Riverfront Strategic Income Etf Three Year Return
| RIGS Etf | USD 23.20 0.09 0.39% |
RiverFront Strategic Income fundamentals help investors to digest information that contributes to RiverFront Strategic's financial success or failures. It also enables traders to predict the movement of RiverFront Etf. The fundamental analysis module provides a way to measure RiverFront Strategic'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 RiverFront Strategic etf.
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RiverFront Strategic Income ETF Three Year Return Analysis
RiverFront Strategic's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current RiverFront Strategic Three Year Return | 1.40 % |
Most of RiverFront Strategic's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, RiverFront Strategic Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
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Based on the latest financial disclosure, RiverFront Strategic Income has a Three Year Return of 1.4%. This is 75.48% lower than that of the ALPS family and significantly higher than that of the Multisector Bond category. The three year return for all United States etfs is 56.66% higher than that of the company.
RiverFront Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RiverFront Strategic's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of RiverFront Strategic could also be used in its relative valuation, which is a method of valuing RiverFront Strategic by comparing valuation metrics of similar companies.RiverFront Strategic is currently under evaluation in three year return as compared to similar ETFs.
Fund Asset Allocation for RiverFront Strategic
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds.Asset allocation divides RiverFront Strategic's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
RiverFront Fundamentals
| Number Of Employees | 264 | |||
| Beta | 0.65 | |||
| Total Asset | 101.21 M | |||
| One Year Return | 7.20 % | |||
| Three Year Return | 1.40 % | |||
| Five Year Return | 1.90 % | |||
| Ten Year Return | 3.00 % | |||
| Net Asset | 101.21 M | |||
| Last Dividend Paid | 0.062 | |||
| Bond Positions Weight | 8.68 % |
About RiverFront Strategic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze RiverFront Strategic Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RiverFront Strategic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RiverFront Strategic 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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Check out RiverFront Strategic Piotroski F Score and RiverFront Strategic Altman Z Score analysis. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of RiverFront Strategic is measured differently than its book value, which is the value of RiverFront that is recorded on the company's balance sheet. Investors also form their own opinion of RiverFront Strategic's value that differs from its market value or its book value, called intrinsic value, which is RiverFront Strategic'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 RiverFront Strategic's market value can be influenced by many factors that don't directly affect RiverFront Strategic'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 RiverFront Strategic's value and its price as these two are different measures arrived at by different means. Investors typically determine if RiverFront Strategic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RiverFront Strategic'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.