sharpe Ratio = 0.1929
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Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Oberweis Micro-cap is performing at about 15% 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 Micro-cap by adding it to a well-diversified portfolio.
Oberweis Micro-cap Valuation on October 24, 2024
It is possible to determine the worth of Oberweis Micro-cap on a given historical date. On October 24, 2024 Oberweis was worth 44.81 at the beginning of the trading date compared to the closed value of 44.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oberweis Micro-cap mutual fund. Still, in general, we apply an absolute valuation method to find Oberweis Micro-cap'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 Micro-cap where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oberweis Micro-cap's related companies.
| Open | High | Low | Close | Volume | |
| 44.68 | 44.68 | 44.68 | 44.68 | 1.00 | |
10/24/2024 | 44.81 | 44.81 | 44.81 | 44.81 | 1.00 |
| 44.88 | 44.88 | 44.88 | 44.88 | 1.00 |
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Oberweis Micro-cap Trading Date Momentum on October 24, 2024
| On October 25 2024 Oberweis Micro Cap Fund was traded for 44.88 at the closing time. The highest daily price throughout the period was 44.88 and the lowest price was 44.88 . There was no trading activity during the period 1.0. Lack of trading volume on 10/25/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.16% . The trading delta at closing time to current closing price is 1.79% . |
Oberweis Micro Cap Fundamentals Correlations and Trends
By evaluating Oberweis Micro-cap'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 Micro-cap'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 Micro-cap Mutual Fund history
Oberweis Micro-cap 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 Micro 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 Oberweis Micro-cap stock prices may prove useful in developing a viable investing in Oberweis Micro-cap
The fund invests, under normal circumstances, at least 80 percent of its net assets in the securities of very small companies which, at the time of purchase, have a market capitalization within the range of companies represented in the Russell Micro-Cap Growth Index. It invests principally in the common stocks of companies that the funds investment adviser believes have the potential for significant long-term growth in market value.
Oberweis Micro-cap Mutual Fund Technical Analysis
Oberweis Micro-cap 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 Micro-cap Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Oberweis Micro Cap Fund 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 Micro-cap November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Oberweis Micro-cap 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 Micro-cap shares will generate the highest return on investment. By undertsting and applying Oberweis Micro-cap mutual fund market strength indicators, traders can identify Oberweis Micro Cap Fund entry and exit signals to maximize returns
Oberweis Micro-cap Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oberweis Micro-cap'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 | 0.1194 | |||
| Jensen Alpha | 0.0102 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0538 | |||
| Treynor Ratio | 0.1344 |
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| Volume Indicators |
Other Information on Investing in Oberweis Mutual Fund
Oberweis Micro-cap 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 Micro-cap security.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Global Correlations Find global opportunities by holding instruments from different markets |