Oppenheimer Gold Spec Fund Manager Performance Evaluation

OGMNX Fund  USD 27.28  0.03  0.11%   
The fund holds a Beta of 0.1, which implies not very significant fluctuations relative to the market. As returns on the market increase, Oppenheimer Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oppenheimer Gold is expected to be smaller as well.

Risk-Adjusted Performance

3 of 100

 
Weak
 
Strong
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Oppenheimer Gold Spec are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Oppenheimer Gold is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Expense Ratio1.3600
  

Oppenheimer Gold Relative Risk vs. Return Landscape

If you would invest  2,633  in Oppenheimer Gold Spec on September 12, 2024 and sell it today you would earn a total of  95.00  from holding Oppenheimer Gold Spec or generate 3.61% return on investment over 90 days. Oppenheimer Gold Spec is currently producing 0.0699% returns and takes up 1.6626% volatility of returns over 90 trading days. Put another way, 14% of traded mutual funds are less volatile than Oppenheimer, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Oppenheimer Gold is expected to generate 1.72 times less return on investment than the market. In addition to that, the company is 2.26 times more volatile than its market benchmark. It trades about 0.04 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.16 per unit of volatility.

Oppenheimer Gold Current Valuation

Fairly Valued
Today
27.28
Please note that Oppenheimer Gold's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Oppenheimer Gold Spec holds a recent Real Value of $27.34 per share. The prevailing price of the fund is $27.28. We determine the value of Oppenheimer Gold Spec from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Oppenheimer Gold is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Oppenheimer Mutual Fund. However, Oppenheimer Gold's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  27.28 Real  27.34 Hype  27.28 Naive  28.12
The intrinsic value of Oppenheimer Gold's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Oppenheimer Gold's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
27.34
Real Value
29.00
Upside
Estimating the potential upside or downside of Oppenheimer Gold Spec helps investors to forecast how Oppenheimer mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Oppenheimer Gold more accurately as focusing exclusively on Oppenheimer Gold's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
24.7727.4330.10
Details
Hype
Prediction
LowEstimatedHigh
25.6227.2828.94
Details
Naive
Forecast
LowNext ValueHigh
26.4628.1229.78
Details

Oppenheimer Gold Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Oppenheimer Gold's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Oppenheimer Gold Spec, and traders can use it to determine the average amount a Oppenheimer Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.042

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Estimated Market Risk

 1.66
  actual daily
14
86% of assets are more volatile

Expected Return

 0.07
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Oppenheimer Gold is performing at about 3% 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 Gold by adding it to a well-diversified portfolio.

Oppenheimer Gold Fundamentals Growth

Oppenheimer Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Oppenheimer Gold, and Oppenheimer Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Oppenheimer Mutual Fund performance.

About Oppenheimer Gold Performance

Evaluating Oppenheimer Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Oppenheimer Gold has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Oppenheimer Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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. Invesco Oppenheimer is traded on NASDAQ Exchange in the United States.

Things to note about Oppenheimer Gold Spec performance evaluation

Checking the ongoing alerts about Oppenheimer Gold for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Oppenheimer Gold Spec help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund generated-2.0 ten year return of -2.0%
Oppenheimer Gold Spec maintains 98.26% of its assets in stocks
Evaluating Oppenheimer Gold's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Oppenheimer Gold's mutual fund performance include:
  • Analyzing Oppenheimer Gold's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Oppenheimer Gold's stock is overvalued or undervalued compared to its peers.
  • Examining Oppenheimer Gold's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Oppenheimer Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Oppenheimer Gold's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Oppenheimer Gold's mutual fund. These opinions can provide insight into Oppenheimer Gold's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Oppenheimer Gold's mutual fund performance is not an exact science, and many factors can impact Oppenheimer Gold's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

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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