Riverfront Asset Allocation Fund Market Value

RAGIX Fund  USD 13.79  0.18  1.32%   
Riverfront Asset's market value is the price at which a share of Riverfront Asset trades on a public exchange. It measures the collective expectations of Riverfront Asset Allocation investors about its performance. Riverfront Asset is trading at 13.79 as of the 15th of March 2025; that is 1.32% up since the beginning of the trading day. The fund's open price was 13.61.
With this module, you can estimate the performance of a buy and hold strategy of Riverfront Asset Allocation and determine expected loss or profit from investing in Riverfront Asset over a given investment horizon. Check out Riverfront Asset Correlation, Riverfront Asset Volatility and Riverfront Asset Alpha and Beta module to complement your research on Riverfront Asset.
Symbol

Please note, there is a significant difference between Riverfront Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine if Riverfront Asset is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Riverfront Asset'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.

Riverfront Asset '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 Riverfront Asset'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 Riverfront Asset.
0.00
12/15/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/15/2025
0.00
If you would invest  0.00  in Riverfront Asset on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Riverfront Asset Allocation or generate 0.0% return on investment in Riverfront Asset over 90 days. Riverfront Asset is related to or competes with Us Government, Franklin Adjustable, Massmutual Clinton, Community Reinvestment, and Hawaii Municipal. The adviser seek to achieve the funds investment objective by strategically investing in, and tactically adjusting alloc... More

Riverfront Asset 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 Riverfront Asset'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 Riverfront Asset Allocation upside and downside potential and time the market with a certain degree of confidence.

Riverfront Asset Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Riverfront Asset's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Riverfront Asset's standard deviation. In reality, there are many statistical measures that can use Riverfront Asset historical prices to predict the future Riverfront Asset's volatility.
Hype
Prediction
LowEstimatedHigh
12.7713.4614.15
Details
Intrinsic
Valuation
LowRealHigh
13.1113.8014.49
Details

Riverfront Asset All Backtested Returns

Riverfront Asset All maintains Sharpe Ratio (i.e., Efficiency) of -0.0704, which implies the entity had a -0.0704 % return per unit of risk over the last 3 months. Riverfront Asset All exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Riverfront Asset's Risk Adjusted Performance of (0.08), coefficient of variation of (1,084), and Variance of 0.4412 to confirm the risk estimate we provide. The fund holds a Beta of 0.53, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Riverfront Asset's returns are expected to increase less than the market. However, during the bear market, the loss of holding Riverfront Asset is expected to be smaller as well.

Auto-correlation

    
  -0.53  

Good reverse predictability

Riverfront Asset Allocation has good reverse predictability. Overlapping area represents the amount of predictability between Riverfront Asset time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Riverfront Asset All price movement. The serial correlation of -0.53 indicates that about 53.0% of current Riverfront Asset price fluctuation can be explain by its past prices.
Correlation Coefficient-0.53
Spearman Rank Test-0.11
Residual Average0.0
Price Variance0.03

Riverfront Asset All lagged returns against current returns

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

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

Riverfront Asset Lagged Returns

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

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