Optimum Small Mid Cap Fund Buy Hold or Sell Recommendation

OASGX Fund  USD 11.33  0.04  0.35%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Optimum Small Mid Cap is 'Not Rated'. Macroaxis provides Optimum Small buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding OASGX positions. The advice algorithm takes into account all of Optimum Small's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Optimum Small's buy or sell advice are summarized below:
Real Value
0.0
Hype Value
0.0
Market Value
11.33
Naive Value
11.46
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Optimum Small Mid Cap given historical horizon and risk tolerance towards Optimum Small. When Macroaxis issues a 'buy' or 'sell' recommendation for Optimum Small Mid Cap, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Optimum Small Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual funds such as Optimum and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Optimum Small Mid Cap. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Execute Optimum Small Buy or Sell Advice

The Optimum recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Optimum Small Mid Cap. Macroaxis does not own or have any residual interests in Optimum Small Mid Cap or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Optimum Small's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Optimum SmallBuy Optimum Small
Strong Sell

Market Performance

GoodDetails

Volatility

Out of controlDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Optimum Small Mid Cap has a Mean Deviation of 0.8079, Semi Deviation of 0.8721, Standard Deviation of 1.05, Variance of 1.11, Downside Variance of 1.33 and Semi Variance of 0.7605
Our trade recommendations tool can cross-verify current analyst consensus on Optimum Small-mid Cap and to analyze the entity potential to grow in the current economic cycle. Use Optimum Small-mid Cap price to earning, one year return, as well as the relationship between the One Year Return and equity positions weight to ensure your buy or sell decision on Optimum Small-mid Cap is adequate.

Optimum Small Trading Alerts and Improvement Suggestions

The fund generated three year return of -2.0%
Optimum Small-mid Cap maintains 97.34% of its assets in stocks

Optimum Small Returns Distribution Density

The distribution of Optimum Small's historical returns is an attempt to chart the uncertainty of Optimum Small's future price movements. The chart of the probability distribution of Optimum Small daily returns describes the distribution of returns around its average expected value. We use Optimum Small Mid Cap price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Optimum Small returns is essential to provide solid investment advice for Optimum Small.
Mean Return
0.18
Value At Risk
-1.52
Potential Upside
1.69
Standard Deviation
1.05
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Optimum Small historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Optimum Small Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Optimum Small or Delaware Funds by Macquarie sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Optimum Small's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Optimum fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.18
β
Beta against NYSE Composite-0.11
σ
Overall volatility
1.05
Ir
Information ratio 0.04

Optimum Small Volatility Alert

Optimum Small Mid Cap has relatively low volatility with skewness of -0.45 and kurtosis of 0.67. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Optimum Small's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Optimum Small's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Optimum Small Fundamentals Vs Peers

Comparing Optimum Small's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Optimum Small's direct or indirect competition across all of the common fundamentals between Optimum Small and the related equities. This way, we can detect undervalued stocks with similar characteristics as Optimum Small or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Optimum Small's fundamental indicators could also be used in its relative valuation, which is a method of valuing Optimum Small by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Optimum Small to competition
FundamentalsOptimum SmallPeer Average
Price To Earning2.31 X6.53 X
Price To Book3.14 X0.74 X
Price To Sales1.76 X0.61 X
Year To Date Return8.14 %0.39 %
One Year Return19.74 %4.15 %
Three Year Return(1.71) %3.60 %
Five Year Return10.68 %3.24 %
Ten Year Return11.08 %1.79 %
Net Asset564.02 M4.11 B
Cash Position Weight2.64 %10.61 %
Equity Positions Weight97.34 %63.90 %

Optimum Small Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Optimum . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Optimum Small Buy or Sell Advice

When is the right time to buy or sell Optimum Small Mid Cap? Buying financial instruments such as Optimum Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Optimum Small in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Macroaxis Picks Thematic Idea Now

Macroaxis Picks
Macroaxis Picks Theme
Daily selected watch list of stocks of large companies handpicked by Macroaxis Team based on their diversification potential. The Macroaxis Picks theme has 50 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Macroaxis Picks Theme or any other thematic opportunities.
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Check out Optimum Small Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note that the Optimum Small-mid Cap information on this page should be used as a complementary analysis to other Optimum Small's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running Optimum Small's price analysis, check to measure Optimum Small's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Optimum Small is operating at the current time. Most of Optimum Small's value examination focuses on studying past and present price action to predict the probability of Optimum Small's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Optimum Small's price. Additionally, you may evaluate how the addition of Optimum Small to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Optimum Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Optimum Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Optimum Small's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.