Needham Aggressive Growth Fund Manager Performance Evaluation

NEAIX Fund  USD 87.68  2.17  2.54%   
Needham Aggressive's period returns and the standard risk-adjusted performance ratios are summarized. The stock's expected return across the 3 months window is 0.43%.
Risk-Adjusted Performance
0100
17 · Constructive
Compared with the broader market, risk-adjusted returns on Needham Aggressive Growth rank lower than 17% of all funds and fund portfolios over the last 90 days. Comparing this score with sector peers and broader benchmarks adds further context to the ranking. Risk-adjusted performance for Needham Aggressive has been notably positive, with return efficiency well above breakeven. Learn More

Relative Risk vs. Return Landscape

If you had invested $ 6,806 in Needham Aggressive Growth on February 6, 2026 and sold it today, you would have earned $ 1,962 , a return of 28.83% over 90 days. Needham Aggressive Growth is currently producing a 0.4274% return and carries 1.91% volatility of returns over 90 trading days. Stated differently, Needham Aggressive is more volatile than roughly 83% of traded mutual funds, and NEAIX is outperformed by 92% of traded instruments in expected return over the next 90 trading days.
  Expected Return   
       Risk  
This comparison focuses on expected return, realized volatility, and risk efficiency versus the market. It highlights whether the current reward profile compensates for the level of uncertainty assumed. Based on a 90-day horizon, NEAIX generates 2.06 times more return on investment than the market. However, NEAIX is 2.06 times more volatile than its market benchmark. Its risk-adjusted efficiency stands at about 0.22% per unit of risk. Dow Jones Industrial is currently generating roughly 0.0% per unit of risk.

Historical Prices of Needham Aggressive Growth

Below is the normalized historical share price chart for Needham Aggressive Growth extending back to December 30, 2016. 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 Needham Aggressive stands at 87.68, as last reported on the 7th of May, with the highest price reaching 87.68 and the lowest price hitting 87.68 during the day.
Macro event markers
 
Covid
 
Interest Hikes

Target Price Odds to finish over Current Price

For Needham Mutual Fund, the tendency of price to converge toward a long-term average provides a useful forecasting baseline. Investors have relied on this tendency for decades, though persistent mispricings in some instruments suggest additional risk factors. Certain funds show persistent deviations from their intrinsic value estimates, typically explained by the risk investors bear. Applying mean reversion analysis to Needham Mutual Fund helps identify potential entry points when prices are extended.
Current PriceHorizonTarget PriceOdds moving above the current price in 90 days
87.68 90 days 87.68
near 1 %
Based on standard probability analysis, the odds of Needham Aggressive moving above the current price in 90 days from now are near 1 %. Over this horizon, the return distribution for this fund has leaned toward above-current outcomes historically. (The curve highlights the price band where the market has recently concentrated expectations for Needham Mutual Fund over the next 90 days). A narrower shape indicates the market has recently priced Needham Mutual Fund into a more concentrated outcome range.
Based on a 90-day horizon, the mutual fund has the beta coefficient of 1.56 . This indicates when the benchmark rises, NEAIX tends to outperform it on average. However, when benchmark returns turn negative, Needham Aggressive tends to underperform. Additionally, Needham Aggressive Growth has an alpha of 0.3792, implying that it can generate a 0.3792 percent excess return over Dow Jones Industrial after adjusting for the inherent market risk (beta).
   Needham Aggressive Price Density   
       Price  

Predictive Modules for Needham Aggressive

A variety of analytical techniques are available for forecasting Needham Aggressive Growth and the broader fund market. From technical pattern analysis to statistical models, each method contributes a different perspective on Needham Aggressive Growth. A systematic comparison of model outputs provides context to form a more balanced perspective on Needham Aggressive Growth. Refining forecasting methods over time can incrementally improve the quality of decisions made about Needham Aggressive Growth.
The mean reversion principle applied to Needham Aggressive's suggests that neither prolonged outperformance nor underperformance is permanent. Identifying the root cause of Needham Aggressive's price dislocation is essential before acting on a mean reversion signal. The mean reversion tendency in Needham Aggressive's price is a well-documented phenomenon in academic research. In many cases, Needham Aggressive's price extremes present statistical patterns that have recurred historically.
Sentiment
Range
LowSentimentHigh
84.9486.8588.76
Details
Intrinsic
Valuation
LowIntrinsicHigh
78.9192.1494.05
Details
Naive
Forecast
LowNextHigh
83.8685.7887.69
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
68.8678.4488.01
Details
Competitive analysis for Needham Aggressive compares its financial performance and valuation metrics against sector peers. Cross-sectional comparison separates idiosyncratic performance from sector-level dynamics. Needham Aggressive's metrics are most informative when compared against the strongest and weakest performers in its sector. Cross-company comparison helps validate or challenge assumptions embedded in Needham Aggressive's current valuation.

Primary Risk Indicators

The past 10-20 years have brought considerable volatility to the mutual fund market, with Needham Aggressive experiencing notable price swings. Needham Aggressive has reflected this volatile environment with periods of significant price swings. Tracking shifts in Needham Aggressive's fundamental risk indicators is one approach to mitigating this exposure. This risk data equips investors with the information needed to adjust Needham Aggressive Growth exposure proactively.
α
Alpha over Dow Jones
0.38
β
Beta against Dow Jones1.56
σ
Overall volatility
5.43
Ir
Information ratio 0.19

Needham Aggressive Fundamentals Growth

Needham Mutual Fund performance is fundamentally tied to Needham Aggressive's financial health and growth outlook. Investors track revenue and earnings growth, margin stability, and balance sheet health for Needham Mutual Fund. The market prices Needham Mutual Fund according to Needham Aggressive's ability to generate revenue and manage debt effectively. Investors evaluating Needham Mutual Fund should focus on Needham Aggressive's earnings quality and revenue momentum.

Performance Metrics & Calculation Methodology

Peer and benchmark comparison for Needham Aggressive frames whether NAV returns reflect category leadership or drift. Tracking difference separates implementation cost from structural return divergence.

Needham Aggressive Growth values are built from fund disclosures and market reference feeds, with reporting definitions aligned before display. Return and risk statistics are calculated from historical price series.

Editorial review and methodology oversight provided by: Michael Smolkin, Member of Macroaxis Board of Directors