Royce Micro Cap Fund Price on September 17, 2024
| RMCFX Fund | USD 12.65 0.13 1.04% |
Below is the normalized historical share price chart for Royce Micro Cap Fund extending back to November 15, 2002. 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 Royce Micro-cap stands at 12.65, as last reported on the 26th of November, with the highest price reaching 12.65 and the lowest price hitting 12.65 during the day.
If you're considering investing in Royce Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Royce Mutual Fund to be not too volatile. Royce Micro Cap maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Royce Micro Cap, which you can use to evaluate the volatility of the fund. Please check Royce Micro-cap's Coefficient Of Variation of 922.88, semi deviation of 1.14, and Risk Adjusted Performance of 0.0878 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%.
Royce Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Royce |
Sharpe Ratio = 0.1093
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Estimated Market Risk
| 1.48 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Royce Micro-cap is performing at about 8% 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 Royce Micro-cap by adding it to a well-diversified portfolio.
Royce Micro-cap Valuation on September 17, 2024
It is possible to determine the worth of Royce Micro-cap on a given historical date. On September 17, 2024 Royce was worth 11.3 at the beginning of the trading date compared to the closed value of 11.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Royce Micro-cap mutual fund. Still, in general, we apply an absolute valuation method to find Royce 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 Royce Micro-cap where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Royce Micro-cap's related companies.
| Open | High | Low | Close | Volume | |
| 11.20 | 11.20 | 11.20 | 11.20 | 1.00 | |
09/17/2024 | 11.30 | 11.30 | 11.30 | 11.30 | 1.00 |
| 11.28 | 11.28 | 11.28 | 11.28 | 1.00 |
| Backtest Royce Micro-cap | | | Royce Micro-cap History | | | Royce Micro-cap Valuation | Previous | Next |
Royce Micro-cap Trading Date Momentum on September 17, 2024
| On September 18 2024 Royce Micro Cap Fund was traded for 11.28 at the closing time. The highest daily price throughout the period was 11.28 and the lowest price was 11.28 . There was no trading activity during the period 1.0. Lack of trading volume on 09/18/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.18% . The trading delta at closing time to current closing price is 1.33% . |
Royce Micro Cap Fundamentals Correlations and Trends
By evaluating Royce 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 Royce Micro-cap's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Royce financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Royce Micro-cap Mutual Fund history
Royce 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 Royce is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Royce 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 Royce Micro-cap stock prices may prove useful in developing a viable investing in Royce Micro-cap
The fund invests the funds assets primarily in equity securities of micro-cap companies. Normally, the fund invests at least 80 percent of its net assets in equity securities of micro-cap companies. Although the fund normally focuses on securities of U.S. companies, it may invest up to 25 percent of its net assets in securities of companies headquartered in foreign countries.
Royce Micro-cap Mutual Fund Technical Analysis
Royce 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
Royce Micro-cap Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Royce 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.
Royce Micro-cap November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Royce 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 Royce Micro-cap shares will generate the highest return on investment. By undertsting and applying Royce Micro-cap mutual fund market strength indicators, traders can identify Royce Micro Cap Fund entry and exit signals to maximize returns
Royce Micro-cap Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Royce Micro-cap's price direction in advance. Along with the technical and fundamental analysis of Royce Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Royce 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 | 0.0878 | |||
| Jensen Alpha | 0.1174 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0266 | |||
| Treynor Ratio | 0.5001 |
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| Volume Indicators |
Other Information on Investing in Royce Mutual Fund
Royce Micro-cap financial ratios help investors to determine whether Royce 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 Royce with respect to the benefits of owning Royce Micro-cap security.
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