Riverpark Short Term Fund Market Value
| RPHYX Fund | USD 9.66 0.02 0.21% |
| Symbol | Riverpark |
Riverpark Short '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 Riverpark Short's 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 Riverpark Short.
| 02/07/2024 |
| 02/01/2025 |
If you would invest 0.00 in Riverpark Short on February 7, 2024 and sell it all today you would earn a total of 0.00 from holding Riverpark Short Term or generate 0.0% return on investment in Riverpark Short over 360 days. Riverpark Short is related to or competes with Ab Bond, Credit Suisse, Simt Multi-asset, Ab Bond, Guidepath(r) Managed, Tiaa-cref Inflation-linked, and Tiaa Cref. Under normal circumstances, the fund will invest no less than 80 percent of its net assets in high yield Securities rate... More
Riverpark Short 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 Riverpark Short's 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 Riverpark Short Term upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1392 | |||
| Information Ratio | (0.93) | |||
| Maximum Drawdown | 0.3112 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.1045 |
Riverpark Short Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Riverpark Short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Riverpark Short's standard deviation. In reality, there are many statistical measures that can use Riverpark Short historical prices to predict the future Riverpark Short's volatility.| Risk Adjusted Performance | 0.0997 | |||
| Jensen Alpha | 0.0059 | |||
| Total Risk Alpha | 0.0017 | |||
| Sortino Ratio | (0.44) | |||
| Treynor Ratio | 0.4094 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Riverpark Short'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.
Riverpark Short Term Backtested Returns
At this stage we consider Riverpark Mutual Fund to be very steady. Riverpark Short Term maintains Sharpe Ratio (i.e., Efficiency) of 0.26, which implies the entity had a 0.26 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Riverpark Short Term, which you can use to evaluate the volatility of the fund. Please check Riverpark Short's Downside Deviation of 0.1392, standard deviation of 0.0662, and Risk Adjusted Performance of 0.0997 to confirm if the risk estimate we provide is consistent with the expected return of 0.0171%. The fund holds a Beta of 0.0173, which implies not very significant fluctuations relative to the market. As returns on the market increase, Riverpark Short's returns are expected to increase less than the market. However, during the bear market, the loss of holding Riverpark Short is expected to be smaller as well.
Auto-correlation | 0.99 |
Perfect predictability
Riverpark Short Term has perfect predictability. Overlapping area represents the amount of predictability between Riverpark Short time series from 7th of February 2024 to 5th of August 2024 and 5th of August 2024 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Riverpark Short Term price movement. The serial correlation of 0.99 indicates that 99.0% of current Riverpark Short price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.99 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Riverpark Short Term lagged returns against current returns
Autocorrelation, which is Riverpark Short 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 Riverpark Short's mutual fund expected returns. We can calculate the autocorrelation of Riverpark Short returns to help us make a trade decision. For example, suppose you find that Riverpark Short 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 |
Riverpark Short 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 Riverpark Short mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Riverpark Short mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Riverpark Short mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Riverpark Short Lagged Returns
When evaluating Riverpark Short's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Riverpark Short mutual fund have on its future price. Riverpark Short 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, Riverpark Short autocorrelation shows the relationship between Riverpark Short mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Riverpark Short Term.
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 Riverpark Mutual Fund
Riverpark Short 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 Short security.
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