Oppenhmr Discovery Mid Fund Price on March 22, 2024
| OEGNX Fund | USD 28.25 0.07 0.25% |
Below is the normalized historical share price chart for Oppenhmr Discovery Mid extending back to April 20, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Oppenhmr Discovery stands at 28.25, as last reported on the 26th of November, with the highest price reaching 28.25 and the lowest price hitting 28.25 during the day.
If you're considering investing in Oppenhmr Mutual Fund, it is important to understand the factors that can impact its price. Oppenhmr Discovery appears to be very steady, given 3 months investment horizon. Oppenhmr Discovery Mid maintains Sharpe Ratio (i.e., Efficiency) of 0.25, which implies the entity had a 0.25% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Oppenhmr Discovery Mid, which you can use to evaluate the volatility of the fund. Please evaluate Oppenhmr Discovery's Semi Deviation of 0.7724, coefficient of variation of 445.77, and Risk Adjusted Performance of 0.1743 to confirm if our risk estimates are consistent with your expectations.
Oppenhmr Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Oppenhmr |
Sharpe Ratio = 0.2488
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Estimated Market Risk
| 1.08 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Oppenhmr Discovery is performing at about 19% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Oppenhmr Discovery by adding it to a well-diversified portfolio.
Oppenhmr Discovery Valuation on March 22, 2024
It is possible to determine the worth of Oppenhmr Discovery on a given historical date. On March 22, 2024 Oppenhmr was worth 24.27 at the beginning of the trading date compared to the closed value of 24.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oppenhmr Discovery mutual fund. Still, in general, we apply an absolute valuation method to find Oppenhmr Discovery's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Oppenhmr Discovery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oppenhmr Discovery's related companies.
| Open | High | Low | Close | Volume | |
| 24.38 | 24.38 | 24.38 | 24.38 | 1.00 | |
03/22/2024 | 24.27 | 24.27 | 24.27 | 24.27 | 1.00 |
| 24.25 | 24.25 | 24.25 | 24.25 | 1.00 |
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Oppenhmr Discovery Trading Date Momentum on March 22, 2024
| On March 25 2024 Oppenhmr Discovery Mid was traded for 24.25 at the closing time. The highest daily price throughout the period was 24.25 and the lowest price was 24.25 . There was no trading activity during the period 1.0. Lack of trading volume on 03/25/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.08% . The trading delta at closing time to current closing price is 0.21% . |
Oppenhmr Discovery Mid Fundamentals Correlations and Trends
By evaluating Oppenhmr Discovery's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Oppenhmr Discovery's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Oppenhmr financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Oppenhmr Discovery Mutual Fund history
Oppenhmr Discovery investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Oppenhmr is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oppenhmr Discovery Mid will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Oppenhmr Discovery stock prices may prove useful in developing a viable investing in Oppenhmr Discovery
The fund mainly invests in common stocks of U.S. companies that the portfolio managers expect to have above-average growth rates. It seeks to invest in newer companies or in more established companies that are in the early growth phase of their business cycle, which is typically marked by above average growth rates. The fund will normally invest at least 80 percent of its net assets in equity securities of mid-cap issuers.
Oppenhmr Discovery Mutual Fund Technical Analysis
Oppenhmr Discovery technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Oppenhmr Discovery Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Oppenhmr Discovery Mid cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Oppenhmr Discovery November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Oppenhmr Discovery 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 Oppenhmr Discovery shares will generate the highest return on investment. By undertsting and applying Oppenhmr Discovery mutual fund market strength indicators, traders can identify Oppenhmr Discovery Mid entry and exit signals to maximize returns
Oppenhmr Discovery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oppenhmr Discovery's price direction in advance. Along with the technical and fundamental analysis of Oppenhmr Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oppenhmr to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1743 | |||
| Jensen Alpha | 0.0964 | |||
| Total Risk Alpha | 0.0634 | |||
| Sortino Ratio | 0.0971 | |||
| Treynor Ratio | 0.2053 |
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Other Information on Investing in Oppenhmr Mutual Fund
Oppenhmr Discovery financial ratios help investors to determine whether Oppenhmr 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 Oppenhmr with respect to the benefits of owning Oppenhmr Discovery security.
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