Rivernorth Opportunities Fund Manager Performance Evaluation
| RIV Fund | USD 12.36 0.01 0.08% |
The fund holds a Beta of 0.24, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rivernorth Opportunities' returns are expected to increase less than the market. However, during the bear market, the loss of holding Rivernorth Opportunities is expected to be smaller as well.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Rivernorth Opportunities are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly stable forward indicators, Rivernorth Opportunities is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors.
...more1 | RIV Capital Provides Update on Revenue Performance and Synergy Realization Ahead of Anticipated Business Combination - Yahoo Canada Finance | 10/24/2024 |
| Expense Ratio | 3.7200 |
Rivernorth |
Rivernorth Opportunities Relative Risk vs. Return Landscape
If you would invest 1,182 in Rivernorth Opportunities on August 28, 2024 and sell it today you would earn a total of 54.00 from holding Rivernorth Opportunities or generate 4.57% return on investment over 90 days. Rivernorth Opportunities is generating 0.0716% of daily returns assuming volatility of 0.6064% on return distribution over 90 days investment horizon. In other words, 5% of funds are less volatile than Rivernorth, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Rivernorth Opportunities Current Valuation
Fairly Valued
Today
Please note that Rivernorth Opportunities' price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Rivernorth Opportunities holds a recent Real Value of $12.35 per share. The prevailing price of the fund is $12.36. We determine the value of Rivernorth Opportunities from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support buying undervalued funds and disposing overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
The fair value of the Rivernorth fund is determined by what a typical buyer is willing to pay for full or partial control of Rivernorth Opportunities. Since Rivernorth Opportunities is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Rivernorth Fund. However, Rivernorth Opportunities' intrinsic value may or may not be the same as its current market price, 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 12.36 | Real 12.35 | Hype 12.36 | Naive 12.27 |
The intrinsic value of Rivernorth Opportunities' 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 Opportunities' 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 Opportunities helps investors to forecast how Rivernorth fund'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 Opportunities more accurately as focusing exclusively on Rivernorth Opportunities' fundamentals will not take into account other important factors: Rivernorth Opportunities Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rivernorth Opportunities' investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Rivernorth Opportunities, and traders can use it to determine the average amount a Rivernorth Opportunities' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1181
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | RIV | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Rivernorth Opportunities is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Rivernorth Opportunities by adding it to a well-diversified portfolio.
Rivernorth Opportunities Fundamentals Growth
Rivernorth Fund prices reflect investors' perceptions of the future prospects and financial health of Rivernorth Opportunities, and Rivernorth Opportunities fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Rivernorth Fund performance.
| Shares Outstanding | 12.97 M | ||||
| Price To Earning | 6.82 X | ||||
| Earnings Per Share | 1.81 X | ||||
About Rivernorth Opportunities Performance
Evaluating Rivernorth Opportunities' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Rivernorth Opportunities has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Rivernorth Opportunities has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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.Things to note about Rivernorth Opportunities performance evaluation
Checking the ongoing alerts about Rivernorth Opportunities for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Rivernorth Opportunities help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Rivernorth Opportunities' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Rivernorth Opportunities' fund performance include:- Analyzing Rivernorth Opportunities' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Rivernorth Opportunities' stock is overvalued or undervalued compared to its peers.
- Examining Rivernorth Opportunities' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Rivernorth Opportunities' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Rivernorth Opportunities' management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Rivernorth Opportunities' fund. These opinions can provide insight into Rivernorth Opportunities' potential for growth and whether the stock is currently undervalued or overvalued.
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.
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |