Smallcap Value Fund Price on March 5, 2024
| PJARX Fund | USD 11.08 0.03 0.27% |
Below is the normalized historical share price chart for Smallcap Value Fund extending back to August 11, 2006. 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 Smallcap Value stands at 11.08, as last reported on the 2nd of May, with the highest price reaching 11.08 and the lowest price hitting 11.08 during the day.
If you're considering investing in Smallcap Mutual Fund, it is important to understand the factors that can impact its price. We consider Smallcap Value very steady. Smallcap Value owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0214, which indicates the fund had a 0.0214% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Smallcap Value Fund, which you can use to evaluate the volatility of the fund. Please validate Smallcap Value's Risk Adjusted Performance of (0.01), variance of 1.26, and Coefficient Of Variation of (5,392) to confirm if the risk estimate we provide is consistent with the expected return of 0.0236%.
Smallcap Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Smallcap |
Sharpe Ratio = 0.0214
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PJARX |
Estimated Market Risk
| 1.1 actual daily | 9 91% 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 Smallcap Value 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 Smallcap Value by adding it to a well-diversified portfolio.
Smallcap Value Valuation on March 5, 2024
It is possible to determine the worth of Smallcap Value on a given historical date. On March 5, 2024 Smallcap was worth 11.24 at the beginning of the trading date compared to the closed value of 11.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Smallcap Value mutual fund. Still, in general, we apply an absolute valuation method to find Smallcap Value'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 Smallcap Value where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Smallcap Value's related companies.
| Open | High | Low | Close | Volume | |
| 11.25 | 11.25 | 11.25 | 11.25 | 1.00 | |
03/05/2024 | 11.24 | 11.24 | 11.24 | 11.24 | 1.00 |
| 11.28 | 11.28 | 11.28 | 11.28 | 1.00 |
| Backtest Smallcap Value | | | Smallcap Value History | | | Smallcap Value Valuation | Previous | Next |
Smallcap Value Trading Date Momentum on March 5, 2024
| On March 06 2024 Smallcap Value Fund was traded for 11.28 at the closing time. The highest daily price throughout the period was 11.28 and the lowest price was 11.28 . There was no trading activity during the period 1.0. Lack of trading volume on 03/06/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.36% . The trading price change to current closing price is 0.18% . |
Smallcap Value Fundamentals Correlations and Trends
By evaluating Smallcap Value'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 Smallcap Value's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Smallcap financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Smallcap Value Mutual Fund history
Smallcap Value 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 Smallcap is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Smallcap 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 Smallcap Value stock prices may prove useful in developing a viable investing in Smallcap Value
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies with small market capitalizations at the time of purchase. It invests in value equity securities, an investment strategy that emphasizes buying equity securities that appear to be undervalued.
Smallcap Value Mutual Fund Technical Analysis
Smallcap Value 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
Smallcap Value Period Price Range
Low | March 5, 2024
| High |
11.24 | 11.24 |
Smallcap Value May 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Smallcap Value 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 Smallcap Value shares will generate the highest return on investment. By undertsting and applying Smallcap Value mutual fund market strength indicators, traders can identify Smallcap Value Fund entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 11.24 | |||
| Day Typical Price | 11.24 | |||
| Period Momentum Indicator | (0.16) | |||
| Relative Strength Index | 36.76 |
Smallcap Value Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Smallcap Value's price direction in advance. Along with the technical and fundamental analysis of Smallcap Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Smallcap 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 | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (1.27) |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Smallcap Value Fund. 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.