Oppenheimer Cap Apprec Fund Market Value

OTCNX Fund  USD 76.98  0.48  0.62%   
Oppenheimer Cap's market value is the price at which a share of Oppenheimer Cap trades on a public exchange. It measures the collective expectations of Oppenheimer Cap Apprec investors about its performance. Oppenheimer Cap is trading at 76.98 as of the 11th of December 2024; that is 0.62% down since the beginning of the trading day. The fund's open price was 77.46.
With this module, you can estimate the performance of a buy and hold strategy of Oppenheimer Cap Apprec and determine expected loss or profit from investing in Oppenheimer Cap over a given investment horizon. Check out Oppenheimer Cap Correlation, Oppenheimer Cap Volatility and Oppenheimer Cap Alpha and Beta module to complement your research on Oppenheimer Cap.
Symbol

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

Oppenheimer Cap '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 Cap'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 Cap.
0.00
07/20/2023
No Change 0.00  0.0 
In 1 year 4 months and 25 days
12/11/2024
0.00
If you would invest  0.00  in Oppenheimer Cap on July 20, 2023 and sell it all today you would earn a total of 0.00 from holding Oppenheimer Cap Apprec or generate 0.0% return on investment in Oppenheimer Cap over 510 days. Oppenheimer Cap is related to or competes with American Funds, American Funds, Growth Fund, Growth Fund, Growth Fund, Growth Fund, and Growth Fund. The fund mainly invests in common stocks of growth companies More

Oppenheimer Cap 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 Cap'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 Cap Apprec upside and downside potential and time the market with a certain degree of confidence.

Oppenheimer Cap Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Oppenheimer Cap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oppenheimer Cap's standard deviation. In reality, there are many statistical measures that can use Oppenheimer Cap historical prices to predict the future Oppenheimer Cap's volatility.
Hype
Prediction
LowEstimatedHigh
76.0576.9877.91
Details
Intrinsic
Valuation
LowRealHigh
69.2883.0383.96
Details
Naive
Forecast
LowNextHigh
76.7777.7178.64
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
71.5075.1478.78
Details

Oppenheimer Cap Apprec Backtested Returns

At this stage we consider Oppenheimer Mutual Fund to be very steady. Oppenheimer Cap Apprec maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the entity had a 0.18% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Oppenheimer Cap Apprec, which you can use to evaluate the volatility of the fund. Please check Oppenheimer Cap's Risk Adjusted Performance of 0.1742, coefficient of variation of 420.78, and Semi Deviation of 0.6962 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. The fund holds a Beta of 0.82, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Oppenheimer Cap's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oppenheimer Cap is expected to be smaller as well.

Auto-correlation

    
  0.74  

Good predictability

Oppenheimer Cap Apprec has good predictability. Overlapping area represents the amount of predictability between Oppenheimer Cap time series from 20th of July 2023 to 31st of March 2024 and 31st of March 2024 to 11th of December 2024. 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 Cap Apprec price movement. The serial correlation of 0.74 indicates that around 74.0% of current Oppenheimer Cap price fluctuation can be explain by its past prices.
Correlation Coefficient0.74
Spearman Rank Test0.71
Residual Average0.0
Price Variance16.58

Oppenheimer Cap Apprec lagged returns against current returns

Autocorrelation, which is Oppenheimer Cap 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 Cap's mutual fund expected returns. We can calculate the autocorrelation of Oppenheimer Cap returns to help us make a trade decision. For example, suppose you find that Oppenheimer Cap 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 Cap 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 Cap mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oppenheimer Cap 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 Cap mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Oppenheimer Cap Lagged Returns

When evaluating Oppenheimer Cap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oppenheimer Cap mutual fund have on its future price. Oppenheimer Cap 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 Cap autocorrelation shows the relationship between Oppenheimer Cap mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Oppenheimer Cap Apprec.
   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 Cap 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 Cap security.
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