Oppenheimer Corporate Bd Fund Price on December 11, 2024
| OFINX Fund | USD 9.29 0.04 0.43% |
Below is the normalized historical share price chart for Oppenheimer Corporate Bd extending back to July 29, 2010. 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 Oppenheimer Corporate stands at 9.29, as last reported on the 13th of December 2024, with the highest price reaching 9.29 and the lowest price hitting 9.29 during the day.
If you're considering investing in Oppenheimer Mutual Fund, it is important to understand the factors that can impact its price. Oppenheimer Corporate maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the entity had a -0.13% return per unit of risk over the last 3 months. Oppenheimer Corporate exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oppenheimer Corporate's Information Ratio of (0.48), risk adjusted performance of (0.1), and Standard Deviation of 0.3076 to confirm the risk estimate we provide.
Oppenheimer Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Oppenheimer |
Sharpe Ratio = -0.1327
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Estimated Market Risk
| 0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Oppenheimer Corporate is not performing at its full potential. However, 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 Oppenheimer Corporate by adding Oppenheimer Corporate to a well-diversified portfolio.
Oppenheimer Corporate Valuation on December 11, 2024
It is possible to determine the worth of Oppenheimer Corporate on a given historical date. On December 11, 2024 Oppenheimer was worth 9.33 at the beginning of the trading date compared to the closed value of 9.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oppenheimer Corporate mutual fund. Still, in general, we apply an absolute valuation method to find Oppenheimer Corporate'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 Oppenheimer Corporate where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oppenheimer Corporate's related companies.
| Open | High | Low | Close | Volume | |
| 9.35 | 9.35 | 9.35 | 9.35 | 1.00 | |
12/11/2024 | 9.33 | 9.33 | 9.33 | 9.33 | 1.00 |
| 9.29 | 9.29 | 9.29 | 9.29 | 1.00 |
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Oppenheimer Corporate Trading Date Momentum on December 11, 2024
| On December 12 2024 Oppenheimer Corporate Bd was traded for 9.29 at the closing time. The highest daily price throughout the period was 9.29 and the lowest price was 9.29 . There was no trading activity during the period 1.0. Lack of trading volume on 12/12/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.43% . The trading delta at closing time to current closing price is 0.43% . |
Oppenheimer Corporate Fundamentals Correlations and Trends
By evaluating Oppenheimer Corporate'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 Oppenheimer Corporate's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Oppenheimer financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Oppenheimer Corporate Mutual Fund history
Oppenheimer Corporate 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 Oppenheimer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oppenheimer Corporate 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 Oppenheimer Corporate stock prices may prove useful in developing a viable investing in Oppenheimer Corporate
Under normal market conditions, the fund will invest at least 80 percent of its net assets in debt securities, and in derivatives and other instruments that have economic characteristics similar to such securities. The kinds of debt securities in which it can invest include investment grade U.S. corporate and government debt obligations, as well as mortgage-backed, commercial mortgage-backed and asset-backed securities. The fund will only purchase investment grade debt securities.
Oppenheimer Corporate Mutual Fund Technical Analysis
Oppenheimer Corporate 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
Oppenheimer Corporate Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Oppenheimer Corporate Bd 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.
Oppenheimer Corporate December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Oppenheimer Corporate 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 Corporate shares will generate the highest return on investment. By undertsting and applying Oppenheimer Corporate mutual fund market strength indicators, traders can identify Oppenheimer Corporate Bd entry and exit signals to maximize returns
Oppenheimer Corporate Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oppenheimer Corporate's price direction in advance. Along with the technical and fundamental analysis of Oppenheimer Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oppenheimer 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 | (0.1) | |||
| Total Risk Alpha | (0.09) |
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Other Information on Investing in Oppenheimer Mutual Fund
Oppenheimer Corporate 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 Corporate security.
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