Oppenheimer International Bond Fund Probability of Future Mutual Fund Price Finishing Over 4.4
OIBAX Fund | USD 4.33 0.01 0.23% |
Oppenheimer |
Oppenheimer International Target Price Odds to finish over 4.4
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 move over $ 4.40 or more in 90 days |
4.33 | 90 days | 4.40 | about 30.82 |
Based on a normal probability distribution, the odds of Oppenheimer International to move over $ 4.40 or more in 90 days from now is about 30.82 (This Oppenheimer International Bond probability density function shows the probability of Oppenheimer Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Oppenheimer International price to stay between its current price of $ 4.33 and $ 4.40 at the end of the 90-day period is about 43.96 .
Assuming the 90 days horizon Oppenheimer International has a beta of 0.0754. This indicates as returns on the market go up, Oppenheimer International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Oppenheimer International Bond will be expected to be much smaller as well. Additionally Oppenheimer International Bond 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 International Price Density |
Price |
Predictive Modules for Oppenheimer International
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 International. 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.Oppenheimer International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Oppenheimer International is not an exception. The market had few large corrections towards the Oppenheimer International'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 International Bond, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Oppenheimer International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.33 |
Oppenheimer International Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Oppenheimer International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Oppenheimer International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Oppenheimer International generated a negative expected return over the last 90 days | |
Oppenheimer International generated five year return of -1.0% | |
This fund maintains about 68.61% of its assets in cash |
Oppenheimer International Technical Analysis
Oppenheimer International'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 International Bond. In general, you should focus on analyzing Oppenheimer Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Oppenheimer International Predictive Forecast Models
Oppenheimer International's time-series forecasting models is one of many Oppenheimer International'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 International'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.
Things to note about Oppenheimer International
Checking the ongoing alerts about Oppenheimer International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Oppenheimer International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Oppenheimer International generated a negative expected return over the last 90 days | |
Oppenheimer International generated five year return of -1.0% | |
This fund maintains about 68.61% of its assets in cash |
Other Information on Investing in Oppenheimer Mutual Fund
Oppenheimer International 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 International security.
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