Oberweis Micro-cap Year To Date Return vs. Three Year Return
| OMCIX Fund | USD 50.50 0.23 0.46% |
For Oberweis Micro-cap profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Oberweis Micro-cap to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Oberweis Micro Cap Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Oberweis Micro-cap's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Oberweis Micro Cap Fund over time as well as its relative position and ranking within its peers.
Oberweis |
Oberweis Micro Cap Three Year Return vs. Year To Date Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Oberweis Micro-cap's current stock value. Our valuation model uses many indicators to compare Oberweis Micro-cap value to that of its competitors to determine the firm's financial worth. Oberweis Micro Cap Fund is number one fund in year to date return among similar funds. It also is number one fund in three year return among similar funds reporting about 0.39 of Three Year Return per Year To Date Return. The ratio of Year To Date Return to Three Year Return for Oberweis Micro Cap Fund is roughly 2.57 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Oberweis Micro-cap's earnings, one of the primary drivers of an investment's value.Oberweis Three Year Return vs. Year To Date Return
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Oberweis Micro-cap |
| = | 30.40 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Oberweis Micro-cap |
| = | 11.82 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Oberweis Three Year Return Comparison
Oberweis Micro is currently under evaluation in three year return among similar funds.
Oberweis Micro-cap Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Oberweis Micro-cap, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Oberweis Micro-cap will eventually generate negative long term returns. The profitability progress is the general direction of Oberweis Micro-cap's change in net profit over the period of time. It can combine multiple indicators of Oberweis Micro-cap, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Oberweis Micro-cap. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Oberweis Micro-cap position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Oberweis Micro-cap's important profitability drivers and their relationship over time.
Use Oberweis Micro-cap in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Oberweis Micro-cap position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Oberweis Micro-cap will appreciate offsetting losses from the drop in the long position's value.Oberweis Micro-cap Pair Trading
Oberweis Micro Cap Fund Pair Trading Analysis
The ability to find closely correlated positions to Oberweis Micro-cap could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oberweis Micro-cap when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Oberweis Micro-cap - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Oberweis Micro Cap Fund to buy it.
The correlation of Oberweis Micro-cap is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Oberweis Micro-cap moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oberweis Micro Cap moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Oberweis Micro-cap can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Oberweis Micro-cap position
In addition to having Oberweis Micro-cap in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Health Management Thematic Idea Now
Health Management
Major hospitals and healthcare providers. The Health Management theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Health Management Theme or any other thematic opportunities.
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Other Information on Investing in Oberweis Mutual Fund
To fully project Oberweis Micro-cap's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Oberweis Micro Cap at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Oberweis Micro-cap's income statement, its balance sheet, and the statement of cash flows.
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