Rivernorth Managed Duration Etf Performance
| RMM Etf | USD 14.90 0.04 0.27% |
The etf holds a Beta of 0.0048, which implies not very significant fluctuations relative to the market. As returns on the market increase, RiverNorth Managed's returns are expected to increase less than the market. However, during the bear market, the loss of holding RiverNorth Managed is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days RiverNorth Managed Duration has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy primary indicators, RiverNorth Managed is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Forward Dividend Yield 0.085 | Payout Ratio 1.1481 | Forward Dividend Rate 1.09 | Dividend Date 2023-03-31 | Ex Dividend Date 2023-11-14 |
1 | Acquisition by Schmucker Brian H of 2000 shares of RiverNorth Managed at 17.28 subject to Rule 16b-3 | 11/19/2024 |
2 | Disposition of 5000 shares by Rivernorth Capital Management, Llc of RiverNorth Managed subject to Rule 16b-3 | 11/22/2024 |
| RiverNorth Managed dividend paid on 29th of November 2024 | 11/29/2024 |
| RiverNorth Managed dividend paid on 31st of December 2024 | 12/31/2024 |
3 | Disposition of tradable shares by Mohrhardt Jonathan M. of RiverNorth Managed subject to Rule 16b-3 | 01/17/2025 |
| Begin Period Cash Flow | 5 M |
RiverNorth |
RiverNorth Managed Relative Risk vs. Return Landscape
If you would invest 1,509 in RiverNorth Managed Duration on November 3, 2024 and sell it today you would lose (19.00) from holding RiverNorth Managed Duration or give up 1.26% of portfolio value over 90 days. RiverNorth Managed Duration is generating negative expected returns assuming volatility of 0.6948% on return distribution over 90 days investment horizon. In other words, 6% of etfs 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 Managed Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for RiverNorth Managed's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as RiverNorth Managed Duration, and traders can use it to determine the average amount a RiverNorth Managed's 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 = -0.0265
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| Negative Returns | RMM |
Estimated Market Risk
| 0.69 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average RiverNorth Managed is not performing at its full potential. However, 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 Managed by adding RiverNorth Managed to a well-diversified portfolio.
RiverNorth Managed Fundamentals Growth
RiverNorth Etf prices reflect investors' perceptions of the future prospects and financial health of RiverNorth Managed, and RiverNorth Managed 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 Etf performance.
| Return On Equity | -16.66 | ||||
| Shares Outstanding | 19.74 M | ||||
| Price To Earning | 7.85 X | ||||
| Price To Book | 0.91 X | ||||
| Price To Sales | 11.56 X | ||||
| Revenue | 25.43 M | ||||
| EBITDA | 25.27 M | ||||
| Total Debt | 202.1 M | ||||
| Cash Flow From Operations | 37.67 M | ||||
| Earnings Per Share | 1.28 X | ||||
| Total Asset | 529.97 M | ||||
| Retained Earnings | (15.7 M) | ||||
About RiverNorth Managed Performance
By examining RiverNorth Managed's fundamental ratios, stakeholders can obtain critical insights into RiverNorth Managed's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that RiverNorth Managed is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Rivernorth Managed Duration Municipal Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. Rivernorth Managed is listed under Asset Management in the United States and is traded on New York Stock Exchange exchange.| RiverNorth Managed generated a negative expected return over the last 90 days | |
| RiverNorth Managed has high likelihood to experience some financial distress in the next 2 years | |
| On 31st of December 2024 RiverNorth Managed paid $ 0.0916 per share dividend to its current shareholders | |
| The fund maintains all of the assets in different exotic instruments |
Other Information on Investing in RiverNorth Etf
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.