Rivernorth Opportunistic Financial Statements From 2010 to 2024
| RMI Fund | USD 15.73 0.05 0.32% |
Market Capitalization 117.3 M |
Check Rivernorth Opportunistic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rivernorth Opportunistic's main balance sheet or income statement drivers, such as , as well as many indicators such as . Rivernorth financial statements analysis is a perfect complement when working with Rivernorth Opportunistic Valuation or Volatility modules.
Rivernorth |
Rivernorth Opportunistic Municipalome Fund Price To Earning Analysis
Rivernorth Opportunistic's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Rivernorth Opportunistic Price To Earning | 11.82 X |
Most of Rivernorth Opportunistic's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Rivernorth Opportunistic Municipalome is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Rivernorth Opportunistic Municipalome has a Price To Earning of 11.82 times. This is much higher than that of the family and significantly higher than that of the Muni National Interm category. The price to earning for all United States funds is notably lower than that of the firm.
Rivernorth Opportunistic Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rivernorth Opportunistic's current stock value. Our valuation model uses many indicators to compare Rivernorth Opportunistic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rivernorth Opportunistic competition to find correlations between indicators driving Rivernorth Opportunistic's intrinsic value. More Info.Rivernorth Opportunistic Municipalome is rated top fund in price to earning among similar funds. It also is rated top fund in annual yield among similar funds . The ratio of Price To Earning to Annual Yield for Rivernorth Opportunistic Municipalome is about 2,570 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Rivernorth Opportunistic's earnings, one of the primary drivers of an investment's value.About Rivernorth Opportunistic Financial Statements
Investors use fundamental indicators, such as Rivernorth Opportunistic's revenue or net income, to determine how well the company is positioned to perform in the future. Although Rivernorth Opportunistic's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Rivernorth Opportunistic is entity of United States. It is traded as Fund on NYSE exchange.
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Other Information on Investing in Rivernorth Fund
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.
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