Oppenhmr Discovery Mid Fund Quote
| OEGIX Fund | USD 31.10 0.29 0.94% |
Performance9 of 100
| Odds Of DistressLess than 18
|
Oppenhmr Discovery is trading at 31.10 as of the 23rd of April 2024; that is 0.94% increase since the beginning of the trading day. The fund's open price was 30.81. Oppenhmr Discovery has less than a 18 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Oppenhmr Discovery Mid are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of February 2024 and ending today, the 23rd of April 2024. Click here to learn more.
The fund mainly invests in common stocks of U.S. companies that the portfolio managers expect to have above-average growth rates. Invesco Oppenheimer is traded on NASDAQ Exchange in the United States. More on Oppenhmr Discovery Mid
Moving together with Oppenhmr Mutual Fund
| 0.83 | OSCNX | Oppenheimer Main Street | PairCorr |
| 0.74 | OSCIX | Oppenheimer Intl Small | PairCorr |
| 0.84 | OSCYX | Oppenheimer Main Street | PairCorr |
| 0.73 | OSMNX | Oppenheimer Intl Small | PairCorr |
Oppenhmr 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. Oppenhmr Discovery's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Oppenhmr Discovery 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, Mid-Cap Growth Funds, Mid-Cap Growth, OppenheimerFunds (View all Sectors) |
| Update Date | 31st of March 2024 |
Oppenhmr Discovery Mid [OEGIX] is traded in USA and was established 23rd of April 2024. Oppenhmr Discovery is listed under OppenheimerFunds category by Fama And French industry classification. The fund is listed under Mid-Cap Growth category and is part of OppenheimerFunds family. This fund now has accumulated 1.37 B in assets with no minimum investment requirementsOppenhmr Discovery Mid is currently producing year-to-date (YTD) return of 7.35%, while the total return for the last 3 years was -2.0%.
Check Oppenhmr Discovery Probability Of Bankruptcy
Instrument Allocation
Top Oppenhmr Discovery Mid Mutual Fund Constituents
| ODFL | Old Dominion Freight | Stock | Industrials |
| IDXX | IDEXX Laboratories | Stock | Health Care |
| GNRC | Generac Holdings | Stock | Industrials |
| MSCI | MSCI Inc | Stock | Financials |
| XPO | XPO Logistics | Stock | Industrials |
| CSGP | CoStar Group | Stock | Industrials |
| TRU | TransUnion | Stock | Industrials |
Oppenhmr Discovery Target Price Odds Analysis
Based on a normal probability distribution, the odds of Oppenhmr Discovery jumping above the current price in 90 days from now is about 68.72%. The Oppenhmr Discovery Mid probability density function shows the probability of Oppenhmr Discovery mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Oppenhmr Discovery has a beta of 0.0818. This indicates as returns on the market go up, Oppenhmr Discovery average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Oppenhmr Discovery Mid will be expected to be much smaller as well. Additionally, oppenhmr Discovery Mid has an alpha of 0.1018, implying that it can generate a 0.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Oppenhmr Discovery to move above the current price in 90 days from now is about 68.72 (This Oppenhmr Discovery Mid probability density function shows the probability of Oppenhmr Mutual Fund to fall within a particular range of prices over 90 days) .
Oppenhmr Discovery Top Holders
| OAMIX | Oppenheimer Moderate Investor | Mutual Fund | Allocation--50% to 70% Equity |
| PKRUX | Invesco Peak Retirement | Mutual Fund | Target-Date 2050 |
| AADYX | Invesco Growth Allocation | Mutual Fund | Allocation--70% to 85% Equity |
| PKRTX | Invesco Peak Retirement | Mutual Fund | Target-Date 2050 |
| PKKDX | Invesco Peak Retirement | Mutual Fund | Target-Date 2045 |
| PKRDX | Invesco Peak Retirement | Mutual Fund | US Mutual Fund |
| PKRPX | Invesco Peak Retirement | Mutual Fund | Target-Date 2055 |
Oppenhmr Discovery Mid Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Oppenhmr Discovery market risk premium is the additional return an investor will receive from holding Oppenhmr Discovery 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 Oppenhmr Discovery. 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 Oppenhmr Discovery's alpha and beta are two of the key measurements used to evaluate Oppenhmr Discovery's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8228 | |||
| Semi Deviation | 0.8539 | |||
| Standard Deviation | 1.01 | |||
| Variance | 1.03 |
Oppenhmr Discovery Against Markets
Picking the right benchmark for Oppenhmr Discovery 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 Oppenhmr Discovery 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 Oppenhmr Discovery is critical whether you are bullish or bearish towards Oppenhmr Discovery Mid at a given time. Please also check how Oppenhmr Discovery'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 Oppenhmr Discovery 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 Oppenhmr Mutual Fund?
Before investing in Oppenhmr Discovery, 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 Oppenhmr Discovery. To buy Oppenhmr Discovery fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Oppenhmr Discovery. 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 Oppenhmr Discovery fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Oppenhmr Discovery Mid 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 Oppenhmr Discovery Mid 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 Oppenhmr Discovery Mid, 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 Oppenhmr Discovery Mid?
The danger of trading Oppenhmr Discovery Mid 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 Oppenhmr Discovery 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 Oppenhmr Discovery. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Oppenhmr Discovery Mid 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 Oppenhmr Discovery Mid. 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 gross domestic product. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.