Opnhmr Rchstr Ltd Fund Market Value

LTBYX Fund  USD 2.78  0.01  0.36%   
Opnhmr Rchstr's market value is the price at which a share of Opnhmr Rchstr trades on a public exchange. It measures the collective expectations of Opnhmr Rchstr Ltd investors about its performance. Opnhmr Rchstr is trading at 2.78 as of the 15th of March 2025; that is 0.36% down since the beginning of the trading day. The fund's open price was 2.79.
With this module, you can estimate the performance of a buy and hold strategy of Opnhmr Rchstr Ltd and determine expected loss or profit from investing in Opnhmr Rchstr over a given investment horizon. Check out Opnhmr Rchstr Correlation, Opnhmr Rchstr Volatility and Opnhmr Rchstr Alpha and Beta module to complement your research on Opnhmr Rchstr.
Symbol

Please note, there is a significant difference between Opnhmr Rchstr's value and its price as these two are different measures arrived at by different means. Investors typically determine if Opnhmr Rchstr is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opnhmr Rchstr'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.

Opnhmr Rchstr 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Opnhmr Rchstr's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Opnhmr Rchstr.
0.00
12/15/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/15/2025
0.00
If you would invest  0.00  in Opnhmr Rchstr on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Opnhmr Rchstr Ltd or generate 0.0% return on investment in Opnhmr Rchstr over 90 days. Opnhmr Rchstr is related to or competes with Oppenheimer Main, Oppenheimer Intl, Oppenheimer Main, Oppenheimer Global, Oppenheimer Strat, Oppenheimer Strategic, and Oppenheimer Intl. The fund invests at least 80 percent of its net assets in securities the income from which, in the opinion of counsel to... More

Opnhmr Rchstr Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Opnhmr Rchstr's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Opnhmr Rchstr Ltd upside and downside potential and time the market with a certain degree of confidence.

Opnhmr Rchstr Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Opnhmr Rchstr's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Opnhmr Rchstr's standard deviation. In reality, there are many statistical measures that can use Opnhmr Rchstr historical prices to predict the future Opnhmr Rchstr's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Opnhmr Rchstr's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
2.582.782.98
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Intrinsic
Valuation
LowRealHigh
2.582.782.98
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Opnhmr Rchstr Backtested Returns

At this stage we consider Opnhmr Mutual Fund to be very steady. Opnhmr Rchstr maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the entity had a close to zero % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Opnhmr Rchstr, which you can use to evaluate the volatility of the fund. Please check Opnhmr Rchstr's Variance of 0.0396, coefficient of variation of (1,867), and Risk Adjusted Performance of (0.08) to confirm if the risk estimate we provide is consistent with the expected return of 2.0E-4%. The fund holds a Beta of -0.0273, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Opnhmr Rchstr are expected to decrease at a much lower rate. During the bear market, Opnhmr Rchstr is likely to outperform the market.

Auto-correlation

    
  -0.1  

Very weak reverse predictability

Opnhmr Rchstr Ltd has very weak reverse predictability. Overlapping area represents the amount of predictability between Opnhmr Rchstr time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Opnhmr Rchstr price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Opnhmr Rchstr price fluctuation can be explain by its past prices.
Correlation Coefficient-0.1
Spearman Rank Test0.32
Residual Average0.0
Price Variance0.0

Opnhmr Rchstr lagged returns against current returns

Autocorrelation, which is Opnhmr Rchstr mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Opnhmr Rchstr's mutual fund expected returns. We can calculate the autocorrelation of Opnhmr Rchstr returns to help us make a trade decision. For example, suppose you find that Opnhmr Rchstr has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Opnhmr Rchstr regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Opnhmr Rchstr mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Opnhmr Rchstr mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Opnhmr Rchstr mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Opnhmr Rchstr Lagged Returns

When evaluating Opnhmr Rchstr's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Opnhmr Rchstr mutual fund have on its future price. Opnhmr Rchstr autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Opnhmr Rchstr autocorrelation shows the relationship between Opnhmr Rchstr mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Opnhmr Rchstr Ltd.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Opnhmr Mutual Fund

Opnhmr Rchstr financial ratios help investors to determine whether Opnhmr 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 Opnhmr with respect to the benefits of owning Opnhmr Rchstr security.
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