Rivernorth Managed Duration Etf Alpha and Beta Analysis
| RMMZ Etf | USD 15.60 0.07 0.45% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as RiverNorth Managed Duration. It also helps investors analyze the systematic and unsystematic risks associated with investing in RiverNorth Managed over a specified time horizon. Remember, high RiverNorth Managed's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to RiverNorth Managed's market risk premium analysis include:
Beta 0.0569 | Alpha (0.01) | Risk 0.54 | Sharpe Ratio 0.0138 | Expected Return 0.0074 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
RiverNorth |
RiverNorth Managed Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. RiverNorth Managed market risk premium is the additional return an investor will receive from holding RiverNorth Managed long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in RiverNorth Managed. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate RiverNorth Managed's performance over market.| α | -0.01 | β | 0.06 |
RiverNorth Managed expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of RiverNorth Managed's Buy-and-hold return. Our buy-and-hold chart shows how RiverNorth Managed performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.RiverNorth Managed Market Price Analysis
Market price analysis indicators help investors to evaluate how RiverNorth Managed etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RiverNorth Managed shares will generate the highest return on investment. By understating and applying RiverNorth Managed etf market price indicators, traders can identify RiverNorth Managed position entry and exit signals to maximize returns.
RiverNorth Managed Return and Market Media
The median price of RiverNorth Managed for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 15.82 with a coefficient of variation of 1.53. The daily time series for the period is distributed with a sample standard deviation of 0.24, arithmetic mean of 15.89, and mean deviation of 0.21. The Etf received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Wedbush Securities Inc. Sells 1,930 Shares of Capital Group Growth ETF - Defense World | 09/12/2024 |
| RiverNorth Managed dividend paid on 30th of September 2024 | 09/30/2024 |
2 | RiverNorth Managed Duration Municipal Income Fund II declares 0.0974 dividend | 10/02/2024 |
3 | RiverNorth Managed Duration Municipal Income Fund II, Inc. Announces Monthly Dividend of 0.10 | 10/14/2024 |
| RiverNorth Managed dividend paid on 31st of October 2024 | 10/31/2024 |
4 | Acquisition by Dimella Robert A of 10000 shares of RiverNorth Managed at 18.9946 subject to Rule 16b-3 | 11/06/2024 |
5 | Disposition of 1000 shares by Galley Patrick W. of RiverNorth Managed at 15.79 subject to Rule 16b-3 | 11/22/2024 |
About RiverNorth Managed Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including RiverNorth or other etfs. Alpha measures the amount that position in RiverNorth Managed has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards RiverNorth Managed in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, RiverNorth Managed's short interest history, or implied volatility extrapolated from RiverNorth Managed options trading.
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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.