Oppenheimer Discovery Financials
ODINX Fund | USD 96.28 0.86 0.90% |
Oppenheimer |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Oppenheimer Discovery Fund Summary
Oppenheimer Discovery competes with Oppenheimer Main, Oppenheimer Intl, Oppenheimer Main, Oppenheimer Global, and Oppenheimer Strat. The fund mainly invests in common stocks of U.S. companies that the portfolio managers believe have favorable growth prospects. It emphasizes stocks of small-capitalization companies. The fund managers consider a small-capitalization company to be one that has a market capitalization, at the time of purchase, within the range of market capitalizations of the Russell 2000 Growth Index. A companys market capitalization is the value of its outstanding common stock.Specialization | Small Growth, Large |
Instrument | USA Mutual Fund View All |
Exchange | NMFQS Exchange |
Business Address | AIM Counselor Series |
Mutual Fund Family | OppenheimerFunds |
Mutual Fund Category | Small Growth |
Benchmark | Dow Jones Industrial |
Phone | 800 959 4246 |
Currency | USD - US Dollar |
Oppenheimer Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Oppenheimer Discovery's current stock value. Our valuation model uses many indicators to compare Oppenheimer Discovery value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Oppenheimer Discovery competition to find correlations between indicators driving Oppenheimer Discovery's intrinsic value. More Info.Oppenheimer Discovery Fd is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about 0.14 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Oppenheimer Discovery Fd is roughly 7.24 . 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 Oppenheimer Discovery's earnings, one of the primary drivers of an investment's value.Oppenheimer Discovery Systematic Risk
Oppenheimer Discovery's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Oppenheimer Discovery volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. 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 November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Oppenheimer Discovery help investors to analyze its daily demand and supply, volume, patterns, and price 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.
Downside Deviation | 1.34 | |||
Information Ratio | 0.0525 | |||
Maximum Drawdown | 6.88 | |||
Value At Risk | (1.75) | |||
Potential Upside | 2.14 |
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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