Oppenheimer Strategic Income Fund Price on November 19, 2024
| OSIYX Fund | USD 3.09 0.01 0.32% |
Below is the normalized historical share price chart for Oppenheimer Strategic Income extending back to June 03, 1999. 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 Strategic stands at 3.09, as last reported on the 27th of November, with the highest price reaching 3.09 and the lowest price hitting 3.09 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 Strategic maintains Sharpe Ratio (i.e., Efficiency) of -0.0303, which implies the entity had a -0.0303% return per unit of risk over the last 3 months. Oppenheimer Strategic exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oppenheimer Strategic's Variance of 0.0996, coefficient of variation of (2,231), and Risk Adjusted Performance of (0.05) 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 = -0.0303
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Estimated Market Risk
| 0.32 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Oppenheimer Strategic 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 Strategic by adding Oppenheimer Strategic to a well-diversified portfolio.
Oppenheimer Strategic Valuation on November 19, 2024
It is possible to determine the worth of Oppenheimer Strategic on a given historical date. On November 19, 2024 Oppenheimer was worth 3.08 at the beginning of the trading date compared to the closed value of 3.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oppenheimer Strategic mutual fund. Still, in general, we apply an absolute valuation method to find Oppenheimer Strategic'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 Strategic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oppenheimer Strategic's related companies.
| Open | High | Low | Close | Volume | |
| 3.08 | 3.08 | 3.08 | 3.08 | 1.00 | |
11/19/2024 | 3.08 | 3.08 | 3.08 | 3.08 | 1.00 |
| 3.08 | 3.08 | 3.08 | 3.08 | 1.00 |
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Oppenheimer Strategic Trading Date Momentum on November 19, 2024
| On November 20 2024 Oppenheimer Strategic Income was traded for 3.08 at the closing time. The highest daily price throughout the period was 3.08 and the lowest price was 3.08 . There was no trading activity during the period 1.0. Lack of trading volume on 11/20/2024 did not cause price change. The trading delta at closing time to current closing price is 0.32% . |
Oppenheimer Strategic Fundamentals Correlations and Trends
By evaluating Oppenheimer Strategic'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 Strategic'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 Strategic Mutual Fund history
Oppenheimer Strategic 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 Strategic 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 Strategic stock prices may prove useful in developing a viable investing in Oppenheimer Strategic
The fund invests mainly in debt securities, including foreign and U.S. government bonds and notes, mortgage-related securities, corporate debt obligations, including lower-grade, high-yield domestic and foreign corporate debt obligations, structured notes, participation interests in loans, investments in pooled investment entities, asset-backed securities and zero coupon and stripped securities. It invests a substantial portion of its assets in a number of different countries, including the U.S.
Oppenheimer Strategic Mutual Fund Technical Analysis
Oppenheimer Strategic 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 Strategic Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Oppenheimer Strategic Income 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 Strategic November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Oppenheimer Strategic 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 Strategic shares will generate the highest return on investment. By undertsting and applying Oppenheimer Strategic mutual fund market strength indicators, traders can identify Oppenheimer Strategic Income entry and exit signals to maximize returns
Oppenheimer Strategic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oppenheimer Strategic'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 | (0.05) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.38) |
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Other Information on Investing in Oppenheimer Mutual Fund
Oppenheimer Strategic 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 Strategic security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |