Rivernorthoaktree High Income Fund Technical Analysis
| RNHIX Fund | USD 8.81 0.01 0.11% |
As of the 9th of January, Rivernorth/oaktree holds the Coefficient Of Variation of (1,639), risk adjusted performance of (0.1), and Variance of 0.0193. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rivernorth/oaktree, as well as the relationship between them.
Rivernorth/oaktree Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Rivernorth/oaktree, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Rivernorth/oaktreeRivernorth/oaktree |
Rivernorth/oaktree technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Rivernorthoaktree High Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Rivernorthoaktree High volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Rivernorthoaktree High Trend Analysis
Use this graph to draw trend lines for Rivernorthoaktree High Income. You can use it to identify possible trend reversals for Rivernorth/oaktree as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Rivernorth/oaktree price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Rivernorth/oaktree Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Rivernorthoaktree High Income applied against its price change over selected period. The best fit line has a slop of 0.0009 , which means Rivernorthoaktree High Income will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Rivernorth/oaktree price change compared to its average price change.About Rivernorth/oaktree Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Rivernorthoaktree High Income on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Rivernorthoaktree High Income based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Rivernorthoaktree High price pattern first instead of the macroeconomic environment surrounding Rivernorthoaktree High. By analyzing Rivernorth/oaktree's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Rivernorth/oaktree's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Rivernorth/oaktree specific price patterns or momentum indicators. Please read more on our technical analysis page.
Rivernorth/oaktree January 9, 2025 Technical Indicators
Most technical analysis of Rivernorth/oaktree help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Rivernorth/oaktree from various momentum indicators to cycle indicators. When you analyze Rivernorth/oaktree charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.1) | |||
| Market Risk Adjusted Performance | (0.83) | |||
| Mean Deviation | 0.0945 | |||
| Coefficient Of Variation | (1,639) | |||
| Standard Deviation | 0.139 | |||
| Variance | 0.0193 | |||
| Information Ratio | (0.26) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.84) | |||
| Maximum Drawdown | 0.7913 | |||
| Value At Risk | (0.23) | |||
| Potential Upside | 0.1136 | |||
| Skewness | (1.59) | |||
| Kurtosis | 4.2 |
Other Information on Investing in Rivernorth/oaktree Mutual Fund
Rivernorth/oaktree financial ratios help investors to determine whether Rivernorth/oaktree 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 Rivernorth/oaktree with respect to the benefits of owning Rivernorth/oaktree security.
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