Rivernorth/oaktree Financials
| RNOTX Fund | USD 8.89 0.01 0.11% |
Rivernorth/oaktree |
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/oaktree Fund Summary
Rivernorth/oaktree competes with Icon Information, Goldman Sachs, Janus Global, Technology Ultrasector, and Mfs Technology. 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 |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| 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 |
Rivernorth/oaktree Key Financial Ratios
Rivernorth/oaktree Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rivernorth/oaktree's current stock value. Our valuation model uses many indicators to compare Rivernorth/oaktree value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rivernorth/oaktree competition to find correlations between indicators driving Rivernorth/oaktree'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 0.02 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Rivernorthoaktree High Income is roughly 40.20 . 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/oaktree's earnings, one of the primary drivers of an investment's value.Rivernorthoaktree High Systematic Risk
Rivernorth/oaktree's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Rivernorth/oaktree 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-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Rivernorthoaktree High correlated with the market. If Beta is less than 0 Rivernorth/oaktree generally moves in the opposite direction as compared to the market. If Rivernorth/oaktree 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 Rivernorth/oaktree is generally in the same direction as the market. If Beta > 1 Rivernorth/oaktree moves generally in the same direction as, but more than the movement of the benchmark.
Rivernorth/oaktree November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Rivernorth/oaktree 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 Rivernorth/oaktree Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Rivernorth/oaktree's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.1337 | |||
| Information Ratio | (1.10) | |||
| Maximum Drawdown | 0.4535 | |||
| Value At Risk | (0.11) | |||
| Potential Upside | 0.2252 |
Other Information on Investing in Rivernorth/oaktree Mutual Fund
Rivernorth/oaktree financial ratios help investors to determine whether Rivernorth/oaktree 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/oaktree with respect to the benefits of owning Rivernorth/oaktree security.
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