Oppenhmr Discovery Mid Fund Price on May 13, 3030
| OEGIX Fund | USD 34.59 0.05 0.14% |
Below is the normalized historical share price chart for Oppenhmr Discovery Mid extending back to March 01, 2013. 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 Oppenhmr Discovery stands at 34.59, as last reported on the 21st of December, with the highest price reaching 34.59 and the lowest price hitting 34.59 during the day.
If you're considering investing in Oppenhmr Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Oppenhmr Mutual Fund to be very steady. Oppenhmr Discovery Mid maintains Sharpe Ratio (i.e., Efficiency) of 0.0211, which implies the entity had a 0.0211% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Oppenhmr Discovery Mid, which you can use to evaluate the volatility of the fund. Please check Oppenhmr Discovery's Risk Adjusted Performance of 0.0485, semi deviation of 1.37, and Coefficient Of Variation of 1770.85 to confirm if the risk estimate we provide is consistent with the expected return of 0.0264%.
Oppenhmr Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Oppenhmr |
Sharpe Ratio = 0.0211
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | OEGIX |
Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Oppenhmr Discovery is performing at about 1% of its full potential. 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 Oppenhmr Discovery by adding it to a well-diversified portfolio.
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.
About Oppenhmr Discovery Mutual Fund history
Oppenhmr 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 Oppenhmr is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oppenhmr Discovery Mid 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 Oppenhmr Discovery stock prices may prove useful in developing a viable investing in Oppenhmr Discovery
The fund mainly invests in common stocks of U.S. companies that the portfolio managers expect to have above-average growth rates. It seeks to invest in newer companies or in more established companies that are in the early growth phase of their business cycle, which is typically marked by above average growth rates. The fund will normally invest at least 80 percent of its net assets in equity securities of mid-cap issuers.
Oppenhmr Discovery Mutual Fund Technical Analysis
Oppenhmr 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
Oppenhmr Discovery Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Oppenhmr Discovery Mid 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.
Oppenhmr Discovery December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Oppenhmr 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 Oppenhmr Discovery shares will generate the highest return on investment. By undertsting and applying Oppenhmr Discovery mutual fund market strength indicators, traders can identify Oppenhmr Discovery Mid entry and exit signals to maximize returns
Oppenhmr Discovery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oppenhmr Discovery's price direction in advance. Along with the technical and fundamental analysis of Oppenhmr Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oppenhmr 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 | 0.0485 | |||
| Jensen Alpha | 0.0527 | |||
| Total Risk Alpha | 0.026 | |||
| Sortino Ratio | 0.0267 | |||
| Treynor Ratio | 0.1559 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Oppenhmr Mutual Fund
Oppenhmr Discovery financial ratios help investors to determine whether Oppenhmr 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 Oppenhmr with respect to the benefits of owning Oppenhmr Discovery security.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |