Optimum Small Mid Cap Fund Beta
| OCSVX Fund | USD 12.95 0.02 0.15% |
Optimum Small Mid Cap fundamentals help investors to digest information that contributes to Optimum Small-mid's financial success or failures. It also enables traders to predict the movement of Optimum Mutual Fund. The fundamental analysis module provides a way to measure Optimum Small-mid's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Optimum Small-mid mutual fund.
Optimum |
Optimum Small Mid Cap Mutual Fund Beta Analysis
Optimum Small-mid's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Optimum Small Mid Cap has a Beta of 0.0. This indicator is about the same for the Delaware Funds by Macquarie average (which is currently at 0.0) family and about the same as Small Value (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
Optimum Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Optimum Small-mid's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Optimum Small-mid could also be used in its relative valuation, which is a method of valuing Optimum Small-mid by comparing valuation metrics of similar companies.Optimum Small is currently under evaluation in beta among similar funds.
Fund Asset Allocation for Optimum Small-mid
The fund consists of 98.25% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Optimum Small-mid's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Optimum Fundamentals
| Price To Earning | 15.26 X | ||||
| Price To Book | 1.69 X | ||||
| Price To Sales | 0.93 X | ||||
| Total Asset | 690.76 M | ||||
| Year To Date Return | 17.17 % | ||||
| One Year Return | 28.56 % | ||||
| Three Year Return | 3.11 % | ||||
| Five Year Return | 7.72 % | ||||
| Ten Year Return | 3.98 % | ||||
| Net Asset | 559.56 M | ||||
| Last Dividend Paid | 0.02 | ||||
| Cash Position Weight | 1.75 % | ||||
| Equity Positions Weight | 98.25 % |
About Optimum Small-mid Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Optimum Small Mid Cap's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Optimum Small-mid using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Optimum Small Mid Cap based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.
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