Rivernorth Opportunities Fund Three Year Return
RIV Fund | USD 12.35 0.13 1.04% |
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 Three Year Return Analysis
Rivernorth Opportunities' 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.
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Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Rivernorth Opportunities Three Year Return | 3.21 % |
Most of Rivernorth Opportunities' 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, Rivernorth Opportunities 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, Rivernorth Opportunities has a Three Year Return of 3.2109%. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The three year return for all United States funds is notably lower than that of the firm.
Rivernorth Three Year Return 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 Three Year Return 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 three year return 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 | 12.55 % | ||||
One Year Return | 17.83 % | ||||
Three Year Return | 3.21 % | ||||
Five Year Return | 7.67 % | ||||
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.
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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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