Oppenheimer Discovery Fd Fund Statistic Functions Beta

ODIIX Fund  USD 140.99  1.79  1.29%   
Oppenheimer Discovery statistic functions tool provides the execution environment for running the Beta function and other technical functions against Oppenheimer Discovery. Oppenheimer Discovery value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Oppenheimer Discovery statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Oppenheimer Discovery correlated with the market. If Beta is less than 0 Oppenheimer Discovery generally moves in the opposite direction as compared to the market. If Oppenheimer Discovery Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Oppenheimer Discovery is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Oppenheimer Discovery is generally in the same direction as the market. If Beta > 1 Oppenheimer Discovery moves generally in the same direction as, but more than the movement of the benchmark.

Oppenheimer Discovery Technical Analysis Modules

Most technical analysis of Oppenheimer Discovery help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Oppenheimer from various momentum indicators to cycle indicators. When you analyze Oppenheimer charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Oppenheimer Discovery Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Oppenheimer Discovery Fd. We use our internally-developed statistical techniques to arrive at the intrinsic value of Oppenheimer Discovery Fd based on widely used predictive technical indicators. In general, we focus on analyzing Oppenheimer Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Oppenheimer Discovery's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Oppenheimer Discovery's intrinsic value. In addition to deriving basic predictive indicators for Oppenheimer Discovery, we also check how macroeconomic factors affect Oppenheimer Discovery price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
137.96139.20140.44
Details
Intrinsic
Valuation
LowRealHigh
125.28145.73146.97
Details
Naive
Forecast
LowNextHigh
135.64136.88138.12
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
138.99142.49145.99
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Oppenheimer Discovery in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Oppenheimer Discovery's short interest history, or implied volatility extrapolated from Oppenheimer Discovery options trading.

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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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