Invesco Oppenheimer Probability of Target Price Finishing Over Current Price

OSDIX -- USA Fund  

USD 5.06  0.00  0.00%

Invesco Oppenheimer probability of target price tool provides mechanism to make assumptions about upside and downside potential of Invesco Oppenheimer Ultra Short performance during a given time horizon utilizing its historical volatility. Please specify Invesco Oppenheimer time horizon, a valid symbol (red box) and a target price (blue box) you would like Invesco Oppenheimer odds to be computed. Additionally take a look at Invesco Oppenheimer Backtesting, Portfolio Optimization, Invesco Oppenheimer Correlation, Invesco Oppenheimer Hype Analysis, Invesco Oppenheimer Volatility, Invesco Oppenheimer History as well as Invesco Oppenheimer Performance.
Horizon     30 Days    Login   to change
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Invesco Oppenheimer Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 5.06 30 days 5.06 
about 50.0
Based on normal probability distribution, the odds of Invesco Oppenheimer to move above current price in 30 days from now is about 50.0 (This Invesco Oppenheimer Ultra Short probability density function shows the probability of Invesco Oppenheimer Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Invesco Oppenheimer Ultra Short has beta of -0.0064 . This implies 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 Ultra Short 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.
 Invesco Oppenheimer Price Density 
      Price 
α
Alpha over DOW
=0.0068
β
Beta against DOW=0.0064
σ
Overall volatility
=0.00296
Ir
Information ratio =4

Invesco Oppenheimer Alerts and Suggestions

The fund maintains about 75.49% of its assets in cash

Invesco OppenheimerPrice Density Drivers

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