Rivernorth Flexible Municipalome Etf Performance
| RFM Etf | USD 14.83 0.05 0.34% |
The etf holds a Beta of 0.19, which implies not very significant fluctuations relative to the market. As returns on the market increase, RiverNorth Flexible's returns are expected to increase less than the market. However, during the bear market, the loss of holding RiverNorth Flexible is expected to be smaller as well.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in RiverNorth Flexible Municipalome are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy technical and fundamental indicators, RiverNorth Flexible is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Disposition of 12200 shares by Rivernorth Capital Management, Llc of RiverNorth Flexible at 23.59 subject to Rule 16b-3 | 12/30/2024 |
2 | First Week of October 17th Options Trading For Hilton Grand Vacations - Nasdaq | 02/21/2025 |
3 | Disposition of 2200 shares by Rivernorth Capital Management, Llc of RiverNorth Flexible at 24.4 subject to Rule 16b-3 | 03/05/2025 |
4 | Virtu Financial LLC Takes Position in RiverNorth Flexible Municipal Income Fund, Inc. | 03/27/2025 |
RiverNorth |
RiverNorth Flexible Relative Risk vs. Return Landscape
If you would invest 1,458 in RiverNorth Flexible Municipalome on December 29, 2024 and sell it today you would earn a total of 25.00 from holding RiverNorth Flexible Municipalome or generate 1.71% return on investment over 90 days. RiverNorth Flexible Municipalome is generating 0.0291% of daily returns assuming volatility of 0.5065% on return distribution over 90 days investment horizon. In other words, 4% 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 Flexible Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for RiverNorth Flexible's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as RiverNorth Flexible Municipalome, and traders can use it to determine the average amount a RiverNorth Flexible'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 = 0.0575
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Estimated Market Risk
| 0.51 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average RiverNorth Flexible is performing at about 4% 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 Flexible by adding it to a well-diversified portfolio.
RiverNorth Flexible Fundamentals Growth
RiverNorth Etf prices reflect investors' perceptions of the future prospects and financial health of RiverNorth Flexible, and RiverNorth Flexible 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 | 6.11 M | |||
| Price To Earning | 7.82 X | |||
| Earnings Per Share | 1.96 X | |||
About RiverNorth Flexible Performance
By examining RiverNorth Flexible's fundamental ratios, stakeholders can obtain critical insights into RiverNorth Flexible's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that RiverNorth Flexible is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
RiverNorth Flexible is entity of United States. It is traded as Etf on NYSE exchange.| Latest headline from thelincolnianonline.com: Virtu Financial LLC Takes Position in RiverNorth Flexible Municipal Income Fund, Inc. |
Other Information on Investing in RiverNorth Etf
RiverNorth Flexible 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 Flexible security.