Perritt Microcap Opportunities Fund Price on October 3, 2024
| PRCGX Fund | USD 25.99 0.27 1.05% |
Below is the normalized historical share price chart for Perritt Microcap Opportunities extending back to March 10, 1989. 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 Perritt Microcap stands at 25.99, as last reported on the 2nd of December, with the highest price reaching 25.99 and the lowest price hitting 25.99 during the day.
If you're considering investing in Perritt Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Perritt Mutual Fund to be very steady. Perritt Microcap Opp maintains Sharpe Ratio (i.e., Efficiency) of 0.0447, which implies the entity had a 0.0447% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Perritt Microcap Opp, which you can use to evaluate the volatility of the fund. Please check Perritt Microcap's Semi Deviation of 1.73, risk adjusted performance of 0.0215, and Coefficient Of Variation of 4668.29 to confirm if the risk estimate we provide is consistent with the expected return of 0.0681%.
Perritt Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Perritt |
Sharpe Ratio = 0.0447
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| Cash | Small Risk | PRCGX | High Risk | Huge Risk |
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Estimated Market Risk
| 1.52 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
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Perritt Microcap 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 Perritt Microcap by adding it to a well-diversified portfolio.
Perritt Microcap Valuation on October 3, 2024
It is possible to determine the worth of Perritt Microcap on a given historical date. On October 3, 2024 Perritt was worth 25.35 at the beginning of the trading date compared to the closed value of 25.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Perritt Microcap mutual fund. Still, in general, we apply an absolute valuation method to find Perritt Microcap'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 Perritt Microcap where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Perritt Microcap's related companies.
| Open | High | Low | Close | Volume | |
| 25.44 | 25.44 | 25.44 | 25.44 | 1.00 | |
10/03/2024 | 25.35 | 25.35 | 25.35 | 25.35 | 1.00 |
| 25.58 | 25.58 | 25.58 | 25.58 | 1.00 |
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Perritt Microcap Trading Date Momentum on October 3, 2024
| On October 04 2024 Perritt Microcap Opportunities was traded for 25.58 at the closing time. The highest daily price throughout the period was 25.58 and the lowest price was 25.58 . There was no trading activity during the period 1.0. Lack of trading volume on 10/04/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.91% . The trading delta at closing time to current closing price is 2.56% . |
Perritt Microcap Opp Fundamentals Correlations and Trends
By evaluating Perritt Microcap'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 Perritt Microcap's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Perritt financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Perritt Microcap Mutual Fund history
Perritt Microcap 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 Perritt is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Perritt Microcap Opp 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 Perritt Microcap stock prices may prove useful in developing a viable investing in Perritt Microcap
The fund normally invests at least 80 percent of its net assets in the common stocks of United States companies with market capitalizations that are below 500 million at the time of initial purchase, which the funds investment adviser refers to as micro-cap companies. It invests in both value-priced and aggressive growth stocks. It may invest in special situations such as companies that possess valuable patents, companies undergoing restructuring, and companies involved in large share repurchase programs.
Perritt Microcap Mutual Fund Technical Analysis
Perritt Microcap 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
Perritt Microcap Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Perritt Microcap Opportunities 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.
Perritt Microcap December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Perritt Microcap 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 Perritt Microcap shares will generate the highest return on investment. By undertsting and applying Perritt Microcap mutual fund market strength indicators, traders can identify Perritt Microcap Opportunities entry and exit signals to maximize returns
Perritt Microcap Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Perritt Microcap's price direction in advance. Along with the technical and fundamental analysis of Perritt Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Perritt 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 | 0.0215 | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0168 |
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| Volume Indicators |
Other Information on Investing in Perritt Mutual Fund
Perritt Microcap financial ratios help investors to determine whether Perritt 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 Perritt with respect to the benefits of owning Perritt Microcap security.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
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