Rivernorthoaktree Financials
| RNHIX Fund | USD 8.89 0.01 0.11% |
Rivernorthoaktree |
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.
Rivernorthoaktree Fund Summary
Rivernorthoaktree competes with Rivernorthdoubleline, Rivernorth, Rivernorth, Rivernorth/oaktree, and Rnsix. The fund will invest at least 80 percent of its assets in income-producing securities and instruments including, but not limited to, corporate bonds , government-issued bonds, convertible bonds, preferred stocks, senior loans , and shares of closed-end funds, exchange-traded funds and other investment companies that invest principally in fixed income securities.Specialization | High Yield Bond, Large Value |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US76881N8065 |
| Business Address | RiverNorth Funds |
| Mutual Fund Family | RiverNorth Funds |
| Mutual Fund Category | High Yield Bond |
| Benchmark | Dow Jones Industrial |
| Phone | 888 848 7569 |
| Currency | USD - US Dollar |
Rivernorthoaktree Key Financial Ratios
Rivernorthoaktree Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rivernorthoaktree's current stock value. Our valuation model uses many indicators to compare Rivernorthoaktree value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rivernorthoaktree competition to find correlations between indicators driving Rivernorthoaktree's intrinsic value. More Info.Rivernorthoaktree High Income is rated top fund in price to earning among similar funds. It also is rated top fund in price to book among similar funds fabricating about 0.07 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Rivernorthoaktree High Income is roughly 13.34 . 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 Rivernorthoaktree's earnings, one of the primary drivers of an investment's value.Rivernorthoaktree High Systematic Risk
Rivernorthoaktree's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Rivernorthoaktree 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 Rivernorthoaktree High correlated with the market. If Beta is less than 0 Rivernorthoaktree generally moves in the opposite direction as compared to the market. If Rivernorthoaktree Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Rivernorthoaktree High is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Rivernorthoaktree is generally in the same direction as the market. If Beta > 1 Rivernorthoaktree moves generally in the same direction as, but more than the movement of the benchmark.
Rivernorthoaktree November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Rivernorthoaktree help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Rivernorthoaktree High Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Rivernorthoaktree High Income based on widely used predictive technical indicators. In general, we focus on analyzing Rivernorthoaktree Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Rivernorthoaktree's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.1336 | |||
| Information Ratio | (1.08) | |||
| Maximum Drawdown | 0.4538 | |||
| Value At Risk | (0.11) | |||
| Potential Upside | 0.2257 |
Other Information on Investing in Rivernorthoaktree Mutual Fund
Rivernorthoaktree financial ratios help investors to determine whether Rivernorthoaktree 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 Rivernorthoaktree with respect to the benefits of owning Rivernorthoaktree security.
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