Rivernorth Managed Duration Etf Cash Per Share
| RMM Etf | USD 15.49 0.24 1.57% |
RiverNorth Managed Duration fundamentals help investors to digest information that contributes to RiverNorth Managed'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 Managed'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 Managed etf.
RiverNorth |
RiverNorth Managed Duration ETF Cash Per Share Analysis
RiverNorth Managed's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
| Competition |
In accordance with the recently published financial statements, RiverNorth Managed Duration has a Cash Per Share of 0.0 times. This indicator is about the same for the Capital Markets average (which is currently at 0.0) family and about the same as Financials (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 Cash Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RiverNorth Managed's direct or indirect competition against its Cash 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 Managed could also be used in its relative valuation, which is a method of valuing RiverNorth Managed by comparing valuation metrics of similar companies.RiverNorth Managed is currently under evaluation in cash per share as compared to similar ETFs.
RiverNorth Fundamentals
| Return On Equity | -16.66 | ||||
| Shares Outstanding | 19.74 M | ||||
| Shares Owned By Institutions | 11.85 % | ||||
| Number Of Shares Shorted | 64.49 K | ||||
| Price To Earning | 7.85 X | ||||
| Price To Book | 0.93 X | ||||
| Price To Sales | 11.91 X | ||||
| Revenue | 25.43 M | ||||
| EBITDA | 25.27 M | ||||
| Net Income | 25.27 M | ||||
| Total Debt | 202.1 M | ||||
| Cash Flow From Operations | 37.67 M | ||||
| Short Ratio | 1.42 X | ||||
| Earnings Per Share | 1.28 X | ||||
| Market Capitalization | 301.03 M | ||||
| Total Asset | 529.97 M | ||||
| Retained Earnings | (15.7 M) | ||||
| Annual Yield | 0.09 % | ||||
| Net Asset | 529.97 M |
About RiverNorth Managed Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze RiverNorth Managed Duration's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RiverNorth Managed using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RiverNorth Managed Duration 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 Managed 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 Managed security.