Riverfront Strategic Income Etf Performance
| RIGS Etf | USD 22.53 0.08 0.35% |
The etf holds a Beta of 0.27, which implies not very significant fluctuations relative to the market. As returns on the market increase, RiverFront Strategic's returns are expected to increase less than the market. However, during the bear market, the loss of holding RiverFront Strategic is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days RiverFront Strategic Income has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable technical and fundamental indicators, RiverFront Strategic is not utilizing all of its potentials. The recent stock price uproar, may contribute to short-horizon losses for the private investors. ...more
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| In Threey Sharp Ratio | -0.44 |
RiverFront |
RiverFront Strategic Relative Risk vs. Return Landscape
If you would invest 2,270 in RiverFront Strategic Income on January 26, 2024 and sell it today you would lose (17.00) from holding RiverFront Strategic Income or give up 0.75% of portfolio value over 90 days. RiverFront Strategic Income is currently does not generate positive expected returns and assumes 0.323% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% of etfs are less volatile than RiverFront, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
RiverFront Strategic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for RiverFront Strategic's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as RiverFront Strategic Income, and traders can use it to determine the average amount a RiverFront Strategic's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0354
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| Negative Returns | RIGS |
Estimated Market Risk
| 0.32 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average RiverFront Strategic is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of RiverFront Strategic by adding RiverFront Strategic to a well-diversified portfolio.
RiverFront Strategic Fundamentals Growth
RiverFront Etf prices reflect investors' perceptions of the future prospects and financial health of RiverFront Strategic, and RiverFront Strategic fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on RiverFront Etf performance.
| Total Asset | 101.21 M | |||
About RiverFront Strategic Performance
To evaluate RiverFront Strategic Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when RiverFront Strategic generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare RiverFront Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand RiverFront Strategic market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents RiverFront's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund seeks to achieve its investment objective by investing in a global portfolio of fixed income securities of various maturities, ratings and currency denominations. Riverfront Strategic is traded on NYSEARCA Exchange in the United States.| RiverFront Strategic generated a negative expected return over the last 90 days | |
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| The fund created three year return of 0.0% | |
| RiverFront Strategic maintains about 8.68% of its assets in bonds |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RiverFront Strategic Income. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the RiverFront Strategic information on this page should be used as a complementary analysis to other RiverFront Strategic's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of RiverFront Strategic is measured differently than its book value, which is the value of RiverFront that is recorded on the company's balance sheet. Investors also form their own opinion of RiverFront Strategic's value that differs from its market value or its book value, called intrinsic value, which is RiverFront Strategic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RiverFront Strategic's market value can be influenced by many factors that don't directly affect RiverFront Strategic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RiverFront Strategic's value and its price as these two are different measures arrived at by different means. Investors typically determine if RiverFront Strategic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RiverFront Strategic'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.