Optimum Fixed Income Fund Probability of Future Mutual Fund Price Finishing Over 8.35
| OIFIX Fund | USD 8.35 0.01 0.12% |
Optimum |
Optimum Fixed Target Price Odds to finish over 8.35
The tendency of Optimum Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 8.35 | 90 days | 8.35 | about 91.04 |
Based on a normal probability distribution, the odds of Optimum Fixed to move above the current price in 90 days from now is about 91.04 (This Optimum Fixed Income probability density function shows the probability of Optimum Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Optimum Fixed has a beta of 0.0663. 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. Additionally Optimum Fixed Income has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Optimum Fixed Price Density |
| Price |
Predictive Modules for Optimum Fixed
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Optimum Fixed Income. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Optimum Fixed Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Optimum Fixed is not an exception. The market had few large corrections towards the Optimum Fixed's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Optimum Fixed Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Optimum Fixed within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 0.1 | |
Ir | Information ratio | -0.55 |
Optimum Fixed Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Optimum Fixed for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Optimum Fixed Income can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Optimum Fixed Income generated a negative expected return over the last 90 days | |
| Optimum Fixed Income generated five year return of 0.0% | |
| This fund maintains about 25.77% of its assets in cash |
Optimum Fixed Technical Analysis
Optimum Fixed's future price can be derived by breaking down and analyzing its technical indicators over time. Optimum Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Optimum Fixed Income. In general, you should focus on analyzing Optimum Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Optimum Fixed Predictive Forecast Models
Optimum Fixed's time-series forecasting models is one of many Optimum Fixed's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Optimum Fixed's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Optimum Fixed Income
Checking the ongoing alerts about Optimum Fixed for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Optimum Fixed Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Optimum Fixed Income generated a negative expected return over the last 90 days | |
| Optimum Fixed Income generated five year return of 0.0% | |
| This fund maintains about 25.77% of its assets in cash |
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.
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |