Optimum Mutual Fund Probability of Future Mutual Fund Price Finishing Under 7.97

OCFIX
 Fund
  

USD 8.23  0.01  0.12%   

Optimum Fixed's future price is the expected price of Optimum Fixed instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Optimum Fixed Income performance during a given time horizon utilizing its historical volatility.
  
Please check Optimum Fixed Backtesting, Portfolio Optimization, Optimum Fixed Correlation, Optimum Fixed Hype Analysis, Optimum Fixed Volatility, Optimum Fixed History as well as Optimum Fixed Performance. Please specify Optimum Fixed time horizon, a valid symbol (red box) and a target price (blue box) you would like Optimum Fixed odds to be computed.

Optimum Fixed Target Price Odds to finish below 7.97

The tendency of Optimum Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to drop to $ 7.97  or more in 90 days
 8.23 90 days 7.97 
about 18.11
Based on a normal probability distribution, the odds of Optimum Fixed to drop to $ 7.97  or more in 90 days from now is about 18.11 (This Optimum Fixed Income probability density function shows the probability of Optimum Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Optimum Fixed Income price to stay between $ 7.97  and its current price of $8.23 at the end of the 90-day period is about 47.13 .
Assuming the 90 days horizon Optimum Fixed has a beta of 0.19. This indicates as returns on the market go up, Optimum Fixed average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Optimum Fixed Income will be expected to be much smaller as well. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Optimum Fixed Income is significantly underperforming DOW.
   Optimum Fixed Price Density   
       Price  

Predictive Modules for Optimum Fixed

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Optimum Fixed Income. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Optimum Fixed's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Optimum Fixed in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
7.678.238.79
Details
Intrinsic
Valuation
LowReal ValueHigh
7.658.218.77
Details
Naive
Forecast
LowNext ValueHigh
7.708.258.81
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.928.108.28
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Optimum Fixed. Your research has to be compared to or analyzed against Optimum Fixed's peers to derive any actionable benefits. When done correctly, Optimum Fixed's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Optimum Fixed Income.

Optimum Fixed Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Optimum Fixed is not an exception. The market had few large corrections towards the Optimum Fixed's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Optimum Fixed Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Optimum Fixed within the framework of very fundamental risk indicators.
α
Alpha over DOW
-0.07
β
Beta against DOW0.19
σ
Overall volatility
0.20
Ir
Information ratio -0.22

Optimum Fixed Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Optimum Fixed for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Optimum Fixed Income can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Optimum Fixed Income generated a negative expected return over the last 90 days
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

Optimum Fixed Technical Analysis

Optimum Fixed's future price can be derived by breaking down and analyzing its technical indicators over time. Optimum Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Optimum Fixed Income. In general, you should focus on analyzing Optimum Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Optimum Fixed Predictive Forecast Models

Optimum Fixed time-series forecasting models is one of many Optimum Fixed's mutual fund analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Optimum Fixed's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.

Things to note about Optimum Fixed Income

Checking the ongoing alerts about Optimum Fixed for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Optimum Fixed Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Optimum Fixed Income generated a negative expected return over the last 90 days
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
Please check Optimum Fixed Backtesting, Portfolio Optimization, Optimum Fixed Correlation, Optimum Fixed Hype Analysis, Optimum Fixed Volatility, Optimum Fixed History as well as Optimum Fixed Performance. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Complementary Tools for 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.