Optimum Large Cap Fund Price on November 8, 2024
| OCLVX Fund | USD 20.57 0.13 0.64% |
Below is the normalized historical share price chart for Optimum Large Cap extending back to July 23, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Optimum Large stands at 20.57, as last reported on the 26th of November, with the highest price reaching 20.57 and the lowest price hitting 20.57 during the day.
If you're considering investing in Optimum Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Optimum Mutual Fund to be very steady. Optimum Large Cap maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Optimum Large Cap, which you can use to evaluate the volatility of the fund. Please check Optimum Large's Coefficient Of Variation of 729.83, risk adjusted performance of 0.1031, and Semi Deviation of 0.4039 to confirm if the risk estimate we provide is consistent with the expected return of 0.0756%.
Optimum Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Optimum |
Sharpe Ratio = 0.1144
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Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 9 91% of assets perform better |
Based on monthly moving average Optimum Large is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Optimum Large by adding it to a well-diversified portfolio.
Optimum Large Valuation on November 8, 2024
It is possible to determine the worth of Optimum Large on a given historical date. On November 8, 2024 Optimum was worth 20.55 at the beginning of the trading date compared to the closed value of 20.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Optimum Large mutual fund. Still, in general, we apply an absolute valuation method to find Optimum Large's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Optimum Large where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Optimum Large's related companies.
| Open | High | Low | Close | Volume | |
| 20.41 | 20.41 | 20.41 | 20.41 | 1.00 | |
11/08/2024 | 20.55 | 20.55 | 20.55 | 20.55 | 1.00 |
| 20.62 | 20.62 | 20.62 | 20.62 | 1.00 |
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Optimum Large Trading Date Momentum on November 8, 2024
| On November 11 2024 Optimum Large Cap was traded for 20.62 at the closing time. The highest daily price throughout the period was 20.62 and the lowest price was 20.62 . There was no trading activity during the period 1.0. Lack of trading volume on 11/11/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.34% . The trading delta at closing time to current closing price is 0.97% . |
Optimum Large Cap Fundamentals Correlations and Trends
By evaluating Optimum Large's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Optimum Large's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Optimum financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Optimum Large Mutual Fund history
Optimum Large investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Optimum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Optimum Large Cap will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Optimum Large stock prices may prove useful in developing a viable investing in Optimum Large
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.
Optimum Large Mutual Fund Technical Analysis
Optimum Large technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Optimum Large Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Optimum Large Cap cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Optimum Large November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Optimum Large mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Optimum Large shares will generate the highest return on investment. By undertsting and applying Optimum Large mutual fund market strength indicators, traders can identify Optimum Large Cap entry and exit signals to maximize returns
Optimum Large Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Optimum Large's price direction in advance. Along with the technical and fundamental analysis of Optimum Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Optimum to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1031 | |||
| Jensen Alpha | 0.0789 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 7.63 |
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| Volume Indicators |
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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