Riversource Series Trust Fund Price on October 21, 2024
RCEAX Fund | USD 8.87 0.25 2.90% |
If you're considering investing in Riversource Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Riversource Series stands at 8.87, as last reported on the 29th of November, with the highest price reaching 8.87 and the lowest price hitting 8.87 during the day. Riversource Series appears to be somewhat reliable, given 3 months investment horizon. Riversource Series Trust maintains Sharpe Ratio (i.e., Efficiency) of 0.084, which implies the entity had a 0.084% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Riversource Series Trust, which you can use to evaluate the volatility of the fund. Please evaluate Riversource Series' Coefficient Of Variation of 1333.33, semi deviation of 2.1, and Risk Adjusted Performance of 0.0644 to confirm if our risk estimates are consistent with your expectations.
Riversource Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Riversource |
Sharpe Ratio = 0.084
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Estimated Market Risk
2.58 actual daily | 22 78% of assets are more volatile |
Expected Return
0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Riversource Series is performing at about 6% 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 Riversource Series by adding it to a well-diversified portfolio.
Riversource Series Valuation on October 21, 2024
It is possible to determine the worth of Riversource Series on a given historical date. On October 21, 2024 Riversource was worth 9.34 at the beginning of the trading date compared to the closed value of 9.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Riversource Series mutual fund. Still, in general, we apply an absolute valuation method to find Riversource Series' 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 Riversource Series where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Riversource Series' related companies.
Open | High | Low | Close | Volume | |
9.44 | 9.44 | 9.44 | 9.44 | 1.00 | |
10/21/2024 | 9.34 | 9.34 | 9.34 | 9.34 | 1.00 |
9.49 | 9.49 | 9.49 | 9.49 | 1.00 |
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Riversource Series Trading Date Momentum on October 21, 2024
On October 22 2024 Riversource Series Trust was traded for 9.49 at the closing time. The highest daily price throughout the period was 9.49 and the lowest price was 9.49 . There was no trading activity during the period 1.0. Lack of trading volume on 10/22/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 1.61% . The trading delta at closing time to current closing price is 0.86% . |
Riversource Series Trust Fundamentals Correlations and Trends
By evaluating Riversource Series' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Riversource Series' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Riversource financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Riversource Series Mutual Fund history
Riversource Series 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 Riversource is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Riversource Series Trust 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 Riversource Series stock prices may prove useful in developing a viable investing in Riversource Series
The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its assets in equity investments in issuers economically tied to China. China includes Mainland China, Hong Kong, and Macau. The Advisor expects to invest primarily in common stocks, but may also invest in depositary receipts. This may include securities that trade in local Chinese, Hong Kong, or other foreign exchanges and securities that trade in Renminbi , the official currency of China. The fund is non-diversified.
Riversource Series Mutual Fund Technical Analysis
Riversource Series 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
Riversource Series Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Riversource Series Trust 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.
Riversource Series November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Riversource Series 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 Riversource Series shares will generate the highest return on investment. By undertsting and applying Riversource Series mutual fund market strength indicators, traders can identify Riversource Series Trust entry and exit signals to maximize returns
Riversource Series Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Riversource Series' price direction in advance. Along with the technical and fundamental analysis of Riversource Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Riversource 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 | 0.0644 | |||
Jensen Alpha | 0.1806 | |||
Total Risk Alpha | (0.20) | |||
Sortino Ratio | 0.0272 | |||
Treynor Ratio | (33.33) |
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Pattern Recognition | ||
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Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |