Rivernorth Active Income Etf Net Income
| CEFZ Etf | USD 8.38 0.03 0.36% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess RiverNorth Active's long-term financial health and intrinsic value.
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RiverNorth Active Income ETF Net Income Analysis
RiverNorth Active's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Based on the recorded statements, RiverNorth Active Income reported net income of 0.0. This indicator is about the same for the UBS AG average (which is currently at 0.0) family and about the same as Net Income (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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RiverNorth Fundamentals
| Total Asset | 99.39 M | |||
| Net Asset | 99.39 M | |||
| Last Dividend Paid | 0.18 |
About RiverNorth Active Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze RiverNorth Active Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RiverNorth Active using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RiverNorth Active Income based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether RiverNorth Active Income offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RiverNorth Active's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rivernorth Active Income Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Rivernorth Active Income Etf:Check out RiverNorth Active Performance and RiverNorth Active Technical Analysis analysis. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
The market value of RiverNorth Active Income is measured differently than its book value, which is the value of RiverNorth that is recorded on the company's balance sheet. Investors also form their own opinion of RiverNorth Active's value that differs from its market value or its book value, called intrinsic value, which is RiverNorth Active's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RiverNorth Active's market value can be influenced by many factors that don't directly affect RiverNorth Active's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RiverNorth Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if RiverNorth Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RiverNorth Active's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.