Oppenheimer Discovery Financial Statements From 2010 to 2024
ODINX Fund | USD 82.87 0.69 0.84% |
Check Oppenheimer Discovery financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Oppenheimer Discovery's main balance sheet or income statement drivers, such as , as well as many indicators such as . Oppenheimer financial statements analysis is a perfect complement when working with Oppenheimer Discovery Valuation or Volatility modules.
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Oppenheimer Discovery Fd Mutual Fund Price To Earning Analysis
Oppenheimer Discovery's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Oppenheimer Discovery Price To Earning | 34.66 X |
Most of Oppenheimer Discovery's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Oppenheimer Discovery Fd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Oppenheimer Discovery Fd has a Price To Earning of 34.66 times. This is much higher than that of the OppenheimerFunds family and significantly higher than that of the Small Growth category. The price to earning for all United States funds is notably lower than that of the firm.
Oppenheimer Discovery Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Oppenheimer Discovery's current stock value. Our valuation model uses many indicators to compare Oppenheimer Discovery value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Oppenheimer Discovery competition to find correlations between indicators driving Oppenheimer Discovery's intrinsic value. More Info.Oppenheimer Discovery Fd is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about 0.14 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Oppenheimer Discovery Fd is roughly 7.24 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Oppenheimer Discovery's earnings, one of the primary drivers of an investment's value.About Oppenheimer Discovery Financial Statements
Oppenheimer Discovery investors use historical fundamental indicators, such as Oppenheimer Discovery's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Oppenheimer Discovery. Please read more on our technical analysis and fundamental analysis pages.
The fund mainly invests in common stocks of U.S. companies that the portfolio managers believe have favorable growth prospects. It emphasizes stocks of small-capitalization companies. The fund managers consider a small-capitalization company to be one that has a market capitalization, at the time of purchase, within the range of market capitalizations of the Russell 2000 Growth Index. A companys market capitalization is the value of its outstanding common stock.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Oppenheimer Mutual Fund
Oppenheimer Discovery financial ratios help investors to determine whether Oppenheimer 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 Oppenheimer with respect to the benefits of owning Oppenheimer Discovery security.
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