Riverfront Dynamic Core Etf Market Value
| RFCI Etf | USD 22.56 0.08 0.36% |
| Symbol | RiverFront |
The market value of RiverFront Dynamic Core is measured differently than its book value, which is the value of RiverFront that is recorded on the company's balance sheet. Investors also form their own opinion of RiverFront Dynamic's value that differs from its market value or its book value, called intrinsic value, which is RiverFront Dynamic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RiverFront Dynamic's market value can be influenced by many factors that don't directly affect RiverFront Dynamic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RiverFront Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine if RiverFront Dynamic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RiverFront Dynamic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
RiverFront Dynamic '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 RiverFront Dynamic's etf 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 RiverFront Dynamic.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in RiverFront Dynamic on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding RiverFront Dynamic Core or generate 0.0% return on investment in RiverFront Dynamic over 30 days. RiverFront Dynamic is related to or competes with Schwab 1, Schwab Long, Schwab Intermediate, Schwab Short, and SPDR Portfolio. The fund invests in a global portfolio of fixed income securities of various maturities, ratings and currency denominati... More
RiverFront Dynamic 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 RiverFront Dynamic's etf 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 RiverFront Dynamic Core upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.57) | |||
| Maximum Drawdown | 1.06 | |||
| Value At Risk | (0.44) | |||
| Potential Upside | 0.3545 |
RiverFront Dynamic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RiverFront Dynamic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RiverFront Dynamic's standard deviation. In reality, there are many statistical measures that can use RiverFront Dynamic historical prices to predict the future RiverFront Dynamic's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.5331 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of RiverFront Dynamic's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
RiverFront Dynamic Core Backtested Returns
RiverFront Dynamic Core maintains Sharpe Ratio (i.e., Efficiency) of -0.0347, which implies the entity had a -0.0347% return per unit of risk over the last 3 months. RiverFront Dynamic Core exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RiverFront Dynamic's Variance of 0.0612, risk adjusted performance of (0.06), and Coefficient Of Variation of (2,227) to confirm the risk estimate we provide. The etf holds a Beta of -0.0396, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning RiverFront Dynamic are expected to decrease at a much lower rate. During the bear market, RiverFront Dynamic is likely to outperform the market.
Auto-correlation | 0.43 |
Average predictability
RiverFront Dynamic Core has average predictability. Overlapping area represents the amount of predictability between RiverFront Dynamic time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th of November 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 RiverFront Dynamic Core price movement. The serial correlation of 0.43 indicates that just about 43.0% of current RiverFront Dynamic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
RiverFront Dynamic Core lagged returns against current returns
Autocorrelation, which is RiverFront Dynamic etf'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 RiverFront Dynamic's etf expected returns. We can calculate the autocorrelation of RiverFront Dynamic returns to help us make a trade decision. For example, suppose you find that RiverFront Dynamic has exhibited high autocorrelation historically, and you observe that the etf 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 |
RiverFront Dynamic 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 RiverFront Dynamic etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RiverFront Dynamic etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RiverFront Dynamic etf over time.
Current vs Lagged Prices |
| Timeline |
RiverFront Dynamic Lagged Returns
When evaluating RiverFront Dynamic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RiverFront Dynamic etf have on its future price. RiverFront Dynamic 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, RiverFront Dynamic autocorrelation shows the relationship between RiverFront Dynamic etf current value and its past values and can show if there is a momentum factor associated with investing in RiverFront Dynamic Core.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether RiverFront Dynamic Core offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RiverFront Dynamic's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Riverfront Dynamic Core Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Riverfront Dynamic Core Etf:Check out RiverFront Dynamic Correlation, RiverFront Dynamic Volatility and RiverFront Dynamic Alpha and Beta module to complement your research on RiverFront Dynamic. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
RiverFront Dynamic 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.