Optimum International Fund Price on September 30, 2024
| OIIEX Fund | USD 13.14 0.09 0.69% |
Below is the normalized historical share price chart for Optimum International Fund 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 International stands at 13.14, as last reported on the 30th of November, with the highest price reaching 13.14 and the lowest price hitting 13.14 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 International maintains Sharpe Ratio (i.e., Efficiency) of 0.0371, which implies the entity had a 0.0371% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Optimum International, which you can use to evaluate the volatility of the fund. Please check Optimum International's Coefficient Of Variation of 18691.56, semi deviation of 0.7541, and Risk Adjusted Performance of 0.0044 to confirm if the risk estimate we provide is consistent with the expected return of 0.0285%.
Optimum Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Optimum |
Sharpe Ratio = 0.0371
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | OIIEX |
Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Optimum International is performing at about 2% 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 International by adding it to a well-diversified portfolio.
Optimum International Valuation on September 30, 2024
It is possible to determine the worth of Optimum International on a given historical date. On September 30, 2024 Optimum was worth 13.54 at the beginning of the trading date compared to the closed value of 13.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Optimum International mutual fund. Still, in general, we apply an absolute valuation method to find Optimum International'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 International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Optimum International's related companies.
| Open | High | Low | Close | Volume | |
| 13.72 | 13.72 | 13.72 | 13.72 | 1.00 | |
09/30/2024 | 13.54 | 13.54 | 13.54 | 13.54 | 1.00 |
| 13.48 | 13.48 | 13.48 | 13.48 | 1.00 |
| Backtest Optimum International | | | Optimum International History | | | Optimum International Valuation | Previous | Next |
Optimum International Trading Date Momentum on September 30, 2024
| On October 01 2024 Optimum International Fund was traded for 13.48 at the closing time. The highest daily price throughout the period was 13.48 and the lowest price was 13.48 . There was no trading activity during the period 1.0. Lack of trading volume on 10/01/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.44% . The trading delta at closing time to current closing price is 1.26% . |
Optimum International Fundamentals Correlations and Trends
By evaluating Optimum International'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 International'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 International Mutual Fund history
Optimum International 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 International 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 International stock prices may prove useful in developing a viable investing in Optimum International
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.
Optimum International Mutual Fund Technical Analysis
Optimum International 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 International Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Optimum International Fund 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 International November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Optimum International 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 International shares will generate the highest return on investment. By undertsting and applying Optimum International mutual fund market strength indicators, traders can identify Optimum International Fund entry and exit signals to maximize returns
Optimum International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Optimum International'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 | 0.0044 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | (0.01) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |