Optimum Small Mid Cap Fund Technical Analysis

OASGX Fund  USD 10.47  0.13  1.23%   
As of the 18th of April 2024, Optimum Small holds the Semi Deviation of 1.04, risk adjusted performance of 0.0388, and Coefficient Of Variation of 1813.27. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Optimum Small, as well as the relationship between them. Put it differently, you can use this information to find out if the fund will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Optimum Small Mid, which can be compared to its competitors. Please check Optimum Small Mid information ratio and downside variance to decide if Optimum Small Mid is priced some-what accurately, providing market reflects its current price of 10.47 per share.

Optimum Small 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 Optimum
  
Optimum Small's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Optimum Small 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 Small technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Optimum Small 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...

Optimum Small Mid Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 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 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Optimum Small 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   0.01  , which means Optimum Small Mid Cap will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3.78, which is the sum of squared deviations for the predicted Optimum Small price change compared to its average price change.

About Optimum Small 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'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'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 specific price patterns or momentum indicators. Please read more on our technical analysis page.

Optimum Small April 18, 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.

Optimum Small Mid One Year Return

Based on the recorded statements, Optimum Small Mid Cap has an One Year Return of 10.6361%. This is 15.72% lower than that of the Delaware Funds by Macquarie family and significantly higher than that of the Small Growth 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.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in 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.
Note that the Optimum Small Mid 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.