Oppenheimer Russell 1000 Etf Price on May 6, 2024
| OMFL Etf | USD 56.19 0.26 0.46% |
Below is the normalized historical share price chart for Oppenheimer Russell 1000 extending back to November 10, 2017. 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 Russell stands at 56.19, as last reported on the 14th of December 2024, with the highest price reaching 56.50 and the lowest price hitting 56.06 during the day.
If you're considering investing in Oppenheimer Etf, it is important to understand the factors that can impact its price. As of now, Oppenheimer Etf is very steady. Oppenheimer Russell 1000 maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Oppenheimer Russell 1000, which you can use to evaluate the volatility of the etf. Please check Oppenheimer Russell's Semi Deviation of 0.5059, coefficient of variation of 557.29, and Risk Adjusted Performance of 0.1298 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
Oppenheimer Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 18.87 | 200 Day MA 52.7953 | 1 y Volatility 15.51 | 50 Day MA 54.3494 | Inception Date 2017-11-08 |
Oppenheimer |
Sharpe Ratio = 0.1694
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Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Oppenheimer Russell is performing at about 13% 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 Russell by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 423.8 K |
Oppenheimer Russell Valuation on May 6, 2024
It is possible to determine the worth of Oppenheimer Russell on a given historical date. On May 6, 2024 Oppenheimer was worth 52.82 at the beginning of the trading date compared to the closed value of 53.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oppenheimer Russell etf. Still, in general, we apply an absolute valuation method to find Oppenheimer Russell'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 Russell where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oppenheimer Russell's related companies.
| Open | High | Low | Close | Volume | |
| 52.68 | 52.84 | 52.29 | 52.45 | 198,425 | |
05/06/2024 | 52.82 | 53.10 | 52.79 | 53.10 | 297,069 |
| 53.20 | 53.31 | 52.94 | 52.94 | 332,021 |
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Oppenheimer Russell Trading Date Momentum on May 6, 2024
| On May 07 2024 Oppenheimer Russell 1000 was traded for 52.94 at the closing time. The top price for the day was 53.31 and the lowest listed price was 52.94 . The trading volume for the day was 332 K. The trading history from May 7, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.30% . The trading delta at closing time against the current closing price is 2.26% . |
Oppenheimer Russell 1000 Fundamentals Correlations and Trends
By evaluating Oppenheimer Russell'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 Russell'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 Russell Etf history
Oppenheimer Russell 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 Russell 1000 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 Russell stock prices may prove useful in developing a viable investing in Oppenheimer Russell
Oppenheimer Russell Etf Technical Analysis
Oppenheimer Russell technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Oppenheimer Russell Period Price Range
Low | December 14, 2024
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0.00 | 0.00 |
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Oppenheimer Russell December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Oppenheimer Russell etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oppenheimer Russell shares will generate the highest return on investment. By undertsting and applying Oppenheimer Russell etf market strength indicators, traders can identify Oppenheimer Russell 1000 entry and exit signals to maximize returns
Oppenheimer Russell Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oppenheimer Russell's price direction in advance. Along with the technical and fundamental analysis of Oppenheimer Etf 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 | 0.1298 | |||
| Jensen Alpha | 0.0519 | |||
| Total Risk Alpha | 0.0288 | |||
| Sortino Ratio | 0.0364 | |||
| Treynor Ratio | 0.163 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oppenheimer Russell 1000. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of Oppenheimer Russell 1000 is measured differently than its book value, which is the value of Oppenheimer that is recorded on the company's balance sheet. Investors also form their own opinion of Oppenheimer Russell's value that differs from its market value or its book value, called intrinsic value, which is Oppenheimer Russell's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oppenheimer Russell's market value can be influenced by many factors that don't directly affect Oppenheimer Russell's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oppenheimer Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oppenheimer Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oppenheimer Russell'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.