Oppenheimer Russell 2000 Etf Fundamentals
| OMFS Etf | USD 42.17 0.42 0.99% |
Oppenheimer Russell 2000 fundamentals help investors to digest information that contributes to Oppenheimer Russell's financial success or failures. It also enables traders to predict the movement of Oppenheimer Etf. The fundamental analysis module provides a way to measure Oppenheimer Russell's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Oppenheimer Russell etf.
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Oppenheimer Russell 2000 ETF Beta Analysis
Oppenheimer Russell's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Oppenheimer Russell Beta | 1.04 |
Most of Oppenheimer Russell's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Oppenheimer Russell 2000 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Oppenheimer Russell 2000 has a Beta of 1.04. This is much higher than that of the Invesco family and significantly higher than that of the Small Blend category. The beta for all United States etfs is notably lower than that of the firm.
Oppenheimer Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Oppenheimer Russell's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Oppenheimer Russell could also be used in its relative valuation, which is a method of valuing Oppenheimer Russell by comparing valuation metrics of similar companies.Oppenheimer Russell is currently under evaluation in beta as compared to similar ETFs.
Fund Asset Allocation for Oppenheimer Russell
The fund invests 99.95% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Oppenheimer Russell's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Oppenheimer Russell returns are very sensitive to returns on the market. As the market goes up or down, Oppenheimer Russell is expected to follow.
Oppenheimer Fundamentals
| Number Of Employees | 589 | |||
| Beta | 1.04 | |||
| Total Asset | 157.01 M | |||
| One Year Return | 14.80 % | |||
| Three Year Return | 3.00 % | |||
| Five Year Return | 9.60 % | |||
| Net Asset | 157.01 M | |||
| Last Dividend Paid | 0.097 | |||
| Equity Positions Weight | 99.95 % |
About Oppenheimer Russell Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Oppenheimer Russell 2000's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Oppenheimer Russell using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Oppenheimer Russell 2000 based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund generally will invest at least 80 percent of its total assets in the securities that comprise the underlying index. Oppenheimer Russell is traded on BATS Exchange in the United States.
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Check out Oppenheimer Russell Piotroski F Score and Oppenheimer Russell Altman Z Score analysis. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of Oppenheimer Russell 2000 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.