Oppenheimer Discovery Fd Fund Manager Performance Evaluation
| ODINX Fund | USD 95.56 0.42 0.44% |
The fund holds a Beta of 1.49, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Oppenheimer Discovery will likely underperform.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Oppenheimer Discovery Fd are ranked lower than 16 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Oppenheimer Discovery showed solid returns over the last few months and may actually be approaching a breakup point.
...more1 | Were Back - by Patrick Ryan - The Odin Times - substack.com | 10/10/2024 |
| Expense Ratio | 1.2900 |
Oppenheimer |
Oppenheimer Discovery Relative Risk vs. Return Landscape
If you would invest 8,100 in Oppenheimer Discovery Fd on August 31, 2024 and sell it today you would earn a total of 1,456 from holding Oppenheimer Discovery Fd or generate 17.98% return on investment over 90 days. Oppenheimer Discovery Fd is currently producing 0.2704% returns and takes up 1.2559% volatility of returns over 90 trading days. Put another way, 11% of traded mutual funds are less volatile than Oppenheimer, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Oppenheimer Discovery Current Valuation
Overvalued
Today
Please note that Oppenheimer Discovery's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Oppenheimer Discovery holds a recent Real Value of $83.14 per share. The prevailing price of the fund is $95.56. We determine the value of Oppenheimer Discovery 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 Discovery is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Oppenheimer Mutual Fund. However, Oppenheimer Discovery'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 95.56 | Real 83.14 | Hype 95.46 | Naive 95.18 |
The intrinsic value of Oppenheimer Discovery'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 Discovery'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 Discovery Fd 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 Discovery more accurately as focusing exclusively on Oppenheimer Discovery's fundamentals will not take into account other important factors: Oppenheimer Discovery Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oppenheimer Discovery's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Oppenheimer Discovery Fd, and traders can use it to determine the average amount a Oppenheimer Discovery'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 = 0.2153
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.26 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 16 84% of assets perform better |
Based on monthly moving average Oppenheimer Discovery is performing at about 16% 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 Discovery by adding it to a well-diversified portfolio.
Oppenheimer Discovery Fundamentals Growth
Oppenheimer Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Oppenheimer Discovery, and Oppenheimer Discovery 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 | 34.66 X | |||
| Price To Book | 4.79 X | |||
| Price To Sales | 2.99 X | |||
| Total Asset | 3.35 B | |||
About Oppenheimer Discovery Performance
Evaluating Oppenheimer Discovery's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Oppenheimer Discovery 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 Discovery 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.
The fund mainly invests in common stocks of U.S. companies that the portfolio managers believe have favorable growth prospects. It emphasizes stocks of small-capitalization companies. The fund managers consider a small-capitalization company to be one that has a market capitalization, at the time of purchase, within the range of market capitalizations of the Russell 2000 Growth Index. A companys market capitalization is the value of its outstanding common stock.Things to note about Oppenheimer Discovery performance evaluation
Checking the ongoing alerts about Oppenheimer Discovery for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Oppenheimer Discovery help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Oppenheimer Discovery's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Oppenheimer Discovery's mutual fund performance include:- Analyzing Oppenheimer Discovery'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 Discovery's stock is overvalued or undervalued compared to its peers.
- Examining Oppenheimer Discovery'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 Discovery's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Oppenheimer Discovery's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Oppenheimer Discovery's mutual fund. These opinions can provide insight into Oppenheimer Discovery's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Oppenheimer Mutual Fund
Oppenheimer Discovery 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 Discovery security.
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