Oppenheimer Etf Technical Analysis

OMFL
 Etf
  

USD 41.61  0.42  1.02%   

As of the 3rd of July, Oppenheimer Russell holds the risk adjusted performance of (0.16), and Coefficient Of Variation of (876.01). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oppenheimer Russell, as well as the relationship between them. Put it differently, you can use this information to find out if the etf will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Oppenheimer Russell 1000, which can be compared to its competitors. Please check Oppenheimer Russell 1000 variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Oppenheimer Russell 1000 is priced some-what accurately, providing market reflects its current price of 41.61 per share.
  
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Oppenheimer Russell Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Oppenheimer, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Oppenheimer
Oppenheimer Russell's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Oppenheimer Russell technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Oppenheimer Russell technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Oppenheimer Russell trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Oppenheimer Russell 1000 Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Oppenheimer Russell 1000 volatility developed by Welles Wilder.
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Oppenheimer Russell 1000 Trend Analysis

Use this graph to draw trend lines for Oppenheimer Russell 1000. You can use it to identify possible trend reversals for Oppenheimer Russell as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Oppenheimer Russell price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Oppenheimer Russell Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Oppenheimer Russell 1000 applied against its price change over selected period. The best fit line has a slop of   -0.11  , which may suggest that Oppenheimer Russell 1000 market price will keep on failing further. It has 122 observation points and a regression sum of squares at 470.98, which is the sum of squared deviations for the predicted Oppenheimer Russell price change compared to its average price change.

About Oppenheimer Russell Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Oppenheimer Russell 1000 on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Oppenheimer Russell 1000 based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Oppenheimer Russell 1000 stock first instead of the macroeconomic environment surrounding Oppenheimer Russell 1000. By analyzing Oppenheimer Russell's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Oppenheimer Russell's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Oppenheimer Russell specific price patterns or momentum indicators. Please read more on our technical analysis page.

Oppenheimer Russell July 3, 2022 Technical Indicators

Most technical analysis of Oppenheimer help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Oppenheimer from various momentum indicators to cycle indicators. When you analyze Oppenheimer charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Oppenheimer Russell 1000 One Year Return

Based on the recorded statements, Oppenheimer Russell 1000 has an One Year Return of -6.38%. This is 274.32% lower than that of the Invesco family and 191.47% lower than that of the Large Blend category. The one year return for all United States etfs is notably higher than that of the company.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Please check Your Equity Center. Note that the Oppenheimer Russell 1000 information on this page should be used as a complementary analysis to other Oppenheimer Russell's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Oppenheimer Russell 1000 price analysis, check to measure Oppenheimer Russell'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 Russell is operating at the current time. Most of Oppenheimer Russell's value examination focuses on studying past and present price action to predict the probability of Oppenheimer Russell's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Oppenheimer Russell's price. Additionally, you may evaluate how the addition of Oppenheimer Russell to your portfolios can decrease your overall portfolio volatility.
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The market value of Oppenheimer Russell 1000 is measured differently than its book value, which is the value of Oppenheimer that is recorded on the company's balance sheet. Investors also form their own opinion of Oppenheimer Russell's value that differs from its market value or its book value, called intrinsic value, which is Oppenheimer Russell's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oppenheimer Russell's market value can be influenced by many factors that don't directly affect Oppenheimer Russell's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oppenheimer Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine Oppenheimer Russell value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oppenheimer Russell'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.