Needham Small Cap Fund Price on March 1, 2024
If you're considering investing in Needham Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Needham Mutual Fund to be very steady. Needham Small Cap has Sharpe Ratio of 0.0469, which conveys that the entity had a 0.0469% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Needham Small, which you can use to evaluate the volatility of the fund. Please verify Needham Small's Downside Deviation of 1.48, risk adjusted performance of 0.0432, and Mean Deviation of 1.25 to check out if the risk estimate we provide is consistent with the expected return of 0.0725%.
Needham Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Needham |
Sharpe Ratio = 0.0469
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| Cash | Small Risk | NESIX | High Risk | Huge Risk |
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Estimated Market Risk
| 1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Needham Small is performing at about 3% 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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Price Boundaries
Needham Small Period Price Range
Low | January 13, 2025
| High |
0.00 | 0.00 |
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Needham Small January 13, 2025 Market Strength
Market strength indicators help investors to evaluate how Needham Small 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 Needham Small shares will generate the highest return on investment. By undertsting and applying Needham Small mutual fund market strength indicators, traders can identify Needham Small Cap entry and exit signals to maximize returns
Needham Small Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Needham Small's price direction in advance. Along with the technical and fundamental analysis of Needham Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Needham 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 | 0.0432 | |||
| Jensen Alpha | 0.0737 | |||
| Total Risk Alpha | 0.0847 | |||
| Sortino Ratio | 0.0504 | |||
| Treynor Ratio | 0.0662 |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Tools for Needham Mutual Fund
When running Needham Small's price analysis, check to measure Needham Small's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Needham Small is operating at the current time. Most of Needham Small's value examination focuses on studying past and present price action to predict the probability of Needham Small's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Needham Small's price. Additionally, you may evaluate how the addition of Needham Small to your portfolios can decrease your overall portfolio volatility.
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