Oppenheimer Main Street Fund Price on April 15, 2024
| OSCNX Fund | USD 21.15 0.03 0.14% |
Below is the normalized historical share price chart for Oppenheimer Main Street extending back to May 17, 2013. 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 Oppenheimer Main stands at 21.15, as last reported on the 20th of May, with the highest price reaching 21.15 and the lowest price hitting 21.15 during the day.
If you're considering investing in Oppenheimer Mutual Fund, it is important to understand the factors that can impact its price. We consider Oppenheimer Main very steady. Oppenheimer Main Street maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the entity had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Oppenheimer Main Street, which you can use to evaluate the volatility of the fund. Please check Oppenheimer Main's Semi Deviation of 0.8287, risk adjusted performance of 0.0591, and Coefficient Of Variation of 1054.85 to confirm if the risk estimate we provide is consistent with the expected return of 0.0864%.
Oppenheimer Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Oppenheimer |
Sharpe Ratio = 0.1002
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Estimated Market Risk
| 0.86 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Oppenheimer Main is performing at about 7% 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 Oppenheimer Main by adding it to a well-diversified portfolio.
Oppenheimer Main Valuation on April 15, 2024
It is possible to determine the worth of Oppenheimer Main on a given historical date. On April 15, 2024 Oppenheimer was worth 20.2 at the beginning of the trading date compared to the closed value of 20.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oppenheimer Main mutual fund. Still, in general, we apply an absolute valuation method to find Oppenheimer Main's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Oppenheimer Main where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oppenheimer Main's related companies.
| Open | High | Low | Close | Volume | |
| 20.38 | 20.38 | 20.38 | 20.38 | 1.00 | |
04/15/2024 | 20.20 | 20.20 | 20.20 | 20.20 | 1.00 |
| 20.16 | 20.16 | 20.16 | 20.16 | 1.00 |
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Oppenheimer Main Trading Date Momentum on April 15, 2024
| On April 16 2024 Oppenheimer Main Street was traded for 20.16 at the closing time. The highest daily price throughout the period was 20.16 and the lowest price was 20.16 . There was no trading activity during the period 1.0. Lack of trading volume on 04/16/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.20% . The trading delta at closing time to current closing price is 0.84% . |
Oppenheimer Main Street Fundamentals Correlations and Trends
By evaluating Oppenheimer Main's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Oppenheimer Main's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Oppenheimer financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Oppenheimer Main Mutual Fund history
Oppenheimer Main 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 Oppenheimer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oppenheimer Main Street 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 Oppenheimer Main stock prices may prove useful in developing a viable investing in Oppenheimer Main
The fund normally invests at least 80 percent of its net assets, including any borrowings for investment purposes, in securities of small-cap companies. The funds manager considers small-cap companies to be those having a market capitalization in the range of market capitalizations of the largest and smallest capitalized companies included in the Russell 2000 Index. The fund primarily invests in common stock but may also invest in other types of securities that are consistent with its investment objective.
Oppenheimer Main Mutual Fund Technical Analysis
Oppenheimer Main 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.
Price Boundaries
Oppenheimer Main Period Price Range
Low | April 15, 2024
| High |
20.20 | 20.20 |
Oppenheimer Main May 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Oppenheimer Main mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oppenheimer Main shares will generate the highest return on investment. By undertsting and applying Oppenheimer Main mutual fund market strength indicators, traders can identify Oppenheimer Main Street entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 20.2 | |||
| Day Typical Price | 20.2 | |||
| Period Momentum Indicator | 0.95 | |||
| Relative Strength Index | 57.29 |
Oppenheimer Main Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oppenheimer Main's price direction in advance. Along with the technical and fundamental analysis of Oppenheimer Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oppenheimer 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.
| Risk Adjusted Performance | 0.0591 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0546 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oppenheimer Main Street. 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 Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.