Riverpark Longshort Opportunity Fund Market Value
| RLSFX Fund | USD 14.58 0.13 0.90% |
| Symbol | Riverpark |
Riverpark Longshort '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 Longshort'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 Longshort.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in Riverpark Longshort on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Riverpark Longshort Opportunity or generate 0.0% return on investment in Riverpark Longshort over 360 days. Riverpark Longshort is related to or competes with Riverpark Longshort, Abr Dynamic, Alger Dynamic, Baron Global, and Balter Invenomic. The fund seeks long-term capital appreciation while managing downside volatility by investing long in equity securities ... More
Riverpark Longshort 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 Longshort'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 Longshort Opportunity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7208 | |||
| Information Ratio | 0.1035 | |||
| Maximum Drawdown | 3.08 | |||
| Value At Risk | (1.02) | |||
| Potential Upside | 1.28 |
Riverpark Longshort Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Riverpark Longshort's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Riverpark Longshort's standard deviation. In reality, there are many statistical measures that can use Riverpark Longshort historical prices to predict the future Riverpark Longshort's volatility.| Risk Adjusted Performance | 0.2153 | |||
| Jensen Alpha | 0.1294 | |||
| Total Risk Alpha | 0.0796 | |||
| Sortino Ratio | 0.0909 | |||
| Treynor Ratio | 0.4074 |
Riverpark Longshort Backtested Returns
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-eight 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%. The fund holds a Beta of 0.44, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Riverpark Longshort's returns are expected to increase less than the market. However, during the bear market, the loss of holding Riverpark Longshort is expected to be smaller as well.
Auto-correlation | 0.19 |
Very weak predictability
Riverpark Longshort Opportunity has very weak predictability. Overlapping area represents the amount of predictability between Riverpark Longshort time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th of December 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 Riverpark Longshort price movement. The serial correlation of 0.19 indicates that over 19.0% of current Riverpark Longshort price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.26 |
Riverpark Longshort lagged returns against current returns
Autocorrelation, which is Riverpark Longshort 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 Longshort's mutual fund expected returns. We can calculate the autocorrelation of Riverpark Longshort returns to help us make a trade decision. For example, suppose you find that Riverpark Longshort 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 Longshort 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 Longshort mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Riverpark Longshort 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 Longshort mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Riverpark Longshort Lagged Returns
When evaluating Riverpark Longshort's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Riverpark Longshort mutual fund have on its future price. Riverpark Longshort 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 Longshort autocorrelation shows the relationship between Riverpark Longshort mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Riverpark Longshort Opportunity.
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 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.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |