Optimum Fixed Income Fund Price History

OIFIX Fund  USD 8.47  0.03  0.36%   
Below is the normalized historical share price chart for Optimum Fixed Income 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 Fixed stands at 8.47, as last reported on the 2nd of December, with the highest price reaching 8.47 and the lowest price hitting 8.47 during the day.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Optimum Mutual Fund, it is important to understand the factors that can impact its price. Optimum Fixed Income maintains Sharpe Ratio (i.e., Efficiency) of -0.0165, which implies the entity had a -0.0165% return per unit of risk over the last 3 months. Optimum Fixed Income exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Optimum Fixed's Coefficient Of Variation of (6,271), risk adjusted performance of (0.03), and Variance of 0.0942 to confirm the risk estimate we provide.
  
Optimum Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0165

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Estimated Market Risk

 0.31
  actual daily
2
98% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Optimum Fixed is not performing at its full potential. However, 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 Fixed by adding Optimum Fixed to a well-diversified portfolio.

Optimum Fixed Mutual Fund Price History Chart

There are several ways to analyze Optimum Fixed Income Fund price data. The simplest method is using a basic Optimum candlestick price chart, which shows Optimum Fixed price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceSeptember 16, 20248.64
Lowest PriceNovember 6, 20248.33

Optimum Fixed December 2, 2024 Mutual Fund Price Synopsis

Various analyses of Optimum Fixed's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Optimum Mutual Fund. It can be used to describe the percentage change in the price of Optimum Fixed from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Optimum Mutual Fund.
Optimum Fixed Price Action Indicator 0.02 
Optimum Fixed Price Rate Of Daily Change 1.00 

Optimum Fixed December 2, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Optimum Fixed Income Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Optimum Fixed intraday prices and daily technical indicators to check the level of noise trading in Optimum Fixed Income Fund and then apply it to test your longer-term investment strategies against Optimum.

Optimum Mutual Fund Price History Data

The price series of Optimum Fixed for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 has a statistical range of 0.31 with a coefficient of variation of 1.16. The daily prices for the period are spread out with arithmetic mean of 8.47. The median price for the last 90 days is 8.47. The company issued dividends to stockholders on December 12, 2019.
OpenHighLowCloseVolume
12/02/2024
 8.47  8.47  8.47  8.47 
11/29/2024 8.47  8.47  8.47  8.47  1.00 
11/27/2024 8.44  8.44  8.44  8.44  1.00 
11/26/2024 8.42  8.42  8.42  8.42  1.00 
11/25/2024 8.43  8.43  8.43  8.43  1.00 
11/22/2024 8.35  8.35  8.35  8.35  1.00 
11/21/2024 8.35  8.35  8.35  8.35  1.00 
11/20/2024 8.35  8.35  8.35  8.35  1.00 
11/19/2024 8.36  8.36  8.36  8.36  1.00 
11/18/2024 8.35  8.35  8.35  8.35  1.00 
11/15/2024 8.34  8.34  8.34  8.34  1.00 
11/14/2024 8.34  8.34  8.34  8.34  1.00 
11/13/2024 8.34  8.34  8.34  8.34  1.00 
11/12/2024 8.35  8.35  8.35  8.35  1.00 
11/11/2024 8.40  8.40  8.40  8.40  1.00 
11/08/2024 8.41  8.41  8.41  8.41  1.00 
11/07/2024 8.39  8.39  8.39  8.39  1.00 
11/06/2024 8.33  8.33  8.33  8.33  1.00 
11/05/2024 8.39  8.39  8.39  8.39  1.00 
11/04/2024 8.37  8.37  8.37  8.37  1.00 
11/01/2024 8.34  8.34  8.34  8.34  1.00 
10/31/2024 8.37  8.37  8.37  8.37  1.00 
10/30/2024 8.38  8.38  8.38  8.38  1.00 
10/29/2024 8.38  8.38  8.38  8.38  1.00 
10/28/2024 8.37  8.37  8.37  8.37  1.00 
10/25/2024 8.38  8.38  8.38  8.38  1.00 
10/24/2024 8.40  8.40  8.40  8.40  1.00 
10/23/2024 8.38  8.38  8.38  8.38  1.00 
10/22/2024 8.40  8.40  8.40  8.40  1.00 
10/21/2024 8.41  8.41  8.41  8.41  1.00 
10/18/2024 8.47  8.47  8.47  8.47  1.00 
10/17/2024 8.46  8.46  8.46  8.46  1.00 
10/16/2024 8.50  8.50  8.50  8.50  1.00 
10/15/2024 8.49  8.49  8.49  8.49  1.00 
10/14/2024 8.46  8.46  8.46  8.46  1.00 
10/11/2024 8.47  8.47  8.47  8.47  1.00 
10/10/2024 8.47  8.47  8.47  8.47  1.00 
10/09/2024 8.47  8.47  8.47  8.47  1.00 
10/08/2024 8.49  8.49  8.49  8.49  1.00 
10/07/2024 8.48  8.48  8.48  8.48  1.00 
10/04/2024 8.50  8.50  8.50  8.50  1.00 
10/03/2024 8.56  8.56  8.56  8.56  1.00 
10/02/2024 8.59  8.59  8.59  8.59  1.00 
10/01/2024 8.61  8.61  8.61  8.61  1.00 
09/30/2024 8.58  8.58  8.58  8.58  1.00 
09/27/2024 8.61  8.61  8.61  8.61  1.00 
09/26/2024 8.58  8.58  8.58  8.58  1.00 
09/25/2024 8.59  8.59  8.59  8.59  1.00 
09/24/2024 8.61  8.61  8.61  8.61  1.00 
09/23/2024 8.60  8.60  8.60  8.60  1.00 
09/20/2024 8.61  8.61  8.61  8.61  1.00 
09/19/2024 8.61  8.61  8.61  8.61  1.00 
09/18/2024 8.61  8.61  8.61  8.61  1.00 
09/17/2024 8.63  8.63  8.63  8.63  1.00 
09/16/2024 8.64  8.64  8.64  8.64  1.00 
09/13/2024 8.61  8.61  8.61  8.61  1.00 
09/12/2024 8.59  8.59  8.59  8.59  1.00 
09/11/2024 8.60  8.60  8.60  8.60  1.00 
09/10/2024 8.60  8.60  8.60  8.60  1.00 
09/09/2024 8.58  8.58  8.58  8.58  1.00 
09/06/2024 8.57  8.57  8.57  8.57  1.00 

About Optimum Fixed Mutual Fund history

Optimum Fixed 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 Fixed Income 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 Fixed stock prices may prove useful in developing a viable investing in Optimum Fixed
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 fixed income securities . The adviser focuses on securities issued or guaranteed by the U.S. government or its agencies or instrumentalities, corporate debt securities, taxable and tax-exempt municipal securities, and mortgage-backed and asset-backed securities.

Optimum Fixed Mutual Fund Technical Analysis

Optimum Fixed 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.
A focus of Optimum Fixed technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Optimum Fixed trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Optimum Fixed Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Optimum Fixed'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.

Other Information on Investing in Optimum Mutual Fund

Optimum Fixed 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 Fixed security.
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