Oppenheimer Gold Financials
| OGMCX Fund | USD 24.98 0.27 1.09% |
Oppenheimer |
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 Gold Fund Summary
Oppenheimer Gold competes with Alternative Asset, T Rowe, Victory Strategic, Federated Kaufmann, and Morningstar Unconstrained. The fund invests mainly in common stocks of companies that are involved in mining, processing or dealing in gold or other metals or minerals, gold bullion, other physical metals, and precious metals-related ETFs and may invest all of its assets in those securities. Under normal market conditions, at least 80 percent of the funds net assets, plus any borrowings, for investment purposes will be invested in those securities, and in derivatives and other instruments that have economic characteristics similar to such securities. The fund is non-diversified.Specialization | Equity Precious Metals, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US6839103016 |
| Business Address | Aim Sector Funds |
| Mutual Fund Family | Invesco |
| Mutual Fund Category | Equity Precious Metals |
| Benchmark | Dow Jones Industrial |
| Phone | 800 959 4246 |
| Currency | USD - US Dollar |
Oppenheimer Gold Key Financial Ratios
Oppenheimer Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Oppenheimer Gold's current stock value. Our valuation model uses many indicators to compare Oppenheimer Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Oppenheimer Gold competition to find correlations between indicators driving Oppenheimer Gold's intrinsic value. More Info.Oppenheimer Gold Special is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Oppenheimer Gold Special is roughly 12.27 . 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 Gold's earnings, one of the primary drivers of an investment's value.Oppenheimer Gold Special Systematic Risk
Oppenheimer Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Oppenheimer Gold 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Oppenheimer Gold Special correlated with the market. If Beta is less than 0 Oppenheimer Gold generally moves in the opposite direction as compared to the market. If Oppenheimer Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Oppenheimer Gold Special is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Oppenheimer Gold is generally in the same direction as the market. If Beta > 1 Oppenheimer Gold moves generally in the same direction as, but more than the movement of the benchmark.
Oppenheimer Gold Thematic Clasifications
Oppenheimer Gold Special is part of Precious Metals Funds investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Funds investing in various precious metals. Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals
This theme covers Funds investing in various precious metals. Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals. Get More Thematic Ideas
Oppenheimer Gold Special is number one fund in net asset among similar funds. Total Asset Under Management (AUM) of Equity Precious Metals category is currently estimated at about 7.2 Billion. Oppenheimer Gold totals roughly 1.9 Billion in net asset claiming about 26% of all funds under Equity Precious Metals category.| Precious Metals Funds | View |
Oppenheimer Gold November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Oppenheimer Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Oppenheimer Gold Special. We use our internally-developed statistical techniques to arrive at the intrinsic value of Oppenheimer Gold Special 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 Gold's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.79 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 8.66 | |||
| Value At Risk | (2.79) | |||
| Potential Upside | 2.67 |
Other Information on Investing in Oppenheimer Mutual Fund
Oppenheimer Gold 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 Gold security.
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