Oppenheimer Rochester Fund Price on October 25, 2024
RMUNX Fund | USD 15.46 0.05 0.32% |
Below is the normalized historical share price chart for Oppenheimer Rochester extending back to March 05, 1987. 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 Rochester stands at 15.46, as last reported on the 30th of November, with the highest price reaching 15.46 and the lowest price hitting 15.46 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 Rochester maintains Sharpe Ratio (i.e., Efficiency) of 0.0554, which implies the entity had a 0.0554% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Oppenheimer Rochester, which you can use to evaluate the volatility of the fund. Please check Oppenheimer Rochester's Risk Adjusted Performance of 0.0453, coefficient of variation of 1375.5, and Semi Deviation of 0.3717 to confirm if the risk estimate we provide is consistent with the expected return of 0.0211%.
Oppenheimer Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Oppenheimer |
Sharpe Ratio = 0.0554
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Estimated Market Risk
0.38 actual daily | 3 97% of assets are more volatile |
Expected Return
0.02 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 Rochester 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 Rochester by adding it to a well-diversified portfolio.
Oppenheimer Rochester Valuation on October 25, 2024
It is possible to determine the worth of Oppenheimer Rochester on a given historical date. On October 25, 2024 Oppenheimer was worth 15.16 at the beginning of the trading date compared to the closed value of 15.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oppenheimer Rochester mutual fund. Still, in general, we apply an absolute valuation method to find Oppenheimer Rochester'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 Rochester where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oppenheimer Rochester's related companies.
Open | High | Low | Close | Volume | |
15.07 | 15.07 | 15.07 | 15.07 | 1.00 | |
10/25/2024 | 15.16 | 15.16 | 15.16 | 15.16 | 1.00 |
15.17 | 15.17 | 15.17 | 15.17 | 1.00 |
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Oppenheimer Rochester Trading Date Momentum on October 25, 2024
On October 28 2024 Oppenheimer Rochester was traded for 15.17 at the closing time. The highest daily price throughout the period was 15.17 and the lowest price was 15.17 . There was no trading activity during the period 1.0. Lack of trading volume on 10/28/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.07% . The trading delta at closing time to current closing price is 0.46% . |
Oppenheimer Rochester Fundamentals Correlations and Trends
By evaluating Oppenheimer Rochester'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 Rochester'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 Rochester Mutual Fund history
Oppenheimer Rochester 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 Rochester 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 Rochester stock prices may prove useful in developing a viable investing in Oppenheimer Rochester
The fund invests at least 80 percent of its net assets in securities the income from which, in the opinion of counsel to the issuer of each security, is exempt from regular federal individual and, as applicable, the funds state income tax. It invests mainly in New York municipal securities that pay interest that, in the opinion of counsel to the issuer of each security, is exempt from federal and New York personal income taxes. The fund can invest up to 25 percent of its total assets in below-investment-grade securities .
Oppenheimer Rochester Mutual Fund Technical Analysis
Oppenheimer Rochester 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 Rochester Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Oppenheimer Rochester 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 Rochester November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Oppenheimer Rochester 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 Rochester shares will generate the highest return on investment. By undertsting and applying Oppenheimer Rochester mutual fund market strength indicators, traders can identify Oppenheimer Rochester entry and exit signals to maximize returns
Oppenheimer Rochester Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oppenheimer Rochester'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 | 0.0453 | |||
Jensen Alpha | 0.0363 | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | (0.21) | |||
Treynor Ratio | (0.12) |
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Volume Indicators |
Other Information on Investing in Oppenheimer Mutual Fund
Oppenheimer Rochester 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 Rochester security.
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