Oberweis Mutual Fund Manager Performance Evaluation

OBSOX
 Fund
  

USD 19.57  0.10  0.51%   

The fund holds a Beta of 0.0984, which implies not very significant fluctuations relative to the market. Let's try to break down what Oberweis's beta means in this case. As returns on the market increase, Oberweis Small-Cap returns are expected to increase less than the market. However, during the bear market, the loss on holding Oberweis Small-Cap will be expected to be smaller as well. Although it is important to respect Oberweis Small-Cap current trending patterns, it is better to be realistic regarding the information on the equity's existing price patterns. The philosophy towards forecasting future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Oberweis Small-Cap technical indicators, you can presently evaluate if the expected return of 0.22% will be sustainable into the future.
  
Oberweis Performance
8 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Oberweis Small-Cap Opportunities are ranked lower than 8 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Oberweis Small-Cap showed solid returns over the last few months and may actually be approaching a breakup point.
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Oberweis Price Channel

Fifty Two Week Low16.01
Fifty Two Week High27.32

Oberweis Small-Cap Relative Risk vs. Return Landscape

If you would invest  1,718  in Oberweis Small-Cap Opportunities on May 10, 2022 and sell it today you would earn a total of  229.00  from holding Oberweis Small-Cap Opportunities or generate 13.33% return on investment over 90 days. Oberweis Small-Cap Opportunities is currently producing 0.2238% returns and takes up 2.0981% volatility of returns over 90 trading days. Put another way, 18% of traded mutual funds are less volatile than Oberweis, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days horizon Oberweis Small-Cap is expected to generate 1.66 times more return on investment than the market. However, the company is 1.66 times more volatile than its market benchmark. It trades about 0.11 of its potential returns per unit of risk. The DOW is currently generating roughly 0.03 per unit of risk.

Oberweis Small-Cap Current Valuation

Overvalued
Today 19.57
Please note that Oberweis Small-Cap's price fluctuation is not too volatile at this time.
Oberweis Small-Cap holds a recent Real Value of $17.55 per share. The prevailing price of the fund is $19.57. At this time, the fund appears to be overvalued. We determine the value of Oberweis Small-Cap from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued entities and dropping overvalued entities since, at some point, stock prices and their ongoing real values will merge together.
Our valuation method for Oberweis Small-Cap Opportunities is useful when determining the fair value of the Oberweis mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Oberweis Small-Cap. Since Oberweis Small-Cap is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Oberweis Mutual Fund. However, Oberweis Small-Cap's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
17.55
Real Value
19.65
Upside
Estimating the potential upside or downside of Oberweis Small-Cap Opportunities helps investors to forecast how Oberweis mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Oberweis Small-Cap more accurately as focusing exclusively on Oberweis Small-Cap's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.4517.5819.72
Details
Hype
Prediction
LowEstimated ValueHigh
17.3719.4721.57
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
0.240.250.25
Details

Oberweis Small-Cap Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Oberweis Small-Cap's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Oberweis Small-Cap Opportunities, and traders can use it to determine the average amount a Oberweis Small-Cap's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1067

Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small ReturnsOBSOX
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative Returns
Estimated Market Risk
 2.1
  actual daily
 
 18 %
of total potential
 
1818
Expected Return
 0.22
  actual daily
 
 4 %
of total potential
 
44
Risk-Adjusted Return
 0.11
  actual daily
 
 8 %
of total potential
 
88
Based on monthly moving average Oberweis 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 Oberweis Small-Cap by adding it to a well-diversified portfolio.

About Oberweis Small-Cap Performance

To evaluate Oberweis Small-Cap Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Oberweis Small-Cap generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Oberweis Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Oberweis Small-Cap stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Oberweis's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The fund invests normally at least 80 percent of its net assets in the securities of small-cap companies. Oberweis Small-Cap is traded on NASDAQ Exchange in the United States.

Things to note about Oberweis Small-Cap

Checking the ongoing alerts about Oberweis Small-Cap for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Oberweis Small-Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Oberweis Small-Cap Alerts

Equity Alerts and Improvement Suggestions

The fund maintains 92.82% of its assets in stocks
Please check Your Equity Center. Note that the Oberweis Small-Cap information on this page should be used as a complementary analysis to other Oberweis Small-Cap's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running Oberweis Small-Cap price analysis, check to measure Oberweis Small-Cap's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oberweis Small-Cap is operating at the current time. Most of Oberweis Small-Cap's value examination focuses on studying past and present price action to predict the probability of Oberweis Small-Cap's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Oberweis Small-Cap's price. Additionally, you may evaluate how the addition of Oberweis Small-Cap to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Oberweis Small-Cap's value and its price as these two are different measures arrived at by different means. Investors typically determine Oberweis Small-Cap value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oberweis Small-Cap'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.