Rivernorth Opportunities Fund Price on December 3, 2024
| RIV Fund | USD 12.54 0.06 0.48% |
Below is the normalized historical share price chart for Rivernorth Opportunities extending back to December 24, 2015. 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 Rivernorth Opportunities stands at 12.54, as last reported on the 11th of December 2024, with the highest price reaching 12.60 and the lowest price hitting 12.41 during the day.
If you're considering investing in Rivernorth Fund, it is important to understand the factors that can impact its price. At this stage we consider Rivernorth Fund to be very steady. Rivernorth Opportunities maintains Sharpe Ratio (i.e., Efficiency) of 0.0858, which implies the entity had a 0.0858% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Rivernorth Opportunities, which you can use to evaluate the volatility of the fund. Please check Rivernorth Opportunities' Coefficient Of Variation of 808.85, risk adjusted performance of 0.0871, and Semi Deviation of 0.4356 to confirm if the risk estimate we provide is consistent with the expected return of 0.0511%.
Rivernorth Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Rivernorth |
Sharpe Ratio = 0.0858
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| Cash | RIV | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Rivernorth Opportunities is performing at about 6% 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 Rivernorth Opportunities by adding it to a well-diversified portfolio.
Market Capitalization 281 M |
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Rivernorth Opportunities Valuation on December 3, 2024
It is possible to determine the worth of Rivernorth Opportunities on a given historical date. On December 3, 2024 Rivernorth was worth 12.73 at the beginning of the trading date compared to the closed value of 12.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rivernorth Opportunities fund. Still, in general, we apply an absolute valuation method to find Rivernorth Opportunities' 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 Rivernorth Opportunities where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rivernorth Opportunities' related companies.
| Open | High | Low | Close | Volume | |
| 12.58 | 12.74 | 12.58 | 12.66 | 86,170 | |
12/03/2024 | 12.73 | 12.73 | 12.65 | 12.70 | 65,681 |
| 12.67 | 12.70 | 12.60 | 12.64 | 88,365 |
| Backtest Rivernorth Opportunities | | | Rivernorth Opportunities History | | | Rivernorth Opportunities Valuation | Previous | Next |
Rivernorth Opportunities Trading Date Momentum on December 3, 2024
| On December 04 2024 Rivernorth Opportunities was traded for 12.64 at the closing time. Highest Rivernorth Opportunities's price during the trading hours was 12.70 and the lowest price during the day was 12.60 . The net volume was 88.4 K. The overall trading history on the 4th of December contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.47% . The trading delta at closing time to current price is 0.79% . |
Rivernorth Opportunities Fundamentals Correlations and Trends
By evaluating Rivernorth Opportunities' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Rivernorth Opportunities' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rivernorth financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rivernorth Opportunities Fund history
Rivernorth Opportunities 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 Rivernorth is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rivernorth Opportunities 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 Rivernorth Opportunities stock prices may prove useful in developing a viable investing in Rivernorth Opportunities
RiverNorth Opportunities Fund, Inc. is a close ended equity mutual fund co- launched and co- managed by ALPS Advisors, Inc. and RiverNorth Capital Management, LLC. It invests in the equity markets. The fund seeks to invest in stocks of companies operating across the diversified sectors. RiverNorth Opportunities Fund, Inc. was formed on December 24, 2015 and is domiciled in the United States.
Rivernorth Opportunities Fund Technical Analysis
Rivernorth Opportunities technical 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
Rivernorth Opportunities Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Rivernorth Opportunities cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Rivernorth Opportunities December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Rivernorth Opportunities fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rivernorth Opportunities shares will generate the highest return on investment. By undertsting and applying Rivernorth Opportunities fund market strength indicators, traders can identify Rivernorth Opportunities entry and exit signals to maximize returns
Rivernorth Opportunities Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rivernorth Opportunities' price direction in advance. Along with the technical and fundamental analysis of Rivernorth Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rivernorth 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 | 0.0871 | |||
| Jensen Alpha | 0.0429 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.3576 |
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Other Information on Investing in Rivernorth Fund
Rivernorth Opportunities financial ratios help investors to determine whether Rivernorth 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 Opportunities security.
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