Riverparkwedgewood Fund Institutional Fund Market Value
| RWGIX Fund | USD 6.23 0.02 0.32% |
| Symbol | Riverparkwedgewood |
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.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Riverparkwedgewood on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Riverparkwedgewood Fund Institutional or generate 0.0% return on investment in Riverparkwedgewood over 30 days. Riverparkwedgewood is related to or competes with Rationalpier, Gabelli Convertible, Fidelity Sai, and Absolute Convertible. 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 Institutional upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6272 | |||
| Information Ratio | 0.1535 | |||
| Maximum Drawdown | 3.21 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 1.38 |
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.| Risk Adjusted Performance | 0.244 | |||
| Jensen Alpha | 0.1964 | |||
| Total Risk Alpha | 0.1111 | |||
| Sortino Ratio | 0.1643 | |||
| Treynor Ratio | 1.18 |
Riverparkwedgewood Backtested Returns
At this stage we consider Riverparkwedgewood Mutual Fund to be very steady. Riverparkwedgewood maintains Sharpe Ratio (i.e., Efficiency) of 0.29, which implies the entity had a 0.29% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Riverparkwedgewood, which you can use to evaluate the volatility of the fund. Please check Riverparkwedgewood's Risk Adjusted Performance of 0.244, downside deviation of 0.6272, and Standard Deviation of 0.6715 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. The fund holds a Beta of 0.18, 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 | -0.23 |
Weak reverse predictability
Riverparkwedgewood Fund Institutional has weak reverse predictability. Overlapping area represents the amount of predictability between Riverparkwedgewood time series from 12th of November 2024 to 27th of November 2024 and 27th of November 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 Riverparkwedgewood price movement. The serial correlation of -0.23 indicates that over 23.0% of current Riverparkwedgewood price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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 Institutional.
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 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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| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |