Optimum International Fund Quote
| OAIEX Fund | USD 11.88 0.02 0.17% |
Performance5 of 100
| Odds Of DistressLess than 21
|
Optimum International is trading at 11.88 as of the 18th of April 2024; that is 0.17% increase since the beginning of the trading day. The fund's open price was 11.86. Optimum International has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Optimum International Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of May 2023 and ending today, the 18th of April 2024. Click here to learn more.
The fund invests primarily in non-U.S. securities including securities of issuers located in emerging markets, but, in any event, will invest at least 65 percent of its net assets in non-U.S. securities. The Advisor intends to invest primarily in common stocks, but it may also invest in other securities that a sub-advisor believes provide opportunities for capital growth and income, such as preferred stocks, rights and warrants, depositary receipts, participatory notes and securities convertible into common stocks.. More on Optimum International Fund
Moving together with Optimum Mutual Fund
| 0.83 | DHIZX | Delaware High Yield | PairCorr |
| 0.79 | DHIRX | Delaware High Yield | PairCorr |
| 0.78 | DHOIX | Delaware High Yield | PairCorr |
| 0.78 | DHOCX | Delaware High Yield | PairCorr |
| 0.74 | DHOAX | Delaware High Yield | PairCorr |
| 0.91 | OCSGX | Optimum Small Mid | PairCorr |
| 0.91 | DMO | Western Asset Mortgage | PairCorr |
Optimum Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Optimum International's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Optimum International or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Delaware Funds by Macquarie Funds, Large Growth Funds, Foreign Large Blend Funds, Foreign Large Blend, Delaware Funds by Macquarie (View all Sectors) |
| Update Date | 31st of March 2024 |
Optimum International Fund [OAIEX] is traded in USA and was established 18th of April 2024. Optimum International is listed under Delaware Funds by Macquarie category by Fama And French industry classification. The fund is listed under Foreign Large Blend category and is part of Delaware Funds by Macquarie family. This fund now has accumulated 577.72 M in assets with no minimum investment requirementsOptimum International is currently producing year-to-date (YTD) return of 0.85% with the current yeild of 0.01%, while the total return for the last 3 years was -3.89%.
Check Optimum International Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Optimum Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Optimum Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Optimum International Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Optimum International Fund Mutual Fund Constituents
| ASML | ASML Holding NV | Stock | Information Technology |
| BIDU | Baidu Inc | Stock | Communication Services |
| CCL | Carnival | Stock | Consumer Discretionary |
| CHKP | Check Point Software | Stock | Information Technology |
| DNB | Dun Bradstreet Holdings | Stock | Industrials |
| EQNR | Equinor ASA ADR | Stock | Energy |
| ICLR | ICON PLC | Stock | Health Care |
Optimum International Target Price Odds Analysis
Based on a normal probability distribution, the odds of Optimum International jumping above the current price in 90 days from now is about 67.96%. The Optimum International Fund probability density function shows the probability of Optimum International mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Optimum International has a beta of 0.1144. This indicates as returns on the market go up, Optimum International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Optimum International Fund will be expected to be much smaller as well. Additionally, optimum International Fund has an alpha of 0.0224, implying that it can generate a 0.0224 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Optimum International to move above the current price in 90 days from now is about 67.96 (This Optimum International Fund probability density function shows the probability of Optimum Mutual Fund to fall within a particular range of prices over 90 days) .
Optimum International Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Optimum International market risk premium is the additional return an investor will receive from holding Optimum International long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Optimum International. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Optimum International's alpha and beta are two of the key measurements used to evaluate Optimum International's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.5615 | |||
| Semi Deviation | 0.6731 | |||
| Standard Deviation | 0.7379 | |||
| Variance | 0.5444 |
Optimum International Against Markets
Picking the right benchmark for Optimum International mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Optimum International mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Optimum International is critical whether you are bullish or bearish towards Optimum International Fund at a given time. Please also check how Optimum International's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Optimum International without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Price Exposure Probability Now
Price Exposure ProbabilityAnalyze equity upside and downside potential for a given time horizon across multiple markets |
| All Next | Launch Module |
How to buy Optimum Mutual Fund?
Before investing in Optimum International, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Optimum International. To buy Optimum International fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Optimum International. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Optimum International fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Optimum International Fund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Optimum International Fund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Optimum International Fund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Optimum International Fund?
The danger of trading Optimum International Fund is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Optimum International is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Optimum International. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Optimum International is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Optimum International Fund. 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 income. Note that the Optimum International information on this page should be used as a complementary analysis to other Optimum International'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 Transaction History module to view history of all your transactions and understand their impact on performance.