Jacob Micro Cap Fund Price on August 19, 2024
| JMIGX Fund | USD 26.91 0.24 0.88% |
Below is the normalized historical share price chart for Jacob Micro Cap extending back to January 20, 1998. 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 Jacob Micro stands at 26.91, as last reported on the 16th of December 2024, with the highest price reaching 26.91 and the lowest price hitting 26.91 during the day.
If you're considering investing in Jacob Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Jacob Mutual Fund to be very steady. Jacob Micro Cap holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Jacob Micro Cap, which you can use to evaluate the volatility of the entity. Please check out Jacob Micro's Downside Deviation of 1.23, market risk adjusted performance of 0.223, and Risk Adjusted Performance of 0.1251 to validate if the risk estimate we provide is consistent with the expected return of 0.19%.
Jacob Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Jacob |
Sharpe Ratio = 0.1532
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Estimated Market Risk
| 1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Jacob Micro is performing at about 12% 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 Jacob Micro by adding it to a well-diversified portfolio.
Jacob Micro Valuation on August 19, 2024
It is possible to determine the worth of Jacob Micro on a given historical date. On August 19, 2024 Jacob was worth 24.13 at the beginning of the trading date compared to the closed value of 24.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jacob Micro mutual fund. Still, in general, we apply an absolute valuation method to find Jacob Micro'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 Jacob Micro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jacob Micro's related companies.
| Open | High | Low | Close | Volume | |
| 24.09 | 24.09 | 24.09 | 24.09 | 1.00 | |
08/19/2024 | 24.13 | 24.13 | 24.13 | 24.13 | 1.00 |
| 24.00 | 24.00 | 24.00 | 24.00 | 1.00 |
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Jacob Micro Trading Date Momentum on August 19, 2024
| On August 20 2024 Jacob Micro Cap was traded for 24.00 at the closing time. The highest daily price throughout the period was 24.00 and the lowest price was 24.00 . There was no trading activity during the period 1.0. Lack of trading volume on 08/20/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.54% . The trading delta at closing time to current closing price is 0.08% . |
Jacob Micro Cap Fundamentals Correlations and Trends
By evaluating Jacob Micro'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 Jacob Micro's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jacob financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jacob Micro Mutual Fund history
Jacob Micro 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 Jacob is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jacob 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 Jacob Micro stock prices may prove useful in developing a viable investing in Jacob Micro
The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its assets in micro capitalization companies. Micro capitalization companies are defined as those companies with market capitalizations of less than or equal to 600 million or within the capitalization range of the Russell Micro Cap Growth Index at the time of purchase.
Jacob Micro Mutual Fund Technical Analysis
Jacob Micro 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
Jacob Micro Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Jacob Micro Cap 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.
Jacob Micro December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Jacob Micro 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 Jacob Micro shares will generate the highest return on investment. By undertsting and applying Jacob Micro mutual fund market strength indicators, traders can identify Jacob Micro Cap entry and exit signals to maximize returns
Jacob Micro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jacob Micro's price direction in advance. Along with the technical and fundamental analysis of Jacob Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jacob 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 | 0.1251 | |||
| Jensen Alpha | 0.1155 | |||
| Total Risk Alpha | 0.0434 | |||
| Sortino Ratio | 0.0897 | |||
| Treynor Ratio | 0.213 |
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| Volume Indicators |
Other Information on Investing in Jacob Mutual Fund
Jacob Micro financial ratios help investors to determine whether Jacob 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 Jacob with respect to the benefits of owning Jacob Micro security.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
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| Fundamental Analysis View fundamental data based on most recent published financial statements | |
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