Rivernorth Opportunistic Municipalome Fund Current Valuation
| RMI Fund | USD 16.00 0.01 0.06% |
Valuation analysis of Rivernorth Opportunistic helps investors to measure Rivernorth Opportunistic's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Rivernorth Opportunistic's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Rivernorth Opportunistic holds a recent Real Value of $15.67 per share. The prevailing price of the fund is $16.0. We determine the value of Rivernorth Opportunistic from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support purchasing undervalued funds and trading away overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
Since Rivernorth Opportunistic is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Rivernorth Fund. However, Rivernorth Opportunistic'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 16.0 | Real 15.67 | Hype 16.0 | Naive 15.93 |
The intrinsic value of Rivernorth Opportunistic's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence Rivernorth Opportunistic's stock price.
Estimating the potential upside or downside of Rivernorth Opportunistic Municipalome helps investors to forecast how Rivernorth fund'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 Opportunistic more accurately as focusing exclusively on Rivernorth Opportunistic's fundamentals will not take into account other important factors: Rivernorth Opportunistic Municipalome Fund Current Valuation Analysis
Rivernorth Opportunistic's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Rivernorth Opportunistic Municipalome has a Current Valuation of 0.0. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Muni National Interm (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
Rivernorth Current Valuation 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 Current Valuation 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 current valuation 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 | 8.02 % | |||
| One Year Return | 10.24 % | |||
| Three Year Return | (1.57) % | |||
| Five Year Return | 1.47 % | |||
| 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.
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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.
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