Rivernorth Specialty Finance Etf Price on December 1, 2022
| RSF Etf | USD 15.31 0.06 0.39% |
Below is the normalized historical share price chart for RiverNorth Specialty Finance extending back to September 22, 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 RiverNorth Specialty stands at 15.31, as last reported on the 29th of November, with the highest price reaching 15.33 and the lowest price hitting 15.18 during the day.
If you're considering investing in RiverNorth Etf, it is important to understand the factors that can impact its price. At this point, RiverNorth Specialty is very steady. RiverNorth Specialty maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the entity had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for RiverNorth Specialty, which you can use to evaluate the volatility of the etf. Please check RiverNorth Specialty's Semi Deviation of 0.2902, coefficient of variation of 691.91, and Risk Adjusted Performance of 0.0999 to confirm if the risk estimate we provide is consistent with the expected return of 0.0587%.
RiverNorth Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
RiverNorth |
Sharpe Ratio = 0.1607
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | RSF | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.37 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average RiverNorth Specialty is performing at about 12% 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 Specialty by adding it to a well-diversified portfolio.
RiverNorth Specialty Valuation on December 1, 2022
It is possible to determine the worth of RiverNorth Specialty on a given historical date. On December 1, 2022 RiverNorth was worth 13.48 at the beginning of the trading date compared to the closed value of 13.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RiverNorth Specialty etf. Still, in general, we apply an absolute valuation method to find RiverNorth Specialty'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 Specialty where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RiverNorth Specialty's related companies.
| Open | High | Low | Close | Volume | |
| 13.97 | 14.13 | 13.89 | 13.96 | 7,100 | |
12/01/2022 | 13.48 | 14.08 | 13.44 | 13.91 | 4,700 |
| 13.67 | 14.06 | 13.66 | 13.87 | 3,200 |
| Backtest RiverNorth Specialty | | | RiverNorth Specialty History | | | RiverNorth Specialty Valuation | Previous | Next |
RiverNorth Specialty Trading Date Momentum on December 1, 2022
| On December 02 2022 RiverNorth Specialty Finance was traded for 13.87 at the closing time. Highest RiverNorth Specialty's price during the trading hours was 14.06 and the lowest price during the day was 13.66 . The net volume was 3.2 K. The overall trading history on the 2nd of December contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.29% . The trading delta at closing time to current price is 0.93% . |
RiverNorth Specialty Fundamentals Correlations and Trends
By evaluating RiverNorth Specialty'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 Specialty's 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 Specialty Etf history
RiverNorth Specialty 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 Specialty 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 Specialty stock prices may prove useful in developing a viable investing in RiverNorth Specialty
RiverNorth Specialty Etf Technical Analysis
RiverNorth Specialty technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
RiverNorth Specialty Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
RiverNorth Specialty Finance 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 Specialty November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how RiverNorth Specialty etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RiverNorth Specialty shares will generate the highest return on investment. By undertsting and applying RiverNorth Specialty etf market strength indicators, traders can identify RiverNorth Specialty Finance entry and exit signals to maximize returns
RiverNorth Specialty Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for RiverNorth Specialty's price direction in advance. Along with the technical and fundamental analysis of RiverNorth Etf 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 | 0.0999 | |||
| Jensen Alpha | 0.0309 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | 0.4098 |
| 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 RiverNorth Etf
RiverNorth Specialty financial ratios help investors to determine whether RiverNorth Etf 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 Specialty security.