Rivernorthoaktree High Income Fund Price on September 30, 2024
| RNOTX Fund | USD 8.88 0.01 0.11% |
Below is the normalized historical share price chart for Rivernorthoaktree High Income extending back to December 31, 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 Rivernorth/oaktree stands at 8.88, as last reported on the 25th of November, with the highest price reaching 8.88 and the lowest price hitting 8.88 during the day.
If you're considering investing in Rivernorth/oaktree Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Rivernorth/oaktree Mutual Fund to be very steady. Rivernorthoaktree High 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-seven technical indicators for Rivernorthoaktree High, which you can use to evaluate the volatility of the fund. Please check Rivernorth/oaktree's Downside Deviation of 0.1359, standard deviation of 0.0928, and Risk Adjusted Performance of 0.141 to confirm if the risk estimate we provide is consistent with the expected return of 0.0213%.
Rivernorth/oaktree Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Rivernorth/oaktree |
Sharpe Ratio = 0.2368
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Based on monthly moving average Rivernorth/oaktree 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 Rivernorth/oaktree by adding it to a well-diversified portfolio.
Rivernorth/oaktree Valuation on September 30, 2024
It is possible to determine the worth of Rivernorth/oaktree on a given historical date. On September 30, 2024 Rivernorth/oaktree was worth 8.85 at the beginning of the trading date compared to the closed value of 8.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rivernorth/oaktree mutual fund. Still, in general, we apply an absolute valuation method to find Rivernorth/oaktree'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 Rivernorth/oaktree where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rivernorth/oaktree's related companies.
| Open | High | Low | Close | Volume | |
| 8.85 | 8.85 | 8.85 | 8.85 | 1.00 | |
09/30/2024 | 8.85 | 8.85 | 8.85 | 8.85 | 1.00 |
| 8.85 | 8.85 | 8.85 | 8.85 | 1.00 |
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Rivernorth/oaktree Trading Date Momentum on September 30, 2024
| On October 01 2024 Rivernorthoaktree High Income was traded for 8.85 at the closing time. The highest daily price throughout the period was 8.85 and the lowest price was 8.85 . There was no trading activity during the period 1.0. Lack of trading volume on 10/01/2024 did not cause price change. The trading delta at closing time to current closing price is 0.23% . |
Rivernorthoaktree High Fundamentals Correlations and Trends
By evaluating Rivernorth/oaktree'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 Rivernorth/oaktree's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rivernorth/oaktree financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rivernorth/oaktree Mutual Fund history
Rivernorth/oaktree 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/oaktree is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rivernorthoaktree High 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/oaktree stock prices may prove useful in developing a viable investing in Rivernorth/oaktree
The fund will invest at least 80 percent of its assets in income-producing securities and instruments including, but not limited to, corporate bonds , government-issued bonds, convertible bonds, preferred stocks, senior loans , and shares of closed-end funds, exchange-traded funds and other investment companies that invest principally in fixed income securities.
Rivernorth/oaktree Mutual Fund Technical Analysis
Rivernorth/oaktree 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
Rivernorth/oaktree Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Rivernorthoaktree High Income 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.
Rivernorth/oaktree November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Rivernorth/oaktree 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 Rivernorth/oaktree shares will generate the highest return on investment. By undertsting and applying Rivernorth/oaktree mutual fund market strength indicators, traders can identify Rivernorthoaktree High Income entry and exit signals to maximize returns
Rivernorth/oaktree Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rivernorth/oaktree's price direction in advance. Along with the technical and fundamental analysis of Rivernorth/oaktree Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rivernorth/oaktree 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 | 0.141 | |||
| Jensen Alpha | 0.0089 | |||
| Total Risk Alpha | 0.0012 | |||
| Sortino Ratio | (0.77) | |||
| Treynor Ratio | 0.2748 |
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Other Information on Investing in Rivernorth/oaktree Mutual Fund
Rivernorth/oaktree financial ratios help investors to determine whether Rivernorth/oaktree 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/oaktree with respect to the benefits of owning Rivernorth/oaktree security.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
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| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |