Optimum Mutual Fund Quote

OCFIX
 Fund
  

USD 8.47  0.03  0.36%   

Market Performance
0 of 100
Odds Of Distress
Less than 1
Optimum Fixed is trading at 8.47 as of the 1st of July 2022; that is 0.36 percent up since the beginning of the trading day. The fund's open price was 8.44. Optimum Fixed has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Optimum Fixed Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of May 2022 and ending today, the 1st of July 2022. Click here to learn more.
The investment seeks a high level of income and may also seek growth of capital. Optimum Fixed is traded on NASDAQ Exchange in the United States. More on Optimum Fixed Income

Moving together with Optimum Fixed

0.9VFFSXVanguard 500 Index Low VolatilityPairCorr
0.93VFIAXVanguard 500 Index Low VolatilityPairCorr
0.93VFINXVanguard Index Trust Low VolatilityPairCorr

Moving against Optimum Fixed

0.62TATT Inc Earnings Call  In Two WeeksPairCorr
Optimum Fixed Income cannot be verified against its exchange. Apparently, Optimum Fixed is not available for investing at the moment. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.
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Optimum Fixed 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 Fixed's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Optimum Fixed or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Optimum Fixed Income is unlikely to experience financial distress in the next 2 years
The fund maintains about 91.48% of its assets in bonds
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 Fixed's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedOvervalued
Beta In Three Year1.01
Startdate29th of April 2011
Optimum Fixed Income [OCFIX] is traded in USA and was established 1st of July 2022. The fund is listed under Intermediate Core-Plus Bond category and is part of Delaware Funds by Macquarie family. Optimum Fixed Income now has accumulated 2.95 B in assets with minimum initial investment of 1 K. , while the total return for the last 3 years was 3.48%.
Check Optimum Fixed Probability Of Bankruptcy

Optimum Fixed Income Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Optimum Fixed market risk premium is the additional return an investor will receive from holding Optimum Fixed 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 Fixed. 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 Fixed's alpha and beta are two of the key measurements used to evaluate Optimum Fixed's performance over the market, the standard measures of volatility play an important role as well.

Optimum Fixed Against Markets

Picking the right benchmark for Optimum Fixed 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 Fixed 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 Fixed is critical whether you are bullish or bearish towards Optimum Fixed Income at a given time.
Optimum Fixed Income cannot be verified against its exchange. Apparently, Optimum Fixed is not available for investing at the moment. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.
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Be your own money manager

Our tools can tell you how much better you can do entering a position in Optimum Fixed 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 Fixed Income

You need to understand the risk of investing before taking a position in Optimum Fixed. The danger of trading Optimum Fixed Income 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 Fixed 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 Fixed. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Optimum Fixed Income 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 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for Optimum Mutual Fund analysis

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.