Macroaxis considers Invesco Oppenheimer to be not too volatile. Invesco Oppenheimer holds Efficiency (Sharpe) Ratio of -0.0937 which attests that the entity had -0.0937% 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 2.18 and Risk Adjusted Performance of
(0.08) to validate risk estimate we provide.
90 Days Market Risk
Not too volatile
Chance of Distress in 24 months
90 Days Economic Sensitivity
Moves indifferently to market moves
|Horizon||30 Days Login to change|
Invesco Oppenheimer Market Sensitivity
|As returns on market increase, returns on owning Invesco Oppenheimer are expected to decrease at a much smaller rate. During bear market, Invesco Oppenheimer is likely to outperform the market. 3 Months Beta |Analyze Invesco Oppenheimer Demand TrendCheck current 30 days Invesco Oppenheimer correlation with market (DOW)|
β = -0.0183
Invesco Oppenheimer Central Daily Price Deviation
Invesco Oppenheimer Technical Analysis
Invesco Oppenheimer Projected Return Density Against MarketAssuming 30 trading days horizon, Invesco Oppenheimer Emerging Ma has beta of -0.0183 suggesting as returns on benchmark increase, returns on holding Invesco Oppenheimer are expected to decrease at a much smaller rate. During bear market, however, Invesco Oppenheimer Emerging Ma is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Invesco Oppenheimer is significantly underperforming DOW.
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of Invesco Oppenheimer is -1067.4. The daily returns are destributed with a variance of 0.17 and standard deviation of 0.41. The mean deviation of Invesco Oppenheimer Emerging Ma is currently at 0.3. For similar time horizon, the selected benchmark (DOW) has volatility of 0.97
|Alpha over DOW||=||0.04|
|Beta against DOW||=||0.02|
Invesco Oppenheimer Return Volatilitythe fund shows 0.415% volatility of returns over 30 trading days. the entity inherits 0.9858% risk (volatility on return distribution) over the 30 days horizon.
Invesco Oppenheimer Investment Opportunity
DOW has a standard deviation of returns of 0.99 and is 2.36 times more volatile than Invesco Oppenheimer Emerging Ma. 3 of all equities and portfolios are less risky than Invesco Oppenheimer. Compared to the overall equity markets, volatility of historical daily returns of Invesco Oppenheimer Emerging Ma is lower than 3 () of all global equities and portfolios over the last 30 days. Use Invesco Oppenheimer Emerging Ma to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of Invesco Oppenheimer to be traded at $7.22 in 30 days. . As returns on market increase, returns on owning Invesco Oppenheimer are expected to decrease at a much smaller rate. During bear market, Invesco Oppenheimer is likely to outperform the market.
Invesco Oppenheimer correlation with market
Invesco Oppenheimer Current Risk Indicators
|Risk Adjusted Performance||(0.08)|
|Market Risk Adjusted Performance||2.18|
|Coefficient Of Variation||(1,411)|
Invesco Oppenheimer Suggested Diversification Pairs