Rivernorth Opportunistic Municipalome Fund Annual Yield
| RMI Fund | USD 16.07 0.03 0.19% |
Rivernorth Opportunistic Municipalome fundamentals help investors to digest information that contributes to Rivernorth Opportunistic's financial success or failures. It also enables traders to predict the movement of Rivernorth Fund. The fundamental analysis module provides a way to measure Rivernorth Opportunistic's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Rivernorth Opportunistic fund.
Rivernorth |
Rivernorth Opportunistic Municipalome Fund Annual Yield Analysis
Rivernorth Opportunistic's Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Current Rivernorth Opportunistic Annual Yield | 0 % |
Most of Rivernorth Opportunistic's fundamental indicators, such as Annual Yield, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Rivernorth Opportunistic Municipalome is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
| Competition |
In accordance with the recently published financial statements, Rivernorth Opportunistic Municipalome has an Annual Yield of 0.0046%. This is much higher than that of the family and significantly higher than that of the Muni National Interm category. The annual yield for all United States funds is notably lower than that of the firm.
Rivernorth Annual Yield Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rivernorth Opportunistic's direct or indirect competition against its Annual Yield to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Rivernorth Opportunistic could also be used in its relative valuation, which is a method of valuing Rivernorth Opportunistic by comparing valuation metrics of similar companies.Rivernorth Opportunistic is currently under evaluation in annual yield among similar funds.
Rivernorth Fundamentals
| Shares Outstanding | 6.37 M | ||||
| Shares Owned By Institutions | 14.56 % | ||||
| Number Of Shares Shorted | 1.89 K | ||||
| Price To Earning | 11.82 X | ||||
| Short Ratio | 0.12 X | ||||
| Earnings Per Share | 1.40 X | ||||
| Market Capitalization | 117.27 M | ||||
| Annual Yield | 0 % | ||||
| Year To Date Return | 7.77 % | ||||
| One Year Return | 10.64 % | ||||
| Three Year Return | (1.81) % | ||||
| Five Year Return | 1.53 % | ||||
| Last Dividend Paid | 1.25 |
About Rivernorth Opportunistic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Rivernorth Opportunistic Municipalome's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rivernorth Opportunistic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rivernorth Opportunistic Municipalome based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
Other Information on Investing in Rivernorth Fund
Rivernorth Opportunistic 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 Opportunistic security.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |