Oppenheimer Mutual Fund Buy Hold or Sell Recommendation

Mutual Funds . USA . 
Fund . Oppenheimer Main Street
OSCNX Fund  USD 17.31  0.19  1.11%   
Assuming the 90 days horizon and your typical level of risk aversion, our recommendation regarding Oppenheimer Main Street is 'Hold'. Macroaxis provides Oppenheimer Main buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding OSCNX positions. The advice algorithm takes into account all of Oppenheimer Main's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Oppenheimer Main's buy-and-hold perspective. Please check Oppenheimer Main 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. We conduct extensive research on individual funds such as Oppenheimer and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Oppenheimer Main Street.

Execute Oppenheimer Main 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 Main Street. Macroaxis does not own or have any residual interests in Oppenheimer Main Street or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Oppenheimer Main's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Oppenheimer MainBuy Oppenheimer Main
Hold

Volatility

Very steady
Details

Hype Condition

Stale
Details

Current Valuation

Fairly Valued
Details

Odds of Distress

Very Small
Details

Economic Sensitivity

Responds to the market
Details

Analyst Consensus

Not Available
Details
For the selected time horizon Oppenheimer Main Street has a Risk Adjusted Performance of (0.031445), Jensen Alpha of 0.0494, Total Risk Alpha of 0.0586 and Treynor Ratio of (0.045023)
Our trade recommendations tool can cross-verify current analyst consensus on Oppenheimer Main Street and to analyze the entity potential to grow in the current economic cycle. Please employ Oppenheimer Main price to book and five year return to make buy, hold, or sell decision on Oppenheimer Main Street.

Oppenheimer Main Trading Alerts and Improvement Suggestions

Oppenheimer Main generated a negative expected return over the last 90 days
Oppenheimer Main is unlikely to experience financial distress in the next 2 years
The fund maintains 98.59% of its assets in stocks

Oppenheimer Main Returns Distribution Density

The distribution of Oppenheimer Main's historical returns is an attempt to chart the uncertainty of Oppenheimer Main's future price movements. The chart of the probability distribution of Oppenheimer Main stock daily returns describes the distribution of returns around its average expected value. We use Oppenheimer Main Street price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Oppenheimer Main returns is essential to provide solid investment advice for Oppenheimer Main.
Mean Return-0.05Value At Risk-2.25
Potential Upside2.10Standard Deviation1.32
   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 Main 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.
Backtest Oppenheimer Main Street

Oppenheimer Main 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 Main 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 Main'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		0.049416
β
Beta against NYSE Composite1.27
σ
Overall volatility		1.31
Ir
Information ratio 0.0202

Oppenheimer Main Volatility Alert

Oppenheimer Main Street exhibits very low volatility with skewness of -0.17 and kurtosis of -0.56. However, we advise investors to further study Oppenheimer Main Street technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Oppenheimer Main'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 Main'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 stocks as prices fall.

Oppenheimer Main Fundamentals Vs Peers

Comparing Oppenheimer Main'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 Main's direct or indirect competition across all of the common fundamentals between Oppenheimer Main and the related equities. This way, we can detect undervalued stocks with similar characteristics as Oppenheimer Main or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Oppenheimer Main's fundamental indicators could also be used in its relative valuation, which is a method of valuing Oppenheimer Main by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Oppenheimer Main to competition
FundamentalsOppenheimer MainPeer Average
Price to Earning19.85 X6.53 X
Price to Book1.87 X0.74 X
Price to Sales0.95 X0.61 X
One Year Return0.24 %4.15 %
Three Year Return1.96 %3.60 %
Five Year Return3.38 %3.24 %
Net Asset1.53 B4.11 B
Last Dividend Paid0.010.65
Cash Position Weight1.42 %10.61 %
Equity Positions Weight98.59 %63.90 %

About Oppenheimer Main Buy or Sell Advice

When is the right time to buy or sell Oppenheimer Main Street? 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.

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In addition to having Oppenheimer Main 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.

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Precious Metals Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Precious Metals theme has 61 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 Precious Metals Theme or any other thematic opportunities.
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Please check Oppenheimer Main 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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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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 Oppenheimer Main value 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.
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