Oppenheimer Developing Markets Fund Quote

ODVCX Fund  USD 36.07  0.14  0.39%   

Performance

3 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Less than 44

 
100  
 
Zero
Below Average
Oppenheimer Developing is trading at 36.07 as of the 28th of March 2024; that is 0.39 percent increase since the beginning of the trading day. The fund's open price was 35.93. Oppenheimer Developing has about a 44 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Oppenheimer Developing Markets are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
The fund mainly invests in common stocks of issuers in developing and emerging markets throughout the world and at times it may invest up to 100 percent of its total assets in foreign securities. Under normal market conditions, the fund will invest at least 80 percent of its net assets, plus borrowings for investment purposes, in equity securities of issuers whose principal activities are in a developing market, i.e. More on Oppenheimer Developing Markets

Moving together with Oppenheimer Mutual Fund

  0.66VMICX Invesco Municipal IncomePairCorr
  0.68VMINX Invesco Municipal IncomePairCorr
  0.68VMIIX Invesco Municipal IncomePairCorr
  0.81GLALX Aim Investment SecuritiesPairCorr
  0.66OARDX Oppenheimer RisingPairCorr
  0.67AMHYX Invesco High YieldPairCorr

Oppenheimer Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Oppenheimer Developing's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Oppenheimer Developing or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationInvesco Funds, Large Growth Funds, Diversified Emerging Mkts Funds, Diversified Emerging Mkts, Invesco (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date8th of May 2023
Fiscal Year EndOctober
Oppenheimer Developing Markets [ODVCX] is traded in USA and was established 28th of March 2024. Oppenheimer Developing is listed under Invesco category by Fama And French industry classification. The fund is listed under Diversified Emerging Mkts category and is part of Invesco family. This fund now has accumulated 24.77 B in assets with no minimum investment requirementsOppenheimer Developing is currently producing year-to-date (YTD) return of 1.41% with the current yeild of 0.0%, while the total return for the last 3 years was -8.8%.
Check Oppenheimer Developing Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Oppenheimer Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Oppenheimer Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Oppenheimer Developing Markets Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Oppenheimer Developing Markets Mutual Fund Constituents

NOVKYNovatek DRCStockOil & Gas E&P
BABAAlibaba Group HoldingStockConsumer Discretionary
HTHTHuazhu GroupStockConsumer Discretionary
TCTZFTencent HoldingsPink SheetInternet Content & Information
YNDXYandex NVStockCommunication Services
YUMCYum China HoldingsStockConsumer Discretionary
ZTOZTO ExpressStockIndustrials
More Details

Oppenheimer Developing Target Price Odds Analysis

Based on a normal probability distribution, the odds of Oppenheimer Developing jumping above the current price in 90 days from now is nearly 4.03%. The Oppenheimer Developing Markets probability density function shows the probability of Oppenheimer Developing mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Oppenheimer Developing has a beta of 0.0951. This indicates as returns on the market go up, Oppenheimer Developing average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Oppenheimer Developing Markets will be expected to be much smaller as well. Additionally, oppenheimer Developing Markets has an alpha of 0.0414, implying that it can generate a 0.0414 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 36.07HorizonTargetOdds Above 36.07
95.85%90 days
 36.07 
4.03%
Based on a normal probability distribution, the odds of Oppenheimer Developing to move above the current price in 90 days from now is nearly 4.03 (This Oppenheimer Developing Markets probability density function shows the probability of Oppenheimer Mutual Fund to fall within a particular range of prices over 90 days) .

Oppenheimer Developing Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Oppenheimer Developing market risk premium is the additional return an investor will receive from holding Oppenheimer Developing long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Oppenheimer Developing. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Oppenheimer Developing's alpha and beta are two of the key measurements used to evaluate Oppenheimer Developing's performance over the market, the standard measures of volatility play an important role as well.

Oppenheimer Developing Against Markets

Picking the right benchmark for Oppenheimer Developing mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Oppenheimer Developing mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Oppenheimer Developing is critical whether you are bullish or bearish towards Oppenheimer Developing Markets at a given time. Please also check how Oppenheimer Developing's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Oppenheimer Developing without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Oppenheimer Mutual Fund?

Before investing in Oppenheimer Developing, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Oppenheimer Developing. To buy Oppenheimer Developing fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Oppenheimer Developing. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Oppenheimer Developing fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Oppenheimer Developing Markets fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Oppenheimer Developing Markets fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Oppenheimer Developing Markets, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Oppenheimer Developing Markets?

The danger of trading Oppenheimer Developing Markets is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Oppenheimer Developing is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Oppenheimer Developing. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Oppenheimer Developing is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oppenheimer Developing Markets. 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 main economic indicators.
Note that the Oppenheimer Developing information on this page should be used as a complementary analysis to other Oppenheimer Developing'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 the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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