Small Cap Growth Fund Price on November 3, 2023
| ANORX Fund | USD 17.17 0.03 0.17% |
Below is the normalized historical share price chart for Small Cap Growth extending back to September 28, 2007. 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 Small Cap stands at 17.17, as last reported on the 22nd of May, with the highest price reaching 17.17 and the lowest price hitting 17.17 during the day.
If you're considering investing in Small Mutual Fund, it is important to understand the factors that can impact its price. We consider Small Cap very steady. Small Cap Growth owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0189, which indicates the fund had a 0.0189% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Small Cap Growth, which you can use to evaluate the volatility of the fund. Please validate Small Cap's Semi Deviation of 1.02, coefficient of variation of 11823.94, and Risk Adjusted Performance of 0.0091 to confirm if the risk estimate we provide is consistent with the expected return of 0.0188%.
Small Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Small |
Sharpe Ratio = 0.0189
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ANORX |
Estimated Market Risk
| 0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Small Cap is performing at about 1% 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 Small Cap by adding it to a well-diversified portfolio.
Small Cap Valuation on November 3, 2023
It is possible to determine the worth of Small Cap on a given historical date. On November 3, 2023 Small was worth 14.27 at the beginning of the trading date compared to the closed value of 14.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Small Cap mutual fund. Still, in general, we apply an absolute valuation method to find Small Cap'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 Small Cap where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Small Cap's related companies.
| Open | High | Low | Close | Volume | |
| 13.98 | 13.98 | 13.98 | 13.98 | 1.00 | |
11/03/2023 | 14.27 | 14.27 | 14.27 | 14.27 | 1.00 |
| 14.15 | 14.15 | 14.15 | 14.15 | 1.00 |
| Backtest Small Cap | | | Small Cap History | | | Small Cap Valuation | Previous | Next |
Small Cap Trading Date Momentum on November 3, 2023
| On November 06 2023 Small Cap Growth was traded for 14.15 at the closing time. The highest daily price throughout the period was 14.15 and the lowest price was 14.15 . There was no trading activity during the period 1.0. Lack of trading volume on 11/06/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.84% . The trading price change to current closing price is 1.12% . |
Small Cap Growth Fundamentals Correlations and Trends
By evaluating Small Cap'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 Small Cap's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Small financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Small Cap Mutual Fund history
Small Cap 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 Small is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Small Cap Growth 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 Small Cap stock prices may prove useful in developing a viable investing in Small Cap
Under normal market conditions, the fund invests at least 80 percent of its net assets in small cap companies. The portfolio managers consider small cap companies to include those with a market capitalization that does not exceed that of the largest company in the Russell 2000 Growth Index. The portfolio managers look for stocks of smaller-sized companies they believe will increase in value over time, using an investment strategy developed by the funds investment advisor.
Small Cap Mutual Fund Technical Analysis
Small Cap 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
Small Cap Period Price Range
Low | November 3, 2023
| High |
14.27 | 14.27 |
Small Cap May 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Small Cap 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 Small Cap shares will generate the highest return on investment. By undertsting and applying Small Cap mutual fund market strength indicators, traders can identify Small Cap Growth entry and exit signals to maximize returns
Small Cap Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Small Cap's price direction in advance. Along with the technical and fundamental analysis of Small Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Small 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 | 0.0091 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0) |
| Cycle Indicators | ||
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Small Cap Growth. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.