Rivernorth Financials
| RNCIX Fund | USD 7.66 0.03 0.39% |
Rivernorth |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Rivernorth Fund Summary
Rivernorth competes with Rivernorth/oaktree, Rnsix, Jpmorgan Hedged, and Copeland Smid. The funds adviser will allocate the funds investments among equities, fixed income securities, and cash and cash equivalents. The adviser may allocate to the various asset classes either through the purchase of closed-end investment companies , exchange-traded funds and other investment companies or through direct investment in the various securities. To achieve exposure to the asset classes discussed above, it will typically invest more than 50 percent of its assets in underlying funds.Specialization | Allocation--50% to 70% Equity, Large Growth |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US76881N8891 |
| Business Address | RiverNorth Funds |
| Mutual Fund Family | RiverNorth Funds |
| Mutual Fund Category | Allocation--50% to 70% Equity |
| Benchmark | Dow Jones Industrial |
| Phone | 888 848 7569 |
| Currency | USD - US Dollar |
Rivernorth Key Financial Ratios
Rivernorth Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rivernorth's current stock value. Our valuation model uses many indicators to compare Rivernorth value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rivernorth competition to find correlations between indicators driving Rivernorth's intrinsic value. More Info.Rivernorth E Opportunity is rated below average in price to earning among similar funds. It also is rated below average in price to book among similar funds fabricating about 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Rivernorth E Opportunity is roughly 8.65 . 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's earnings, one of the primary drivers of an investment's value.Rivernorth E Opportunity Systematic Risk
Rivernorth's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Rivernorth 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Rivernorth E Opportunity correlated with the market. If Beta is less than 0 Rivernorth generally moves in the opposite direction as compared to the market. If Rivernorth Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Rivernorth E Opportunity is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Rivernorth is generally in the same direction as the market. If Beta > 1 Rivernorth moves generally in the same direction as, but more than the movement of the benchmark.
Rivernorth November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Rivernorth help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Rivernorth E Opportunity. We use our internally-developed statistical techniques to arrive at the intrinsic value of Rivernorth E Opportunity based on widely used predictive technical indicators. In general, we focus on analyzing Rivernorth Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Rivernorth's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4039 | |||
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 1.44 | |||
| Value At Risk | (0.65) | |||
| Potential Upside | 0.534 |
Other Information on Investing in Rivernorth Mutual Fund
Rivernorth financial ratios help investors to determine whether Rivernorth Mutual 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 security.
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