Oberweis International Opportunities Fund Price on March 20, 2024
| OBIOX Fund | USD 17.75 0.09 0.50% |
Below is the normalized historical share price chart for Oberweis International Opportunities extending back to February 01, 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 Oberweis International stands at 17.75, as last reported on the 2nd of May, with the highest price reaching 17.75 and the lowest price hitting 17.75 during the day.
If you're considering investing in Oberweis Mutual Fund, it is important to understand the factors that can impact its price. We consider Oberweis International very steady. Oberweis International maintains Sharpe Ratio (i.e., Efficiency) of 0.0449, which implies the entity had a 0.0449% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Oberweis International, which you can use to evaluate the volatility of the fund. Please check Oberweis International's Coefficient Of Variation of 2026.91, risk adjusted performance of 0.0331, and Semi Deviation of 0.7676 to confirm if the risk estimate we provide is consistent with the expected return of 0.0329%.
Oberweis Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Oberweis |
Sharpe Ratio = 0.0449
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Estimated Market Risk
| 0.73 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Oberweis International is performing at about 3% 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 Oberweis International by adding it to a well-diversified portfolio.
Oberweis International Valuation on March 20, 2024
It is possible to determine the worth of Oberweis International on a given historical date. On March 20, 2024 Oberweis was worth 18.48 at the beginning of the trading date compared to the closed value of 18.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oberweis International mutual fund. Still, in general, we apply an absolute valuation method to find Oberweis International'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 Oberweis International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oberweis International's related companies.
| Open | High | Low | Close | Volume | |
| 18.30 | 18.30 | 18.30 | 18.30 | 1.00 | |
03/20/2024 | 18.48 | 18.48 | 18.48 | 18.48 | 1.00 |
| 18.46 | 18.46 | 18.46 | 18.46 | 1.00 |
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Oberweis International Trading Date Momentum on March 20, 2024
| On March 21 2024 Oberweis International Opportunities was traded for 18.46 at the closing time. The highest daily price throughout the period was 18.46 and the lowest price was 18.46 . There was no trading activity during the period 1.0. Lack of trading volume on 03/21/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.11% . The trading delta at closing time to current closing price is 0.27% . |
Oberweis International Fundamentals Correlations and Trends
By evaluating Oberweis International'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 Oberweis International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Oberweis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Oberweis International Mutual Fund history
Oberweis International 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 Oberweis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oberweis International 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 Oberweis International stock prices may prove useful in developing a viable investing in Oberweis International
The fund invests normally at least 80 percent of its net assets in securities of companies based outside the United States. Currently, securities based outside the United States include equity securities of companies that are organized under other than U.S. law or that are primarily traded on an exchange or over-the-counter outside of the United States or equity securities of companies that have at least 50 percent of their assets outside of the United States or that derive at least 50 percent of their revenues from business activities outside of the United States.
Oberweis International Mutual Fund Technical Analysis
Oberweis International 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
Oberweis International Period Price Range
Low | March 20, 2024
| High |
18.48 | 18.48 |
Oberweis International May 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Oberweis International 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 Oberweis International shares will generate the highest return on investment. By undertsting and applying Oberweis International mutual fund market strength indicators, traders can identify Oberweis International Opportunities entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 18.48 | |||
| Day Typical Price | 18.48 | |||
| Period Momentum Indicator | (0.73) | |||
| Relative Strength Index | 36.29 |
Oberweis International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oberweis International's price direction in advance. Along with the technical and fundamental analysis of Oberweis Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oberweis 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 | 0.0331 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0276 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oberweis International Opportunities. 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 persons. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.