Optimum Mutual Fund Financials

OAFIX
 Fund
  

USD 8.45  0.03  0.36%   

You can use Optimum Fixed Income fundamental data analysis to find out if markets are presently mispricing the entity. We were able to collect and analyze data for fifteen available financial ratios for Optimum Fixed Income, which can be compared to its competitors. Use Optimum Fixed price to earning, three year return, as well as the relationship between the Three Year Return and equity positions weight to make sure your decision on pricing Optimum Fixed Income is adequate. Use Optimum Fixed to enhance the returns of your portfolios. The fund experiences a normal upward fluctuation. Check odds of Optimum Fixed to be traded at $8.87 in 90 days.
  
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With this module, you can analyze Optimum financials for your investing period. You should be able to track the changes in Optimum Fixed individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Optimum Fixed Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Optimum Fixed's financial statements are interrelated, with each one affecting the others. For example, an increase in Optimum Fixed's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 1
Optimum Fixed Income has less than 1 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Optimum Fixed mutual fund is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Optimum Fixed's official financial statements usually reflect Optimum Fixed's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Optimum Fixed Income. For example, before you start analyzing numbers published by Optimum accountants, it's critical to develop an understanding of what Optimum Fixed's liquidity, profitability, and earnings quality are in the context of the Delaware Funds by Macquarie space in which it operates.
Please note that past performance is not an indicator of the future performance of Optimum Fixed, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost. .

Optimum Fixed Company Summary

Optimum Fixed competes with Chevron Corp. Under normal circumstances, the fund will invest at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in fixed income securities . Optimum Fixed is traded on NASDAQ Exchange in the United States.
InstrumentUSA Mutual Fund View All
ExchangeNASDAQ Exchange
Business AddressOptimum Fund Trust
Mutual Fund FamilyDelaware Funds by Macquarie
Mutual Fund CategoryIntermediate Core-Plus Bond
BenchmarkDOW
Phone800 914 0278
CurrencyUSD - US Dollar
You should never invest in Optimum Fixed without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Optimum Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Optimum Fixed's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Optimum Fixed Key Financial Ratios

Generally speaking, Optimum Fixed's financial ratios allow both analysts and investors to convert raw data from Optimum Fixed's financial statements into concise, actionable information that can be used to evaluate the performance of Optimum Fixed over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Optimum Fixed Income reports annually and quarterly.

Optimum Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Optimum Fixed's current stock value. Our valuation model uses many indicators to compare Optimum Fixed value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Optimum Fixed competition to find correlations between indicators driving Optimum Fixed's intrinsic value. More Info.
Optimum Fixed Income is number one fund in one year return among similar funds. It is number one fund in cash position weight among similar funds creating about  3.18  of Cash Position Weight per One Year Return. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Optimum Fixed by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Optimum Fixed's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Optimum Fixed's earnings, one of the primary drivers of an investment's value.

Optimum Fixed Income Systematic Risk

Optimum Fixed's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Optimum Fixed volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Optimum Fixed Income correlated with the market. If Beta is less than 0 Optimum Fixed generally moves in the opposite direction as compared to the market. If Optimum Fixed Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Optimum Fixed Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Optimum Fixed is generally in the same direction as the market. If Beta > 1 Optimum Fixed moves generally in the same direction as, but more than the movement of the benchmark.
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About Optimum Fixed Financials

What exactly are Optimum Fixed Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Optimum Fixed's income statement, its balance sheet, and the statement of cash flows. Potential Optimum Fixed investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Optimum Fixed investors may use each financial statement separately, they are all related. The changes in Optimum Fixed's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Optimum Fixed's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Optimum Fixed is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Optimum grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
Optimum Fixed Income is number one fund in net asset among similar funds. Total Asset Under Management (AUM) of Intermediate Core-Plus Bond category is currently estimated at about 6.06 Billion. Optimum Fixed totals roughly 3.03 Billion in net asset claiming about 50% of all funds under Intermediate Core-Plus Bond category.

Optimum Fixed June 28, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Optimum Fixed help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Optimum Fixed Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Optimum Fixed Income based on widely used predictive technical indicators. In general, we focus on analyzing Optimum Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Optimum Fixed's daily price indicators and compare them against related drivers.
Information Ratio0.0692
Maximum Drawdown2.34
Value At Risk(0.78)
Potential Upside0.5587
Please check Your Equity Center. Note that the Optimum Fixed Income information on this page should be used as a complementary analysis to other Optimum Fixed'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 Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running Optimum Fixed Income price analysis, check to measure Optimum Fixed'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 Optimum Fixed is operating at the current time. Most of Optimum Fixed's value examination focuses on studying past and present price action to predict the probability of Optimum Fixed's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Optimum Fixed's price. Additionally, you may evaluate how the addition of Optimum Fixed to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Optimum Fixed's value and its price as these two are different measures arrived at by different means. Investors typically determine Optimum Fixed value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Optimum Fixed'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.