RiverNorth Managed Valuation
| RMM Etf | USD 15.25 0.09 0.59% |
At this time, the etf appears to be overvalued. RiverNorth Managed holds a recent Real Value of $14.73 per share. The prevailing price of the etf is $15.25. Our model determines the value of RiverNorth Managed from analyzing the etf fundamentals such as Number Of Shares Shorted of 64.49 K, return on equity of -16.66, and Price To Book of 0.93 X as well as examining its technical indicators and probability of bankruptcy.
Price Book 0.9319 | Price Sales 11.9055 | Trailing PE 11.9141 | Enterprise Value Revenue 19.8515 |
Overvalued
Today
Please note that RiverNorth Managed's price fluctuation is very steady at this time. Calculation of the real value of RiverNorth Managed is based on 3 months time horizon. Increasing RiverNorth Managed'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 Managed Duration. Since RiverNorth Managed is currently traded on the exchange, buyers and sellers on that exchange determine the market value of RiverNorth Etf. However, RiverNorth Managed'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 15.25 | Real 14.73 | Hype 15.25 | Naive 15.32 |
The intrinsic value of RiverNorth Managed'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 Managed'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 Managed Duration 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 Managed more accurately as focusing exclusively on RiverNorth Managed's fundamentals will not take into account other important factors: RiverNorth Managed Total Value Analysis
RiverNorth Managed Duration is at this time expected to have company total value of 0 with market capitalization of 301.03 M, debt of 202.1 M, 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 Managed fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
0 | 301.03 M | 202.1 M |
RiverNorth Managed 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 November.RiverNorth Managed Ownership Allocation
RiverNorth Managed owns a total of 19.74 Million outstanding shares. Roughly 88.15 pct. of RiverNorth Managed outstanding shares are held by general public with 11.85 (%) by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the etf is less than the current market value, you may not be able to make money on it.RiverNorth Managed Profitability Analysis
The company reported the last year's revenue of 25.43 M. Total Income to common stockholders was 25.27 M with profit before taxes, overhead, and interest of 0.RiverNorth Managed Past Distributions to stockholders
About RiverNorth Managed Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of RiverNorth Managed Duration. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of RiverNorth Managed based exclusively on its fundamental and basic technical indicators. By analyzing RiverNorth Managed's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of RiverNorth Managed's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of RiverNorth Managed. We calculate exposure to RiverNorth Managed's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of RiverNorth Managed's related companies.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.
A single share of RiverNorth Managed represents a small ownership stake in the entity. As a stockholder of RiverNorth, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
RiverNorth Managed Dividends Analysis For Valuation
There are various types of dividends RiverNorth Managed can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of RiverNorth shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from RiverNorth Managed Duration directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When RiverNorth pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of RiverNorth Managed by the value of the dividends paid out.
RiverNorth Managed Growth Indicators
Investing in growth stocks can be very risky. If the company such as RiverNorth Managed does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 19.8 M |
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.