Driehaus Micro Cap Fund Manager Performance Evaluation
| DMCRX Fund | USD 15.66 0.01 0.06% |
The fund shows a Beta (market volatility) of 1.72, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Driehaus Micro will likely underperform.
Risk-Adjusted Performance
13 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Driehaus Micro Cap are ranked lower than 13 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Driehaus Micro showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio Date | 30th of April 2023 | |
| Expense Ratio | 1.4100 |
Driehaus |
Driehaus Micro Relative Risk vs. Return Landscape
If you would invest 1,322 in Driehaus Micro Cap on August 29, 2024 and sell it today you would earn a total of 243.00 from holding Driehaus Micro Cap or generate 18.38% return on investment over 90 days. Driehaus Micro Cap is currently producing 0.277% returns and takes up 1.6312% volatility of returns over 90 trading days. Put another way, 14% of traded mutual funds are less volatile than Driehaus, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Driehaus Micro Current Valuation
Undervalued
Today
Please note that Driehaus Micro's price fluctuation is very steady at this time. At this time, the entity appears to be undervalued. Driehaus Micro Cap shows a prevailing Real Value of $16.29 per share. The current price of the fund is $15.66. We determine the value of Driehaus Micro Cap from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Driehaus Micro is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Driehaus Mutual Fund. However, Driehaus Micro's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 15.66 | Real 16.29 | Hype 15.65 | Naive 15.52 |
The intrinsic value of Driehaus Micro's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Driehaus Micro's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Driehaus Micro Cap helps investors to forecast how Driehaus mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Driehaus Micro more accurately as focusing exclusively on Driehaus Micro's fundamentals will not take into account other important factors: Driehaus Micro Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Driehaus Micro's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Driehaus Micro Cap, and traders can use it to determine the average amount a Driehaus Micro's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1698
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | DMCRX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.63 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Driehaus Micro is performing at about 13% 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 Driehaus Micro by adding it to a well-diversified portfolio.
Driehaus Micro Fundamentals Growth
Driehaus Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Driehaus Micro, and Driehaus Micro fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Driehaus Mutual Fund performance.
| Price To Earning | 30.49 X | |||
| Price To Book | 3.46 X | |||
| Price To Sales | 1.91 X | |||
About Driehaus Micro Performance
Evaluating Driehaus Micro's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Driehaus Micro has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Driehaus Micro has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund uses a growth style of investment in equity securities, including common stocks and other equity securities of issuers. Under normal market conditions, it invests at least 80 percent of its net assets in the equity securities of U.S. micro-capitalization companies. For purposes of the fund, the investment adviser considers a company to be a micro-cap company if it is within the same market capitalization range at the time of investment as those included in the Russell Microcap Growth Index.Things to note about Driehaus Micro Cap performance evaluation
Checking the ongoing alerts about Driehaus Micro for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Driehaus Micro Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains all of its assets under management (AUM) in equities |
- Analyzing Driehaus Micro's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Driehaus Micro's stock is overvalued or undervalued compared to its peers.
- Examining Driehaus Micro's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Driehaus Micro's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Driehaus Micro's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Driehaus Micro's mutual fund. These opinions can provide insight into Driehaus Micro's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Driehaus Mutual Fund
Driehaus Micro financial ratios help investors to determine whether Driehaus 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 Driehaus with respect to the benefits of owning Driehaus Micro security.
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