Riverpark Strategic Income Fund Price on July 10, 2024
| RSIVX Fund | USD 8.71 0.07 0.80% |
Below is the normalized historical share price chart for Riverpark Strategic Income extending back to October 07, 2013. 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 Strategic stands at 8.71, as last reported on the 27th of November, with the highest price reaching 8.71 and the lowest price hitting 8.71 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 Strategic maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Riverpark Strategic, which you can use to evaluate the volatility of the fund. Please check Riverpark Strategic's Variance of 0.0135, coefficient of variation of 600.81, and Risk Adjusted Performance of 0.0714 to confirm if the risk estimate we provide is consistent with the expected return of 0.0199%.
Riverpark Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Riverpark |
Sharpe Ratio = 0.169
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Estimated Market Risk
| 0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Riverpark Strategic is performing at about 13% 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 Strategic by adding it to a well-diversified portfolio.
Riverpark Strategic Valuation on July 10, 2024
It is possible to determine the worth of Riverpark Strategic on a given historical date. On July 10, 2024 Riverpark was worth 8.49 at the beginning of the trading date compared to the closed value of 8.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Riverpark Strategic mutual fund. Still, in general, we apply an absolute valuation method to find Riverpark Strategic'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 Strategic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Riverpark Strategic's related companies.
| Open | High | Low | Close | Volume | |
| 8.49 | 8.49 | 8.49 | 8.49 | 1.00 | |
07/10/2024 | 8.49 | 8.49 | 8.49 | 8.49 | 1.00 |
| 8.50 | 8.50 | 8.50 | 8.50 | 1.00 |
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Riverpark Strategic Trading Date Momentum on July 10, 2024
| On July 11 2024 Riverpark Strategic Income was traded for 8.50 at the closing time. The highest daily price throughout the period was 8.50 and the lowest price was 8.50 . There was no trading activity during the period 1.0. Lack of trading volume on 07/11/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.12% . The trading delta at closing time to current closing price is 0.47% . |
Riverpark Strategic Fundamentals Correlations and Trends
By evaluating Riverpark Strategic'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 Strategic'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 Strategic Mutual Fund history
Riverpark Strategic 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 Strategic 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 Strategic stock prices may prove useful in developing a viable investing in Riverpark Strategic
The fund will invest at least 80 percent of its net assets in fixed income securities and income producing equities. It seeks to achieve its investment objective by investing in both investment grade and non-investment grade debt, preferred stock, convertible bonds, bank loans, high yield bonds, mortgage- and asset-backed securities, SPACs and income producing equities that the Adviser, the funds investment adviser, deems appropriate for the funds investment objective.
Riverpark Strategic Mutual Fund Technical Analysis
Riverpark Strategic 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 Strategic Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Riverpark Strategic 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.
Riverpark Strategic November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Riverpark Strategic 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 Strategic shares will generate the highest return on investment. By undertsting and applying Riverpark Strategic mutual fund market strength indicators, traders can identify Riverpark Strategic Income entry and exit signals to maximize returns
Riverpark Strategic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Riverpark Strategic'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 | 0.0714 | |||
| Jensen Alpha | 0.0054 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | 0.2887 |
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Other Information on Investing in Riverpark Mutual Fund
Riverpark Strategic 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 Strategic security.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |