Oberweis Emerging Growth Fund Market Value
| OBEGX Fund | USD 32.81 0.54 1.67% |
| Symbol | Oberweis |
Oberweis Emerging 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Oberweis Emerging's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Oberweis Emerging.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in Oberweis Emerging on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Oberweis Emerging Growth or generate 0.0% return on investment in Oberweis Emerging over 90 days. Oberweis Emerging is related to or competes with Oberweis Micro-cap, Oberweis Small-cap, Oberweis International, Oberweis China, and Heartland Value. The fund normally invests at least 80 percent of its net assets in the securities of relatively small companies, which, ... More
Oberweis Emerging Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Oberweis Emerging's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Oberweis Emerging Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6846 | |||
| Information Ratio | 0.0626 | |||
| Maximum Drawdown | 3.77 | |||
| Value At Risk | (1.10) | |||
| Potential Upside | 1.73 |
Oberweis Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oberweis Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oberweis Emerging's standard deviation. In reality, there are many statistical measures that can use Oberweis Emerging historical prices to predict the future Oberweis Emerging's volatility.| Risk Adjusted Performance | 0.2846 | |||
| Jensen Alpha | 0.1511 | |||
| Total Risk Alpha | 0.0647 | |||
| Sortino Ratio | 0.0765 | |||
| Treynor Ratio | 0.4962 |
Oberweis Emerging Growth Backtested Returns
Oberweis Emerging appears to be out of control, given 3 months investment horizon. Oberweis Emerging Growth maintains Sharpe Ratio (i.e., Efficiency) of 0.32, which implies the entity had a 0.32 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Oberweis Emerging Growth, which you can use to evaluate the volatility of the fund. Please evaluate Oberweis Emerging's Risk Adjusted Performance of 0.2846, coefficient of variation of 312.05, and Semi Deviation of 0.3152 to confirm if our risk estimates are consistent with your expectations. The fund holds a Beta of 0.52, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Oberweis Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oberweis Emerging is expected to be smaller as well.
Auto-correlation | 0.88 |
Very good predictability
Oberweis Emerging Growth has very good predictability. Overlapping area represents the amount of predictability between Oberweis Emerging time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Oberweis Emerging Growth price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Oberweis Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.48 |
Oberweis Emerging Growth lagged returns against current returns
Autocorrelation, which is Oberweis Emerging mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Oberweis Emerging's mutual fund expected returns. We can calculate the autocorrelation of Oberweis Emerging returns to help us make a trade decision. For example, suppose you find that Oberweis Emerging has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Oberweis Emerging regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Oberweis Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oberweis Emerging mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oberweis Emerging mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Oberweis Emerging Lagged Returns
When evaluating Oberweis Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oberweis Emerging mutual fund have on its future price. Oberweis Emerging autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Oberweis Emerging autocorrelation shows the relationship between Oberweis Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Oberweis Emerging Growth.
Regressed Prices |
| Timeline |
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Other Information on Investing in Oberweis Mutual Fund
Oberweis Emerging financial ratios help investors to determine whether Oberweis Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Oberweis with respect to the benefits of owning Oberweis Emerging security.
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