Optimum Mutual Fund Technical Analysis

OAIEX -  USA Fund  

USD 10.86  0.27  2.43%

As of the 18th of May 2022, Optimum International holds the coefficient of variation of (622.84), and Risk Adjusted Performance of (0.22). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Optimum International, as well as the relationship between them. Put it differently, you can use this information to find out if the fund will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Optimum International, which can be compared to its competitors. Please check Optimum International information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Optimum International is priced some-what accurately, providing market reflects its current price of 10.86 per share.
  
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Optimum International technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Optimum International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Optimum International trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Optimum International Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Optimum International volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Optimum International Trend Analysis

Use this graph to draw trend lines for Optimum International Equity. You can use it to identify possible trend reversals for Optimum International as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Optimum International price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Optimum International Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Optimum International Equity applied against its price change over selected period. The best fit line has a slop of   -0.02  , which may suggest that Optimum International Equity market price will keep on failing further. It has 122 observation points and a regression sum of squares at 15.64, which is the sum of squared deviations for the predicted Optimum International price change compared to its average price change.

About Optimum International Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Optimum International Equity on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Optimum International Equity based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Optimum International stock first instead of the macroeconomic environment surrounding Optimum International. By analyzing Optimum International's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Optimum International's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Optimum International specific price patterns or momentum indicators. Please read more on our technical analysis page.

Optimum International May 18, 2022 Technical Indicators

Most technical analysis of Optimum help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Optimum from various momentum indicators to cycle indicators. When you analyze Optimum charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Optimum International One Year Return

Based on the recorded statements, Optimum International Equity has an One Year Return of -6.35%. This is 150.32% lower than that of the Delaware Funds by Macquarie family and significantly lower than that of the Foreign Large Blend category. The one year return for all United States funds is notably higher than that of the company.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

Optimum International May 18, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Optimum stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Please check Your Equity Center. Note that the Optimum International information on this page should be used as a complementary analysis to other Optimum International'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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Optimum International price analysis, check to measure Optimum International'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 International is operating at the current time. Most of Optimum International's value examination focuses on studying past and present price action to predict the probability of Optimum International's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Optimum International's price. Additionally, you may evaluate how the addition of Optimum International to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Optimum International's value and its price as these two are different measures arrived at by different means. Investors typically determine Optimum International value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Optimum International'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.