RiverNorth Flexible Financials
| RFM Etf | USD 15.54 0.05 0.32% |
RiverNorth |
The data published in RiverNorth Flexible's official financial statements typically reflect RiverNorth Flexible's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving RiverNorth Flexible's quantitative information. For example, before you start analyzing numbers published by RiverNorth accountants, it's essential to understand RiverNorth Flexible's liquidity, profitability, and earnings quality within the context of the RiverNorth space in which it operates.
RiverNorth Flexible Etf Summary
RiverNorth Flexible competes with Blackrock Muniholdings, MFS Investment, Eaton Vance, Nuveen California, and RiverNorth Managed. RiverNorth Flexible is entity of United States. It is traded as Etf on NYSE exchange.| Instrument | USA Etf View All |
| Exchange | New York Stock Exchange |
| CUSIP | 76883H104 |
| Region | Others |
| Investment Issuer | Others |
| Location | Illinois; U.S.A |
| Business Address | 325 North LaSalle |
| Benchmark | Dow Jones Industrial |
| Phone | 312 832 1440 |
| Currency | USD - US Dollar |
RiverNorth Flexible Key Financial Ratios
RiverNorth Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining RiverNorth Flexible's current stock value. Our valuation model uses many indicators to compare RiverNorth Flexible value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across RiverNorth Flexible competition to find correlations between indicators driving RiverNorth Flexible's intrinsic value. More Info.RiverNorth Flexible Municipalome is rated below average in price to earning as compared to similar ETFs. It is presently regarded as number one ETF in last dividend paid as compared to similar ETFs creating about 0.16 of Last Dividend Paid per Price To Earning. The ratio of Price To Earning to Last Dividend Paid for RiverNorth Flexible Municipalome is roughly 6.16 . Comparative valuation analysis is a catch-all technique that is used if you cannot value RiverNorth Flexible by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.RiverNorth Flexible Systematic Risk
RiverNorth Flexible's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. RiverNorth Flexible volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on RiverNorth Flexible correlated with the market. If Beta is less than 0 RiverNorth Flexible generally moves in the opposite direction as compared to the market. If RiverNorth Flexible Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one RiverNorth Flexible is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of RiverNorth Flexible is generally in the same direction as the market. If Beta > 1 RiverNorth Flexible moves generally in the same direction as, but more than the movement of the benchmark.
RiverNorth Flexible February 7, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of RiverNorth Flexible help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of RiverNorth Flexible Municipalome. We use our internally-developed statistical techniques to arrive at the intrinsic value of RiverNorth Flexible Municipalome based on widely used predictive technical indicators. In general, we focus on analyzing RiverNorth Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build RiverNorth Flexible's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.5557 | |||
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 2.47 | |||
| Value At Risk | (0.83) | |||
| Potential Upside | 0.8796 |
Other Information on Investing in RiverNorth Etf
RiverNorth Flexible 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 Flexible security.