Rivernorth E Opportunity Fund Probability of Future Mutual Fund Price Finishing Over 7.42
| RNCIX Fund | USD 7.73 0.05 0.65% |
Rivernorth |
Rivernorth Target Price Odds to finish over 7.42
The tendency of Rivernorth Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 7.42 in 90 days |
| 7.73 | 90 days | 7.42 | close to 99 |
Based on a normal probability distribution, the odds of Rivernorth to stay above $ 7.42 in 90 days from now is close to 99 (This Rivernorth E Opportunity probability density function shows the probability of Rivernorth Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Rivernorth E Opportunity price to stay between $ 7.42 and its current price of $7.73 at the end of the 90-day period is over 95.01 .
Assuming the 90 days horizon Rivernorth has a beta of 0.31 indicating as returns on the market go up, Rivernorth average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Rivernorth E Opportunity will be expected to be much smaller as well. Additionally Rivernorth E Opportunity has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Rivernorth Price Density |
| Price |
Predictive Modules for Rivernorth
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rivernorth E Opportunity. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Rivernorth Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Rivernorth is not an exception. The market had few large corrections towards the Rivernorth's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Rivernorth E Opportunity, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rivernorth within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0016 | |
β | Beta against Dow Jones | 0.31 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.27 |
Rivernorth Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Rivernorth for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rivernorth E Opportunity can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund maintains about 6.7% of its assets in cash |
Rivernorth Technical Analysis
Rivernorth's future price can be derived by breaking down and analyzing its technical indicators over time. Rivernorth Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rivernorth E Opportunity. In general, you should focus on analyzing Rivernorth Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Rivernorth Predictive Forecast Models
Rivernorth's time-series forecasting models is one of many Rivernorth's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Rivernorth's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Rivernorth E Opportunity
Checking the ongoing alerts about Rivernorth for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rivernorth E Opportunity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund maintains about 6.7% of its assets in cash |
Other Information on Investing in Rivernorth Mutual Fund
Rivernorth financial ratios help investors to determine whether Rivernorth 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 Rivernorth with respect to the benefits of owning Rivernorth security.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |