Oppenheimer Steelpath Mlp Fund Manager Performance Evaluation

MLPTX Fund  USD 9.81  0.09  0.91%   
The fund holds a Beta of 0.46, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Oppenheimer Steelpath's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oppenheimer Steelpath is expected to be smaller as well.

Risk-Adjusted Performance

20 of 100

 
Weak
 
Strong
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Oppenheimer Steelpath Mlp are ranked lower than 20 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Oppenheimer Steelpath showed solid returns over the last few months and may actually be approaching a breakup point.
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Invesco SteelPath MLP Select 40 Fund Q3 2024 Commentary - Seeking Alpha
11/26/2024
Expense Ratio6.3400
  

Oppenheimer Steelpath Relative Risk vs. Return Landscape

If you would invest  862.00  in Oppenheimer Steelpath Mlp on September 10, 2024 and sell it today you would earn a total of  119.00  from holding Oppenheimer Steelpath Mlp or generate 13.81% return on investment over 90 days. Oppenheimer Steelpath Mlp is currently producing 0.2054% returns and takes up 0.7987% volatility of returns over 90 trading days. Put another way, 7% of traded mutual funds are less volatile than Oppenheimer, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Oppenheimer Steelpath is expected to generate 1.1 times more return on investment than the market. However, the company is 1.1 times more volatile than its market benchmark. It trades about 0.26 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.2 per unit of risk.

Oppenheimer Steelpath Current Valuation

Undervalued
Today
9.81
Please note that Oppenheimer Steelpath's price fluctuation is very steady at this time. At this time, the fund appears to be undervalued. Oppenheimer Steelpath Mlp holds a recent Real Value of $10.48 per share. The prevailing price of the fund is $9.81. We determine the value of Oppenheimer Steelpath Mlp from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Oppenheimer Steelpath is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Oppenheimer Mutual Fund. However, Oppenheimer Steelpath's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  9.81 Real  10.48 Hype  9.82 Naive  9.57
The intrinsic value of Oppenheimer Steelpath's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Oppenheimer Steelpath's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
10.48
Real Value
11.28
Upside
Estimating the potential upside or downside of Oppenheimer Steelpath Mlp helps investors to forecast how Oppenheimer mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Oppenheimer Steelpath more accurately as focusing exclusively on Oppenheimer Steelpath's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.759.8910.02
Details
Hype
Prediction
LowEstimatedHigh
9.029.8210.62
Details
Naive
Forecast
LowNext ValueHigh
8.779.5710.37
Details

Oppenheimer Steelpath Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Oppenheimer Steelpath's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Oppenheimer Steelpath Mlp, and traders can use it to determine the average amount a Oppenheimer Steelpath's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.2572

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Estimated Market Risk

 0.8
  actual daily
7
93% of assets are more volatile

Expected Return

 0.21
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.26
  actual daily
20
80% of assets perform better
Based on monthly moving average Oppenheimer Steelpath is performing at about 20% 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 Oppenheimer Steelpath by adding it to a well-diversified portfolio.

Oppenheimer Steelpath Fundamentals Growth

Oppenheimer Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Oppenheimer Steelpath, and Oppenheimer Steelpath fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Oppenheimer Mutual Fund performance.

About Oppenheimer Steelpath Performance

Evaluating Oppenheimer Steelpath's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Oppenheimer Steelpath has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Oppenheimer Steelpath has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund invests at least 80 percent of its net assets in master limited partnership investments of issuers that are engaged in the transportation, storage, processing, refining, marketing, exploration, production, and mining of minerals and natural resources, and in derivatives and other instruments that have economic characteristics similar to such securities.

Things to note about Oppenheimer Steelpath Mlp performance evaluation

Checking the ongoing alerts about Oppenheimer Steelpath for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Oppenheimer Steelpath Mlp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Latest headline from news.google.com: Invesco SteelPath MLP Select 40 Fund Q3 2024 Commentary - Seeking Alpha
The fund generated-1.0 ten year return of -1.0%
Oppenheimer Steelpath Mlp maintains 98.67% of its assets in stocks
Evaluating Oppenheimer Steelpath's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Oppenheimer Steelpath's mutual fund performance include:
  • Analyzing Oppenheimer Steelpath's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Oppenheimer Steelpath's stock is overvalued or undervalued compared to its peers.
  • Examining Oppenheimer Steelpath's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Oppenheimer Steelpath's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Oppenheimer Steelpath's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Oppenheimer Steelpath's mutual fund. These opinions can provide insight into Oppenheimer Steelpath's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Oppenheimer Steelpath's mutual fund performance is not an exact science, and many factors can impact Oppenheimer Steelpath's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Oppenheimer Mutual Fund

Oppenheimer Steelpath 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 Steelpath security.
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