Optimum Mutual Fund Quote

OASVX
 Fund
  

USD 12.87  0.16  1.26%   

Market Performance
0 of 100
Odds Of Distress
Less than 37
Optimum Small is trading at 12.87 as of the 3rd of July 2022; that is 1.26 percent up since the beginning of the trading day. The fund's open price was 12.71. Optimum Small has about a 37 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Optimum Small Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2022 and ending today, the 3rd of July 2022. Click here to learn more.
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 securities of small- and mid-market capitalization companies . Optimum Small is traded on NASDAQ Exchange in the United States. More on Optimum Small Cap

Moving together with Optimum Small

0.71PGProcter Gamble Fiscal Year End 29th of July 2022 PairCorr
0.79HPQHp Inc Fiscal Year End 22nd of November 2022 PairCorr
0.82MSFTMicrosoft Corp Fiscal Year End 26th of July 2022 PairCorr

Optimum Small Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Optimum Small's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Optimum Small or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Optimum Small Cap generated a negative expected return over the last 90 days
Optimum Small Cap generated five year return of -3.0%
This fund maintains 97.35% of its assets in stocks
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Optimum Small's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Beta In Three Year1.33
Startdate14th of October 2020
Optimum Small Cap [OASVX] is traded in USA and was established 3rd of July 2022. The fund is listed under Small Value category and is part of Delaware Funds by Macquarie family. Optimum Small Cap now has accumulated 812.28 M in assets with minimum initial investment of 1 K. , while the total return for the last 3 years was -5.24%.
Check Optimum Small Probability Of Bankruptcy

Instrument Allocation

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Optimum Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Optimum Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Optimum Small Cap Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Optimum Small Cap Constituents

Optimum Small Target Price Odds Analysis

What are Optimum Small's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Optimum Small jumping above the current price in 90 days from now is about 92.86%. The Optimum Small Cap probability density function shows the probability of Optimum Small mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.0991. This indicates Optimum Small Cap market returns are sensitive to returns on the market. As the market goes up or down, Optimum Small is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Optimum Small Cap is significantly underperforming DOW.
  Odds Below 12.87HorizonTargetOdds Above 12.87
7.06%90 days
 12.87 
92.86%
Based on a normal probability distribution, the odds of Optimum Small to move above the current price in 90 days from now is about 92.86 (This Optimum Small Cap probability density function shows the probability of Optimum Mutual Fund to fall within a particular range of prices over 90 days) .

Optimum Small Cap Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Optimum Small market risk premium is the additional return an investor will receive from holding Optimum Small long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Optimum Small. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Optimum Small's alpha and beta are two of the key measurements used to evaluate Optimum Small's performance over the market, the standard measures of volatility play an important role as well.

Optimum Small Against Markets

Picking the right benchmark for Optimum Small mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Optimum Small mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Optimum Small is critical whether you are bullish or bearish towards Optimum Small Cap at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Optimum Small without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Investing Optimum Small Cap

You need to understand the risk of investing before taking a position in Optimum Small. The danger of trading Optimum Small Cap is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Optimum Small is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Optimum Small. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Optimum Small Cap is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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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.