Riverpark Longshort Opportunity Fund Price on April 19, 2023
| RLSFX Fund | USD 14.22 0.09 0.64% |
Below is the normalized historical share price chart for Riverpark Longshort Opportunity extending back to March 30, 2012. 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 Long/short stands at 14.22, as last reported on the 30th of November, with the highest price reaching 14.22 and the lowest price hitting 14.22 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 Long/short maintains Sharpe Ratio (i.e., Efficiency) of 0.24, which implies the entity had a 0.24% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Riverpark Long/short, which you can use to evaluate the volatility of the fund. Please check Riverpark Long/short's Coefficient Of Variation of 521.25, risk adjusted performance of 0.1455, and Semi Deviation of 0.5528 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
Riverpark Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Riverpark |
Sharpe Ratio = 0.2351
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | RLSFX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Riverpark Long/short is performing at about 18% 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 Long/short by adding it to a well-diversified portfolio.
Riverpark Long/short Valuation on April 19, 2023
It is possible to determine the worth of Riverpark Long/short on a given historical date. On April 19, 2023 Riverpark was worth 9.69 at the beginning of the trading date compared to the closed value of 9.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Riverpark Long/short mutual fund. Still, in general, we apply an absolute valuation method to find Riverpark Long/short'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 Long/short where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Riverpark Long/short's related companies.
| Open | High | Low | Close | Volume | |
| 9.67 | 9.67 | 9.67 | 9.67 | 1.00 | |
04/19/2023 | 9.69 | 9.69 | 9.69 | 9.69 | 1.00 |
| 9.59 | 9.59 | 9.59 | 9.59 | 1.00 |
| Backtest Riverpark Long/short | | | Riverpark Long/short History | | | Riverpark Long/short Valuation | Previous | Next |
Riverpark Long/short Trading Date Momentum on April 19, 2023
| On April 20 2023 Riverpark Longshort Opportunity was traded for 9.59 at the closing time. The highest daily price throughout the period was 9.59 and the lowest price was 9.59 . There was no trading activity during the period 1.0. Lack of trading volume on 04/20/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.03% . The trading delta at closing time to current closing price is 0.62% . |
Riverpark Long/short Fundamentals Correlations and Trends
By evaluating Riverpark Long/short'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 Long/short'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 Long/short Mutual Fund history
Riverpark Long/short 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 Long/short 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 Long/short stock prices may prove useful in developing a viable investing in Riverpark Long/short
The fund seeks long-term capital appreciation while managing downside volatility by investing long in equity securities that RiverPark believes have above-average growth prospects and selling short equity securities the Adviser believes are competitively disadvantaged over the long term. It invests primarily in the securities of U.S. companies, but it may also invest outside the U.S. The fund limits its investments in the securities of foreign issuers to no more than 15 percent of its assets.
Riverpark Long/short Mutual Fund Technical Analysis
Riverpark Long/short 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 Long/short Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Riverpark Longshort Opportunity 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 Long/short November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Riverpark Long/short 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 Long/short shares will generate the highest return on investment. By undertsting and applying Riverpark Long/short mutual fund market strength indicators, traders can identify Riverpark Longshort Opportunity entry and exit signals to maximize returns
Riverpark Long/short Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Riverpark Long/short'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 | 0.1455 | |||
| Jensen Alpha | 0.0543 | |||
| Total Risk Alpha | 0.0071 | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.231 |
| 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 Riverpark Mutual Fund
Riverpark Long/short 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 Long/short security.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |