Optimum International Fund Statistic Functions Beta

OCIEX Fund  USD 12.85  0.08  0.63%   
Optimum International statistic functions tool provides the execution environment for running the Beta function and other technical functions against Optimum International. Optimum International value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Optimum International statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Technical Analysis Modules

Most technical analysis of Optimum International help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Optimum from various momentum indicators to cycle indicators. When you analyze Optimum charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Optimum International Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical 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, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Optimum International's intrinsic value. In addition to deriving basic predictive indicators for Optimum International, we also check how macroeconomic factors affect Optimum International price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Optimum International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
12.0912.8513.61
Details
Intrinsic
Valuation
LowRealHigh
12.1112.8713.63
Details
Naive
Forecast
LowNextHigh
12.1112.8713.64
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.5012.7012.90
Details

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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.
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