Optimum Large Financials
| OILVX Fund | USD 20.97 0.13 0.62% |
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 Large Fund Summary
Optimum Large competes with Tcw Relative, T Rowe, Mfs International, and Rivernorth. 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 securities of large market capitalization companies . For purposes of this fund, large market capitalization companies are those companies whose market capitalization is similar to the market capitalization of companies in the Russell 1000 Value Index.Specialization | Large Value, Large Value |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US2461188300 |
| Business Address | Optimum Fund Trust |
| Mutual Fund Family | Delaware Funds by Macquarie |
| Mutual Fund Category | Large Value |
| Benchmark | Dow Jones Industrial |
| Phone | 800 914 0278 |
| Currency | USD - US Dollar |
Optimum Large Key Financial Ratios
Optimum Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Optimum Large's current stock value. Our valuation model uses many indicators to compare Optimum Large value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Optimum Large competition to find correlations between indicators driving Optimum Large's intrinsic value. More Info.Optimum Large Cap 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 0.16 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Optimum Large Cap is roughly 6.38 . 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 Large's earnings, one of the primary drivers of an investment's value.Optimum Large Cap Systematic Risk
Optimum Large's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Optimum Large 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 Large Cap correlated with the market. If Beta is less than 0 Optimum Large generally moves in the opposite direction as compared to the market. If Optimum Large Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Optimum Large Cap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Optimum Large is generally in the same direction as the market. If Beta > 1 Optimum Large moves generally in the same direction as, but more than the movement of the benchmark.
Optimum Large November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Optimum Large help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Optimum Large Cap. We use our internally-developed statistical techniques to arrive at the intrinsic value of Optimum Large Cap 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 Large's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.5399 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 3.32 | |||
| Value At Risk | (0.85) | |||
| Potential Upside | 1.07 |
Other Information on Investing in Optimum Mutual Fund
Optimum Large 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 Large security.
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