Rivernorth Specialty Finance Etf Performance
| RSF Etf | USD 15.14 0.11 0.72% |
The etf holds a Beta of 0.14, which implies not very significant fluctuations relative to the market. As returns on the market increase, RiverNorth Specialty's returns are expected to increase less than the market. However, during the bear market, the loss of holding RiverNorth Specialty is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in RiverNorth Specialty Finance are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable basic indicators, RiverNorth Specialty is not utilizing all of its potentials. The recent stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
1 | Acquisition by Galley Patrick W. of 16211 shares of RiverNorth Specialty at 15.84 subject to Rule 16b-3 | 09/27/2024 |
2 | Update RiverNorth Capital and Income Fund, Inc. to Redeem Its Outstanding 5.875 percent Series A Term Preferred Stock | 09/30/2024 |
3 | Freedom of the press is waning. The next president can fix that. | 10/01/2024 |
4 | Russians feared dead after plane shot down in Sudan | 10/22/2024 |
5 | Acquisition by Galley Patrick W. of 700 shares of RiverNorth Specialty at 25.28 subject to Rule 16b-3 | 10/24/2024 |
6 | Toll From Sudan Paramilitary Attack Jumps To 120 Minister - Barrons | 10/28/2024 |
7 | Short Interest in RiverNorth Capital and Income Fund, Inc. Declines By 64.3 | 11/13/2024 |
8 | Horrendous massacre over 100 killed in Sudanese air strike on Darfur market | 12/10/2024 |
| Expense Ratio | 2.9900 |
RiverNorth |
RiverNorth Specialty Relative Risk vs. Return Landscape
If you would invest 1,478 in RiverNorth Specialty Finance on September 20, 2024 and sell it today you would earn a total of 36.10 from holding RiverNorth Specialty Finance or generate 2.44% return on investment over 90 days. RiverNorth Specialty Finance is generating 0.0386% of daily returns assuming volatility of 0.4298% on return distribution over 90 days investment horizon. In other words, 3% 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 Specialty Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for RiverNorth Specialty's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as RiverNorth Specialty Finance, and traders can use it to determine the average amount a RiverNorth Specialty'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 = 0.0899
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| Negative Returns | RSF |
Estimated Market Risk
| 0.43 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average RiverNorth Specialty is performing at about 7% 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 Specialty by adding it to a well-diversified portfolio.
RiverNorth Specialty Fundamentals Growth
RiverNorth Etf prices reflect investors' perceptions of the future prospects and financial health of RiverNorth Specialty, and RiverNorth Specialty 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.
| Shares Outstanding | 4.56 M | ||||
| Price To Earning | 4.98 X | ||||
| Earnings Per Share | 3.49 X | ||||
About RiverNorth Specialty Performance
By analyzing RiverNorth Specialty's fundamental ratios, stakeholders can gain valuable insights into RiverNorth Specialty's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if RiverNorth Specialty 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 Specialty has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
RiverNorth Specialty is entity of United States. It is traded as Etf on NYSE exchange.| Latest headline from scmp.com: Horrendous massacre over 100 killed in Sudanese air strike on Darfur market |
Other Information on Investing in RiverNorth Etf
RiverNorth Specialty 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 Specialty security.