Oppenheimer Gr Incm Fund Price on December 7, 2023

OGINX Fund  USD 46.96  0.19  0.41%   
Below is the normalized historical share price chart for Oppenheimer Gr Incm 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 Oppenheimer stands at 46.96, as last reported on the 30th of November, with the highest price reaching 46.96 and the lowest price hitting 46.96 during the day.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Oppenheimer Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Oppenheimer Mutual Fund to be very steady. Oppenheimer Gr Incm maintains Sharpe Ratio (i.e., Efficiency) of 0.0587, which implies the entity had a 0.0587% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Oppenheimer Gr Incm, which you can use to evaluate the volatility of the fund. Please check Oppenheimer's Semi Deviation of 0.9281, coefficient of variation of 3602.1, and Risk Adjusted Performance of 0.0225 to confirm if the risk estimate we provide is consistent with the expected return of 0.0482%.
  
Oppenheimer Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0587

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Estimated Market Risk

 0.82
  actual daily
7
93% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Oppenheimer is performing at about 4% 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 Oppenheimer by adding it to a well-diversified portfolio.

Oppenheimer Valuation on December 7, 2023

It is possible to determine the worth of Oppenheimer on a given historical date. On December 7, 2023 Oppenheimer was worth 43.24 at the beginning of the trading date compared to the closed value of 43.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oppenheimer mutual fund. Still, in general, we apply an absolute valuation method to find Oppenheimer'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oppenheimer's related companies.
 Open High Low Close Volume
  42.62    42.62    42.62    42.62    1.00  
12/07/2023
  43.24    43.24    43.24    43.24    1.00  
  43.52    43.52    43.52    43.52    1.00  
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Open Value
43.24
43.24
Closing Value
45.71
Upside

Oppenheimer Trading Date Momentum on December 7, 2023

On December 08 2023 Oppenheimer Gr Incm was traded for  43.52  at the closing time. The highest daily price throughout the period was 43.52  and the lowest price was  43.52 . There was no trading activity during the period 1.0. Lack of trading volume on 12/08/2023 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.65% . The trading delta at closing time to current closing price is 5.76% .

Oppenheimer Gr Incm Fundamentals Correlations and Trends

By evaluating Oppenheimer'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'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 Mutual Fund history

Oppenheimer 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 Gr Incm 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 stock prices may prove useful in developing a viable investing in Oppenheimer
The fund invests mainly in equity securities of issuers in the U.S. and foreign countries. In addition to common stocks, the fund can invest in other equity or equity equivalents securities such as preferred stocks, convertible securities, rights or warrants. The fund typically invests in a number of different countries and can invest in any country, including countries with developing or emerging markets. The fund normally will invest in at least four countries, including the United States.

Oppenheimer Mutual Fund Technical Analysis

Oppenheimer 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.
A focus of Oppenheimer technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Oppenheimer trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Oppenheimer Period Price Range

Low
November 30, 2024
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High

 0.00 

     

 0.00 

Oppenheimer Gr Incm 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 November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Oppenheimer 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 shares will generate the highest return on investment. By undertsting and applying Oppenheimer mutual fund market strength indicators, traders can identify Oppenheimer Gr Incm entry and exit signals to maximize returns

Oppenheimer Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Oppenheimer'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.

Other Information on Investing in Oppenheimer Mutual Fund

Oppenheimer 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 security.
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