Riverfront Asset Allocation Fund Market Value
| RAGIX Fund | USD 13.79 0.18 1.32% |
| Symbol | Riverfront |
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.
| 12/15/2024 |
| 03/15/2025 |
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.
| Information Ratio | 0.0569 | |||
| Maximum Drawdown | 2.75 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 0.9168 |
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.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | 0.0119 | |||
| Treynor Ratio | (0.13) |
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 Average | 0.0 | |
| Price Variance | 0.03 |
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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