Optimum Mutual Fund Manager Performance Evaluation

OASGX
 Fund
  

USD 9.93  0.27  2.65%   

The fund holds a Beta of 0.111, which implies not very significant fluctuations relative to the market. Let's try to break down what Optimum's beta means in this case. As returns on the market increase, Optimum Small returns are expected to increase less than the market. However, during the bear market, the loss on holding Optimum Small will be expected to be smaller as well. Although it is important to respect Optimum Small Cap current trending patterns, it is better to be realistic regarding the information on the equity's existing price patterns. The philosophy towards forecasting future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Optimum Small Cap technical indicators, you can presently evaluate if the expected return of 0.007% will be sustainable into the future.
  
Optimum Performance
0 of 100
Over the last 90 days Optimum Small Cap has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong technical and fundamental indicators, Optimum Small is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Optimum Price Channel

Fifty Two Week Low9.46
Fifty Two Week High20.44
Trailing Annual Dividend Yield13.55%

Optimum Small Relative Risk vs. Return Landscape

If you would invest  1,024  in Optimum Small Cap on July 6, 2022 and sell it today you would lose (4.00)  from holding Optimum Small Cap or give up 0.39% of portfolio value over 90 days. Optimum Small Cap is currently producing 0.007% returns and takes up 1.6415% volatility of returns over 90 trading days. Put another way, 14% of traded mutual funds are less volatile than Optimum, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days horizon Optimum Small is expected to generate 1.32 times more return on investment than the market. However, the company is 1.32 times more volatile than its market benchmark. It trades about 0.0 of its potential returns per unit of risk. The DOW is currently generating roughly -0.02 per unit of risk.

Optimum Small Current Valuation

Undervalued
Today 9.93
Please note that Optimum Small's price fluctuation is not too volatile at this time.
Optimum Small Cap holds a recent Real Value of $10.13 per share. The prevailing price of the fund is $9.93. At this time, the fund appears to be undervalued. We determine the value of Optimum Small Cap from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Our valuation method for Optimum Small Cap is useful when determining the fair value of the Optimum mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Optimum Small. Since Optimum Small is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Optimum Mutual Fund. However, Optimum Small's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
10.13
Real Value
11.77
Upside
Estimating the potential upside or downside of Optimum Small Cap helps investors to forecast how Optimum mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Optimum Small more accurately as focusing exclusively on Optimum Small's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimated ValueHigh
8.299.9311.57
Details

Optimum Small Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Optimum Small's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Optimum Small Cap, and traders can use it to determine the average amount a Optimum Small's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0043

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Estimated Market Risk
 1.64
  actual daily
 
 14 %
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1414
Expected Return
 0.01
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Risk-Adjusted Return
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Based on monthly moving average Optimum Small is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Optimum Small by adding it to a well-diversified portfolio.

About Optimum Small Performance

To evaluate Optimum Small Cap Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Optimum Small generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Optimum Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Optimum Small Cap market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Optimum's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
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.

Things to note about Optimum Small Cap

Checking the ongoing alerts about Optimum Small for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Optimum Small Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Optimum Small Alerts

Equity Alerts and Improvement Suggestions

The fund maintains 95.83% of its assets in stocks
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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for Optimum Mutual Fund analysis

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.