Oppenheimer Gr Incm Fund Quote
| OGINX Fund | USD 43.09 0.05 0.12% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Oppenheimer is trading at 43.09 as of the 19th of April 2024; that is -0.12 percent down since the beginning of the trading day. The fund's open price was 43.14. Oppenheimer has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Oppenheimer Gr Incm are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund invests mainly in equity securities of issuers in the U.S. and foreign countries. In addition to common stocks, the fund can invest in other equity or equity equivalents securities such as preferred stocks, convertible securities, rights or warrants. More on Oppenheimer Gr Incm
Moving together with Oppenheimer Mutual Fund
| 0.75 | OSCNX | Oppenheimer Main Street | PairCorr |
| 0.92 | OSCIX | Oppenheimer Intl Small | PairCorr |
| 0.75 | OSCYX | Oppenheimer Main Street | PairCorr |
| 0.69 | OSIIX | Oppenheimer Global Strtgc | PairCorr |
| 0.67 | OSINX | Oppenheimer Strat | PairCorr |
| 0.67 | OSIYX | Oppenheimer Strategic | PairCorr |
| 0.93 | OSMNX | Oppenheimer Intl Small | PairCorr |
Oppenheimer Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Oppenheimer's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Oppenheimer or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | OppenheimerFunds Funds, Large Funds, World Small/Mid Stock Funds, World Small/Mid Stock, OppenheimerFunds (View all Sectors) |
| Update Date | 31st of March 2024 |
| Fiscal Year End | September |
Oppenheimer Gr Incm [OGINX] is traded in USA and was established 19th of April 2024. Oppenheimer is listed under OppenheimerFunds category by Fama And French industry classification. The fund is listed under World Small/Mid Stock category and is part of OppenheimerFunds family. This fund now has accumulated 8.43 B in assets with no minimum investment requirementsOppenheimer Gr is currently producing year-to-date (YTD) return of 16.5%, while the total return for the last 3 years was -15.85%.
Check Oppenheimer Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Oppenheimer Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Oppenheimer Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Oppenheimer Gr Incm Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Oppenheimer Gr Incm Mutual Fund Constituents
| RAD | Rite Aid | Stock | Consumer Staples |
| COHR | Coherent | Stock | Information Technology |
| GNMSF | Genmab AS | Pink Sheet | Biotechnology |
| NVZMF | Novozymes AS B | Pink Sheet | Specialty Chemicals |
| GMAB | Genmab AS | Stock | Health Care |
| AMAT | Applied Materials | Stock | Information Technology |
| SGEN | Seagen Inc | Stock | Health Care |
Oppenheimer Target Price Odds Analysis
Based on a normal probability distribution, the odds of Oppenheimer jumping above the current price in 90 days from now is close to 99%. The Oppenheimer Gr Incm probability density function shows the probability of Oppenheimer mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.2967. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Oppenheimer will likely underperform. Additionally, oppenheimer Gr Incm has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Oppenheimer to move above the current price in 90 days from now is close to 99 (This Oppenheimer Gr Incm probability density function shows the probability of Oppenheimer Mutual Fund to fall within a particular range of prices over 90 days) .
Oppenheimer Gr Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Oppenheimer market risk premium is the additional return an investor will receive from holding Oppenheimer long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Oppenheimer. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Oppenheimer's alpha and beta are two of the key measurements used to evaluate Oppenheimer's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.7036 | |||
| Standard Deviation | 0.8976 | |||
| Variance | 0.8057 | |||
| Risk Adjusted Performance | (0.02) |
Oppenheimer Against Markets
Picking the right benchmark for Oppenheimer mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Oppenheimer mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Oppenheimer is critical whether you are bullish or bearish towards Oppenheimer Gr Incm at a given time. Please also check how Oppenheimer's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Oppenheimer without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Oppenheimer Mutual Fund?
Before investing in Oppenheimer, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Oppenheimer. To buy Oppenheimer fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Oppenheimer. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Oppenheimer fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Oppenheimer Gr Incm fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Oppenheimer Gr Incm fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Oppenheimer Gr Incm, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Oppenheimer Gr Incm?
The danger of trading Oppenheimer Gr Incm is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Oppenheimer is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Oppenheimer. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Oppenheimer Gr is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oppenheimer Gr Incm. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.