Rivernorth Managed Duration Etf Profile
| RMM Etf | USD 15.60 0.11 0.71% |
Performance4 of 100
| Odds Of DistressOver 62
|
RiverNorth Managed is selling at 15.60 as of the 25th of November 2024; that is 0.71 percent increase since the beginning of the trading day. The etf's lowest day price was 15.51. RiverNorth Managed has more than 62 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for RiverNorth Managed Duration are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of May 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 26th of July 2019 | Classification Financials |
Rivernorth Managed Duration Municipal Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. Rivernorth Managed is listed under Asset Management in the United States and is traded on New York Stock Exchange exchange.. The company has 19.74 M outstanding shares of which 64.49 K shares are at this time shorted by investors with about 1.42 days to cover. More on RiverNorth Managed Duration
Moving against RiverNorth Etf
RiverNorth Etf Highlights
| Old Names | [Rambler Metals & Mining, RAMIRENT, Ramirent Oyj] |
| Business Concentration | Asset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors) |
| Average Analyst Recommendation Analysts covering RiverNorth Managed report their recommendations after researching RiverNorth Managed's financial statements, talking to executives and customers, or listening in on RiverNorth Managed's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering RiverNorth Managed. The RiverNorth consensus assessment is calculated by taking the average forecast from all of the analysts covering RiverNorth Managed. | |
| Total Current Liabilities | 2.34 Million |
| Total Stockholder Equity | 324.93 Million |
| Currency Code | USD |
| Fiscal Year End | December |
| Begin Period Cash Flow | 5.04 Million |
| Net Debt | (10,291) |
| Accounts Payable | 2.34 Million |
| Cash | 10,291 |
| Other Operating Expenses | 167,358 |
| Non Current Assets Total | 519.6 Million |
| Non Currrent Assets Other | (519.6 Million) |
| Cash And Short Term Investments | 10,291 |
| 50 Day M A | 15.7213 |
| Code | RMM |
| Common Stock Shares Outstanding | 19.82 Million |
RiverNorth Managed Duration [RMM] is traded in USA and was established null. RiverNorth Managed is listed under Asset Management & Custody Banks category by Fama And French industry classification. The fund is classified under Financials category within Capital Markets family. RiverNorth Managed at this time have 529.97 M in assets. with the current yeild of 0.09%.
RiverNorth Managed generates positive cash flow from operations, but has no cash available
Check RiverNorth Managed Probability Of Bankruptcy
RiverNorth Managed Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in RiverNorth Managed. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0307 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.15) | |||
| Mean Deviation | 0.5334 |
RiverNorth Managed Against Markets
Other Information on Investing in RiverNorth Etf
RiverNorth Managed 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 Managed security.