Small Cap Value Fund Price on February 6, 2024
| ASVYX Fund | USD 10.79 0.02 0.19% |
Below is the normalized historical share price chart for Small Cap Value extending back to April 10, 2017. 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 10.79, as last reported on the 14th of May 2024, with the highest price reaching 10.79 and the lowest price hitting 10.79 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 Value owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the fund had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Small Cap Value, which you can use to evaluate the volatility of the fund. Please validate Small Cap's Risk Adjusted Performance of 0.0689, semi deviation of 1.07, and Coefficient Of Variation of 955.59 to confirm if the risk estimate we provide is consistent with the expected return of 0.0965%.
Small Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Small |
Sharpe Ratio = 0.1051
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| Cash | ASVYX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Small Cap is performing at about 8% 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 February 6, 2024
It is possible to determine the worth of Small Cap on a given historical date. On February 6, 2024 Small was worth 10.06 at the beginning of the trading date compared to the closed value of 10.04. 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 | |
| 9.98 | 9.98 | 9.96 | 9.96 | 1.00 | |
02/06/2024 | 10.06 | 10.06 | 10.04 | 10.04 | 1.00 |
| 10.06 | 10.06 | 10.04 | 10.04 | 1.00 |
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Small Cap Trading Date Momentum on February 6, 2024
| On February 07 2024 Small Cap Value was traded for 10.04 at the closing time. The highest daily price throughout the period was 10.06 and the lowest price was 10.04 . There was no trading activity during the period 1.0. Lack of trading volume on 02/07/2024 did not result in any price rise and fall. The trading price change to current closing price is 2.79% . |
Small Cap Value 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 Value 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 portfolio managers will invest at least 80 percent of the funds net assets in small cap companies. The portfolio managers consider small cap companies to include those with market capitalizations no larger than that of the largest company in the SP Small Cap 600 Index or the Russell 2000 Index.
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 | February 6, 2024
| High |
10.06 | 10.04 |
Small Cap May 14, 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 Value 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 | 0.0689 | |||
| Jensen Alpha | 0.0953 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0257 | |||
| Treynor Ratio | 1.02 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Small Cap Value. 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 manufacturing. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.