Optimum Mutual Fund Volatility


USD 8.69  0.01  0.11%   

We consider Optimum Fixed out of control. Optimum Fixed Income maintains Sharpe Ratio (i.e., Efficiency) of 0.0296, which implies the entity had 0.0296% of return per unit of risk over the last 3 months. Our standpoint towards forecasting the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Optimum Fixed Income, which you can use to evaluate the future volatility of the fund. Please check Optimum Fixed Income Coefficient Of Variation of 4848.53, risk adjusted performance of 0.0096, and Semi Deviation of 0.5291 to confirm if the risk estimate we provide is consistent with the expected return of 0.0144%.
Optimum Fixed Mutual Fund volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Optimum daily returns, and it is calculated using variance and standard deviation. We also use Optimum's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Optimum Fixed volatility.

30 Days Market Risk

Out of control

Chance of Distress

Very Small

30 Days Economic Sensitivity

Barely shadows the market
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Optimum Fixed can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Optimum Fixed at lower prices. For example, an investor can purchase Optimum stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Optimum Fixed's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.

Moving together with Optimum Fixed

0.99MWTIXMetropolitan West TotalPairCorr
0.99MWTTXMetropolitan West TotalPairCorr
0.99MWTRXMetropolitan West TotalPairCorr
0.98DODIXDodge Cox IncomePairCorr
0.98PTTAXPimco Fds TotalPairCorr
0.98PTTCXPimco Fds TotalPairCorr
0.99PTTRXPimco Funds TotalPairCorr

Optimum Fixed Market Sensitivity And Downside Risk

Optimum Fixed's beta coefficient measures the volatility of Optimum mutual fund compared to the systematic risk of the entire stock market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Optimum mutual fund's returns against your selected market. In other words, Optimum Fixed's beta of 0.1 provides an investor with an approximation of how much risk Optimum Fixed mutual fund can potentially add to one of your existing portfolios.
Optimum Fixed Income exhibits very low volatility with skewness of -0.88 and kurtosis of 1.89. However, we advise investors to further study Optimum Fixed Income technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Optimum Fixed's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Optimum Fixed's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
3 Months Beta |Analyze Optimum Fixed Income Demand Trend
Check current 90 days Optimum Fixed correlation with market (DOW)

Optimum Beta

Optimum standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.

Standard Deviation

It is essential to understand the difference between upside risk (as represented by Optimum Fixed's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Optimum Fixed's daily returns or price. Since the actual investment returns on holding a position in optimum mutual fund tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Optimum Fixed.

Optimum Fixed Income Mutual Fund Volatility Analysis

Volatility refers to the frequency at which Optimum Fixed fund price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Optimum Fixed's price changes. Investors will then calculate the volatility of Optimum Fixed's mutual fund to predict their future moves. A fund that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A mutual fund with relatively stable price changes has low volatility. A highly volatile fund is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Optimum Fixed's volatility:

Historical Volatility

This type of fund volatility measures Optimum Fixed's fluctuations based on previous trends. It's commonly used to predict Optimum Fixed's future behavior based on its past. However, it cannot conclusively determine the future direction of the mutual fund.

Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for Optimum Fixed's current market price. This means that the fund will return to its initially predicted market price.
The output start index for this execution was zero with a total number of output elements of sixty-one. Optimum Fixed Income Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.

Optimum Fixed Projected Return Density Against Market

Assuming the 90 days horizon Optimum Fixed has a beta of 0.1002 . 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.
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Optimum Fixed or Delaware Funds by Macquarie sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Optimum Fixed's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Optimum fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
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.
   Predicted Return Density   
Optimum Fixed's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how optimum mutual fund's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives an Optimum Fixed Price Volatility?

Several factors can influence a Fund's stock volatility:


Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.

Political and Economic environment

When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.

The Company's Performance

Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.

Optimum Fixed Mutual Fund Risk Measures

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Optimum Fixed or Delaware Funds by Macquarie sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Optimum Fixed's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Optimum fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Assuming the 90 days horizon the coefficient of variation of Optimum Fixed is 3377.39. The daily returns are distributed with a variance of 0.24 and standard deviation of 0.49. The mean deviation of Optimum Fixed Income is currently at 0.38. For similar time horizon, the selected benchmark (DOW) has volatility of 1.25
Alpha over DOW
Beta against DOW0.10
Overall volatility
Information ratio -0.23

Optimum Fixed Mutual Fund Return Volatility

Optimum Fixed historical daily return volatility represents how much of Optimum Fixed fund's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund shows 0.4867% volatility of returns over 90 . By contrast, DOW inherits 1.1776% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 

About Optimum Fixed Volatility

Volatility is a rate at which the price of Optimum Fixed or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Optimum Fixed may increase or decrease. In other words, similar to Optimum's beta indicator, it measures the risk of Optimum Fixed and helps estimate the fluctuations that may happen in a short period of time. So if prices of Optimum Fixed fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.
Under normal circumstances, the fund will invest at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in fixed income securities . Optimum Fixed is traded on NASDAQ Exchange in the United States.

Optimum Fixed Investment Opportunity

DOW has a standard deviation of returns of 1.18 and is 2.41 times more volatile than Optimum Fixed Income. of all equities and portfolios are less risky than Optimum Fixed. Compared to the overall equity markets, volatility of historical daily returns of Optimum Fixed Income is lower than 4 () of all global equities and portfolios over the last 90 days.
Use Optimum Fixed Income to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The mutual fund experiences a normal downward trend and little activity. Check odds of Optimum Fixed to be traded at $8.6 in 90 days. .

Modest diversification

The correlation between Optimum Fixed Income and DJI is Modest diversification for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Optimum Fixed Income and DJI in the same portfolio, assuming nothing else is changed.

Optimum Fixed Additional Risk Indicators

The analysis of Optimum Fixed's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Optimum Fixed's investment and either accepting that risk or mitigating it. Along with some common measures of Optimum Fixed mutual fund's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Risk Adjusted Performance0.0096
Market Risk Adjusted Performance0.0086
Mean Deviation0.3722
Semi Deviation0.5291
Downside Deviation0.5785
Coefficient Of Variation4848.53
Standard Deviation0.4782
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential mutual funds, we recommend comparing similar funds with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Optimum Fixed Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
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The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Optimum Fixed as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Optimum Fixed's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Optimum Fixed's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Optimum Fixed Income.
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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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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.