Riversource Series Trust Fund Market Value
| RCEAX Fund | USD 8.82 0.05 0.56% |
| Symbol | Riversource |
Riversource Series 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Riversource Series' mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Riversource Series.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Riversource Series on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Riversource Series Trust or generate 0.0% return on investment in Riversource Series over 720 days. Riversource Series is related to or competes with Rbc Small, Rbc Enterprise, Rbc Enterprise, Rbc Emerging, Rbc Small, Rbc Short, and Rbc Short. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its ... More
Riversource Series Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Riversource Series' mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Riversource Series Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.37 | |||
| Information Ratio | 0.0241 | |||
| Maximum Drawdown | 15.98 | |||
| Value At Risk | (3.11) | |||
| Potential Upside | 4.77 |
Riversource Series Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Riversource Series' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Riversource Series' standard deviation. In reality, there are many statistical measures that can use Riversource Series historical prices to predict the future Riversource Series' volatility.| Risk Adjusted Performance | 0.067 | |||
| Jensen Alpha | 0.1922 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0257 | |||
| Treynor Ratio | (6.46) |
Riversource Series Trust Backtested Returns
Riversource Series appears to be somewhat reliable, given 3 months investment horizon. Riversource Series Trust maintains Sharpe Ratio (i.e., Efficiency) of 0.0798, which implies the entity had a 0.0798% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Riversource Series Trust, which you can use to evaluate the volatility of the fund. Please evaluate Riversource Series' Risk Adjusted Performance of 0.067, coefficient of variation of 1274.28, and Semi Deviation of 2.09 to confirm if our risk estimates are consistent with your expectations. The fund holds a Beta of -0.0292, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Riversource Series are expected to decrease at a much lower rate. During the bear market, Riversource Series is likely to outperform the market.
Auto-correlation | -0.63 |
Very good reverse predictability
Riversource Series Trust has very good reverse predictability. Overlapping area represents the amount of predictability between Riversource Series time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Riversource Series Trust price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Riversource Series price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
Riversource Series Trust lagged returns against current returns
Autocorrelation, which is Riversource Series mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Riversource Series' mutual fund expected returns. We can calculate the autocorrelation of Riversource Series returns to help us make a trade decision. For example, suppose you find that Riversource Series has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Riversource Series regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Riversource Series mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Riversource Series mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Riversource Series mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Riversource Series Lagged Returns
When evaluating Riversource Series' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Riversource Series mutual fund have on its future price. Riversource Series autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Riversource Series autocorrelation shows the relationship between Riversource Series mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Riversource Series Trust.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Riversource Mutual Fund
Riversource Series financial ratios help investors to determine whether Riversource 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 Riversource with respect to the benefits of owning Riversource Series security.
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