Perritt Microcap Opportunities Fund Manager Performance Evaluation
| PRCGX Fund | USD 25.60 0.02 0.08% |
The fund holds a Beta of 1.3, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Perritt Microcap will likely underperform.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Perritt Microcap Opportunities are ranked lower than 2 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical and fundamental indicators, Perritt Microcap is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 28th of February 2023 | |
| Expense Ratio | 1.6500 |
Perritt |
Perritt Microcap Relative Risk vs. Return Landscape
If you would invest 2,493 in Perritt Microcap Opportunities on September 12, 2024 and sell it today you would earn a total of 67.00 from holding Perritt Microcap Opportunities or generate 2.69% return on investment over 90 days. Perritt Microcap Opportunities is currently producing 0.0528% returns and takes up 1.4942% volatility of returns over 90 trading days. Put another way, 13% of traded mutual funds are less volatile than Perritt, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Perritt Microcap Current Valuation
Fairly Valued
Today
Please note that Perritt Microcap's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Perritt Microcap Opp holds a recent Real Value of $25.5 per share. The prevailing price of the fund is $25.6. We determine the value of Perritt Microcap Opp from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Perritt Microcap is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Perritt Mutual Fund. However, Perritt Microcap's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 25.6 | Real 25.5 | Hype 25.62 | Naive 24.77 |
The intrinsic value of Perritt Microcap's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Perritt Microcap's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Perritt Microcap Opportunities helps investors to forecast how Perritt mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Perritt Microcap more accurately as focusing exclusively on Perritt Microcap's fundamentals will not take into account other important factors: Perritt Microcap Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Perritt Microcap's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Perritt Microcap Opportunities, and traders can use it to determine the average amount a Perritt Microcap's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0353
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | PRCGX | High Risk | Huge Risk |
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Estimated Market Risk
| 1.49 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Perritt Microcap is performing at about 2% 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 Fundamentals Growth
Perritt Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Perritt Microcap, and Perritt Microcap fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Perritt Mutual Fund performance.
| Price To Earning | 17.86 X | ||||
| Price To Book | 1.50 X | ||||
| Price To Sales | 0.71 X | ||||
About Perritt Microcap Performance
Evaluating Perritt Microcap's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Perritt Microcap has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Perritt Microcap has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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. Perritt Micro is traded on NASDAQ Exchange in the United States.Things to note about Perritt Microcap Opp performance evaluation
Checking the ongoing alerts about Perritt Microcap for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Perritt Microcap Opp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Perritt Microcap's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Perritt Microcap's mutual fund performance include:- Analyzing Perritt Microcap's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Perritt Microcap's stock is overvalued or undervalued compared to its peers.
- Examining Perritt Microcap's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Perritt Microcap's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Perritt Microcap's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Perritt Microcap's mutual fund. These opinions can provide insight into Perritt Microcap's potential for growth and whether the stock is currently undervalued or overvalued.
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.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |