Oppenheimer Steelpath Competition

Mutual Funds . USA . 
Fund . Oppenheimer Steelpath Mlp
OSPMX Fund  USD 6.68  0.04  0.60%   
Oppenheimer Steelpath Mlp competes with HUMANA, Barloworld, Morningstar Unconstrained, Thrivent High, and High-yield Municipal; as well as few others. The fund is listed under Energy Limited Partnership category and is part of OppenheimerFunds family. Analyzing Oppenheimer Steelpath competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Oppenheimer Steelpath to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Oppenheimer Steelpath Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Oppenheimer Steelpath competition on your existing holdings.
  
Hype
Prediction
LowEstimatedHigh
6.046.687.32
Details
Intrinsic
Valuation
LowRealHigh
5.976.617.25
Details
Naive
Forecast
LowNextHigh
6.106.747.39
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
6.026.396.75
Details

Oppenheimer Steelpath Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Oppenheimer Steelpath and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Oppenheimer and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Oppenheimer Steelpath Mlp does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
RRTLX
+ 0.82
AAEVX
RRTLX
+ 0.81
MSTSX
AAEVX
+ 0.75
MSTSX
RRTLX
+ 0.69
LBHIX
AAEVX
+ 0.68
LBHIX
LBHIX
+ 0.67
MSTSX
  
High negative correlations   
VIASP
- 0.8
SCAXF
AAEVX
- 0.69
444859BR2
LBHIX
- 0.54
444859BR2
MSTSX
- 0.53
444859BR2
RRTLX
- 0.47
BRRAY
MSTSX
- 0.45
BRRAY

Risk-Adjusted Indicators

There is a big difference between Oppenheimer Mutual Fund performing well and Oppenheimer Steelpath Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Oppenheimer Steelpath's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
444859BR2  1.35 (0.09) 0.00 (0.14) 0.00 
 0.00 
 5.93 
(5.79)
 16.62 
AQUI  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
BRRAY  1.27 (0.13) 0.00  0.01  0.00 
 0.00 
 0.00 
(2.98)
 34.02 
MSTSX  0.49 (0.04)(0.13) 0.06  0.52 
(0.61)
 1.21 
(1.02)
 2.80 
LBHIX  0.11  0.01 (0.42) 0.38  0.00 
(0.29)
 0.24 
(0.24)
 0.96 
ABHYX  0.17  0.00 (0.24) 0.19  0.25 
(0.24)
 0.34 
(0.33)
 1.91 
SCAXF  0.70 (0.41) 0.00 (0.98) 0.00 
 0.00 
 0.00 
 0.00 
 23.47 
VIASP  0.74  0.07 (0.04)(2.04) 1.13 
(0.80)
 2.28 
(1.20)
 7.18 
AAEVX  0.48  0.05 (0.10)(2.13) 0.54 
(0.57)
 0.93 
(0.77)
 2.76 
RRTLX  0.23  0.00 (0.34) 0.13  0.26 
(0.26)
 0.48 
(0.56)
 1.36 
All Fundamental Data

Oppenheimer Steelpath Competitive Analysis

The better you understand Oppenheimer Steelpath competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Oppenheimer Steelpath's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Oppenheimer Steelpath's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
OSPMX 444859BR2 AQUI BRRAY MSTSX LBHIX ABHYX SCAXF VIASP AAEVX
 0.60 
 6.68 
Oppenheimer
 1.70 
 80.35 
HUMANA
 0.00 
 0.01 
Aquagold
 0.00 
 4.23 
Barloworld
 1.28 
 11.88 
Morningstar
 0.23 
 4.25 
Thrivent
 0.33 
 8.99 
High-yield
 0.00 
 0.01 
Sparta
 0.32 
 22.05 
Via
 0.52 
 11.61 
American
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Relatively risky
Very steady
Very steady
Very steady
Out of control
Very steady
Very steady
Market Performance
(90 Days Performance)
Good
Very Weak
Very Weak
Very Weak
Modest
Good
Modest
Very Weak
Modest
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Below Average
Average
Low
Low
Low
Low
Low
Above Average
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Over Valued
Under Valued
Fairly Valued
Over Valued
Over Valued
Fairly Valued
Over Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Buy
Strong Buy
Hold
Strong Buy
Strong Buy
Hold
Buy
Strong Hold
Strong Hold
Strong Hold
Current Ratio
N/A
N/A
N/A
1.49
N/A
N/A
N/A
0.62
3.49
N/A
Net Asset
3.47 B
N/A
3.19 K
54.41 B
116.1 M
674.44 M
672.37 M
3.06 M
355.28 M
5.82 M
Profit Margin
N/A
N/A
N/A
0.0519
N/A
N/A
N/A
-0.1
0.0094
N/A
EBITDA
N/A
N/A
(727.69 K)
2.77 B
N/A
N/A
N/A
(21.53 K)
33.09 M
N/A
Price To Book
1.09
N/A
N/A
0.99
N/A
1.58
N/A
34.42
N/A
N/A
Current Valuation
N/A
N/A
912.76 K
1.11 B
N/A
N/A
N/A
5.73 M
535.95 M
N/A
Operating Margin
N/A
N/A
N/A
0.1
N/A
N/A
N/A
-0.15
-0.14
N/A
Five Year Return
19.04
N/A
N/A
3.98
8.6
3.46
1.69
N/A
8.97
N/A
Retained Earnings
N/A
N/A
(4.18 M)
13.37 B
N/A
N/A
N/A
N/A
N/A
N/A
Current Asset
N/A
N/A
N/A
25.84 B
N/A
N/A
N/A
N/A
N/A
N/A
One Year Return
28.96
N/A
N/A
N/A
19.87
11.94
11.13
N/A
N/A
N/A
Beta
N/A
N/A
7.05
0.63
N/A
N/A
N/A
1.75
1.16
N/A
Cash Position Weight
0.12
N/A
N/A
N/A
14.28
6.56
0.1
N/A
N/A
2.21
Equity Positions Weight
99.46
N/A
N/A
N/A
61.63
0.07
N/A
N/A
N/A
87.86
Number Of Employees
1
N/A
7
36
1
1
1
8
169
1
Shares Outstanding
N/A
N/A
965.83 K
185.7 M
N/A
N/A
N/A
233.95 M
N/A
N/A
Three Year Return
24.11
N/A
N/A
N/A
7.0
3.06
-0.63
N/A
N/A
N/A
Cash Flow From Operations
N/A
N/A
(218.19 K)
1.89 B
N/A
N/A
N/A
210.37 K
12.7 M
N/A
Annual Yield
0.0667
N/A
N/A
0.0543
0.021
0.0617
0.0041
N/A
0.0972
0.0176
Total Debt
N/A
N/A
N/A
8.64 B
N/A
N/A
N/A
125 K
135 M
N/A
Return On Equity
N/A
N/A
N/A
0.0588
N/A
N/A
N/A
N/A
0.017
N/A
Bond Positions Weight
N/A
N/A
N/A
N/A
22.72
92.23
2.0
N/A
N/A
2.26
Z Score
N/A
N/A
N/A
N/A
N/A
N/A
N/A
37.6
1.0
N/A
Holdings Turnover
N/A
N/A
N/A
N/A
269.0
N/A
N/A
N/A
N/A
N/A
Return On Asset
N/A
N/A
-5.5
0.047
N/A
N/A
N/A
-0.21
-0.11
N/A
Book Value Per Share
N/A
N/A
-1.18
99.76
N/A
N/A
N/A
-0.002
3.66
N/A
Number Of Shares Shorted
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
4.29 K
N/A
Minimum Initial Investment
N/A
N/A
N/A
N/A
N/A
2 K
N/A
N/A
N/A
N/A
Current Liabilities
N/A
N/A
794 K
13.9 B
N/A
N/A
N/A
N/A
N/A
N/A
Total Asset
2.68 B
N/A
3.19 K
54.41 B
215.11 M
347.66 M
243.16 M
3.06 M
355.28 M
2.16 M
Last Dividend Paid
0.03
N/A
N/A
4.6
N/A
0.02
0.03
N/A
0.73
N/A
Debt To Equity
N/A
N/A
N/A
0.68
N/A
N/A
N/A
101.0
0.69
N/A
Target Price
N/A
N/A
N/A
7.68
N/A
N/A
N/A
N/A
N/A
N/A
Short Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.7
N/A
Market Capitalization
N/A
N/A
96.58 K
955.54 M
50.36 M
N/A
N/A
7.72 M
N/A
N/A
Price To Earning
18.64
N/A
-0.22
9.18
N/A
35.48
N/A
19.55
26.83
N/A
Price To Sales
0.57
N/A
N/A
0.0285
N/A
1.23
N/A
0.63
N/A
N/A
Net Income
N/A
N/A
(627.79 K)
2.04 B
N/A
N/A
