Riverpark Floating Rate Fund Price on October 14, 2024
| RCRIX Fund | USD 8.87 0.01 0.11% |
Below is the normalized historical share price chart for Riverpark Floating Rate extending back to September 30, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Riverpark Floating stands at 8.87, as last reported on the 27th of November, with the highest price reaching 8.87 and the lowest price hitting 8.87 during the day.
If you're considering investing in Riverpark Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Riverpark Mutual Fund to be very steady. Riverpark Floating Rate maintains Sharpe Ratio (i.e., Efficiency) of 0.49, which implies the entity had a 0.49% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Riverpark Floating Rate, which you can use to evaluate the volatility of the fund. Please check Riverpark Floating's Risk Adjusted Performance of 0.2888, coefficient of variation of 213.48, and Variance of 0.0093 to confirm if the risk estimate we provide is consistent with the expected return of 0.0473%.
Riverpark Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Riverpark |
Sharpe Ratio = 0.4931
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Based on monthly moving average Riverpark Floating is performing at about 38% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Riverpark Floating by adding it to a well-diversified portfolio.
Riverpark Floating Valuation on October 14, 2024
It is possible to determine the worth of Riverpark Floating on a given historical date. On October 14, 2024 Riverpark was worth 8.77 at the beginning of the trading date compared to the closed value of 8.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Riverpark Floating mutual fund. Still, in general, we apply an absolute valuation method to find Riverpark Floating's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Riverpark Floating where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Riverpark Floating's related companies.
| Open | High | Low | Close | Volume | |
| 8.77 | 8.77 | 8.77 | 8.77 | 1.00 | |
10/14/2024 | 8.77 | 8.77 | 8.77 | 8.77 | 1.00 |
| 8.78 | 8.78 | 8.78 | 8.78 | 1.00 |
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Riverpark Floating Trading Date Momentum on October 14, 2024
| On October 15 2024 Riverpark Floating Rate was traded for 8.78 at the closing time. The highest daily price throughout the period was 8.78 and the lowest price was 8.78 . There was no trading activity during the period 1.0. Lack of trading volume on 10/15/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.11% . The trading delta at closing time to current closing price is 0.23% . |
Riverpark Floating Rate Fundamentals Correlations and Trends
By evaluating Riverpark Floating's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Riverpark Floating's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Riverpark financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Riverpark Floating Mutual Fund history
Riverpark Floating investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Riverpark is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Riverpark Floating Rate will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Riverpark Floating stock prices may prove useful in developing a viable investing in Riverpark Floating
The fund will invest in commercial mortgage backed securities , predominately in the United States. Under normal circumstances, the fund may invest up to 100 percent of its assets in fixed income securities of which no less than 80 percent of its net assets will be invested in floating rate CMBS. The advisor seeks to generate its returns primarily from its investments monthly cash distributions and secondarily through opportunistic trading.
Riverpark Floating Mutual Fund Technical Analysis
Riverpark Floating technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Riverpark Floating Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Riverpark Floating Rate cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Riverpark Floating November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Riverpark Floating mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Riverpark Floating shares will generate the highest return on investment. By undertsting and applying Riverpark Floating mutual fund market strength indicators, traders can identify Riverpark Floating Rate entry and exit signals to maximize returns
Riverpark Floating Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Riverpark Floating's price direction in advance. Along with the technical and fundamental analysis of Riverpark Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Riverpark to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2888 | |||
| Jensen Alpha | 0.036 | |||
| Total Risk Alpha | 0.02 | |||
| Treynor Ratio | (5.17) |
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Other Information on Investing in Riverpark Mutual Fund
Riverpark Floating financial ratios help investors to determine whether Riverpark 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 Riverpark with respect to the benefits of owning Riverpark Floating security.
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