Oppenheimer Roc High Fund Technical Analysis

ORNYX Fund  USD 6.96  0.02  0.29%   
As of the 30th of November, Oppenheimer Roc holds the Risk Adjusted Performance of 0.0668, coefficient of variation of 944.18, and Semi Deviation of 0.243. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oppenheimer Roc, as well as the relationship between them.

Oppenheimer Roc Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Oppenheimer, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Oppenheimer
  
Oppenheimer Roc's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Oppenheimer Roc 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.
A focus of Oppenheimer Roc technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Oppenheimer Roc trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Oppenheimer Roc High Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Oppenheimer Roc High volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Oppenheimer Roc High Trend Analysis

Use this graph to draw trend lines for Oppenheimer Roc High. You can use it to identify possible trend reversals for Oppenheimer Roc as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Oppenheimer Roc price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Oppenheimer Roc Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Oppenheimer Roc High applied against its price change over selected period. The best fit line has a slop of   0.0006  , which may suggest that Oppenheimer Roc High market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Oppenheimer Roc price change compared to its average price change.

About Oppenheimer Roc Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Oppenheimer Roc High on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Oppenheimer Roc High based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Oppenheimer Roc High price pattern first instead of the macroeconomic environment surrounding Oppenheimer Roc High. By analyzing Oppenheimer Roc's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Oppenheimer Roc's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Oppenheimer Roc specific price patterns or momentum indicators. Please read more on our technical analysis page.

Oppenheimer Roc November 30, 2024 Technical Indicators

Most technical analysis of Oppenheimer help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Oppenheimer from various momentum indicators to cycle indicators. When you analyze Oppenheimer charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Oppenheimer Roc High One Year Return

Based on the recorded statements, Oppenheimer Roc High has an One Year Return of 10.7106%. This is much higher than that of the OppenheimerFunds family and significantly higher than that of the High Yield Muni category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

Other Information on Investing in Oppenheimer Mutual Fund

Oppenheimer Roc 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 Roc security.
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