Optimum Mutual Fund Financials

OASGX
 Fund
  

USD 10.21  0.20  2.00%   

You can use Optimum Small Cap fundamental data analysis to find out if markets are presently mispricing the entity. We were able to analyze and collect data for fourteen available financial ratios for Optimum Small Cap, which can be compared to its competitors. Use Optimum Small price to earning, one year return, as well as the relationship between the One Year Return and equity positions weight to make sure your decision on pricing Optimum Small Cap is adequate. Use Optimum Small to enhance the returns of your portfolios. Benchmarks are essential to demonstrate the utility of optimization algorithms. The fund experiences a large bullish trend. Check odds of Optimum Small to be traded at $11.23 in 90 days.
  
With this module, you can analyze Optimum financials for your investing period. You should be able to track the changes in Optimum Small 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 Small Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Optimum Small's financial statements are interrelated, with each one affecting the others. For example, an increase in Optimum Small's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 1
Optimum Small Cap 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 Small 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 Small's official financial statements usually reflect Optimum Small'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 Small Cap. For example, before you start analyzing numbers published by Optimum accountants, it's critical to develop an understanding of what Optimum Small'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 Small, 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 Small Company Summary

Optimum Small competes with Vanguard Explorer. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in securities of small- and mid-market capitalization companies . Optimum Small 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 CategorySmall Growth
BenchmarkDOW
Phone800 914 0278
CurrencyUSD - US Dollar

Optimum Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Optimum Small's current stock value. Our valuation model uses many indicators to compare Optimum Small value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Optimum Small competition to find correlations between indicators driving Optimum Small's intrinsic value. More Info.
Optimum Small Cap is number one fund in cash position weight among similar funds. It is regarded second largest fund in five year return among similar funds reporting about  1.91  of Five Year Return per Cash Position Weight. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Optimum Small by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Optimum Small'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 Small's earnings, one of the primary drivers of an investment's value.

Optimum Small Cap Systematic Risk

Optimum Small's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Optimum Small 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 thirty-one with a total number of output elements of thirty. The Beta measures systematic risk based on how returns on Optimum Small Cap correlated with the market. If Beta is less than 0 Optimum Small generally moves in the opposite direction as compared to the market. If Optimum Small Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Optimum Small Cap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Optimum Small is generally in the same direction as the market. If Beta > 1 Optimum Small moves generally in the same direction as, but more than the movement of the benchmark.
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About Optimum Small Financials

What exactly are Optimum Small 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 Small's income statement, its balance sheet, and the statement of cash flows. Potential Optimum Small investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Optimum Small investors may use each financial statement separately, they are all related. The changes in Optimum Small's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Optimum Small'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 you should consider 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 yearly 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 Small 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 determine 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 the net revenue of Optimum has 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 increased 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 Small Cap is regarded second largest fund in net asset among similar funds. Total Asset Under Management (AUM) of Small Growth category is currently estimated at about 25.35 Billion. Optimum Small holds roughly 827.83 Million in net asset claiming about 3% of funds listed under Small Growth category.

Optimum Small September 30, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Optimum Small help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Optimum Small Cap. We use our internally-developed statistical techniques to arrive at the intrinsic value of Optimum Small Cap 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 Small's daily price indicators and compare them against related drivers.
Information Ratio0.0576
Maximum Drawdown6.67
Value At Risk(2.40)
Potential Upside2.74
Please check Your Equity Center. Note that the Optimum Small Cap information on this page should be used as a complementary analysis to other Optimum Small'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 Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

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