Oppenheimer Aggrssv Invstr Fund Market Value
| OCAIX Fund | USD 13.30 0.23 1.76% |
| Symbol | Oppenheimer |
Oppenheimer Aggrssv '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 Oppenheimer Aggrssv'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 Oppenheimer Aggrssv.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Oppenheimer Aggrssv on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Oppenheimer Aggrssv Invstr or generate 0.0% return on investment in Oppenheimer Aggrssv over 90 days. Oppenheimer Aggrssv is related to or competes with T Rowe, Ab Bond, Intermediate-term, Siit Ultra, Scout E, and Morningstar Defensive. The fund is a fund of funds, and invests its assets in other underlying mutual funds advised by the Adviser and exchange... More
Oppenheimer Aggrssv 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 Oppenheimer Aggrssv'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 Oppenheimer Aggrssv Invstr upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 4.6 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 1.09 |
Oppenheimer Aggrssv Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oppenheimer Aggrssv's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oppenheimer Aggrssv's standard deviation. In reality, there are many statistical measures that can use Oppenheimer Aggrssv historical prices to predict the future Oppenheimer Aggrssv's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.26) |
Oppenheimer Aggrssv Backtested Returns
Oppenheimer Aggrssv maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the entity had a -0.13 % return per unit of risk over the last 3 months. Oppenheimer Aggrssv exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oppenheimer Aggrssv's Variance of 0.9372, coefficient of variation of (678.21), and Risk Adjusted Performance of (0.13) to confirm the risk estimate we provide. The fund holds a Beta of 0.58, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Oppenheimer Aggrssv's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oppenheimer Aggrssv is expected to be smaller as well.
Auto-correlation | -0.51 |
Good reverse predictability
Oppenheimer Aggrssv Invstr has good reverse predictability. Overlapping area represents the amount of predictability between Oppenheimer Aggrssv time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Oppenheimer Aggrssv price movement. The serial correlation of -0.51 indicates that about 51.0% of current Oppenheimer Aggrssv price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Oppenheimer Aggrssv lagged returns against current returns
Autocorrelation, which is Oppenheimer Aggrssv 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 Oppenheimer Aggrssv's mutual fund expected returns. We can calculate the autocorrelation of Oppenheimer Aggrssv returns to help us make a trade decision. For example, suppose you find that Oppenheimer Aggrssv 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 |
Oppenheimer Aggrssv 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 Oppenheimer Aggrssv mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oppenheimer Aggrssv mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oppenheimer Aggrssv mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Oppenheimer Aggrssv Lagged Returns
When evaluating Oppenheimer Aggrssv's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oppenheimer Aggrssv mutual fund have on its future price. Oppenheimer Aggrssv 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, Oppenheimer Aggrssv autocorrelation shows the relationship between Oppenheimer Aggrssv mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Oppenheimer Aggrssv Invstr.
Regressed Prices |
| Timeline |
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 Aggrssv 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 Aggrssv security.
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