Riverpark Floating Rate Fund Manager Performance Evaluation
| RCRFX Fund | USD 8.80 0.01 0.11% |
The fund holds a Beta of 0.0028, which implies not very significant fluctuations relative to the market. As returns on the market increase, Riverpark Floating's returns are expected to increase less than the market. However, during the bear market, the loss of holding Riverpark Floating is expected to be smaller as well.
Risk-Adjusted Performance
39 of 100
Weak | Strong |
Very Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Riverpark Floating Rate are ranked lower than 39 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical and fundamental indicators, Riverpark Floating is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 1.2500 |
Riverpark |
Riverpark Floating Relative Risk vs. Return Landscape
If you would invest 855.00 in Riverpark Floating Rate on August 30, 2024 and sell it today you would earn a total of 25.00 from holding Riverpark Floating Rate or generate 2.92% return on investment over 90 days. Riverpark Floating Rate is currently producing 0.0458% returns and takes up 0.092% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than Riverpark, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Riverpark Floating Current Valuation
Undervalued
Today
Please note that Riverpark Floating's price fluctuation is very steady at this time. At this time, the fund appears to be undervalued. Riverpark Floating Rate holds a recent Real Value of $9.56 per share. The prevailing price of the fund is $8.8. We determine the value of Riverpark Floating Rate from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Riverpark Floating is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Riverpark Mutual Fund. However, Riverpark Floating's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 8.8 | Real 9.56 | Hype 8.8 | Naive 8.79 |
The intrinsic value of Riverpark Floating's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Riverpark Floating's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Riverpark Floating Rate helps investors to forecast how Riverpark mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Riverpark Floating more accurately as focusing exclusively on Riverpark Floating's fundamentals will not take into account other important factors: Riverpark Floating Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Riverpark Floating's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Riverpark Floating Rate, and traders can use it to determine the average amount a Riverpark Floating's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.4978
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| RCRFX |
Based on monthly moving average Riverpark Floating is performing at about 39% 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 Floating by adding it to a well-diversified portfolio.
Riverpark Floating Fundamentals Growth
Riverpark Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Riverpark Floating, and Riverpark Floating fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Riverpark Mutual Fund performance.
| Total Asset | 36.12 M | ||||
About Riverpark Floating Performance
Evaluating Riverpark Floating's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Riverpark Floating has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Riverpark Floating has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund will invest in commercial mortgage backed securities , predominately in the United States. Under normal circumstances, the fund may invest up to 100 percent of its assets in fixed income securities of which no less than 80 percent of its net assets will be invested in floating rate CMBS. The advisor seeks to generate its returns primarily from its investments monthly cash distributions and secondarily through opportunistic trading.Things to note about Riverpark Floating Rate performance evaluation
Checking the ongoing alerts about Riverpark Floating for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Riverpark Floating Rate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Riverpark is showing solid risk-adjusted performance over 90 days | |
| The fund maintains about 7.01% of its assets in cash |
- Analyzing Riverpark Floating's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Riverpark Floating's stock is overvalued or undervalued compared to its peers.
- Examining Riverpark Floating's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Riverpark Floating's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Riverpark Floating's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Riverpark Floating's mutual fund. These opinions can provide insight into Riverpark Floating's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Riverpark Mutual Fund
Riverpark Floating 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 Floating security.
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