Oberweis Micro Cap Fund Price on November 27, 2024
| OMCIX Fund | USD 43.65 0.93 2.09% |
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 stands at 43.65, as last reported on the 25th of February, with the highest price reaching 43.65 and the lowest price hitting 43.65 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 maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the entity had a -0.13 % return per unit of risk over the last 3 months. Oberweis Micro Cap exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oberweis Micro's Coefficient Of Variation of (2,548), risk adjusted performance of (0.02), and Variance of 2.09 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 = -0.1342
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| Negative Returns | OMCIX |
Estimated Market Risk
| 1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Oberweis Micro 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 Micro by adding Oberweis Micro to a well-diversified portfolio.
Oberweis Micro Valuation on November 27, 2024
It is possible to determine the worth of Oberweis Micro on a given historical date. On November 27, 2024 Oberweis was worth 50.27 at the beginning of the trading date compared to the closed value of 50.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oberweis Micro mutual fund. Still, in general, we apply an absolute valuation method to find Oberweis Micro'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oberweis Micro's related companies.
| Open | High | Low | Close | Volume | |
| 50.41 | 50.41 | 50.41 | 50.41 | 1.00 | |
11/27/2024 | 50.27 | 50.27 | 50.27 | 50.27 | 1.00 |
| 50.50 | 50.50 | 50.50 | 50.50 | 1.00 |
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Oberweis Micro Trading Date Momentum on November 27, 2024
| On November 29 2024 Oberweis Micro Cap Fund was traded for 50.50 at the closing time. The highest daily price throughout the period was 50.50 and the lowest price was 50.50 . There was no trading activity during the period 1.0. Lack of trading volume on 11/29/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.46% . The trading delta at closing time to current closing price is 2.29% . |
Oberweis Micro Cap Fundamentals Correlations and Trends
By evaluating Oberweis Micro'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'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 Mutual Fund history
Oberweis Micro 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 stock prices may prove useful in developing a viable investing in Oberweis Micro
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 Mutual Fund Technical Analysis
Oberweis Micro 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 Period Price Range
Low | February 25, 2025
| 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 February 25, 2025 Market Strength
Market strength indicators help investors to evaluate how Oberweis Micro 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 shares will generate the highest return on investment. By undertsting and applying Oberweis Micro mutual fund market strength indicators, traders can identify Oberweis Micro Cap Fund entry and exit signals to maximize returns
Oberweis Micro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oberweis Micro'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 | (0.07) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.45) |
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Other Information on Investing in Oberweis Mutual Fund
Oberweis Micro 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 security.
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