Driehaus Emerging Markets Fund Quote

DRESX Fund  USD 20.30  0.16  0.78%   

Performance

12 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 37

 
100  
 
Zero
Below Average
Driehaus Emerging is trading at 20.30 as of the 28th of March 2024; that is -0.78% down since the beginning of the trading day. The fund's open price was 20.46. Driehaus Emerging has about a 37 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Driehaus Emerging Markets are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2023 and ending today, the 28th of March 2024. Click here to learn more.
The fund uses a growth style of investment in equity securities, including common stocks and other equity securities of issuers. Under normal market conditions, it invests substantially all of its net assets in small capitalization emerging markets companies. More on Driehaus Emerging Markets

Moving together with Driehaus Mutual Fund

  0.93DIEMX Driehaus Emerging MarketsPairCorr
  0.93DREGX Driehaus Emerging MarketsPairCorr
  0.91DRIOX Driehaus InternationalPairCorr
  0.94DSMDX Driehaus Smallmid CapPairCorr
  0.94DMAGX Driehaus Multi-assetPairCorr

Moving against Driehaus Mutual Fund

  0.49XWMFX Western Asset MiddlePairCorr

Driehaus Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Driehaus Emerging's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Driehaus Emerging or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationDriehaus Funds, Large Funds, Diversified Emerging Mkts Funds, Diversified Emerging Mkts, Driehaus (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date30th of April 2023
Fiscal Year EndDecember
Driehaus Emerging Markets [DRESX] is traded in USA and was established 28th of March 2024. Driehaus Emerging is listed under Driehaus category by Fama And French industry classification. The fund is listed under Diversified Emerging Mkts category and is part of Driehaus family. This fund currently has accumulated 109.53 M in assets under management (AUM) with minimum initial investment of 10 K. Driehaus Emerging Markets is currently producing year-to-date (YTD) return of 7.0% with the current yeild of 0.01%, while the total return for the last 3 years was 2.82%.
Check Driehaus Emerging Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Driehaus Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Driehaus Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Driehaus Emerging Markets Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Driehaus Emerging Markets Mutual Fund Constituents

NTXVFNexteer Automotive GroupPink SheetAuto Parts
TALTAL Education GroupStockConsumer Discretionary
XNGSFENN Energy HoldingsPink SheetUtilities—Regulated Gas
BJWTFBeijing Enterprises WaterPink SheetUtilities—Regulated Water
CPACopa Holdings SAStockIndustrials
ACESALPS Clean EnergyEtfMiscellaneous Sector
BZUNBaozun IncStockConsumer Discretionary
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Driehaus Emerging Target Price Odds Analysis

Based on a normal probability distribution, the odds of Driehaus Emerging jumping above the current price in 90 days from now is about 7.06%. The Driehaus Emerging Markets probability density function shows the probability of Driehaus Emerging mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Driehaus Emerging has a beta of 0.2044 suggesting as returns on the market go up, Driehaus Emerging average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Driehaus Emerging Markets will be expected to be much smaller as well. Additionally, driehaus Emerging Markets has an alpha of 0.1209, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 20.3HorizonTargetOdds Above 20.3
92.80%90 days
 20.30 
7.06%
Based on a normal probability distribution, the odds of Driehaus Emerging to move above the current price in 90 days from now is about 7.06 (This Driehaus Emerging Markets probability density function shows the probability of Driehaus Mutual Fund to fall within a particular range of prices over 90 days) .

Driehaus Emerging Markets Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Driehaus Emerging market risk premium is the additional return an investor will receive from holding Driehaus Emerging long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Driehaus Emerging. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Driehaus Emerging's alpha and beta are two of the key measurements used to evaluate Driehaus Emerging's performance over the market, the standard measures of volatility play an important role as well.

Driehaus Emerging Against Markets

Picking the right benchmark for Driehaus Emerging mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Driehaus Emerging mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Driehaus Emerging is critical whether you are bullish or bearish towards Driehaus Emerging Markets at a given time. Please also check how Driehaus Emerging's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Driehaus Emerging without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Driehaus Mutual Fund?

Before investing in Driehaus Emerging, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Driehaus Emerging. To buy Driehaus Emerging fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Driehaus Emerging. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Driehaus Emerging fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Driehaus Emerging Markets fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Driehaus Emerging Markets fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Driehaus Emerging Markets, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Driehaus Emerging Markets?

The danger of trading Driehaus Emerging Markets is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Driehaus Emerging is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Driehaus Emerging. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Driehaus Emerging Markets is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Driehaus Emerging Markets. 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 state.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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Please note, there is a significant difference between Driehaus Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Driehaus Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Driehaus Emerging's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.