Perritt Ultra Microcap Price on August 29, 2024
| PREOXDelisted Fund | USD 15.63 0.00 0.00% |
If you're considering investing in Perritt Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Perritt Ultra stands at 15.63, as last reported on the 2nd of December, with the highest price reaching 15.63 and the lowest price hitting 15.63 during the day. At this stage we consider Perritt Mutual Fund to be very steady. Perritt Ultra Microcap maintains Sharpe Ratio (i.e., Efficiency) of 0.075, which implies the entity had a 0.075% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Perritt Ultra Microcap, which you can use to evaluate the volatility of the fund. Please check Perritt Ultra's Coefficient Of Variation of (4,683), variance of 1.57, and Risk Adjusted Performance of (0.01) to confirm if the risk estimate we provide is consistent with the expected return of 0.069%.
Perritt Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Perritt |
Sharpe Ratio = 0.075
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Estimated Market Risk
| 0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average Perritt Ultra is performing at about 5% 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 Ultra by adding it to a well-diversified portfolio.
Perritt Ultra Valuation on August 29, 2024
It is possible to determine the worth of Perritt Ultra on a given historical date. On August 29, 2024 Perritt was worth 15.59 at the beginning of the trading date compared to the closed value of 15.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Perritt Ultra mutual fund. Still, in general, we apply an absolute valuation method to find Perritt Ultra'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 Ultra where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Perritt Ultra's related companies.
| Open | High | Low | Close | Volume | |
| 15.44 | 15.44 | 15.44 | 15.44 | 1.00 | |
08/29/2024 | 15.59 | 15.59 | 15.59 | 15.59 | 1.00 |
| 15.71 | 15.71 | 15.71 | 15.71 | 1.00 |
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Perritt Ultra Trading Date Momentum on August 29, 2024
| On August 30 2024 Perritt Ultra Microcap was traded for 15.71 at the closing time. The highest daily price throughout the period was 15.71 and the lowest price was 15.71 . There was no trading activity during the period 1.0. Lack of trading volume on 08/30/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.77% . The trading delta at closing time to current closing price is 3.72% . |
Perritt Ultra Microcap Fundamentals Correlations and Trends
By evaluating Perritt Ultra'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 Ultra'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 Ultra Mutual Fund history
Perritt Ultra 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 Ultra Microcap 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 Ultra stock prices may prove useful in developing a viable investing in Perritt Ultra
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 300 million at the time of initial purchase, which the funds investment adviser refers to as micro-cap companies. Perritt Ultra is traded on NASDAQ Exchange in the United States.
Perritt Ultra Mutual Fund Technical Analysis
Perritt Ultra 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 Ultra Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Perritt Ultra Microcap 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 Ultra December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Perritt Ultra 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 Ultra shares will generate the highest return on investment. By undertsting and applying Perritt Ultra mutual fund market strength indicators, traders can identify Perritt Ultra Microcap entry and exit signals to maximize returns
Perritt Ultra Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Perritt Ultra'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 | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (2.06) |
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| Math Transform | ||
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| Overlap Studies | ||
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Check out Your Equity Center 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 persons. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Other Consideration for investing in Perritt Mutual Fund
If you are still planning to invest in Perritt Ultra Microcap check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Perritt Ultra's history and understand the potential risks before investing.
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