Oppenheimer Russell 1000 Etf Price on March 18, 2024
| OMFL Etf | USD 55.56 0.31 0.56% |
Below is the normalized historical share price chart for Oppenheimer Russell 1000 extending back to November 10, 2017. 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 Russell stands at 55.56, as last reported on the 30th of November, with the highest price reaching 55.66 and the lowest price hitting 55.33 during the day.
If you're considering investing in Oppenheimer Etf, it is important to understand the factors that can impact its price. As of now, Oppenheimer Etf is very steady. Oppenheimer Russell 1000 maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the entity had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Oppenheimer Russell 1000, which you can use to evaluate the volatility of the etf. Please check Oppenheimer Russell's Semi Deviation of 0.659, coefficient of variation of 682.93, and Risk Adjusted Performance of 0.1124 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
Oppenheimer Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 18.71 | 200 Day MA 52.5703 | 1 y Volatility 17.11 | 50 Day MA 53.717 | Inception Date 2017-11-08 |
Oppenheimer |
Sharpe Ratio = 0.1796
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Estimated Market Risk
| 0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Oppenheimer Russell is performing at about 14% 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 Russell by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 380.8 K |
Oppenheimer Russell Valuation on March 18, 2024
It is possible to determine the worth of Oppenheimer Russell on a given historical date. On March 18, 2024 Oppenheimer was worth 52.37 at the beginning of the trading date compared to the closed value of 52.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oppenheimer Russell etf. Still, in general, we apply an absolute valuation method to find Oppenheimer Russell'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 Russell where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oppenheimer Russell's related companies.
| Open | High | Low | Close | Volume | |
| 52.01 | 52.46 | 52.01 | 52.21 | 255,366 | |
03/18/2024 | 52.37 | 52.39 | 51.96 | 52.13 | 230,257 |
| 52.06 | 52.60 | 52.00 | 52.59 | 415,958 |
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Oppenheimer Russell Trading Date Momentum on March 18, 2024
| On March 19 2024 Oppenheimer Russell 1000 was traded for 52.59 at the closing time. The top price for the day was 52.60 and the lowest listed price was 52.00 . The trading volume for the day was 416 K. The trading history from March 19, 2024 was a factor to the next trading day price upswing. The trading delta at closing time against the next closing price was 0.88% . The trading delta at closing time against the current closing price is 4.85% . |
Oppenheimer Russell 1000 Fundamentals Correlations and Trends
By evaluating Oppenheimer Russell'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 Russell'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 Russell Etf history
Oppenheimer Russell 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 Russell 1000 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 Russell stock prices may prove useful in developing a viable investing in Oppenheimer Russell
Oppenheimer Russell Etf Technical Analysis
Oppenheimer Russell technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Oppenheimer Russell Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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Oppenheimer Russell November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Oppenheimer Russell etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oppenheimer Russell shares will generate the highest return on investment. By undertsting and applying Oppenheimer Russell etf market strength indicators, traders can identify Oppenheimer Russell 1000 entry and exit signals to maximize returns
Oppenheimer Russell Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oppenheimer Russell's price direction in advance. Along with the technical and fundamental analysis of Oppenheimer Etf 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 | 0.1124 | |||
| Jensen Alpha | 0.003 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1313 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oppenheimer Russell 1000. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of Oppenheimer Russell 1000 is measured differently than its book value, which is the value of Oppenheimer that is recorded on the company's balance sheet. Investors also form their own opinion of Oppenheimer Russell's value that differs from its market value or its book value, called intrinsic value, which is Oppenheimer Russell's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oppenheimer Russell's market value can be influenced by many factors that don't directly affect Oppenheimer Russell's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oppenheimer Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oppenheimer Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oppenheimer Russell's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.