FMP
Adirondack Small Cap Fund
ADKSX
NASDAQ
The fund seeks to achieve its objective by investing in a diversified portfolio of undervalued common stocks of small capitalization companies as determined by the fund's investment advisor. Small capitalization companies are defined by the investment advisor as issuers that, have a market capitalization that is within or below the range of companies in the Russell 2000 Index. Under normal circumstances, at least 80% of the fund's total assets will be invested in common stocks of small capitalization companies. The fund may invest up to 15% of its total assets in sponsored ADRs issued by foreign companies.
32.22 USD
-0.34 (-1.06%)
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
24.08M
32.4M
41.31M
31.84M
40.21M
46.79M
54.45M
63.36M
73.72M
85.78M
-
34.55
27.52
-22.94
26.31
16.36
16.36
16.36
16.36
-21.72M
-20.1M
-1.33M
-2.27M
3.84M
-14.32M
-16.66M
-19.39M
-22.56M
-26.25M
-90.19
-62.03
-3.21
-7.12
9.54
-30.6
-30.6
-30.6
-30.6
-26.24M
-25.6M
-6.7M
-4.83M
2.81M
-19.04M
-22.15M
-25.77M
-29.99M
-34.9M
-108.97
-79.01
-16.22
-15.16
6.99
-40.68
-40.68
-40.68
-40.68
4.52M
5.5M
5.37M
2.56M
1.03M
5.56M
6.46M
7.52M
8.75M
10.19M
18.79
16.98
13.01
8.04
2.55
11.87
11.87
11.87
11.87
EBIT (Operating profit)(Operating income)(Operating earning) = GROSS MARGIN (REVENUE - COGS) - OPERATING EXPENSES (R&D, RENT) EBIT = (1*) (2*) -> operating process (leverage -> interest -> EBT -> tax -> net Income) EBITDA = GROSS MARGIN (REVENUE - COGS) - OPERATING EXPENSES (R&D, RENT) + Depreciation + amortization EBITA = (1*) (2*) (3*) (4*) company's CURRENT operating profitability (i.e., how much profit it makes with its present assets and its operations on the products it produces and sells, as well as providing a proxy for cash flow) -> performance of a company (1*) discounting the effects of interest payments from different forms of financing (by ignoring interest payments), (2*) political jurisdictions (by ignoring tax), collections of assets (by ignoring depreciation of assets), and different takeover histories (by ignoring amortization often stemming from goodwill) (3*) collections of assets (by ignoring depreciation of assets) (4*) different takeover histories (by ignoring amortization often stemming from goodwill)