RiverNorth Flexible Valuation
| RFM Etf | USD 15.54 0.05 0.32% |
At this time, the etf appears to be fairly valued. RiverNorth Flexible holds a recent Real Value of $15.49 per share. The prevailing price of the etf is $15.54. Our model determines the value of RiverNorth Flexible from analyzing the etf fundamentals such as Earnings Per Share of 1.96 X, last dividend paid of 1.27, and Shares Outstanding of 6.11 M as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that RiverNorth Flexible's price fluctuation is very steady at this time. Calculation of the real value of RiverNorth Flexible is based on 3 months time horizon. Increasing RiverNorth Flexible's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the RiverNorth etf is determined by what a typical buyer is willing to pay for full or partial control of RiverNorth Flexible Municipalome. Since RiverNorth Flexible is currently traded on the exchange, buyers and sellers on that exchange determine the market value of RiverNorth Etf. However, RiverNorth Flexible's 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 15.54 | Real 15.49 | Hype 15.54 | Naive 15.24 |
The intrinsic value of RiverNorth Flexible'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 Flexible'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 Flexible Municipalome helps investors to forecast how RiverNorth etf'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 Flexible more accurately as focusing exclusively on RiverNorth Flexible's fundamentals will not take into account other important factors: RiverNorth Flexible Total Value Analysis
RiverNorth Flexible Municipalome is at this time forecasted to have company total value of 94.29 M with market capitalization of 94.29 M, debt of , and cash on hands of . Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the RiverNorth Flexible fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
94.29 M | 94.29 M |
RiverNorth Flexible Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The recent return on assets of RiverNorth suggests not a very effective usage of assets in February.RiverNorth Flexible Ownership Allocation
The market capitalization of RiverNorth Flexible is $94.29 Million. Roughly 89.24 pct. of RiverNorth Flexible outstanding shares are held by general public with 10.76 (%) by third-party entities. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the etf is less than the current market value, you may not be able generate positive returns on investment in the long run.About RiverNorth Flexible Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of RiverNorth Flexible Municipalome. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of RiverNorth Flexible based exclusively on its fundamental and basic technical indicators. By analyzing RiverNorth Flexible's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of RiverNorth Flexible's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of RiverNorth Flexible. We calculate exposure to RiverNorth Flexible's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of RiverNorth Flexible's related companies.Other Information on Investing in RiverNorth Etf
RiverNorth Flexible 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 Flexible security.