Optimum Fixed Financials
| OCFIX Fund | USD 8.57 0.01 0.12% |
Optimum |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Optimum Fixed Fund Summary
Optimum Fixed competes with Optimum Small-mid, Optimum Small-mid, Ivy Apollo, Ivy Asset, and Ivy Small. 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 . The adviser focuses on securities issued or guaranteed by the U.S. government or its agencies or instrumentalities, corporate debt securities, taxable and tax-exempt municipal securities, and mortgage-backed and asset-backed securities.Specialization | Intermediate Core-Plus Bond, Large Value |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US2461186650 |
| Business Address | Optimum Fund Trust |
| Mutual Fund Family | Delaware Funds by Macquarie |
| Mutual Fund Category | Intermediate Core-Plus Bond |
| Benchmark | Dow Jones Industrial |
| Phone | 800 914 0278 |
| Currency | USD - US Dollar |
Optimum Fixed Key Financial Ratios
Optimum Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Optimum Fixed's current stock value. Our valuation model uses many indicators to compare Optimum Fixed value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Optimum Fixed competition to find correlations between indicators driving Optimum Fixed's intrinsic value. More Info.Optimum Fixed Income is rated below average in price to earning among similar funds. It also is rated below average in price to book among similar funds fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Optimum Fixed Income is roughly 11.34 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Optimum Fixed's earnings, one of the primary drivers of an investment's value.Optimum Fixed Income Systematic Risk
Optimum Fixed's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Optimum Fixed volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourty-five with a total number of output elements of sixteen. The Beta measures systematic risk based on how returns on Optimum Fixed Income correlated with the market. If Beta is less than 0 Optimum Fixed generally moves in the opposite direction as compared to the market. If Optimum Fixed Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Optimum Fixed Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Optimum Fixed is generally in the same direction as the market. If Beta > 1 Optimum Fixed moves generally in the same direction as, but more than the movement of the benchmark.
Optimum Fixed January 31, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Optimum Fixed help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Optimum Fixed Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Optimum Fixed Income based on widely used predictive technical indicators. In general, we focus on analyzing Optimum Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Optimum Fixed's daily price indicators and compare them against related drivers.
| Information Ratio | (0.32) | |||
| Maximum Drawdown | 1.53 | |||
| Value At Risk | (0.58) | |||
| Potential Upside | 0.4717 |
Other Information on Investing in Optimum Mutual Fund
Optimum Fixed financial ratios help investors to determine whether Optimum Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Optimum with respect to the benefits of owning Optimum Fixed security.
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