Needham Small Cap Fund Manager Performance Evaluation
| NESGX Fund | USD 18.96 0.18 0.96% |
The fund secures a Beta (Market Risk) of 1.58, which conveys 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, Needham Small will likely underperform.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Needham Small Cap are ranked lower than 6 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak technical and fundamental indicators, Needham Small may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more| Expense Ratio Date | 28th of April 2023 | |
| Expense Ratio | 1.8300 |
Needham |
Needham Small Relative Risk vs. Return Landscape
If you would invest 1,761 in Needham Small Cap on September 1, 2024 and sell it today you would earn a total of 135.00 from holding Needham Small Cap or generate 7.67% return on investment over 90 days. Needham Small Cap is currently producing 0.1267% returns and takes up 1.5136% volatility of returns over 90 trading days. Put another way, 13% of traded mutual funds are less volatile than Needham, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Needham Small Current Valuation
Fairly Valued
Today
Please note that Needham Small's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Needham Small Cap secures a last-minute Real Value of $18.75 per share. The latest price of the fund is $18.96. We determine the value of Needham Small Cap from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Needham Small is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Needham Mutual Fund. However, Needham Small'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 18.96 | Real 18.75 | Hype 18.96 | Naive 19.0 |
The intrinsic value of Needham Small'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 Needham Small'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 Needham Small Cap helps investors to forecast how Needham 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 Needham Small more accurately as focusing exclusively on Needham Small's fundamentals will not take into account other important factors: Needham Small Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Needham Small's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Needham Small Cap, and traders can use it to determine the average amount a Needham Small'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 = 0.0837
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | NESGX | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.51 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Needham Small is performing at about 6% 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 Needham Small by adding it to a well-diversified portfolio.
Needham Small Fundamentals Growth
Needham Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Needham Small, and Needham Small 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 Needham Mutual Fund performance.
| Price To Earning | 23.26 X | ||||
| Price To Book | 1.54 X | ||||
| Price To Sales | 0.85 X | ||||
| Total Asset | 55.49 M | ||||
About Needham Small Performance
Evaluating Needham Small's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Needham Small 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 Needham Small 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.
Under normal conditions, the fund invests at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of domestic issuers listed on a nationally recognized securities exchange that have market capitalizations not exceeding 8 billion.Things to note about Needham Small Cap performance evaluation
Checking the ongoing alerts about Needham Small for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Needham Small 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 generated three year return of -6.0% | |
| Needham Small Cap maintains 98.35% of its assets in stocks |
- Analyzing Needham Small'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 Needham Small's stock is overvalued or undervalued compared to its peers.
- Examining Needham Small'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 Needham Small's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Needham Small's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Needham Small's mutual fund. These opinions can provide insight into Needham Small's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Needham Mutual Fund
Needham Small financial ratios help investors to determine whether Needham 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 Needham with respect to the benefits of owning Needham Small security.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |