Oppenheimer Value Mutual Fund Forecast - Daily Balance Of Power
| CGRNX Fund | USD 32.79 0.20 0.61% |
Oppenheimer Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Oppenheimer Value stock prices and determine the direction of Oppenheimer Value Fd's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Oppenheimer Value's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Oppenheimer Value to cross-verify your projections. Oppenheimer |
Most investors in Oppenheimer Value cannot accurately predict what will happen the next trading day because, historically, fund markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Oppenheimer Value's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Oppenheimer Value's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Oppenheimer Value Fd market sensitivity to bulls and bears. It estimates the ability of Oppenheimer Value buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Oppenheimer Value Balance of Power indicator one can determine a trend of the price direction.| Check Oppenheimer Value Volatility | Backtest Oppenheimer Value | Information Ratio |
Oppenheimer Value Trading Date Momentum
| On May 03 2024 Oppenheimer Value Fd was traded for 32.79 at the closing time. The highest daily price throughout the period was 32.79 and the lowest price was 32.79 . There was no trading activity during the period 1.0. Lack of trading volume on 05/03/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Oppenheimer Value
For every potential investor in Oppenheimer, whether a beginner or expert, Oppenheimer Value's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Oppenheimer Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Oppenheimer. Basic forecasting techniques help filter out the noise by identifying Oppenheimer Value's price trends.Oppenheimer Value Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Oppenheimer Value mutual fund to make a market-neutral strategy. Peer analysis of Oppenheimer Value could also be used in its relative valuation, which is a method of valuing Oppenheimer Value by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Oppenheimer Value Technical and Predictive Analytics
The mutual fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Oppenheimer Value's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Oppenheimer Value's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Oppenheimer Value Market Strength Events
Market strength indicators help investors to evaluate how Oppenheimer Value 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 Value shares will generate the highest return on investment. By undertsting and applying Oppenheimer Value mutual fund market strength indicators, traders can identify Oppenheimer Value Fd entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 32.79 | |||
| Day Typical Price | 32.79 | |||
| Price Action Indicator | 0.1 | |||
| Period Momentum Indicator | 0.2 | |||
| Relative Strength Index | 51.14 |
Oppenheimer Value Risk Indicators
The analysis of Oppenheimer Value's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Oppenheimer Value's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting oppenheimer mutual fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.4935 | |||
| Semi Deviation | 0.748 | |||
| Standard Deviation | 0.6659 | |||
| Variance | 0.4434 | |||
| Downside Variance | 0.707 | |||
| Semi Variance | 0.5595 | |||
| Expected Short fall | (0.47) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Oppenheimer Value
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Oppenheimer Value position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Oppenheimer Value will appreciate offsetting losses from the drop in the long position's value.Moving together with Oppenheimer Mutual Fund
| 0.78 | OSCNX | Oppenheimer Main Street | PairCorr |
| 0.83 | OSCYX | Oppenheimer Main Street | PairCorr |
The ability to find closely correlated positions to Oppenheimer Value could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oppenheimer Value when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Oppenheimer Value - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Oppenheimer Value Fd to buy it.
The correlation of Oppenheimer Value is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Oppenheimer Value moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oppenheimer Value moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Oppenheimer Value can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Oppenheimer Value to cross-verify your projections. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.