Optimum Small Mid Cap Fund Manager Performance Evaluation
| OCSGX Fund | USD 7.43 0.01 0.13% |
The fund holds a Beta of 1.3, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Optimum Small-mid will likely underperform.
Risk-Adjusted Performance
13 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Optimum Small Mid Cap are ranked lower than 13 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak technical and fundamental indicators, Optimum Small-mid may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more| Expense Ratio | 2.2400 |
Optimum |
Optimum Small-mid Relative Risk vs. Return Landscape
If you would invest 662.00 in Optimum Small Mid Cap on September 1, 2024 and sell it today you would earn a total of 81.00 from holding Optimum Small Mid Cap or generate 12.24% return on investment over 90 days. Optimum Small Mid Cap is currently producing 0.1863% returns and takes up 1.0898% volatility of returns over 90 trading days. Put another way, 9% of traded mutual funds are less volatile than Optimum, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Optimum Small-mid Current Valuation
Fairly Valued
Today
Please note that Optimum Small-mid's price fluctuation is not too volatile at this time. At this time, the fund appears to be fairly valued. Optimum Small Mid holds a recent Real Value of $7.31 per share. The prevailing price of the fund is $7.43. We determine the value of Optimum Small Mid from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Optimum Small-mid is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Optimum Mutual Fund. However, Optimum Small-mid's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 7.43 | Real 7.31 | Hype 7.43 | Naive 7.5 |
The intrinsic value of Optimum Small-mid's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Optimum Small-mid's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Optimum Small Mid Cap helps investors to forecast how Optimum mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Optimum Small-mid more accurately as focusing exclusively on Optimum Small-mid's fundamentals will not take into account other important factors: Optimum Small-mid Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Optimum Small-mid's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Optimum Small Mid Cap, and traders can use it to determine the average amount a Optimum Small-mid's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.171
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | OCSGX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Optimum Small-mid is performing at about 13% 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 Small-mid by adding it to a well-diversified portfolio.
Optimum Small-mid Fundamentals Growth
Optimum Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Optimum Small-mid, and Optimum Small-mid fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Optimum Mutual Fund performance.
| Price To Earning | 1.49 X | ||||
| Price To Book | 3.14 X | ||||
| Price To Sales | 1.76 X | ||||
| Total Asset | 662.4 M | ||||
About Optimum Small-mid Performance
Evaluating Optimum Small-mid's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Optimum Small-mid has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Optimum Small-mid has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in securities of small- and mid-market capitalization companies . For purposes of this fund, small-market capitalization companies are those companies whose market capitalization is similar to the market capitalization of companies in the Russell 2000 Growth Index, and mid-market capitalization companies are those companies whose market capitalization is similar to the market capitalization of companies in the Russell Midcap Growth Index.Things to note about Optimum Small Mid performance evaluation
Checking the ongoing alerts about Optimum Small-mid for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Optimum Small Mid help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -4.0% | |
| Optimum Small Mid maintains 97.34% of its assets in stocks |
- Analyzing Optimum Small-mid's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Optimum Small-mid's stock is overvalued or undervalued compared to its peers.
- Examining Optimum Small-mid's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Optimum Small-mid's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Optimum Small-mid's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Optimum Small-mid's mutual fund. These opinions can provide insight into Optimum Small-mid's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Optimum Mutual Fund
Optimum Small-mid 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 Small-mid security.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |