Rivernorth Opportunities Financials
RIV Fund | USD 12.65 0.22 1.77% |
Rivernorth |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Rivernorth Opportunities Fund Summary
Rivernorth Opportunities competes with Aberdeen Income, Putnam High, Cornerstone Strategic, Guggenheim Strategic, and Pimco Dynamic. 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.Specialization | null, Tactical Allocation |
Instrument | USA Fund View All |
Exchange | New York Stock Exchange |
ISIN | US76881Y1091 |
CUSIP | 76881Y109 |
Location | Illinois; U.S.A |
Business Address | 30 Coleman Street, |
Fund Family | Financial Services |
Fund Category | Asset Management |
Benchmark | Dow Jones Industrial |
Website | www.riverandmercantile.com |
Phone | (44) 20 7785 9040 |
Currency | USD - US Dollar |
Rivernorth Opportunities Key Financial Ratios
Rivernorth Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rivernorth Opportunities's current stock value. Our valuation model uses many indicators to compare Rivernorth Opportunities value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rivernorth Opportunities competition to find correlations between indicators driving Rivernorth Opportunities's intrinsic value. More Info.Rivernorth Opportunities is rated below average in price to earning among similar funds. It is rated below average in beta among similar funds totaling about 0.06 of Beta per Price To Earning. The ratio of Price To Earning to Beta for Rivernorth Opportunities is roughly 17.05 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Rivernorth Opportunities by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Rivernorth Opportunities Systematic Risk
Rivernorth Opportunities' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Rivernorth Opportunities volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Rivernorth Opportunities correlated with the market. If Beta is less than 0 Rivernorth Opportunities generally moves in the opposite direction as compared to the market. If Rivernorth Opportunities Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Rivernorth Opportunities is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Rivernorth Opportunities is generally in the same direction as the market. If Beta > 1 Rivernorth Opportunities moves generally in the same direction as, but more than the movement of the benchmark.
Rivernorth Opportunities December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Rivernorth Opportunities help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Rivernorth Opportunities. We use our internally-developed statistical techniques to arrive at the intrinsic value of Rivernorth Opportunities based on widely used predictive technical indicators. In general, we focus on analyzing Rivernorth Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Rivernorth Opportunities's daily price indicators and compare them against related drivers.
Downside Deviation | 0.5436 | |||
Information Ratio | (0.05) | |||
Maximum Drawdown | 2.8 | |||
Value At Risk | (1.03) | |||
Potential Upside | 1.05 |
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.
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