RiverNorth Managed Financials
| RMM Etf | USD 15.09 0.10 0.67% |
RiverNorth |
The data published in RiverNorth Managed's official financial statements typically reflect RiverNorth Managed'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 Managed's quantitative information. For example, before you start analyzing numbers published by RiverNorth accountants, it's essential to understand RiverNorth Managed's liquidity, profitability, and earnings quality within the context of the Capital Markets space in which it operates.
RiverNorth Managed Etf Summary
RiverNorth Managed competes with Rivernorth Opportunistic, MFS Investment, Blackrock Muniholdings, RiverNorth Flexible, and NXG NextGen. 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.Specialization | Financial Services, Financial Services |
| Instrument | USA Etf View All |
| Exchange | New York Stock Exchange |
| ISIN | US76882H1059 |
| CUSIP | 76882H105 |
| Region | Others |
| Investment Issuer | Others |
| Location | Illinois; U.S.A |
| Business Address | 325 North LaSalle |
| Etf Family | Capital Markets |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Website | www.rivernorth.com/closed-end-funds/rmm |
| Phone | 312 832 1440 |
| Currency | USD - US Dollar |
RiverNorth Managed Key Financial Ratios
RiverNorth Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining RiverNorth Managed's current stock value. Our valuation model uses many indicators to compare RiverNorth Managed value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across RiverNorth Managed competition to find correlations between indicators driving RiverNorth Managed's intrinsic value. More Info.RiverNorth Managed Duration is rated below average in price to earning as compared to similar ETFs. It is rated below average in price to book as compared to similar ETFs fabricating about 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for RiverNorth Managed Duration is roughly 8.56 . Comparative valuation analysis is a catch-all technique that is used if you cannot value RiverNorth Managed 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 Managed Systematic Risk
RiverNorth Managed's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. RiverNorth Managed 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 twenty-one with a total number of output elements of fourty. The Beta measures systematic risk based on how returns on RiverNorth Managed correlated with the market. If Beta is less than 0 RiverNorth Managed generally moves in the opposite direction as compared to the market. If RiverNorth Managed Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one RiverNorth Managed is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of RiverNorth Managed is generally in the same direction as the market. If Beta > 1 RiverNorth Managed moves generally in the same direction as, but more than the movement of the benchmark.
RiverNorth Managed February 16, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of RiverNorth Managed help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of RiverNorth Managed Duration. We use our internally-developed statistical techniques to arrive at the intrinsic value of RiverNorth Managed Duration 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 Managed's daily price indicators and compare them against related drivers.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 3.26 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 0.9831 |
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.