Optimum Small Mid Cap Fund Technical Analysis
| OISVX Fund | USD 16.81 0.02 0.12% |
As of the 30th of November, Optimum Small-mid holds the Risk Adjusted Performance of 0.1178, coefficient of variation of 666.28, and Semi Deviation of 0.6851. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Optimum Small-mid, as well as the relationship between them.
Optimum Small-mid Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Optimum, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OptimumOptimum |
Optimum Small-mid 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.
Optimum Small Mid Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Optimum Small Mid volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Optimum Small Mid Trend Analysis
Use this graph to draw trend lines for Optimum Small Mid Cap. You can use it to identify possible trend reversals for Optimum Small-mid as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Optimum Small-mid price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Optimum Small-mid Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Optimum Small Mid Cap applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Optimum Small Mid Cap will continue generating value for investors. It has 122 observation points and a regression sum of squares at 34.42, which is the sum of squared deviations for the predicted Optimum Small-mid price change compared to its average price change.About Optimum Small-mid Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Optimum Small Mid Cap on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Optimum Small Mid Cap based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Optimum Small Mid price pattern first instead of the macroeconomic environment surrounding Optimum Small Mid. By analyzing Optimum Small-mid's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Optimum Small-mid's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Optimum Small-mid specific price patterns or momentum indicators. Please read more on our technical analysis page.
Optimum Small-mid November 30, 2024 Technical Indicators
Most technical analysis of Optimum help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Optimum from various momentum indicators to cycle indicators. When you analyze Optimum charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1178 | |||
| Market Risk Adjusted Performance | 0.132 | |||
| Mean Deviation | 0.7862 | |||
| Semi Deviation | 0.6851 | |||
| Downside Deviation | 0.8643 | |||
| Coefficient Of Variation | 666.28 | |||
| Standard Deviation | 1.1 | |||
| Variance | 1.2 | |||
| Information Ratio | 0.0245 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0311 | |||
| Treynor Ratio | 0.122 | |||
| Maximum Drawdown | 6.37 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 1.62 | |||
| Downside Variance | 0.7471 | |||
| Semi Variance | 0.4693 | |||
| Expected Short fall | (0.90) | |||
| Skewness | 1.38 | |||
| Kurtosis | 5.52 |
Optimum Small Mid One Year Return
Based on the recorded statements, Optimum Small Mid Cap has an One Year Return of 29.9229%. This is 137.11% higher than that of the Delaware Funds by Macquarie family and significantly higher than that of the Small Value category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.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 | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |