Optimum Mutual Fund Manager Performance Evaluation

OCFIX
 Fund
  

USD 8.18  0.03  0.37%   

The fund holds a Beta of 0.123, 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 Fixed returns are expected to increase less than the market. However, during the bear market, the loss on holding Optimum Fixed will be expected to be smaller as well. Even though it is essential to pay attention to Optimum Fixed Income current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Our philosophy towards forecasting any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Optimum Fixed Income exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
Optimum Performance
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Over the last 90 days Optimum Fixed Income has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong forward indicators, Optimum Fixed 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 Low8.31
Fifty Two Week High9.93
Annual Report Expense Ratio1.82%

Optimum Fixed Relative Risk vs. Return Landscape

If you would invest  841.00  in Optimum Fixed Income on June 27, 2022 and sell it today you would lose (23.00)  from holding Optimum Fixed Income or give up 2.73% of portfolio value over 90 days. Optimum Fixed Income is currently producing negative expected returns and takes up 0.4402% volatility of returns over 90 trading days. Put another way, 3% 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 Fixed is expected to generate 0.4 times more return on investment than the market. However, the company is 2.51 times less risky than the market. It trades about -0.1 of its potential returns per unit of risk. The DOW is currently generating roughly -0.08 per unit of risk.

Optimum Fixed Current Valuation

Fairly Valued
Today 8.18
Please note that Optimum Fixed's price fluctuation is very steady at this time.
Optimum Fixed Income holds a recent Real Value of $8.25 per share. The prevailing price of the fund is $8.18. At this time, the fund appears to be fairly valued. We determine the value of Optimum Fixed Income 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 Fixed Income 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 Fixed. Since Optimum Fixed is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Optimum Mutual Fund. However, Optimum Fixed'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.
8.25
Real Value
8.69
Upside
Estimating the potential upside or downside of Optimum Fixed Income 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 Fixed more accurately as focusing exclusively on Optimum Fixed's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimated ValueHigh
7.748.188.62
Details

Optimum Fixed Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Optimum Fixed's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Optimum Fixed Income, and traders can use it to determine the average amount a Optimum Fixed'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 = -0.0962

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Negative ReturnsOCFIX
Estimated Market Risk
 0.44
  actual daily
 
 3 %
of total potential
 
33
Expected Return
 -0.04
  actual daily
 
 0 %
of total potential
 
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Risk-Adjusted Return
 -0.1
  actual daily
 
 0 %
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00
Based on monthly moving average Optimum Fixed 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 Fixed by adding it to a well-diversified portfolio.

About Optimum Fixed Performance

To evaluate Optimum Fixed Income 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 Fixed 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 Fixed Income 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.
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.

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. Mutual Fund 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 Alerts

Equity Alerts and Improvement Suggestions

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 Your Equity Center. You can also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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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.