Riverparkwedgewood Fund Retail Fund Market Value

RWGFX Fund  USD 5.54  0.04  0.72%   
Riverparkwedgewood's market value is the price at which a share of Riverparkwedgewood trades on a public exchange. It measures the collective expectations of Riverparkwedgewood Fund Retail investors about its performance. Riverparkwedgewood is trading at 5.54 as of the 6th of December 2024; that is 0.72 percent down since the beginning of the trading day. The fund's open price was 5.58.
With this module, you can estimate the performance of a buy and hold strategy of Riverparkwedgewood Fund Retail and determine expected loss or profit from investing in Riverparkwedgewood over a given investment horizon. Check out Riverparkwedgewood Correlation, Riverparkwedgewood Volatility and Riverparkwedgewood Alpha and Beta module to complement your research on Riverparkwedgewood.
Symbol

Please note, there is a significant difference between Riverparkwedgewood's value and its price as these two are different measures arrived at by different means. Investors typically determine if Riverparkwedgewood is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Riverparkwedgewood's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Riverparkwedgewood '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 Riverparkwedgewood'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 Riverparkwedgewood.
0.00
09/07/2024
No Change 0.00  0.0 
In 2 months and 31 days
12/06/2024
0.00
If you would invest  0.00  in Riverparkwedgewood on September 7, 2024 and sell it all today you would earn a total of 0.00 from holding Riverparkwedgewood Fund Retail or generate 0.0% return on investment in Riverparkwedgewood over 90 days. Riverparkwedgewood is related to or competes with Riverparkwedgewood, Grandeur Peak, Riverpark Short, Riverpark Large, and Mainstay Epoch. The fund invests at least 80 percent of its net assets in equity securities of large capitalization companies that the s... More

Riverparkwedgewood 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 Riverparkwedgewood'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 Riverparkwedgewood Fund Retail upside and downside potential and time the market with a certain degree of confidence.

Riverparkwedgewood Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Riverparkwedgewood's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Riverparkwedgewood's standard deviation. In reality, there are many statistical measures that can use Riverparkwedgewood historical prices to predict the future Riverparkwedgewood's volatility.
Hype
Prediction
LowEstimatedHigh
4.865.546.22
Details
Intrinsic
Valuation
LowRealHigh
4.895.576.25
Details
Naive
Forecast
LowNextHigh
4.905.596.27
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5.435.515.60
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Riverparkwedgewood. Your research has to be compared to or analyzed against Riverparkwedgewood's peers to derive any actionable benefits. When done correctly, Riverparkwedgewood's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Riverparkwedgewood.

Riverparkwedgewood Backtested Returns

Riverparkwedgewood appears to be not too volatile, given 3 months investment horizon. Riverparkwedgewood maintains Sharpe Ratio (i.e., Efficiency) of 0.34, which implies the entity had a 0.34% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Riverparkwedgewood, which you can use to evaluate the volatility of the fund. Please evaluate Riverparkwedgewood's Risk Adjusted Performance of 0.1782, coefficient of variation of 414.46, and Semi Deviation of 0.5432 to confirm if our risk estimates are consistent with your expectations. The fund holds a Beta of 0.13, which implies not very significant fluctuations relative to the market. As returns on the market increase, Riverparkwedgewood's returns are expected to increase less than the market. However, during the bear market, the loss of holding Riverparkwedgewood is expected to be smaller as well.

Auto-correlation

    
  0.86  

Very good predictability

Riverparkwedgewood Fund Retail has very good predictability. Overlapping area represents the amount of predictability between Riverparkwedgewood time series from 7th of September 2024 to 22nd of October 2024 and 22nd of October 2024 to 6th 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 Riverparkwedgewood price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Riverparkwedgewood price fluctuation can be explain by its past prices.
Correlation Coefficient0.86
Spearman Rank Test0.9
Residual Average0.0
Price Variance0.02

Riverparkwedgewood lagged returns against current returns

Autocorrelation, which is Riverparkwedgewood 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 Riverparkwedgewood's mutual fund expected returns. We can calculate the autocorrelation of Riverparkwedgewood returns to help us make a trade decision. For example, suppose you find that Riverparkwedgewood 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  

Riverparkwedgewood 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 Riverparkwedgewood mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Riverparkwedgewood mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Riverparkwedgewood mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Riverparkwedgewood Lagged Returns

When evaluating Riverparkwedgewood's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Riverparkwedgewood mutual fund have on its future price. Riverparkwedgewood 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, Riverparkwedgewood autocorrelation shows the relationship between Riverparkwedgewood mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Riverparkwedgewood Fund Retail.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Riverparkwedgewood Mutual Fund

Riverparkwedgewood financial ratios help investors to determine whether Riverparkwedgewood 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 Riverparkwedgewood with respect to the benefits of owning Riverparkwedgewood security.
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