Oppenheimer Discovery C Fund Technical Analysis
Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oppenheimer Discovery, as well as the relationship between them. Put it differently, you can use this information to find out if the fund will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down zero technical drivers for Oppenheimer Discovery, which can be compared to its competitors.
Oppenheimer Discovery Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Oppenheimer, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OppenheimerOppenheimer |
Oppenheimer Discovery 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.
Oppenheimer Discovery Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Oppenheimer Discovery volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Oppenheimer Discovery Trend Analysis
Use this graph to draw trend lines for Oppenheimer Discovery C. You can use it to identify possible trend reversals for Oppenheimer Discovery as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Oppenheimer Discovery price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Oppenheimer Discovery Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Oppenheimer Discovery C applied against its price change over selected period. The best fit line has a slop of 0.12 , which means Oppenheimer Discovery C will continue generating value for investors. It has 122 observation points and a regression sum of squares at 510.0, which is the sum of squared deviations for the predicted Oppenheimer Discovery price change compared to its average price change.About Oppenheimer Discovery Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Oppenheimer Discovery C on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Oppenheimer Discovery C based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Oppenheimer Discovery price pattern first instead of the macroeconomic environment surrounding Oppenheimer Discovery. By analyzing Oppenheimer Discovery's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Oppenheimer Discovery's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Oppenheimer Discovery specific price patterns or momentum indicators. Please read more on our technical analysis page.
Oppenheimer Discovery March 29, 2024 Technical Indicators
Most technical analysis of Oppenheimer help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Oppenheimer from various momentum indicators to cycle indicators. When you analyze Oppenheimer charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
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Volume Indicators |
Risk Adjusted Performance | 0.113 | |||
Market Risk Adjusted Performance | 0.1489 | |||
Mean Deviation | 0.9245 | |||
Semi Deviation | 0.8397 | |||
Downside Deviation | 1.11 | |||
Coefficient Of Variation | 515.6 | |||
Standard Deviation | 1.17 | |||
Variance | 1.37 | |||
Information Ratio | 0.0786 | |||
Jensen Alpha | 0.0219 | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | 0.0827 | |||
Treynor Ratio | 0.1389 | |||
Maximum Drawdown | 4.9 | |||
Value At Risk | (1.74) | |||
Potential Upside | 2.04 | |||
Downside Variance | 1.24 | |||
Semi Variance | 0.7052 | |||
Expected Short fall | (1.06) | |||
Skewness | (0.17) | |||
Kurtosis | (0.02) |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oppenheimer Discovery C. 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 main economic indicators. Note that the Oppenheimer Discovery information on this page should be used as a complementary analysis to other Oppenheimer Discovery's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Oppenheimer Mutual Fund analysis
When running Oppenheimer Discovery's price analysis, check to measure Oppenheimer Discovery'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 Discovery is operating at the current time. Most of Oppenheimer Discovery's value examination focuses on studying past and present price action to predict the probability of Oppenheimer Discovery'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 Discovery's price. Additionally, you may evaluate how the addition of Oppenheimer Discovery to your portfolios can decrease your overall portfolio volatility.
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