N/A
(609.44 K)
5.2 M
N/A
Earnings Per Share
N/A
N/A
-0.63
0.35
N/A
N/A
N/A
-0.003
1.17
N/A
Shares Owned By Insiders
N/A
N/A
N/A
N/A
N/A
N/A
N/A
9.51
N/A
N/A
Year To Date Return
28.19
N/A
N/A
N/A
13.69
7.32
6.09
N/A
N/A
N/A
Revenue
N/A
N/A
N/A
39.38 B
N/A
N/A
N/A
5.19 M
393.49 M
N/A
Ten Year Return
-1.84
N/A
N/A
N/A
N/A
6.0
4.84
N/A
N/A
N/A
Working Capital
N/A
N/A
(794 K)
11.95 B
N/A
N/A
N/A
N/A
N/A
N/A
Cash And Equivalents
N/A
N/A
1.15 K
5.11 B
N/A
N/A
N/A
909.32 K
51.31 M
N/A
Cash Per Share
N/A
N/A
N/A
25.52
N/A
N/A
N/A
N/A
3.23
N/A
Gross Profit
N/A
N/A
(143.88 K)
5.12 B
N/A
N/A
N/A
3.68 M
74.67 M
N/A
Day Typical Price
6.68
80.35
0.006
4.23
11.88
4.25
8.99
0.015
22.1
11.61
Accumulation Distribution
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.0108
N/A
Market Facilitation Index
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.24
N/A
Daily Balance Of Power
(9,223,372,036,855)
(9,223,372,036,855)
0.0
0.0
9.2 T
(9,223,372,036,855)
9.2 T
0.0
(0.29)
9.2 T
Period Momentum Indicator
(0.04)
(1.39)
N/A
N/A
0.15
(0.01)
0.03
N/A
(0.07)
0.06
Rate Of Daily Change
0.99
0.98
1.0
1.0
1.01
1.0
1.0
1.0
1.0
1.01
Day Median Price
6.68
80.35
0.006
4.23
11.88
4.25
8.99
0.015
22.12
11.61
Price Action Indicator
(0.02)
(0.70)
N/A
N/A
0.075
(0.01)
0.015
N/A
(0.10)
0.03
Relative Strength Index
27.38
42.53
N/A
23.95
31.81
17.83
31.8
N/A
68.28
50.29
Coefficient Of Variation
544.94
(6,785)
N/A
25169.77
1342.2
679.17
1516.45
(812.40)
1440.84
1044.15
Mean Deviation
0.5048
1.35
N/A
1.27
0.4908
0.1113
0.1719
0.7004
0.7442
0.482
Jensen Alpha
0.0983
(0.09)
N/A
(0.13)
(0.04)
0.0105
0.0032
(0.41)
0.0748
0.0534
Total Risk Alpha
0.0074
(0.46)
N/A
(0.65)
(0.06)
(0.01)
(0.04)
(0.82)
(0.11)
(0.05)
Sortino Ratio
(0.01)
N/A
N/A
N/A
(0.13)
(0.42)
(0.24)
N/A
(0.04)
(0.10)
Downside Variance
0.3602
N/A
N/A
N/A
0.4354
0.0617
0.2181
N/A
1.66
0.4481
Standard Deviation
0.6681
2.61
N/A
4.2
0.6349
0.1719
0.2892
2.89
1.16
0.632
Kurtosis
0.8337
5.52
N/A
11.15
(0.03)
3.42
8.37
66.0
5.33
0.9771
Potential Upside
1.48
5.93
N/A
N/A
1.21
0.2375
0.3382
N/A
2.28
0.9276
Treynor Ratio
0.9502
(0.14)
N/A
0.0057
0.06
0.3847
0.1851
(0.98)
(2.04)
(2.13)
Maximum Drawdown
2.76
16.62
N/A
34.02
2.8
0.9552
1.91
23.47
7.18
2.76
Variance
0.4463
6.84
N/A
17.65
0.4031
0.0296
0.0836
8.35
1.35
0.3994
Market Risk Adjusted Performance
0.9602
(0.13)
N/A
0.0157
0.07
0.3947
0.1951
(0.97)
(2.03)
(2.12)
Risk Adjusted Performance
0.1388
(0)
N/A
0.0112
0.0549
0.0781
0.034
(0.09)
0.0565
0.0711
Skewness
0.6229
0.909
N/A
0.4951
0.0725
1.11
(1.70)
(8.12)
(0.87)
(0.30)
Semi Deviation
0.3791
N/A
N/A
N/A
0.5156
0.0
0.2536
N/A
1.13
0.5418
Information Ratio
(0.01)
(0.06)
N/A
(0.03)
(0.13)
(0.61)
(0.39)
(0.17)
(0.04)
(0.11)
Value At Risk
(0.95)
(5.79)
N/A
(2.98)
(1.02)
(0.24)
(0.33)
N/A
(1.20)
(0.77)
Expected Short fall
(0.63)
N/A
N/A
N/A
(0.61)
(0.29)
(0.24)
N/A
(0.80)
(0.57)
Downside Deviation
0.6001
N/A
N/A
N/A
0.6599
0.2483
0.467
N/A
1.29
0.6694
Semi Variance
0.1437
N/A
N/A
N/A
0.2658
(0.01)
0.0643
N/A
1.27
0.2936

Oppenheimer Steelpath Competition Performance Charts

Five steps to successful analysis of Oppenheimer Steelpath Competition

Oppenheimer Steelpath's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Oppenheimer Steelpath Mlp in relation to its competition. Oppenheimer Steelpath's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Oppenheimer Steelpath in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Oppenheimer Steelpath's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Oppenheimer Steelpath Mlp, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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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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