Oppenheimer Developing Markets Fund Quote
| ODMAX Fund | USD 38.75 0.07 0.18% |
Performance5 of 100
| Odds Of DistressLess than 21
|
Oppenheimer Developing is trading at 38.75 as of the 18th of April 2024; that is -0.18 percent decrease since the beginning of the trading day. The fund's open price was 38.82. Oppenheimer Developing has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Oppenheimer Developing Markets are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
The fund mainly invests in common stocks of issuers in developing and emerging markets throughout the world and at times it may invest up to 100 percent of its total assets in foreign securities. Under normal market conditions, the fund will invest at least 80 percent of its net assets, plus borrowings for investment purposes, in equity securities of issuers whose principal activities are in a developing market, i.e. More on Oppenheimer Developing Markets
Moving together with Oppenheimer Mutual Fund
| 0.93 | OARDX | Oppenheimer Rising | PairCorr |
| 0.89 | AMHYX | Invesco High Yield | PairCorr |
| 0.75 | OSMAX | Oppenheimer International | PairCorr |
Oppenheimer Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Oppenheimer Developing's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Oppenheimer Developing or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Invesco Funds, Large Growth Funds, Diversified Emerging Mkts Funds, Diversified Emerging Mkts, Invesco (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 8th of May 2023 |
| Fiscal Year End | October |
Oppenheimer Developing Markets [ODMAX] is traded in USA and was established 18th of April 2024. Oppenheimer Developing is listed under Invesco category by Fama And French industry classification. The fund is listed under Diversified Emerging Mkts category and is part of Invesco family. This fund now has accumulated 24.77 B in assets with no minimum investment requirementsOppenheimer Developing is currently producing year-to-date (YTD) return of 0.48% with the current yeild of 0.01%, while the total return for the last 3 years was -8.38%.
Check Oppenheimer Developing Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Oppenheimer Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Oppenheimer Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Oppenheimer Developing Markets Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Oppenheimer Developing Markets Mutual Fund Constituents
| NOVKY | Novatek DRC | Stock | Oil & Gas E&P |
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary |
| HTHT | Huazhu Group | Stock | Consumer Discretionary |
| TCTZF | Tencent Holdings | Pink Sheet | Internet Content & Information |
| YNDX | Yandex NV | Stock | Communication Services |
| YUMC | Yum China Holdings | Stock | Consumer Discretionary |
| ZTO | ZTO Express | Stock | Industrials |
Oppenheimer Developing Target Price Odds Analysis
Based on a normal probability distribution, the odds of Oppenheimer Developing jumping above the current price in 90 days from now is about 57.85%. The Oppenheimer Developing Markets probability density function shows the probability of Oppenheimer Developing mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Oppenheimer Developing has a beta of 0.9108. This indicates Oppenheimer Developing Markets market returns are sensitive to returns on the market. As the market goes up or down, Oppenheimer Developing is expected to follow. Additionally, oppenheimer Developing Markets has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Oppenheimer Developing to move above the current price in 90 days from now is about 57.85 (This Oppenheimer Developing Markets probability density function shows the probability of Oppenheimer Mutual Fund to fall within a particular range of prices over 90 days) .
Oppenheimer Developing Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Oppenheimer Developing market risk premium is the additional return an investor will receive from holding Oppenheimer Developing long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Oppenheimer Developing. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Oppenheimer Developing's alpha and beta are two of the key measurements used to evaluate Oppenheimer Developing's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6094 | |||
| Semi Deviation | 0.947 | |||
| Standard Deviation | 0.7997 | |||
| Variance | 0.6395 |
Oppenheimer Developing Against Markets
Picking the right benchmark for Oppenheimer Developing mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Oppenheimer Developing mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Oppenheimer Developing is critical whether you are bullish or bearish towards Oppenheimer Developing Markets at a given time. Please also check how Oppenheimer Developing's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Oppenheimer Developing without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Oppenheimer Mutual Fund?
Before investing in Oppenheimer Developing, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Oppenheimer Developing. To buy Oppenheimer Developing fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Oppenheimer Developing. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Oppenheimer Developing fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Oppenheimer Developing Markets fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Oppenheimer Developing Markets fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Oppenheimer Developing Markets, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Oppenheimer Developing Markets?
The danger of trading Oppenheimer Developing Markets is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Oppenheimer Developing is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Oppenheimer Developing. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Oppenheimer Developing is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oppenheimer Developing Markets. 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 nation. Note that the Oppenheimer Developing information on this page should be used as a complementary analysis to other Oppenheimer Developing'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.