Oil Equipment Services Fund Price History

OEPIX Fund  USD 110.10  0.11  0.10%   
Below is the normalized historical share price chart for Oil Equipment Services extending back to June 05, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Oil Equipment stands at 110.10, as last reported on the 18th of April 2024, with the highest price reaching 110.10 and the lowest price hitting 110.10 during the day.
 
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If you're considering investing in Oil Mutual Fund, it is important to understand the factors that can impact its price. Oil Equipment appears to be very steady, given 3 months investment horizon. Oil Equipment Services maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Oil Equipment Services, which you can use to evaluate the volatility of the fund. Please evaluate Oil Equipment's Coefficient Of Variation of 788.72, risk adjusted performance of 0.0871, and Semi Deviation of 1.81 to confirm if our risk estimates are consistent with your expectations.
  
Oil Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1398

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Estimated Market Risk

 2.18
  actual daily
19
81% of assets are more volatile

Expected Return

 0.3
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
10
90% of assets perform better
Based on monthly moving average Oil Equipment is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Oil Equipment by adding it to a well-diversified portfolio.

Oil Equipment Mutual Fund Price History Chart

There are several ways to analyze Oil Equipment Services Fund price data. The simplest method is using a basic Oil candlestick price chart, which shows Oil Equipment price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceApril 5, 2024125.96
Lowest PriceFebruary 5, 202489.91

Oil Equipment April 18, 2024 Mutual Fund Price Synopsis

Various analyses of Oil Equipment's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Oil Mutual Fund. It can be used to describe the percentage change in the price of Oil Equipment from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Oil Mutual Fund.
Oil Equipment Price Action Indicator 0.05 
Oil Equipment Price Rate Of Daily Change 1.00 

Oil Equipment April 18, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Oil Equipment Services Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Oil Equipment intraday prices and daily technical indicators to check the level of noise trading in Oil Equipment Services Fund and then apply it to test your longer-term investment strategies against Oil.

Oil Mutual Fund Price History Data

The price series of Oil Equipment for the period between Fri, Jan 19, 2024 and Thu, Apr 18, 2024 has a statistical range of 36.29 with a coefficient of variation of 10.14. The daily prices for the period are spread out with arithmetic mean of 104.85. The median price for the last 90 days is 101.41. The company underwent 1-10 stock split on 18th of November 2019. Oil Equipment Services issued dividends to stockholders on December 28, 2018.
OpenHighLowCloseVolume
04/18/2024 110.10  110.10  110.10  110.10  1.00 
04/17/2024 109.99  109.99  109.99  109.99  1.00 
04/16/2024 112.58  112.58  112.58  112.58  1.00 
04/15/2024 115.18  115.18  115.18  115.18  1.00 
04/12/2024 118.28  118.28  118.28  118.28  1.00 
04/11/2024 122.23  122.23  122.23  122.23  1.00 
04/10/2024 123.98  123.98  123.98  123.98  1.00 
04/09/2024 122.84  122.84  122.84  122.84  1.00 
04/08/2024 124.03  124.03  124.03  124.03  1.00 
04/05/2024 125.96  125.96  125.96  125.96  1.00 
04/04/2024 123.28  123.28  123.28  123.28  1.00 
04/03/2024 125.51  125.51  125.51  125.51  1.00 
04/02/2024 121.67  121.67  121.67  121.67  1.00 
04/01/2024 117.93  117.93  117.93  117.93  1.00 
03/28/2024 117.40  117.40  117.40  117.40  1.00 
03/27/2024 116.44  116.44  116.44  116.44  1.00 
03/26/2024 113.96  113.96  113.96  113.96  1.00 
03/25/2024 116.11  116.11  116.11  116.11  1.00 
03/22/2024 114.49  114.49  114.49  114.49  1.00 
03/21/2024 115.92  115.92  115.92  115.92  1.00 
03/20/2024 114.42  114.42  114.42  114.42  1.00 
03/19/2024 114.22  114.22  114.22  114.22  1.00 
03/18/2024 110.31  110.31  110.31  110.31  1.00 
03/15/2024 109.05  109.05  109.05  109.05  1.00 
03/14/2024 109.05  109.05  109.05  109.05  1.00 
03/13/2024 107.73  107.73  107.73  107.73  1.00 
03/12/2024 105.16  105.16  105.16  105.16  1.00 
03/11/2024 105.31  105.31  105.31  105.31  1.00 
03/08/2024 103.33  103.33  103.33  103.33  1.00 
03/07/2024 103.85  103.85  103.85  103.85  1.00 
03/06/2024 100.51  100.51  100.51  100.51  1.00 
03/05/2024 100.46  100.46  100.46  100.46  1.00 
03/04/2024 100.45  100.45  100.45  100.45  1.00 
03/01/2024 102.46  102.46  102.46  102.46  1.00 
02/29/2024 97.11  97.11  97.11  97.11  1.00 
02/28/2024 97.68  97.68  97.68  97.68  1.00 
02/27/2024 99.65  99.65  99.65  99.65  1.00 
02/26/2024 99.40  99.40  99.40  99.40  1.00 
02/23/2024 99.69  99.69  99.69  99.69  1.00 
02/22/2024 101.41  101.41  101.41  101.41  1.00 
02/21/2024 99.67  99.67  99.67  99.67  1.00 
02/20/2024 97.83  97.83  97.83  97.83  1.00 
02/16/2024 99.36  99.36  99.36  99.36  1.00 
02/15/2024 99.33  99.33  99.33  99.33  1.00 
02/14/2024 93.84  93.84  93.84  93.84  1.00 
02/13/2024 93.18  93.18  93.18  93.18  1.00 
02/12/2024 96.20  96.20  96.20  96.20  1.00 
02/09/2024 94.21  94.21  94.21  94.21  1.00 
02/08/2024 94.87  94.87  94.87  94.87  1.00 
02/07/2024 92.54  92.54  92.54  92.54  1.00 
02/06/2024 92.73  92.73  92.73  92.73  1.00 
02/05/2024 89.91  89.91  89.91  89.91  1.00 
02/02/2024 91.66  91.66  91.66  91.66  1.00 
02/01/2024 96.17  96.17  96.17  96.17  1.00 
01/31/2024 96.81  96.81  96.81  96.81  1.00 
01/30/2024 101.01  101.01  101.01  101.01  1.00 
01/29/2024 102.54  102.54  102.54  102.54  1.00 
01/26/2024 102.18  102.18  102.18  102.18  1.00 
01/25/2024 100.89  100.89  100.89  100.89  1.00 
01/24/2024 98.91  98.91  98.91  98.91  1.00 
01/23/2024 95.48  95.48  95.48  95.48  1.00 

About Oil Equipment Mutual Fund history

Oil Equipment investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Oil is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oil Equipment Services will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Oil Equipment stock prices may prove useful in developing a viable investing in Oil Equipment
The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is constructed and maintained by SP Dow Jones Indices LLC. The index represents the oil gas equipment services segment of the SP Total Market Index, which comprises the following sub-industries oil gas drilling and oil gas equipment services. It is non-diversified.

Oil Equipment Mutual Fund Technical Analysis

Oil Equipment 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.
A focus of Oil Equipment technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Oil Equipment trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Oil Equipment Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Oil Equipment's price direction in advance. Along with the technical and fundamental analysis of Oil Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oil to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oil Equipment Services. 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 gross domestic product.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Please note, there is a significant difference between Oil Equipment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oil Equipment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oil Equipment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.