Riverpark Longshort Opportunity Fund Price on September 11, 2024
| RLSFX Fund | USD 14.58 0.13 0.90% |
Below is the normalized historical share price chart for Riverpark Longshort Opportunity extending back to March 30, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Riverpark Longshort stands at 14.58, as last reported on the 12th of December 2024, with the highest price reaching 14.58 and the lowest price hitting 14.58 during the day.
If you're considering investing in Riverpark Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Riverpark Mutual Fund to be very steady. Riverpark Longshort 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-seven technical indicators for Riverpark Longshort, which you can use to evaluate the volatility of the fund. Please check Riverpark Longshort's Coefficient Of Variation of 333.3, risk adjusted performance of 0.2153, and Semi Deviation of 0.2634 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%.
Riverpark Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Riverpark |
Sharpe Ratio = 0.2612
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Estimated Market Risk
| 0.63 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Riverpark Longshort is performing at about 20% 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 Longshort by adding it to a well-diversified portfolio.
Riverpark Longshort Valuation on September 11, 2024
It is possible to determine the worth of Riverpark Longshort on a given historical date. On September 11, 2024 Riverpark was worth 13.07 at the beginning of the trading date compared to the closed value of 13.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Riverpark Longshort mutual fund. Still, in general, we apply an absolute valuation method to find Riverpark Longshort's 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 Riverpark Longshort where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Riverpark Longshort's related companies.
| Open | High | Low | Close | Volume | |
| 12.88 | 12.88 | 12.88 | 12.88 | 1.00 | |
09/11/2024 | 13.07 | 13.07 | 13.07 | 13.07 | 1.00 |
| 13.13 | 13.13 | 13.13 | 13.13 | 1.00 |
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Riverpark Longshort Trading Date Momentum on September 11, 2024
| On September 12 2024 Riverpark Longshort Opportunity was traded for 13.13 at the closing time. The highest daily price throughout the period was 13.13 and the lowest price was 13.13 . There was no trading activity during the period 1.0. Lack of trading volume on 09/12/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.46% . The trading delta at closing time to current closing price is 2.37% . |
Riverpark Longshort Fundamentals Correlations and Trends
By evaluating Riverpark Longshort's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Riverpark Longshort's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Riverpark financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Riverpark Longshort Mutual Fund history
Riverpark Longshort 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 Riverpark is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Riverpark Longshort 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 Riverpark Longshort stock prices may prove useful in developing a viable investing in Riverpark Longshort
The fund seeks long-term capital appreciation while managing downside volatility by investing long in equity securities that RiverPark believes have above-average growth prospects and selling short equity securities the Adviser believes are competitively disadvantaged over the long term. It invests primarily in the securities of U.S. companies, but it may also invest outside the U.S. The fund limits its investments in the securities of foreign issuers to no more than 15 percent of its assets.
Riverpark Longshort Mutual Fund Technical Analysis
Riverpark Longshort 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
Riverpark Longshort Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Riverpark Longshort Opportunity 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.
Riverpark Longshort December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Riverpark Longshort 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 Riverpark Longshort shares will generate the highest return on investment. By undertsting and applying Riverpark Longshort mutual fund market strength indicators, traders can identify Riverpark Longshort Opportunity entry and exit signals to maximize returns
Riverpark Longshort Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Riverpark Longshort's price direction in advance. Along with the technical and fundamental analysis of Riverpark Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Riverpark 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 | 0.2153 | |||
| Jensen Alpha | 0.1294 | |||
| Total Risk Alpha | 0.0796 | |||
| Sortino Ratio | 0.0909 | |||
| Treynor Ratio | 0.4074 |
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| Volume Indicators |
Other Information on Investing in Riverpark Mutual Fund
Riverpark Longshort 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 Longshort security.
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