Rivernorth Specialty Finance Preferred Stock Current Valuation
| RMPL-PDelisted Preferred Stock | USD 25.29 0.00 0.00% |
Valuation analysis of RiverNorth Specialty helps investors to measure RiverNorth Specialty's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that RiverNorth Specialty's price fluctuation is very steady at this time. Calculation of the real value of RiverNorth Specialty is based on 3 months time horizon. Increasing RiverNorth Specialty's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
RiverNorth Specialty's intrinsic value may or may not be the same as its current market price of 25.29, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 25.29 | Real 21.43 | Hype 25.29 |
The intrinsic value of RiverNorth Specialty's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence RiverNorth Specialty's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of RiverNorth Specialty Finance helps investors to forecast how RiverNorth preferred stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of RiverNorth Specialty more accurately as focusing exclusively on RiverNorth Specialty's fundamentals will not take into account other important factors: RiverNorth Specialty Finance Company Current Valuation Analysis
RiverNorth Specialty's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
CompetitionIn accordance with the recently published financial statements, RiverNorth Specialty Finance has a Current Valuation of 0.0. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Current Valuation (which currently averages 0.0) industry. This indicator is about the same for all United States preferred stocks average (which is currently at 0.0).
RiverNorth Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RiverNorth Specialty's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of RiverNorth Specialty could also be used in its relative valuation, which is a method of valuing RiverNorth Specialty by comparing valuation metrics of similar companies.RiverNorth Specialty is currently under evaluation in current valuation category among its peers.
RiverNorth Fundamentals
| Shares Owned By Institutions | 29.60 % | ||||
| Number Of Shares Shorted | 2.81 K | ||||
| Short Ratio | 1.00 X | ||||
| Total Asset | 108.37 M | ||||
| Annual Yield | 0.06 % | ||||
| Net Asset | 108.37 M |
About RiverNorth Specialty Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze RiverNorth Specialty Finance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RiverNorth Specialty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RiverNorth Specialty Finance based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.
Pair Trading with RiverNorth Specialty
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if RiverNorth Specialty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in RiverNorth Specialty will appreciate offsetting losses from the drop in the long position's value.Moving together with RiverNorth Preferred Stock
Moving against RiverNorth Preferred Stock
The ability to find closely correlated positions to RiverNorth Specialty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RiverNorth Specialty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back RiverNorth Specialty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling RiverNorth Specialty Finance to buy it.
The correlation of RiverNorth Specialty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as RiverNorth Specialty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RiverNorth Specialty moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for RiverNorth Specialty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Other Consideration for investing in RiverNorth Preferred Stock
If you are still planning to invest in RiverNorth Specialty check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the RiverNorth Specialty's history and understand the potential risks before investing.
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