Oppenheimer Steelpath Mlp Fund Manager Performance Evaluation
| MLPNX Fund | USD 6.96 0.15 2.20% |
The fund holds a Beta of 0.5, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Oppenheimer Steelpath's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oppenheimer Steelpath is expected to be smaller as well.
Risk-Adjusted Performance
24 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Oppenheimer Steelpath Mlp are ranked lower than 24 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Oppenheimer Steelpath showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio | 7.8100 |
Oppenheimer |
Oppenheimer Steelpath Relative Risk vs. Return Landscape
If you would invest 573.00 in Oppenheimer Steelpath Mlp on September 1, 2024 and sell it today you would earn a total of 123.00 from holding Oppenheimer Steelpath Mlp or generate 21.47% return on investment over 90 days. Oppenheimer Steelpath Mlp is currently producing 0.314% returns and takes up 0.9988% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than Oppenheimer, and 94% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Oppenheimer Steelpath Current Valuation
Undervalued
Today
Please note that Oppenheimer Steelpath's price fluctuation is not too volatile at this time. At this time, the fund appears to be undervalued. Oppenheimer Steelpath Mlp holds a recent Real Value of $7.39 per share. The prevailing price of the fund is $6.96. We determine the value of Oppenheimer Steelpath Mlp from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Oppenheimer Steelpath is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Oppenheimer Mutual Fund. However, Oppenheimer Steelpath's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 6.96 | Real 7.39 | Hype 6.96 | Naive 6.95 |
The intrinsic value of Oppenheimer Steelpath's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Oppenheimer Steelpath's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Oppenheimer Steelpath Mlp helps investors to forecast how Oppenheimer mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Oppenheimer Steelpath more accurately as focusing exclusively on Oppenheimer Steelpath's fundamentals will not take into account other important factors: Oppenheimer Steelpath Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oppenheimer Steelpath's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Oppenheimer Steelpath Mlp, and traders can use it to determine the average amount a Oppenheimer Steelpath's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.3144
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MLPNX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.0 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average Oppenheimer Steelpath is performing at about 24% 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 Steelpath by adding it to a well-diversified portfolio.
Oppenheimer Steelpath Fundamentals Growth
Oppenheimer Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Oppenheimer Steelpath, and Oppenheimer Steelpath fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Oppenheimer Mutual Fund performance.
| Price To Earning | 21.69 X | ||||
| Price To Book | 1.51 X | ||||
| Price To Sales | 1.07 X | ||||
| Total Asset | 166.45 M | ||||
About Oppenheimer Steelpath Performance
Evaluating Oppenheimer Steelpath's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Oppenheimer Steelpath has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Oppenheimer Steelpath has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund invests at least 80 percent of its net assets in master limited partnership investments of issuers that are engaged in the transportation, storage, processing, refining, marketing, exploration, production, and mining of minerals and natural resources and in derivatives and other instruments that have economic characteristics similar to such securities. The fund is non-diversified.Things to note about Oppenheimer Steelpath Mlp performance evaluation
Checking the ongoing alerts about Oppenheimer Steelpath for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Oppenheimer Steelpath Mlp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Oppenheimer Steelpath's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Oppenheimer Steelpath's mutual fund performance include:- Analyzing Oppenheimer Steelpath's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Oppenheimer Steelpath's stock is overvalued or undervalued compared to its peers.
- Examining Oppenheimer Steelpath's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Oppenheimer Steelpath's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Oppenheimer Steelpath's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Oppenheimer Steelpath's mutual fund. These opinions can provide insight into Oppenheimer Steelpath's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Oppenheimer Mutual Fund
Oppenheimer Steelpath 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 Steelpath security.
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |