Oppenheimer Flexible Strategies Fund Market Value
| QOPNX Fund | USD 23.64 0.06 0.25% |
| Symbol | Oppenheimer |
Oppenheimer Flexible '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 Flexible'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 Flexible.
| 12/10/2024 |
| 01/09/2025 |
If you would invest 0.00 in Oppenheimer Flexible on December 10, 2024 and sell it all today you would earn a total of 0.00 from holding Oppenheimer Flexible Strategies or generate 0.0% return on investment in Oppenheimer Flexible over 30 days. Oppenheimer Flexible is related to or competes with Oppenheimer Main, Oppenheimer Intl, Oppenheimer Main, Oppenheimer Global, Oppenheimer Strat, Oppenheimer Strategic, and Oppenheimer Intl. The funds Adviser exercises a flexible strategy in selecting its investments More
Oppenheimer Flexible 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 Flexible'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 Flexible Strategies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 1.43 | |||
| Value At Risk | (0.33) | |||
| Potential Upside | 0.296 |
Oppenheimer Flexible Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oppenheimer Flexible's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oppenheimer Flexible's standard deviation. In reality, there are many statistical measures that can use Oppenheimer Flexible historical prices to predict the future Oppenheimer Flexible's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.17) |
Oppenheimer Flexible Backtested Returns
Oppenheimer Flexible maintains Sharpe Ratio (i.e., Efficiency) of -0.0272, which implies the entity had a -0.0272% return per unit of risk over the last 3 months. Oppenheimer Flexible exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oppenheimer Flexible's Variance of 0.0474, risk adjusted performance of (0.04), and Coefficient Of Variation of (9,349) to confirm the risk estimate we provide. The fund holds a Beta of 0.0724, which implies not very significant fluctuations relative to the market. As returns on the market increase, Oppenheimer Flexible's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oppenheimer Flexible is expected to be smaller as well.
Auto-correlation | -0.62 |
Very good reverse predictability
Oppenheimer Flexible Strategies has very good reverse predictability. Overlapping area represents the amount of predictability between Oppenheimer Flexible time series from 10th of December 2024 to 25th of December 2024 and 25th of December 2024 to 9th of January 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 Flexible price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Oppenheimer Flexible price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Oppenheimer Flexible lagged returns against current returns
Autocorrelation, which is Oppenheimer Flexible 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 Flexible's mutual fund expected returns. We can calculate the autocorrelation of Oppenheimer Flexible returns to help us make a trade decision. For example, suppose you find that Oppenheimer Flexible 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 Flexible 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 Flexible mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oppenheimer Flexible 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 Flexible mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Oppenheimer Flexible Lagged Returns
When evaluating Oppenheimer Flexible's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oppenheimer Flexible mutual fund have on its future price. Oppenheimer Flexible 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 Flexible autocorrelation shows the relationship between Oppenheimer Flexible mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Oppenheimer Flexible Strategies.
Regressed Prices |
| Timeline |
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Other Information on Investing in Oppenheimer Mutual Fund
Oppenheimer Flexible 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 Flexible security.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |