Oppenheimer Main Street Fund Price on September 6, 2023

OSCNX Fund  USD 20.47  0.09  0.44%   
Below is the normalized historical share price chart for Oppenheimer Main Street extending back to May 17, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Oppenheimer Main stands at 20.47, as last reported on the 28th of February, with the highest price reaching 20.47 and the lowest price hitting 20.47 during the day.
 
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If you're considering investing in Oppenheimer Mutual Fund, it is important to understand the factors that can impact its stock price. Oppenheimer Main appears to be very steady, given 3 months investment horizon. Oppenheimer Main Street maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the entity had 0.18% return per unit of risk over the last 3 months. Our standpoint towards forecasting the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Oppenheimer Main Street, which you can use to evaluate the future volatility of the fund. Please evaluate Oppenheimer Main's Coefficient Of Variation of 549.71, risk adjusted performance of 0.1198, and Semi Deviation of 1.03 to confirm if our risk estimates are consistent with your expectations.
  
Oppenheimer Mutual Fund stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1782

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Estimated Market Risk

 1.26
  actual daily
11
89% of assets are more volatile

Expected Return

 0.22
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
13
87% of assets perform better
Based on monthly moving average Oppenheimer Main is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Oppenheimer Main by adding it to a well-diversified portfolio.

Oppenheimer Main Valuation on September 6, 2023

It is possible to determine the worth of Oppenheimer Main on a given historical date. On September 6, 2023 Oppenheimer was worth 18.78 at the beginning of the trading date compared to the closed value of 18.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oppenheimer Main mutual fund. Still, in general, we apply an absolute valuation method to find Oppenheimer Main's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Oppenheimer Main where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oppenheimer Main's related companies.
 Open High Low Close Volume
  18.86    18.86    18.86    18.86    1.00  
09/06/2023
  18.78    18.78    18.78    18.78    1.00  
  18.52    18.52    18.52    18.52    1.00  
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Open Value
18.78
18.78
Closing Value
22.55
Upside

Oppenheimer Main Trading Date Momentum on September 6, 2023

On September 07 2023 Oppenheimer Main Street was traded for  18.52  at the closing time. The highest daily price throughout the period was 18.52  and the lowest price was  18.52 . There was no trading activity during the period 1.0. Lack of trading volume on 09/07/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.38% . The trading delta at closing time to current closing price is 2.40% .

Oppenheimer Main Street Fundamentals Correlations and Trends

By evaluating Oppenheimer Main's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Oppenheimer Main's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Oppenheimer financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Oppenheimer Main Mutual Fund history

Oppenheimer Main investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Oppenheimer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oppenheimer Main Street will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Oppenheimer Main stock prices may prove useful in developing a viable investing in Oppenheimer Main
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. The fund primarily invests in common stock but may also invest in other types of securities that are consistent with its investment objective.

Oppenheimer Main Mutual Fund Technical Analysis

Oppenheimer Main technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Oppenheimer Main technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Oppenheimer Main trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Oppenheimer Main Period Price Range

Low
September 6, 2023
High

 18.78 

  

 18.78 

0.000.00%

Oppenheimer Main February 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Oppenheimer Main mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oppenheimer Main shares will generate the highest return on investment. By undertsting and applying Oppenheimer Main mutual fund market strength indicators, traders can identify Oppenheimer Main Street entry and exit signals to maximize returns

Oppenheimer Main Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Oppenheimer stock's direction in advance. Along with the technical and fundamental analysis of Oppenheimer Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oppenheimer to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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.
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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 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.