Oppenhmr Discovery Mid Fund Technical Analysis

OEGYX Fund  USD 33.97  0.46  1.34%   
As of the 30th of December, Oppenhmr Discovery holds the Semi Deviation of 1.42, risk adjusted performance of 0.0251, and Coefficient Of Variation of 3729.89. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oppenhmr Discovery, as well as the relationship between them.

Oppenhmr Discovery Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Oppenhmr, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Oppenhmr
  
Oppenhmr Discovery's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
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.
A focus of Oppenhmr Discovery technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Oppenhmr Discovery trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Oppenhmr Discovery Mid Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Oppenhmr Discovery Mid volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Oppenhmr Discovery Mid Trend Analysis

Use this graph to draw trend lines for Oppenhmr Discovery Mid. You can use it to identify possible trend reversals for Oppenhmr Discovery as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Oppenhmr Discovery price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Oppenhmr Discovery Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Oppenhmr Discovery Mid applied against its price change over selected period. The best fit line has a slop of   0.03  , which means Oppenhmr Discovery Mid will continue generating value for investors. It has 122 observation points and a regression sum of squares at 38.85, which is the sum of squared deviations for the predicted Oppenhmr Discovery price change compared to its average price change.

About Oppenhmr Discovery Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Oppenhmr Discovery Mid on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Oppenhmr Discovery Mid based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Oppenhmr Discovery Mid price pattern first instead of the macroeconomic environment surrounding Oppenhmr Discovery Mid. By analyzing Oppenhmr Discovery's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Oppenhmr Discovery's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Oppenhmr Discovery specific price patterns or momentum indicators. Please read more on our technical analysis page.

Oppenhmr Discovery December 30, 2024 Technical Indicators

Most technical analysis of Oppenhmr 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 Oppenhmr from various momentum indicators to cycle indicators. When you analyze Oppenhmr charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Oppenhmr Discovery Mid One Year Return

Based on the recorded statements, Oppenhmr Discovery Mid has an One Year Return of 26.7332%. This is much higher than that of the OppenheimerFunds family and significantly higher than that of the Mid-Cap Growth category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

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.
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