Oppenheimer Steelpath Mlp Fund Buy Hold or Sell Recommendation

MLPGX Fund  USD 7.42  0.05  0.67%   
Assuming the 90 days horizon and your typical level of risk aversion, our recommendation regarding Oppenheimer Steelpath Mlp is 'Buy'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Oppenheimer Steelpath Mlp given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Oppenheimer Steelpath Mlp, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Oppenheimer Steelpath 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, we conduct extensive research on individual funds such as Oppenheimer and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Oppenheimer Steelpath Mlp. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in price.

Execute Oppenheimer Steelpath Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Oppenheimer SteelpathBuy Oppenheimer Steelpath
Buy

Market Performance

SolidDetails

Volatility

Not too volatileDetails

Hype Condition

StaleDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Oppenheimer Steelpath Mlp has a Risk Adjusted Performance of 0.2007, Jensen Alpha of 0.2094, Total Risk Alpha of 0.0706, Sortino Ratio of 0.0938 and Treynor Ratio of 1.93
We provide trade recommendations to complement the recent expert consensus on Oppenheimer Steelpath Mlp. Our dynamic recommendation engine exercises a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at the time. Use Oppenheimer Steelpath Mlp one year return and cash position weight to ensure your buy or sell decision on Oppenheimer Steelpath Mlp is adequate.

Oppenheimer Steelpath Trading Alerts and Improvement Suggestions

The fund generated-3.0 ten year return of -3.0%
Oppenheimer Steelpath Mlp maintains 99.33% of its assets in stocks

Oppenheimer Steelpath Returns Distribution Density

The distribution of Oppenheimer Steelpath's historical returns is an attempt to chart the uncertainty of Oppenheimer Steelpath's future price movements. The chart of the probability distribution of Oppenheimer Steelpath daily returns describes the distribution of returns around its average expected value. We use Oppenheimer Steelpath Mlp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Oppenheimer Steelpath returns is essential to provide solid investment advice for Oppenheimer Steelpath.
Mean Return
0.23
Value At Risk
-1.2
Potential Upside
1.46
Standard Deviation
0.87
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Oppenheimer Steelpath 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.

Oppenheimer Steelpath 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 Oppenheimer Steelpath or Invesco 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 Oppenheimer Steelpath'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 Oppenheimer 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 Dow Jones
0.21
β
Beta against Dow Jones0.12
σ
Overall volatility
0.87
Ir
Information ratio 0.11

Oppenheimer Steelpath Volatility Alert

Oppenheimer Steelpath Mlp has low volatility with Treynor Ratio of 1.93, Maximum Drawdown of 4.62 and kurtosis of 2.08. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Oppenheimer Steelpath'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 Oppenheimer Steelpath'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.

Oppenheimer Steelpath Fundamentals Vs Peers

Comparing Oppenheimer Steelpath'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 Oppenheimer Steelpath's direct or indirect competition across all of the common fundamentals between Oppenheimer Steelpath and the related equities. This way, we can detect undervalued stocks with similar characteristics as Oppenheimer Steelpath or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Oppenheimer Steelpath's fundamental indicators could also be used in its relative valuation, which is a method of valuing Oppenheimer Steelpath by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Oppenheimer Steelpath to competition
FundamentalsOppenheimer SteelpathPeer Average
Price To Earning21.69 X6.53 X
Price To Book1.51 X0.74 X
Price To Sales1.07 X0.61 X
Annual Yield0.06 %0.29 %
Year To Date Return45.65 %0.39 %
One Year Return41.54 %4.15 %
Three Year Return31.74 %3.60 %
Five Year Return19.76 %3.24 %
Ten Year Return(2.51) %1.79 %
Net Asset794.41 M4.11 B
Last Dividend Paid0.030.65
Cash Position Weight0.67 %10.61 %
Equity Positions Weight99.33 %63.90 %

Oppenheimer Steelpath Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Oppenheimer . 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 Oppenheimer Steelpath Buy or Sell Advice

When is the right time to buy or sell Oppenheimer Steelpath Mlp? Buying financial instruments such as Oppenheimer 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.

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In addition to having Oppenheimer Steelpath 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.

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An experimental equal-weighted decomposition of large high potential stocks based on Macroaxis scoring framework. The Giant Impact theme has 44 constituents at this time.
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Other Information on Investing in Oppenheimer Mutual Fund

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