Rivernorth Opportunities Fund Fundamentals
| RIV Fund | USD 12.25 0.15 1.24% |
Rivernorth Opportunities fundamentals help investors to digest information that contributes to Rivernorth Opportunities' financial success or failures. It also enables traders to predict the movement of Rivernorth Fund. The fundamental analysis module provides a way to measure Rivernorth Opportunities' 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 Opportunities fund.
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Rivernorth Opportunities Fund Price To Earning Analysis
Rivernorth Opportunities' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Rivernorth Opportunities Price To Earning | 6.82 X |
Most of Rivernorth Opportunities' fundamental indicators, such as Price To Earning, 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, Rivernorth Opportunities is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Rivernorth Opportunities has a Price To Earning of 6.82 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The price to earning for all United States funds is notably lower than that of the firm.
Rivernorth Opportunities Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rivernorth Opportunities's current stock value. Our valuation model uses many indicators to compare Rivernorth Opportunities value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rivernorth Opportunities competition to find correlations between indicators driving Rivernorth Opportunities's intrinsic value. More Info.Rivernorth Opportunities is rated below average in price to earning among similar funds. It is rated below average in beta among similar funds totaling about 0.06 of Beta per Price To Earning. The ratio of Price To Earning to Beta for Rivernorth Opportunities is roughly 17.05 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Rivernorth Opportunities by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Rivernorth Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rivernorth Opportunities' direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Rivernorth Opportunities could also be used in its relative valuation, which is a method of valuing Rivernorth Opportunities by comparing valuation metrics of similar companies.Rivernorth Opportunities is currently under evaluation in price to earning among similar funds.
Rivernorth Fundamentals
| Shares Outstanding | 12.97 M | ||||
| Shares Owned By Insiders | 1.35 % | ||||
| Shares Owned By Institutions | 15.67 % | ||||
| Number Of Shares Shorted | 588.69 K | ||||
| Price To Earning | 6.82 X | ||||
| Short Ratio | 3.67 X | ||||
| Earnings Per Share | 1.81 X | ||||
| Beta | 0.4 | ||||
| Market Capitalization | 280.96 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 3.17 % | ||||
| One Year Return | 14.70 % | ||||
| Three Year Return | 4.83 % | ||||
| Five Year Return | 7.10 % | ||||
| Last Dividend Paid | 2.04 |
About Rivernorth Opportunities Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Rivernorth Opportunities's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rivernorth Opportunities using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rivernorth Opportunities based on its fundamental data. In general, a quantitative approach, as applied to this fund, 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.RiverNorth Opportunities Fund, Inc. is a close ended equity mutual fund co- launched and co- managed by ALPS Advisors, Inc. and RiverNorth Capital Management, LLC. It invests in the equity markets. The fund seeks to invest in stocks of companies operating across the diversified sectors. RiverNorth Opportunities Fund, Inc. was formed on December 24, 2015 and is domiciled in the United States.
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Other Information on Investing in Rivernorth Fund
Rivernorth Opportunities financial ratios help investors to determine whether Rivernorth 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 with respect to the benefits of owning Rivernorth Opportunities security.
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