Riverfront Dynamic Equity Fund Price on September 23, 2024
| RLGAX Fund | USD 14.20 0.05 0.35% |
Below is the normalized historical share price chart for Riverfront Dynamic Equity extending back to August 02, 2010. 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 Riverfront Dynamic stands at 14.20, as last reported on the 22nd of November, with the highest price reaching 14.20 and the lowest price hitting 14.20 during the day.
If you're considering investing in Riverfront Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Riverfront Mutual Fund to be very steady. Riverfront Dynamic Equity maintains Sharpe Ratio (i.e., Efficiency) of 0.0322, which implies the entity had a 0.0322% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Riverfront Dynamic Equity, which you can use to evaluate the volatility of the fund. Please check Riverfront Dynamic's Semi Deviation of 0.4815, coefficient of variation of 2059.77, and Risk Adjusted Performance of 0.0322 to confirm if the risk estimate we provide is consistent with the expected return of 0.0158%.
Riverfront Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Riverfront |
Sharpe Ratio = 0.0322
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RLGAX |
Estimated Market Risk
| 0.49 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Riverfront Dynamic is performing at about 2% 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 Riverfront Dynamic by adding it to a well-diversified portfolio.
Riverfront Dynamic Valuation on September 23, 2024
It is possible to determine the worth of Riverfront Dynamic on a given historical date. On September 23, 2024 Riverfront was worth 14.22 at the beginning of the trading date compared to the closed value of 14.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Riverfront Dynamic mutual fund. Still, in general, we apply an absolute valuation method to find Riverfront Dynamic'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 Riverfront Dynamic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Riverfront Dynamic's related companies.
| Open | High | Low | Close | Volume | |
| 14.20 | 14.20 | 14.20 | 14.20 | 1.00 | |
09/23/2024 | 14.22 | 14.22 | 14.22 | 14.22 | 1.00 |
| 14.27 | 14.27 | 14.27 | 14.27 | 1.00 |
| Backtest Riverfront Dynamic | | | Riverfront Dynamic History | | | Riverfront Dynamic Valuation | Previous | Next |
Riverfront Dynamic Trading Date Momentum on September 23, 2024
| On September 24 2024 Riverfront Dynamic Equity was traded for 14.27 at the closing time. The highest daily price throughout the period was 14.27 and the lowest price was 14.27 . There was no trading activity during the period 1.0. Lack of trading volume on 09/24/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.35% . The trading delta at closing time to current closing price is 0.42% . |
Riverfront Dynamic Equity Fundamentals Correlations and Trends
By evaluating Riverfront Dynamic'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 Riverfront Dynamic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Riverfront financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Riverfront Dynamic Mutual Fund history
Riverfront Dynamic 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 Riverfront is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Riverfront Dynamic Equity 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 Riverfront Dynamic stock prices may prove useful in developing a viable investing in Riverfront Dynamic
The adviser and sub-adviser seek to achieve the funds investment objective by strategically investing in, and tactically adjusting allocations to, exchange-traded funds that, under normal market conditions, are expected to consist of ETFs sub-advised by RiverFront as well as unaffiliated ETFs. The fund also seeks, under normal market conditions, a target asset allocation, on a look-through basis, of 60 percent to equities and 40 percent to fixed-income securities.
Riverfront Dynamic Mutual Fund Technical Analysis
Riverfront Dynamic 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
Riverfront Dynamic Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Riverfront Dynamic Equity 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.
Riverfront Dynamic November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Riverfront Dynamic 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 Riverfront Dynamic shares will generate the highest return on investment. By undertsting and applying Riverfront Dynamic mutual fund market strength indicators, traders can identify Riverfront Dynamic Equity entry and exit signals to maximize returns
Riverfront Dynamic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Riverfront Dynamic's price direction in advance. Along with the technical and fundamental analysis of Riverfront Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Riverfront 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 | 0.0322 | |||
| Jensen Alpha | 0.0179 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | (0.51) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Riverfront Mutual Fund
Riverfront Dynamic financial ratios help investors to determine whether Riverfront 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 Riverfront with respect to the benefits of owning Riverfront Dynamic security.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |