Oppenheimer Rochester Financials
| RMUNX Fund | USD 15.08 0.02 0.13% |
Oppenheimer |
Please note that past performance is not an indicator of the future performance of Oppenheimer Rochester, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Oppenheimer Rochester Fund Summary
Oppenheimer Rochester competes with Invesco Municipal, Invesco Municipal, Invesco Municipal, Oppenheimer Rising, and Invesco High. The fund invests at least 80 percent of its net assets in securities the income from which, in the opinion of counsel to the issuer of each security, is exempt from regular federal individual and, as applicable, the funds state income tax. It invests mainly in New York municipal securities that pay interest that, in the opinion of counsel to the issuer of each security, is exempt from federal and New York personal income taxes. The fund can invest up to 25 percent of its total assets in below-investment-grade securities .Specialization | Muni New York Long, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US7713621008 |
| Business Address | Rochester Fund Municipals |
| Mutual Fund Family | Invesco |
| Mutual Fund Category | Muni New York Long |
| Benchmark | NYSE Composite |
| Phone | 800 225 5677 |
| Currency | USD - US Dollar |
You should never invest in Oppenheimer Rochester without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Oppenheimer Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Oppenheimer Rochester's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Oppenheimer Rochester Key Financial Ratios
Generally speaking, Oppenheimer Rochester's financial ratios allow both analysts and investors to convert raw data from Oppenheimer Rochester's financial statements into concise, actionable information that can be used to evaluate the performance of Oppenheimer Rochester over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Oppenheimer Rochester reports annually and quarterly.Oppenheimer Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Oppenheimer Rochester's current stock value. Our valuation model uses many indicators to compare Oppenheimer Rochester value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Oppenheimer Rochester competition to find correlations between indicators driving Oppenheimer Rochester's intrinsic value. More Info.Oppenheimer Rochester is rated top fund in price to earning among similar funds. It is rated top fund in annual yield among similar funds . The ratio of Price To Earning to Annual Yield for Oppenheimer Rochester is about 34,773 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Oppenheimer Rochester by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Oppenheimer Rochester's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Oppenheimer Rochester's earnings, one of the primary drivers of an investment's value.Oppenheimer Rochester Systematic Risk
Oppenheimer Rochester's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Oppenheimer Rochester volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
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 Beta measures systematic risk based on how returns on Oppenheimer Rochester correlated with the market. If Beta is less than 0 Oppenheimer Rochester generally moves in the opposite direction as compared to the market. If Oppenheimer Rochester Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Oppenheimer Rochester is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Oppenheimer Rochester is generally in the same direction as the market. If Beta > 1 Oppenheimer Rochester moves generally in the same direction as, but more than the movement of the benchmark.
Oppenheimer Rochester April 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Oppenheimer Rochester help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Oppenheimer Rochester. We use our internally-developed statistical techniques to arrive at the intrinsic value of Oppenheimer Rochester based on widely used predictive technical indicators. In general, we focus on analyzing Oppenheimer Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Oppenheimer Rochester's daily price indicators and compare them against related drivers.
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 2.03 | |||
| Value At Risk | (0.53) | |||
| Potential Upside | 0.3976 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oppenheimer Rochester. 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.