Rivernorth Specialty Finance Etf Technical Analysis
| RSF Etf | USD 15.30 0.01 0.07% |
As of the 26th of February, RiverNorth Specialty holds the Coefficient Of Variation of 948.03, risk adjusted performance of 0.0734, and Semi Deviation of 0.4166. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of RiverNorth Specialty, as well as the relationship between them. Please check RiverNorth Specialty coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if RiverNorth Specialty is priced some-what accurately, providing market reflects its current price of 15.3 per share.
RiverNorth Specialty 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, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RiverNorthRiverNorth |
RiverNorth Specialty technical etf 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, etf market cycles, or different charting patterns.
RiverNorth Specialty 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 RiverNorth Specialty volatility. High ATR values indicate high volatility, and low values indicate low volatility.
RiverNorth Specialty Trend Analysis
Use this graph to draw trend lines for RiverNorth Specialty Finance. You can use it to identify possible trend reversals for RiverNorth Specialty 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 Specialty price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.RiverNorth Specialty Best Fit Change Line
The following chart estimates an ordinary least squares regression model for RiverNorth Specialty Finance applied against its price change over selected period. The best fit line has a slop of 0 , which may imply that RiverNorth Specialty Finance will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 0.74, which is the sum of squared deviations for the predicted RiverNorth Specialty price change compared to its average price change.About RiverNorth Specialty 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 RiverNorth Specialty Finance 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 RiverNorth Specialty Finance based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on RiverNorth Specialty price pattern first instead of the macroeconomic environment surrounding RiverNorth Specialty. By analyzing RiverNorth Specialty'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 Specialty'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 Specialty specific price patterns or momentum indicators. Please read more on our technical analysis page.
RiverNorth Specialty February 26, 2025 Technical Indicators
Most technical analysis of RiverNorth 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 from various momentum indicators to cycle indicators. When you analyze RiverNorth 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.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0734 | |||
| Market Risk Adjusted Performance | (0.33) | |||
| Mean Deviation | 0.3665 | |||
| Semi Deviation | 0.4166 | |||
| Downside Deviation | 0.5538 | |||
| Coefficient Of Variation | 948.03 | |||
| Standard Deviation | 0.5191 | |||
| Variance | 0.2695 | |||
| Information Ratio | 0.0767 | |||
| Jensen Alpha | 0.0454 | |||
| Total Risk Alpha | 0.0413 | |||
| Sortino Ratio | 0.0719 | |||
| Treynor Ratio | (0.34) | |||
| Maximum Drawdown | 3.0 | |||
| Value At Risk | (0.73) | |||
| Potential Upside | 0.8748 | |||
| Downside Variance | 0.3067 | |||
| Semi Variance | 0.1736 | |||
| Expected Short fall | (0.42) | |||
| Skewness | 0.0852 | |||
| Kurtosis | 2.15 |
Other Information on Investing in RiverNorth Etf
RiverNorth Specialty financial ratios help investors to determine whether RiverNorth Etf 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 Specialty security.