Oppenheimer Active Allctn Fund Probability of Future Mutual Fund Price Finishing Over 14.97
| OAAYX Fund | USD 15.13 0.09 0.60% |
Oppenheimer |
Oppenheimer Active Target Price Odds to finish over 14.97
The tendency of Oppenheimer Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 14.97 in 90 days |
| 15.13 | 90 days | 14.97 | about 10.37 |
Based on a normal probability distribution, the odds of Oppenheimer Active to stay above $ 14.97 in 90 days from now is about 10.37 (This Oppenheimer Active Allctn probability density function shows the probability of Oppenheimer Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Oppenheimer Active Allctn price to stay between $ 14.97 and its current price of $15.13 at the end of the 90-day period is about 7.85 .
Assuming the 90 days horizon Oppenheimer Active has a beta of 0.65. This indicates as returns on the market go up, Oppenheimer Active average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Oppenheimer Active Allctn will be expected to be much smaller as well. Additionally Oppenheimer Active Allctn has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Oppenheimer Active Price Density |
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Predictive Modules for Oppenheimer Active
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 Active Allctn. 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 Active'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.
Oppenheimer Active Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Oppenheimer Active is not an exception. The market had few large corrections towards the Oppenheimer Active's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Oppenheimer Active Allctn, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Oppenheimer Active within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.65 | |
σ | Overall volatility | 0.23 | |
Ir | Information ratio | -0.11 |
Oppenheimer Active Technical Analysis
Oppenheimer Active's future price can be derived by breaking down and analyzing its technical indicators over time. Oppenheimer Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Oppenheimer Active Allctn. In general, you should focus on analyzing Oppenheimer Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Oppenheimer Active Predictive Forecast Models
Oppenheimer Active's time-series forecasting models is one of many Oppenheimer Active's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Oppenheimer Active's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
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 Active 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 Active's short interest history, or implied volatility extrapolated from Oppenheimer Active options trading.
Other Information on Investing in Oppenheimer Mutual Fund
Oppenheimer Active 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 Active security.
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