Oppenheimer Steelpath Financials

MLPOX Fund  USD 9.42  0.10  1.05%   
You can use Oppenheimer Steelpath Mlp fundamental data analysis to find out if markets are presently mispricing the entity. We were able to break down and interpolate data for sixteen available financial ratios for Oppenheimer Steelpath Mlp, which can be compared to its competitors. The fund experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Oppenheimer Steelpath to be traded at $9.14 in 90 days.
  
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.

Oppenheimer Steelpath Fund Summary

Oppenheimer Steelpath competes with Oppenheimer Main, Oppenheimer Intl, Oppenheimer Main, Oppenheimer Global, and Oppenheimer Strat. The fund invests at least 80 percent of its net assets in MLP investments of issuers that are engaged in the transportation, storage, processing, refining, marketing, exploration, production, and mining of minerals and natural resources and in derivatives and other instruments that have economic characteristics similar to such securities. The fund is non-diversified.
Specialization
Energy Limited Partnership, Large
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
ISINUS8582685017
Business AddressSteelPath MLP Funds
Mutual Fund FamilyOppenheimerFunds
Mutual Fund CategoryEnergy Limited Partnership
BenchmarkDow Jones Industrial
Phone800 959 4246
CurrencyUSD - US Dollar

Oppenheimer Steelpath Key Financial Ratios

Oppenheimer Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Oppenheimer Steelpath's current stock value. Our valuation model uses many indicators to compare Oppenheimer Steelpath value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Oppenheimer Steelpath competition to find correlations between indicators driving Oppenheimer Steelpath's intrinsic value. More Info.
Oppenheimer Steelpath Mlp is regarded second largest fund in price to earning among similar funds. It also is regarded second largest fund in price to book among similar funds fabricating about  0.07  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Oppenheimer Steelpath Mlp is roughly  14.36 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Oppenheimer Steelpath's earnings, one of the primary drivers of an investment's value.

Oppenheimer Steelpath Mlp Systematic Risk

Oppenheimer Steelpath's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Oppenheimer Steelpath volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Oppenheimer Steelpath Mlp correlated with the market. If Beta is less than 0 Oppenheimer Steelpath generally moves in the opposite direction as compared to the market. If Oppenheimer Steelpath Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Oppenheimer Steelpath Mlp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Oppenheimer Steelpath is generally in the same direction as the market. If Beta > 1 Oppenheimer Steelpath moves generally in the same direction as, but more than the movement of the benchmark.
Oppenheimer Steelpath Mlp is regarded second largest fund in net asset among similar funds. Total Asset Under Management (AUM) of Energy Limited Partnership category is currently estimated at about 49.84 Billion. Oppenheimer Steelpath holds roughly 2.44 Billion in net asset claiming about 5% of all funds under Energy Limited Partnership category.

Oppenheimer Steelpath December 4, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Oppenheimer Steelpath help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Oppenheimer Steelpath Mlp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Oppenheimer Steelpath Mlp based on widely used predictive technical indicators. In general, we focus on analyzing Oppenheimer Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Oppenheimer Steelpath's daily price indicators and compare them against related drivers.

Other Information on Investing in Oppenheimer Mutual Fund

Oppenheimer Steelpath financial ratios help investors to determine whether Oppenheimer Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Oppenheimer with respect to the benefits of owning Oppenheimer Steelpath security.
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