Oppenheimer Main Street Fund Quote
| OSSIX Fund | USD 21.09 0.04 0.19% |
Performance4 of 100
| Odds Of DistressLess than 21
|
Oppenheimer Main is trading at 21.09 as of the 17th of April 2024; that is -0.19 percent down since the beginning of the trading day. The fund's open price was 21.13. Oppenheimer Main has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading 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 18th of March 2024 and ending today, the 17th of April 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
| 0.92 | OSCNX | Oppenheimer Main Street | PairCorr |
| 0.81 | OSCIX | Oppenheimer Intl Small | PairCorr |
| 1.0 | OSCYX | Oppenheimer Main Street | PairCorr |
| 0.8 | 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 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 Concentration | OppenheimerFunds Funds, Large Funds, Small Blend Funds, Small Blend, OppenheimerFunds, Large, Small Blend (View all Sectors) |
| Update Date | 31st of March 2024 |
Oppenheimer Main Street [OSSIX] is traded in USA and was established 17th of April 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 718.76 M in assets with no minimum investment requirementsOppenheimer Main Street is currently producing year-to-date (YTD) return of 1.67% with the current yeild of 0.01%, while the total return for the last 3 years was 2.26%.
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
| FCPT | Four Corners Property | Stock | Real Estate |
| JACK | Jack In The | Stock | Consumer Discretionary |
| RGEN | Repligen | Stock | Health Care |
| NUVA | NuVasive | Stock | Health Care |
| ATKR | Atkore International Group | Stock | Industrials |
| LHCG | LHC Group | Stock | Health Care |
| ACCO | Acco Brands | Stock | Industrials |
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 60.56%. 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 1.4967. 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, oppenheimer Main Street 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 Main to move above the current price in 90 days from now is about 60.56 (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 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 |
| PKTFX | Invesco Peak Retirement | Mutual Fund | Target-Date 2025 |
| PKRDX | Invesco Peak Retirement | Mutual Fund | US Mutual Fund |
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.
| Mean Deviation | 0.8265 | |||
| Semi Deviation | 1.12 | |||
| Standard Deviation | 1.07 | |||
| Variance | 1.15 |
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 Theme Ratings Now
Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| 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 Sharpe 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 gross domestic product. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.