Oppenheimer Gold Spec Fund Buy Hold or Sell Recommendation

OPGSX Fund  USD 23.07  0.70  3.13%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Oppenheimer Gold Spec is 'Strong Sell'. Macroaxis provides Oppenheimer Gold buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding OPGSX positions. The advice algorithm takes into account all of Oppenheimer Gold's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Oppenheimer Gold's buy or sell advice are summarized below:
Real Value
20.84
Hype Value
23.07
Market Value
23.07
Naive Value
22.02
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Oppenheimer Gold Spec given historical horizon and risk tolerance towards Oppenheimer Gold. When Macroaxis issues a 'buy' or 'sell' recommendation for Oppenheimer Gold Spec, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Oppenheimer Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual funds such as Oppenheimer and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Oppenheimer Gold Spec. 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 state.

Execute Oppenheimer Gold Buy or Sell Advice

The Oppenheimer recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Oppenheimer Gold Spec. Macroaxis does not own or have any residual interests in Oppenheimer Gold Spec or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Oppenheimer Gold's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Oppenheimer GoldBuy Oppenheimer Gold
Strong Sell

Market Performance

WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Almost neglects market trendsDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Oppenheimer Gold Spec has a Mean Deviation of 1.28, Standard Deviation of 1.69 and Variance of 2.85
Our recommendation module complements current analysts and expert consensus on Oppenheimer Gold. It analyzes the fund potential to grow using all fundamental, technical, and market related data available at the time. Use Oppenheimer Gold Spec one year return and cash position weight to ensure your buy or sell decision on Oppenheimer Gold Spec is adequate.

Oppenheimer Gold Trading Alerts and Improvement Suggestions

Oppenheimer Gold Spec generated-2.0 ten year return of -2.0%
This fund maintains 98.26% of its assets in stocks

Oppenheimer Gold Returns Distribution Density

The distribution of Oppenheimer Gold's historical returns is an attempt to chart the uncertainty of Oppenheimer Gold's future price movements. The chart of the probability distribution of Oppenheimer Gold daily returns describes the distribution of returns around its average expected value. We use Oppenheimer Gold Spec price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Oppenheimer Gold returns is essential to provide solid investment advice for Oppenheimer Gold.
Mean Return
-0.0081
Value At Risk
-2.81
Potential Upside
2.93
Standard Deviation
1.69
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Oppenheimer Gold historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Oppenheimer Gold Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Oppenheimer Gold or Invesco sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Oppenheimer Gold's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Oppenheimer fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.04
β
Beta against NYSE Composite-0.44
σ
Overall volatility
1.76
Ir
Information ratio -0.08

Oppenheimer Gold Volatility Alert

Oppenheimer Gold Spec exhibits very low volatility with skewness of -0.27 and kurtosis of 0.88. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Oppenheimer Gold's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Oppenheimer Gold's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Oppenheimer Gold Fundamentals Vs Peers

Comparing Oppenheimer Gold's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Oppenheimer Gold's direct or indirect competition across all of the common fundamentals between Oppenheimer Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Oppenheimer Gold or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Oppenheimer Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Oppenheimer Gold by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Oppenheimer Gold to competition
FundamentalsOppenheimer GoldPeer Average
Price To Earning17.83 X6.53 X
Price To Book1.63 X0.74 X
Price To Sales2.21 X0.61 X
Annual Yield0.01 %0.29 %
Year To Date Return8.45 %0.39 %
One Year Return(1.55) %4.15 %
Three Year Return(2.98) %3.60 %
Five Year Return8.14 %3.24 %
Ten Year Return(2.09) %1.79 %
Net Asset1.9 B4.11 B
Last Dividend Paid0.430.65
Cash Position Weight1.54 %10.61 %
Equity Positions Weight98.26 %63.90 %

Oppenheimer Gold Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Oppenheimer . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Oppenheimer Gold Buy or Sell Advice

When is the right time to buy or sell Oppenheimer Gold Spec? Buying financial instruments such as Oppenheimer Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Oppenheimer Gold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Manufacturing Thematic Idea Now

Manufacturing
Manufacturing Theme
Companies that provide goods across residential, commercial and industrial construction such as machinery, tools, or lumber production. The Manufacturing theme has 20 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Manufacturing Theme or any other thematic opportunities.
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Check out Oppenheimer Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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When running Oppenheimer Gold's price analysis, check to measure Oppenheimer Gold'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 Gold is operating at the current time. Most of Oppenheimer Gold's value examination focuses on studying past and present price action to predict the probability of Oppenheimer Gold'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 Gold's price. Additionally, you may evaluate how the addition of Oppenheimer Gold to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Oppenheimer Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oppenheimer Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oppenheimer Gold'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.