Oppenheimer Global Multi Asset Fund Quote

QMGYX Fund  USD 11.07  0.03  0.27%   

Performance

13 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 36

 
100  
 
Zero
Below Average
Oppenheimer Global is trading at 11.07 as of the 28th of March 2024; that is -0.27 percent decrease since the beginning of the trading day. The fund's open price was 11.1. Oppenheimer Global has about a 36 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Oppenheimer Global Multi Asset are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2022 and ending today, the 28th of March 2024. Click here to learn more.
The fund seeks to achieve its investment objective by investing mainly in a broad range of international equity securities and other types of investments, including derivatives. It may invest without limit in all types of equity securities, including common stock, depositary receipts, and other securities or instruments whose prices are linked to the value of common stock. More on Oppenheimer Global Multi Asset

Moving together with Oppenheimer Mutual Fund

  0.79OSCNX Oppenheimer Main StreetPairCorr
  0.82OSCIX Oppenheimer Intl SmallPairCorr
  0.79OSCYX Oppenheimer Main StreetPairCorr
  0.81OSMNX Oppenheimer Intl SmallPairCorr

Oppenheimer Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Oppenheimer Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Oppenheimer Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationOppenheimerFunds Funds, Large Value Funds, Foreign Large Blend Funds, Foreign Large Blend, OppenheimerFunds (View all Sectors)
Update Date31st of March 2024
Oppenheimer Global Multi Asset [QMGYX] is traded in USA and was established 28th of March 2024. Oppenheimer Global is listed under OppenheimerFunds category by Fama And French industry classification. The fund is listed under Foreign Large Blend category and is part of OppenheimerFunds family. This fund at this time has accumulated 72.68 M in assets with no minimum investment requirementsOppenheimer Global is currently producing year-to-date (YTD) return of 5.43% with the current yeild of 0.05%, while the total return for the last 3 years was 0.79%.
Check Oppenheimer Global Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Oppenheimer Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Oppenheimer Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Oppenheimer Global Multi Asset Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Oppenheimer Global Multi Asset Mutual Fund Constituents

GOOGAlphabet Class CStockCommunication Services
ROGRogersStockInformation Technology
CCitigroupStockFinancials
SPGISP GlobalStockFinancials
ASMLASML Holding NVStockInformation Technology
MCMoelis CoStockFinancials
SAPSAP SE ADRStockInformation Technology
More Details

Oppenheimer Global Target Price Odds Analysis

Based on a normal probability distribution, the odds of Oppenheimer Global jumping above the current price in 90 days from now is under 4%. The Oppenheimer Global Multi Asset probability density function shows the probability of Oppenheimer Global mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Oppenheimer Global Multi Asset has a beta of -0.052 indicating as returns on benchmark increase, returns on holding Oppenheimer Global are expected to decrease at a much lower rate. During the bear market, however, Oppenheimer Global Multi Asset is likely to outperform the market. Additionally, oppenheimer Global Multi Asset has an alpha of 0.1056, implying that it can generate a 0.11 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 11.07HorizonTargetOdds Above 11.07
96.62%90 days
 11.07 
3.29%
Based on a normal probability distribution, the odds of Oppenheimer Global to move above the current price in 90 days from now is under 4 (This Oppenheimer Global Multi Asset probability density function shows the probability of Oppenheimer Mutual Fund to fall within a particular range of prices over 90 days) .

Oppenheimer Global Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Oppenheimer Global market risk premium is the additional return an investor will receive from holding Oppenheimer Global long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Oppenheimer Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Oppenheimer Global's alpha and beta are two of the key measurements used to evaluate Oppenheimer Global's performance over the market, the standard measures of volatility play an important role as well.

Oppenheimer Global Against Markets

Picking the right benchmark for Oppenheimer Global mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Oppenheimer Global mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Oppenheimer Global is critical whether you are bullish or bearish towards Oppenheimer Global Multi Asset at a given time. Please also check how Oppenheimer Global's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Oppenheimer Global without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Financial Widgets Now

   

Financial Widgets

Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
All  Next Launch Module

How to buy Oppenheimer Mutual Fund?

Before investing in Oppenheimer Global, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Oppenheimer Global. To buy Oppenheimer Global fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Oppenheimer Global. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Oppenheimer Global fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Oppenheimer Global Multi Asset fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Oppenheimer Global Multi Asset fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Oppenheimer Global Multi Asset, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Oppenheimer Global Multi Asset?

The danger of trading Oppenheimer Global Multi Asset is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Oppenheimer Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Oppenheimer Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Oppenheimer Global is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oppenheimer Global Multi Asset. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for Oppenheimer Mutual Fund analysis

When running Oppenheimer Global's price analysis, check to measure Oppenheimer Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oppenheimer Global is operating at the current time. Most of Oppenheimer Global's value examination focuses on studying past and present price action to predict the probability of Oppenheimer Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oppenheimer Global's price. Additionally, you may evaluate how the addition of Oppenheimer Global to your portfolios can decrease your overall portfolio volatility.
Bonds Directory
Find actively traded corporate debentures issued by US companies
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Please note, there is a significant difference between Oppenheimer Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oppenheimer Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oppenheimer Global'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.