Invesco Mutual Fund Volatility

OGYNX -  USA Fund  

USD 9.28  0.02  0.22%

Invesco Oppenheimer holds Efficiency (Sharpe) Ratio of -0.0311, which attests that the entity had -0.0311% of return per unit of risk over the last 3 months. Macroaxis standpoint towards determining the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Invesco Oppenheimer exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Invesco Oppenheimer risk adjusted performance of (0.09), and Market Risk Adjusted Performance of (0.38) to validate the risk estimate we provide.

Invesco Volatility 

 
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Invesco Oppenheimer Mutual Fund volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Invesco daily returns, and it is calculated using variance and standard deviation. We also use Invesco's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Invesco Oppenheimer volatility.

30 Days Market Risk

Very steady

Chance of Distress

Very Small

30 Days Economic Sensitivity

Barely shadows the market

Invesco Oppenheimer Market Sensitivity And Downside Risk

Invesco Oppenheimer's beta coefficient measures the volatility of Invesco mutual fund compared to the systematic risk of the entire stock market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Invesco mutual fund's returns against your selected market. In other words, Invesco Oppenheimer's beta of 0.0549 provides an investor with an approximation of how much risk Invesco Oppenheimer mutual fund can potentially add to one of your existing portfolios.
Let's try to break down what Invesco's beta means in this case. As returns on the market increase, Invesco Oppenheimer returns are expected to increase less than the market. However, during the bear market, the loss on holding Invesco Oppenheimer will be expected to be smaller as well.
3 Months Beta |Analyze Invesco Oppenheimer Demand Trend
Check current 90 days Invesco Oppenheimer correlation with market (DOW)

Invesco Beta

    
  0.0549  
Invesco standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.

Standard Deviation

    
  0.16  
It is essential to understand the difference between upside risk (as represented by Invesco Oppenheimer's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Invesco Oppenheimer stock's daily returns or price. Since the actual investment returns on holding a position in Invesco Oppenheimer stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Invesco Oppenheimer.

Invesco Oppenheimer Mutual Fund Volatility Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. The Median Price line plots median indexes of Invesco Oppenheimer price series. View also all equity analysis or get more info about median price price transform indicator.

Invesco Oppenheimer Projected Return Density Against Market

Assuming the 90 days horizon Invesco Oppenheimer has a beta of 0.0549 . This indicates as returns on the market go up, Invesco Oppenheimer average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Invesco Oppenheimer Global will be expected to be much smaller as well.
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Invesco Oppenheimer or Invesco sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Invesco Oppenheimer stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Invesco stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Invesco Oppenheimer is significantly underperforming DOW.
 Predicted Return Density 
      Returns 

Invesco Oppenheimer Mutual Fund Risk Measures

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Invesco Oppenheimer or Invesco sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Invesco Oppenheimer stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Invesco stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Assuming the 90 days horizon the coefficient of variation of Invesco Oppenheimer is -3219.15. The daily returns are distributed with a variance of 0.02 and standard deviation of 0.16. The mean deviation of Invesco Oppenheimer Global is currently at 0.1. For similar time horizon, the selected benchmark (DOW) has volatility of 0.79
α
Alpha over DOW
-0.02
β
Beta against DOW0.05
σ
Overall volatility
0.16
Ir
Information ratio -0.17

Invesco Oppenheimer Mutual Fund Return Volatility

Invesco Oppenheimer historical daily return volatility represents how much Invesco Oppenheimer stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The fund shows 0.1559% volatility of returns over 90 . By contrast, DOW inherits 0.7351% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
      Timeline 

About Invesco Oppenheimer Volatility

Volatility is a rate at which the price of Invesco Oppenheimer or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Invesco Oppenheimer may increase or decrease. In other words, similar to Invesco's beta indicator, it measures the risk of Invesco Oppenheimer and helps estimate the fluctuations that may happen in a short period of time. So if prices of Invesco Oppenheimer fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.
Under normal market conditions, it will invest at least 80 percent of its net assets in high-yield, below-investment grade, and fixed-income securities and in derivatives and other instruments that have economic characteristics similar to such securities. Invesco Oppenheimer is traded on NASDAQ Exchange in the United States.

Invesco Oppenheimer Investment Opportunity

DOW has a standard deviation of returns of 0.74 and is 4.63 times more volatile than Invesco Oppenheimer Global. of all equities and portfolios are less risky than Invesco Oppenheimer. Compared to the overall equity markets, volatility of historical daily returns of Invesco Oppenheimer Global is lower than 1 () of all global equities and portfolios over the last 90 days. Use Invesco Oppenheimer Global to enhance returns of your portfolios. The mutual fund experiences a normal upward fluctuation. Check odds of Invesco Oppenheimer to be traded at $9.74 in 90 days. . Let's try to break down what Invesco's beta means in this case. As returns on the market increase, Invesco Oppenheimer returns are expected to increase less than the market. However, during the bear market, the loss on holding Invesco Oppenheimer will be expected to be smaller as well.

Modest diversification

The correlation between Invesco Oppenheimer Global and DJI is Modest diversification for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Invesco Oppenheimer Global and DJI in the same portfolio assuming nothing else is changed.

Invesco Oppenheimer Additional Risk Indicators

The analysis of Invesco Oppenheimer's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Invesco Oppenheimer's investment and either accepting that risk or mitigating it. Along with some common measures of Invesco Oppenheimer stock risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Risk Adjusted Performance(0.09)
Market Risk Adjusted Performance(0.38)
Mean Deviation0.104
Coefficient Of Variation(1,450)
Standard Deviation0.1632
Variance0.0266
Information Ratio(0.17)
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Invesco Oppenheimer Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
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The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Invesco Oppenheimer as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Invesco Oppenheimer's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Invesco Oppenheimer's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Invesco Oppenheimer Global.
Please check Your Equity Center. Note that the Invesco Oppenheimer information on this page should be used as a complementary analysis to other Invesco Oppenheimer'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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running Invesco Oppenheimer price analysis, check to measure Invesco Oppenheimer'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 Invesco Oppenheimer is operating at the current time. Most of Invesco Oppenheimer's value examination focuses on studying past and present price action to predict the probability of Invesco Oppenheimer's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Invesco Oppenheimer's price. Additionally, you may evaluate how the addition of Invesco Oppenheimer to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Invesco Oppenheimer's value and its price as these two are different measures arrived at by different means. Investors typically determine Invesco Oppenheimer value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Oppenheimer'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.