Oppenheimer Gold Mutual Fund Forecast - Accumulation Distribution

OGMNX Fund  USD 27.28  0.03  0.11%   
Oppenheimer Mutual Fund Forecast is based on your current time horizon.
  
On November 11, 2024 Oppenheimer Gold Spec had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which Oppenheimer Gold is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Oppenheimer Gold Spec to determine if accumulation or reduction is taking place in the market. This value is adjusted by Oppenheimer Gold trading volume to give more weight to distributions with higher volume over lower volume.
Check Oppenheimer Gold VolatilityBacktest Oppenheimer GoldTrend Details  

Oppenheimer Gold Trading Date Momentum

On November 12 2024 Oppenheimer Gold Spec was traded for  25.63  at the closing time. The highest daily price throughout the period was 25.63  and the lowest price was  25.63 . There was no trading activity during the period 1.0. Lack of trading volume on 11/12/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.77% . The trading delta at closing time to current closing price is 1.37% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare Oppenheimer Gold to competition

Other Forecasting Options for Oppenheimer Gold

For every potential investor in Oppenheimer, whether a beginner or expert, Oppenheimer Gold's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Oppenheimer Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Oppenheimer. Basic forecasting techniques help filter out the noise by identifying Oppenheimer Gold's price trends.

Oppenheimer Gold Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Oppenheimer Gold mutual fund to make a market-neutral strategy. Peer analysis of Oppenheimer Gold could also be used in its relative valuation, which is a method of valuing Oppenheimer Gold by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Oppenheimer Gold Spec Technical and Predictive Analytics

The mutual fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Oppenheimer Gold's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Oppenheimer Gold's current price.

Oppenheimer Gold Market Strength Events

Market strength indicators help investors to evaluate how Oppenheimer Gold 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 Gold shares will generate the highest return on investment. By undertsting and applying Oppenheimer Gold mutual fund market strength indicators, traders can identify Oppenheimer Gold Spec entry and exit signals to maximize returns.

Oppenheimer Gold Risk Indicators

The analysis of Oppenheimer Gold's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Oppenheimer Gold's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting oppenheimer mutual fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.