Invesco Oppenheimer Backtesting

OSDYX -- USA Fund  

USD 4.99  0.00  0.00%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Invesco Oppenheimer Ultra Short and determine expected loss or profit from investing in Invesco Oppenheimer over given investment horizon. Additionally take a look at Invesco Oppenheimer Hype Analysis, Invesco Oppenheimer Correlation, Portfolio Optimization, Invesco Oppenheimer Volatility as well as analyze Invesco Oppenheimer Alpha and Beta and Invesco Oppenheimer Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

Invesco Oppenheimer 'What if' Analysis

September 8, 2019
0.00
No Change 0.00  0.0 
In 3 months and 1 day
December 7, 2019
0.00
If you would invest  0.00  in Invesco Oppenheimer on September 8, 2019 and sell it all today you would earn a total of 0.00 from holding Invesco Oppenheimer Ultra Short or generate 0.0% return on investment in Invesco Oppenheimer over 90 days. Invesco Oppenheimer is related to or competes with Lord Abbett, Lord Abbett, Lord Abbett, Lord Abbett, Lord Abbett, Putnam Ultra, and Putnam Ultra. Under normal market conditions, the fund invests in short-term, fixed and floating rate, U.S

Invesco Oppenheimer Upside/Downside Indicators

Information Ratio(1.37)
Maximum Drawdown0.4004

Invesco Oppenheimer Market Premium Indicators

Risk Adjusted Performance(0.13)
Jensen Alpha(0.013359)
Total Risk Alpha(0.018807)
Treynor Ratio(2.41)

Invesco Oppenheimer Backtested Returns

Macroaxis considers Invesco Oppenheimer to be very steady. Invesco Oppenheimer holds Efficiency (Sharpe) Ratio of -0.0553 which attests that the entity had -0.0553% of return per unit of risk over the last 3 months. Macroaxis philosophy towards determining risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Invesco Oppenheimer exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Invesco Oppenheimer Market Risk Adjusted Performance of (2.40) and Risk Adjusted Performance of (0.13) to validate risk estimate we provide. The fund retains Market Volatility (i.e. Beta) of 0.0054 which attests that as returns on market increase, Invesco Oppenheimer returns are expected to increase less than the market. However during bear market, the loss on holding Invesco Oppenheimer will be expected to be smaller as well. Even though it is essential to pay attention to Invesco Oppenheimer current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Invesco Oppenheimer exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.10) 
correlation synergy

Very weak reverse predictability

Invesco Oppenheimer Ultra Short has very weak reverse predictability. Overlapping area represents the amount of predictability between Invesco Oppenheimer time series from September 8, 2019 to October 23, 2019 and October 23, 2019 to December 7, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Invesco Oppenheimer price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Invesco Oppenheimer price fluctuation can be explain by its past prices. Given that Invesco Oppenheimer Ultra Short has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Invesco Oppenheimer for similar time interval.
Correlation Coefficient-0.1
Spearman Rank Test-0.11
Residual Average0.0
Price Variance0.0

Invesco Oppenheimer lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Invesco Oppenheimer regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Invesco Oppenheimer Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - OSDYX

Invesco Oppenheimer Investor Sentiment

Macroaxis portfolio users are evenly split in their perspective on investing in Invesco Oppenheimer Ultra Short. What is your judgment towards investing in Invesco Oppenheimer Ultra Short? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additionally take a look at Invesco Oppenheimer Hype Analysis, Invesco Oppenheimer Correlation, Portfolio Optimization, Invesco Oppenheimer Volatility as well as analyze Invesco Oppenheimer Alpha and Beta and Invesco Oppenheimer Performance. Please also try CEO Directory module to screen ceos from public companies around the world.
Search macroaxis.com