Oppenheimer Global Multi Asset Fund Price on December 24, 2024
QMGYX Fund | USD 11.48 0.12 1.03% |
Below is the normalized historical share price chart for Oppenheimer Global Multi Asset extending back to August 27, 2015. 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 Global stands at 11.48, as last reported on the 11th of December 2024, with the highest price reaching 11.48 and the lowest price hitting 11.48 during the day.
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 Global maintains Sharpe Ratio (i.e., Efficiency) of 0.0195, which implies the entity had a 0.0195% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Oppenheimer Global, which you can use to evaluate the volatility of the fund. Please check Oppenheimer Global's Risk Adjusted Performance of 0.0628, coefficient of variation of 1169.45, and Semi Deviation of 0.6693 to confirm if the risk estimate we provide is consistent with the expected return of 0.0156%.
Oppenheimer Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Oppenheimer |
Sharpe Ratio = 0.0195
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Estimated Market Risk
0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Oppenheimer Global is performing at about 1% 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 Global by adding it to a well-diversified portfolio.
Oppenheimer Global Valuation on December 24, 2024
It is possible to determine the worth of Oppenheimer Global on a given historical date. On December 24, 2024 Oppenheimer was worth 11.48 at the beginning of the trading date compared to the closed value of 11.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oppenheimer Global mutual fund. Still, in general, we apply an absolute valuation method to find Oppenheimer Global'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 Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oppenheimer Global's related companies.
Open | High | Low | Close | Volume | |
11.60 | 11.60 | 11.60 | 11.60 | 1.00 | |
12/10/2024 | 11.48 | 11.48 | 11.48 | 11.48 | 1.00 |
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Oppenheimer Global Trading Date Momentum on December 24, 2024
On December 10 2024 Oppenheimer Global Multi Asset was traded for 11.48 at the closing time. The highest daily price throughout the period was 11.48 and the lowest price was 11.48 . There was no trading activity during the period 1.0. Lack of trading volume on 12/10/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Oppenheimer Global Fundamentals Correlations and Trends
By evaluating Oppenheimer Global'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 Global'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 Global Mutual Fund history
Oppenheimer Global 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 Global 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 Global stock prices may prove useful in developing a viable investing in Oppenheimer Global
The fund seeks to achieve its investment objective by investing mainly in a broad range of international equity securities and other types of investments, including derivatives. It may invest without limit in all types of equity securities, including common stock, depositary receipts, and other securities or instruments whose prices are linked to the value of common stock. The fund may gain exposure to equity investments through listed and over-the-counter options.
Oppenheimer Global Mutual Fund Technical Analysis
Oppenheimer Global 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 Global Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Oppenheimer Global Multi Asset 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 Global December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Oppenheimer Global 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 Global shares will generate the highest return on investment. By undertsting and applying Oppenheimer Global mutual fund market strength indicators, traders can identify Oppenheimer Global Multi Asset entry and exit signals to maximize returns
Oppenheimer Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oppenheimer Global'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 | 0.0628 | |||
Jensen Alpha | 0.0572 | |||
Total Risk Alpha | (0.07) | |||
Sortino Ratio | (0.07) | |||
Treynor Ratio | 5.01 |
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Other Information on Investing in Oppenheimer Mutual Fund
Oppenheimer Global 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 Global security.
Fundamental Analysis View fundamental data based on most recent published financial statements | |
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Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |