Oppenheimer Intl Mutual Fund Forecast - Simple Moving Average

OSMYX Fund  USD 36.08  0.28  0.78%   
The Simple Moving Average forecasted value of Oppenheimer Intl Small on the next trading day is expected to be 36.08 with a mean absolute deviation of 0.35 and the sum of the absolute errors of 21.29. Oppenheimer Mutual Fund Forecast is based on your current time horizon.
The relative strength index (RSI) of Oppenheimer Intl's share price is above 70 at this time. This indicates that the mutual fund is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Oppenheimer, making its price go up or down.

Momentum 71

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of Oppenheimer Intl's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Oppenheimer Intl Small, which may create opportunities for some arbitrage if properly timed.
Using Oppenheimer Intl hype-based prediction, you can estimate the value of Oppenheimer Intl Small from the perspective of Oppenheimer Intl response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Oppenheimer Intl Small on the next trading day is expected to be 36.08 with a mean absolute deviation of 0.35 and the sum of the absolute errors of 21.29.

Oppenheimer Intl after-hype prediction price

    
  USD 36.08  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Oppenheimer Intl to cross-verify your projections.

Oppenheimer Intl Additional Predictive Modules

Most predictive techniques to examine Oppenheimer price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Oppenheimer using various technical 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.
A two period moving average forecast for Oppenheimer Intl is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Oppenheimer Intl Simple Moving Average Price Forecast For the 24th of January

Given 90 days horizon, the Simple Moving Average forecasted value of Oppenheimer Intl Small on the next trading day is expected to be 36.08 with a mean absolute deviation of 0.35, mean absolute percentage error of 0.99, and the sum of the absolute errors of 21.29.
Please note that although there have been many attempts to predict Oppenheimer Mutual Fund prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Oppenheimer Intl's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Oppenheimer Intl Mutual Fund Forecast Pattern

Backtest Oppenheimer IntlOppenheimer Intl Price PredictionBuy or Sell Advice 

Oppenheimer Intl Forecasted Value

In the context of forecasting Oppenheimer Intl's Mutual Fund value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Oppenheimer Intl's downside and upside margins for the forecasting period are 32.98 and 39.18, respectively. We have considered Oppenheimer Intl's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
36.08
36.08
Expected Value
39.18
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Oppenheimer Intl mutual fund data series using in forecasting. Note that when a statistical model is used to represent Oppenheimer Intl mutual fund, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria116.2609
BiasArithmetic mean of the errors -0.1848
MADMean absolute deviation0.3548
MAPEMean absolute percentage error0.0109
SAESum of the absolute errors21.285
The simple moving average model is conceptually a linear regression of the current value of Oppenheimer Intl Small price series against current and previous (unobserved) value of Oppenheimer Intl. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Oppenheimer Intl

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oppenheimer Intl Small. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Oppenheimer Intl's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
33.0136.0839.15
Details
Intrinsic
Valuation
LowRealHigh
35.9038.9742.04
Details
Bollinger
Band Projection (param)
LowMiddleHigh
34.6735.4536.24
Details

Oppenheimer Intl After-Hype Price Prediction Density Analysis

As far as predicting the price of Oppenheimer Intl at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Oppenheimer Intl or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Mutual Fund prices, such as prices of Oppenheimer Intl, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Oppenheimer Intl Estimiated After-Hype Price Volatility

In the context of predicting Oppenheimer Intl's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Oppenheimer Intl's historical news coverage. Oppenheimer Intl's after-hype downside and upside margins for the prediction period are 33.01 and 39.15, respectively. We have considered Oppenheimer Intl's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
36.08
36.08
After-hype Price
39.15
Upside
Oppenheimer Intl is very steady at this time. Analysis and calculation of next after-hype price of Oppenheimer Intl Small is based on 3 months time horizon.

Oppenheimer Intl Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Oppenheimer Intl is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Oppenheimer Intl backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Fund price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Oppenheimer Intl, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.42 
3.10
  8.07 
  0.56 
5 Events / Month
1 Events / Month
In about 5 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
36.08
36.08
0.00 
16.14  
Notes

Oppenheimer Intl Hype Timeline

Oppenheimer Intl Small is now traded for 36.08. The entity has historical hype elasticity of -8.07, and average elasticity to hype of competition of -0.56. Oppenheimer is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 16.14%. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is now at 0.42%. %. The volatility of related hype on Oppenheimer Intl is about 233.38%, with the expected price after the next announcement by competition of 35.52. The company last dividend was issued on the 13th of December 1970. Assuming the 90 days horizon the next anticipated press release will be in about 5 days.
Check out Historical Fundamental Analysis of Oppenheimer Intl to cross-verify your projections.

Oppenheimer Intl Related Hype Analysis

Having access to credible news sources related to Oppenheimer Intl's direct competition is more important than ever and may enhance your ability to predict Oppenheimer Intl's future price movements. Getting to know how Oppenheimer Intl's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Oppenheimer Intl may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Oppenheimer Intl

For every potential investor in Oppenheimer, whether a beginner or expert, Oppenheimer Intl's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Oppenheimer Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Oppenheimer. Basic forecasting techniques help filter out the noise by identifying Oppenheimer Intl's price trends.

Oppenheimer Intl Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Oppenheimer Intl mutual fund to make a market-neutral strategy. Peer analysis of Oppenheimer Intl could also be used in its relative valuation, which is a method of valuing Oppenheimer Intl by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Oppenheimer Intl Market Strength Events

Market strength indicators help investors to evaluate how Oppenheimer Intl mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oppenheimer Intl shares will generate the highest return on investment. By undertsting and applying Oppenheimer Intl mutual fund market strength indicators, traders can identify Oppenheimer Intl Small entry and exit signals to maximize returns.

Oppenheimer Intl Risk Indicators

The analysis of Oppenheimer Intl's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Oppenheimer Intl's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting oppenheimer mutual fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Story Coverage note for Oppenheimer Intl

The number of cover stories for Oppenheimer Intl depends on current market conditions and Oppenheimer Intl's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Oppenheimer Intl is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Oppenheimer Intl's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Other Information on Investing in Oppenheimer Mutual Fund

Oppenheimer Intl 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 Intl security.
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance