Oppenheimer Discovery Fd Fund Price on October 25, 2024
| ODINX Fund | USD 82.72 1.31 1.56% |
Below is the normalized historical share price chart for Oppenheimer Discovery Fd extending back to April 20, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Oppenheimer Discovery stands at 82.72, as last reported on the 30th of December, with the highest price reaching 82.72 and the lowest price hitting 82.72 during the day.
If you're considering investing in Oppenheimer Mutual Fund, it is important to understand the factors that can impact its price. Oppenheimer Discovery maintains Sharpe Ratio (i.e., Efficiency) of -0.0291, which implies the entity had a -0.0291% return per unit of risk over the last 3 months. Oppenheimer Discovery exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oppenheimer Discovery's Risk Adjusted Performance of (0.02), coefficient of variation of (2,835), and Variance of 2.39 to confirm the risk estimate we provide.
Oppenheimer Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Oppenheimer |
Sharpe Ratio = -0.0291
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Estimated Market Risk
| 1.58 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Oppenheimer Discovery is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Oppenheimer Discovery by adding Oppenheimer Discovery to a well-diversified portfolio.
Oppenheimer Discovery Valuation on October 25, 2024
It is possible to determine the worth of Oppenheimer Discovery on a given historical date. On October 25, 2024 Oppenheimer was worth 86.58 at the beginning of the trading date compared to the closed value of 86.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oppenheimer Discovery mutual fund. Still, in general, we apply an absolute valuation method to find Oppenheimer Discovery's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Oppenheimer Discovery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oppenheimer Discovery's related companies.
| Open | High | Low | Close | Volume | |
| 86.63 | 86.63 | 86.63 | 86.63 | 1.00 | |
10/25/2024 | 86.58 | 86.58 | 86.58 | 86.58 | 1.00 |
| 87.70 | 87.70 | 87.70 | 87.70 | 1.00 |
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Oppenheimer Discovery Trading Date Momentum on October 25, 2024
| On October 28 2024 Oppenheimer Discovery Fd was traded for 87.70 at the closing time. The highest daily price throughout the period was 87.70 and the lowest price was 87.70 . There was no trading activity during the period 1.0. Lack of trading volume on 10/28/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 1.29% . The trading delta at closing time to current closing price is 0.77% . |
Oppenheimer Discovery Fundamentals Correlations and Trends
By evaluating Oppenheimer Discovery's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Oppenheimer Discovery's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Oppenheimer financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Oppenheimer Discovery Mutual Fund history
Oppenheimer Discovery investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Oppenheimer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oppenheimer Discovery will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Oppenheimer Discovery stock prices may prove useful in developing a viable investing in Oppenheimer Discovery
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.
Oppenheimer Discovery Mutual Fund Technical Analysis
Oppenheimer Discovery 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.
Price Boundaries
Oppenheimer Discovery Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Oppenheimer Discovery Fd cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Oppenheimer Discovery December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Oppenheimer Discovery mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oppenheimer Discovery shares will generate the highest return on investment. By undertsting and applying Oppenheimer Discovery mutual fund market strength indicators, traders can identify Oppenheimer Discovery Fd entry and exit signals to maximize returns
Oppenheimer Discovery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oppenheimer Discovery's price direction in advance. Along with the technical and fundamental analysis of Oppenheimer Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oppenheimer to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.11) |
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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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