Optimum Large Cap Fund Probability of Future Mutual Fund Price Finishing Under 15.44
| OCLGX Fund | USD 13.88 0.09 0.64% |
Optimum |
Optimum Large Target Price Odds to finish below 15.44
The tendency of Optimum Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 15.44 after 90 days |
| 13.88 | 90 days | 15.44 | about 84.85 |
Based on a normal probability distribution, the odds of Optimum Large to stay under $ 15.44 after 90 days from now is about 84.85 (This Optimum Large Cap probability density function shows the probability of Optimum Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Optimum Large Cap price to stay between its current price of $ 13.88 and $ 15.44 at the end of the 90-day period is about 82.55 .
Assuming the 90 days horizon Optimum Large has a beta of 0.9. This indicates Optimum Large Cap market returns are sensitive to returns on the market. As the market goes up or down, Optimum Large is expected to follow. Additionally Optimum Large Cap has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Optimum Large Price Density |
| Price |
Predictive Modules for Optimum Large
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Optimum Large Cap. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Optimum Large Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Optimum Large is not an exception. The market had few large corrections towards the Optimum Large's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Optimum Large Cap, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Optimum Large within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 0.90 | |
σ | Overall volatility | 0.52 | |
Ir | Information ratio | -0.05 |
Optimum Large Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Optimum Large for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Optimum Large Cap can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Optimum Large Cap generated a negative expected return over the last 90 days | |
| The fund maintains 98.19% of its assets in stocks |
Optimum Large Technical Analysis
Optimum Large's future price can be derived by breaking down and analyzing its technical indicators over time. Optimum Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Optimum Large Cap. In general, you should focus on analyzing Optimum Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Optimum Large Predictive Forecast Models
Optimum Large's time-series forecasting models is one of many Optimum Large's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Optimum Large's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Optimum Large Cap
Checking the ongoing alerts about Optimum Large for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Optimum Large Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Optimum Large Cap generated a negative expected return over the last 90 days | |
| The fund maintains 98.19% of its assets in stocks |
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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