Rivernorth Opportunistic Municipalome Fund Market Value

Symbol

Rivernorth

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 Rivernorth Opportunistic's 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 Rivernorth Opportunistic.

Rivernorth Opportunistic Upside/Downside Indicators

Rivernorth Opportunistic Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Rivernorth Opportunistic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rivernorth Opportunistic's standard deviation. In reality, there are many statistical measures that can use Rivernorth Opportunistic historical prices to predict the future Rivernorth Opportunistic's volatility.

Autocorrelation, which is Rivernorth Opportunistic 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 Rivernorth Opportunistic's fund expected returns. We can calculate the autocorrelation of Rivernorth Opportunistic returns to help us make a trade decision. For example, suppose you find that Rivernorth Opportunistic has exhibited high autocorrelation historically, and you observe that the fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Rivernorth Opportunistic fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rivernorth Opportunistic fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rivernorth Opportunistic fund over time.

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

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