Optimum International Financials
| OIIEX Fund | USD 12.89 0.01 0.08% |
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 International Fund Summary
Optimum International competes with Optimum Small, Optimum Small, Ivy Apollo, Optimum Fixed, and Ivy Asset. The fund invests primarily in non-U.S. securities including securities of issuers located in emerging markets, but, in any event, will invest at least 65 percent of its net assets in non-U.S. securities. The Advisor intends to invest primarily in common stocks, but it may also invest in other securities that a sub-advisor believes provide opportunities for capital growth and income, such as preferred stocks, rights and warrants, depositary receipts, participatory notes and securities convertible into common stocks.Specialization | Foreign Large Blend, Large Blend |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US2461186999 |
| Business Address | Optimum Fund Trust |
| Mutual Fund Family | Delaware Funds by Macquarie |
| Mutual Fund Category | Foreign Large Blend |
| Benchmark | Dow Jones Industrial |
| Phone | 800 914 0278 |
| Currency | USD - US Dollar |
Optimum International Key Financial Ratios
Optimum Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Optimum International's current stock value. Our valuation model uses many indicators to compare Optimum International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Optimum International competition to find correlations between indicators driving Optimum International's intrinsic value. More Info.Optimum International Fund is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Optimum International Fund is roughly 9.24 . 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 International's earnings, one of the primary drivers of an investment's value.Optimum International Systematic Risk
Optimum International's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Optimum International 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Optimum International correlated with the market. If Beta is less than 0 Optimum International generally moves in the opposite direction as compared to the market. If Optimum International Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Optimum International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Optimum International is generally in the same direction as the market. If Beta > 1 Optimum International moves generally in the same direction as, but more than the movement of the benchmark.
Optimum International November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Optimum International help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Optimum International Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Optimum International Fund 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 International's daily price indicators and compare them against related drivers.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 3.78 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.28 |
Other Information on Investing in Optimum Mutual Fund
Optimum International 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 International security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |