Rivernorth Flexible Municipalome Etf Book Value Per Share
| RFM Etf | USD 15.67 0.03 0.19% |
RiverNorth Flexible Municipalome fundamentals help investors to digest information that contributes to RiverNorth Flexible's financial success or failures. It also enables traders to predict the movement of RiverNorth Etf. The fundamental analysis module provides a way to measure RiverNorth Flexible's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to RiverNorth Flexible etf.
RiverNorth |
RiverNorth Flexible Municipalome ETF Book Value Per Share Analysis
RiverNorth Flexible's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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In accordance with the recently published financial statements, the book value per share of RiverNorth Flexible Municipalome is about 0.0 times. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Book Value Per Share (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
RiverNorth Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RiverNorth Flexible's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of RiverNorth Flexible could also be used in its relative valuation, which is a method of valuing RiverNorth Flexible by comparing valuation metrics of similar companies.RiverNorth Flexible is currently under evaluation in book value per share as compared to similar ETFs.
RiverNorth Fundamentals
| Shares Outstanding | 6.11 M | |||
| Shares Owned By Institutions | 10.76 % | |||
| Number Of Shares Shorted | 10.54 K | |||
| Price To Earning | 7.82 X | |||
| Short Ratio | 0.63 X | |||
| Earnings Per Share | 1.96 X | |||
| Market Capitalization | 94.29 M | |||
| Last Dividend Paid | 1.27 |
About RiverNorth Flexible Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze RiverNorth Flexible Municipalome's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RiverNorth Flexible using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RiverNorth Flexible Municipalome 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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RiverNorth Flexible 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 Flexible security.