Oppenheimer Main Street Fund Quote

OSCNX Fund  USD 20.56  0.14  0.69%   

Performance

13 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 35

 
100  
 
Zero
Below Average
Oppenheimer Main is trading at 20.56 as of the 28th of February 2024; that is 0.69 percent increase since the beginning of the trading day. The fund's open price was 20.42. Oppenheimer Main has about a 35 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Oppenheimer Main Street are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of March 2023 and ending today, the 28th of February 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets, including any borrowings for investment purposes, in securities of small-cap companies. The funds manager considers small-cap companies to be those having a market capitalization in the range of market capitalizations of the largest and smallest capitalized companies included in the Russell 2000 Index. More on Oppenheimer Main Street

Moving together with Oppenheimer Mutual Fund

  0.81OSCIX Oppenheimer Intl SmallPairCorr
  1.0OSCYX Oppenheimer Main StreetPairCorr

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 Main's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Oppenheimer Main or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationOppenheimerFunds Funds, Large Funds, Small Blend Funds, Small Blend, OppenheimerFunds, Large, Small Blend (View all Sectors)
Update Date31st of December 2023
Fiscal Year EndApril
Oppenheimer Main Street [OSCNX] is traded in USA and was established 28th of February 2024. Oppenheimer Main is listed under OppenheimerFunds category by Fama And French industry classification. The fund is listed under Small Blend category and is part of OppenheimerFunds family. This fund now has accumulated 666.93 M in assets with no minimum investment requirementsOppenheimer Main Street is currently producing year-to-date (YTD) return of 1.29% with the current yeild of 0.01%, while the total return for the last 3 years was 2.72%.
Check Oppenheimer Main 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 Main Street 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 Main Street Mutual Fund Constituents

NUVANuVasiveStockHealth Care
ANAutoNationStockConsumer Discretionary
JACKJack InStockConsumer Discretionary
KBRKBR IncStockIndustrials
RGENRepligenStockHealth Care
VCVisteon CorpStockConsumer Discretionary
QDELQuidelStockHealth Care
More Details

Oppenheimer Main Target Price Odds Analysis

Based on a normal probability distribution, the odds of Oppenheimer Main jumping above the current price in 90 days from now is about 7.71%. The Oppenheimer Main Street probability density function shows the probability of Oppenheimer Main 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 1.6526. 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 Main will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Oppenheimer Main Street is significantly underperforming NYSE Composite.
  Odds Below 20.56HorizonTargetOdds Above 20.56
92.17%90 days
 20.56 
7.71%
Based on a normal probability distribution, the odds of Oppenheimer Main to move above the current price in 90 days from now is about 7.71 (This Oppenheimer Main Street probability density function shows the probability of Oppenheimer Mutual Fund to fall within a particular range of prices over 90 days) .

Oppenheimer Main Street Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Oppenheimer Main market risk premium is the additional return an investor will receive from holding Oppenheimer Main 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 Main. 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 Main's alpha and beta are two of the key measurements used to evaluate Oppenheimer Main's performance over the market, the standard measures of volatility play an important role as well.

Oppenheimer Main Against Markets

Picking the right benchmark for Oppenheimer Main 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 Main 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 Main is critical whether you are bullish or bearish towards Oppenheimer Main Street at a given time. Please also check how Oppenheimer Main'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 Main 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?

Run Stock Screener Now

   

Stock Screener

Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
All  Next Launch Module

How to buy Oppenheimer Mutual Fund?

Before investing in Oppenheimer Main, 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 Main. To buy Oppenheimer Main fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Oppenheimer Main. 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 Main fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Oppenheimer Main Street 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 Main Street 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 Main Street, 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 Main Street?

The danger of trading Oppenheimer Main Street 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 Main 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 Main. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Oppenheimer Main Street 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 Main Street. 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for Oppenheimer Mutual Fund analysis

When running Oppenheimer Main's price analysis, check to measure Oppenheimer Main's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oppenheimer Main is operating at the current time. Most of Oppenheimer Main's value examination focuses on studying past and present price action to predict the probability of Oppenheimer Main's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oppenheimer Main's price. Additionally, you may evaluate how the addition of Oppenheimer Main to your portfolios can decrease your overall portfolio volatility.
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Please note, there is a significant difference between Oppenheimer Main's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oppenheimer Main is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oppenheimer Main's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.