Oppenhmr Discovery Three Year Return vs. Ten Year Return
| OEGIX Fund | USD 35.16 0.57 1.65% |
For Oppenhmr Discovery profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Oppenhmr Discovery to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Oppenhmr Discovery Mid utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Oppenhmr Discovery's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Oppenhmr Discovery Mid over time as well as its relative position and ranking within its peers.
Oppenhmr |
Oppenhmr Discovery Mid Ten Year Return vs. Three Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Oppenhmr Discovery's current stock value. Our valuation model uses many indicators to compare Oppenhmr Discovery value to that of its competitors to determine the firm's financial worth. Oppenhmr Discovery Mid is number one fund in three year return among similar funds. It also is number one fund in ten year return among similar funds reporting about 8.18 of Ten Year Return per Three Year Return. 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 Oppenhmr Discovery's earnings, one of the primary drivers of an investment's value.Oppenhmr Ten Year Return vs. Three Year Return
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Oppenhmr Discovery |
| = | 1.85 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
Oppenhmr Discovery |
| = | 15.14 % |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
Oppenhmr Ten Year Return Comparison
Oppenhmr Discovery is currently under evaluation in ten year return among similar funds.
Oppenhmr Discovery Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Oppenhmr Discovery, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Oppenhmr Discovery will eventually generate negative long term returns. The profitability progress is the general direction of Oppenhmr Discovery's change in net profit over the period of time. It can combine multiple indicators of Oppenhmr Discovery, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Oppenhmr Discovery. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Oppenhmr Discovery position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Oppenhmr Discovery's important profitability drivers and their relationship over time.
Use Oppenhmr Discovery in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Oppenhmr Discovery position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Oppenhmr Discovery will appreciate offsetting losses from the drop in the long position's value.Oppenhmr Discovery Pair Trading
Oppenhmr Discovery Mid Pair Trading Analysis
The ability to find closely correlated positions to Oppenhmr Discovery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oppenhmr Discovery when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Oppenhmr Discovery - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Oppenhmr Discovery Mid to buy it.
The correlation of Oppenhmr Discovery is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Oppenhmr Discovery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oppenhmr Discovery Mid moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Oppenhmr Discovery can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Oppenhmr Discovery position
In addition to having Oppenhmr Discovery 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.Did You Try This Idea?
Run Single Stock ETFs Thematic Idea Now
Single Stock ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Single Stock ETFs theme has 100 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Single Stock ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Oppenhmr Mutual Fund
To fully project Oppenhmr Discovery's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Oppenhmr Discovery Mid at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Oppenhmr Discovery's income statement, its balance sheet, and the statement of cash flows.
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