Rivernorth Opportunistic Municipalome Fund Manager Performance Evaluation
| RMI Fund | USD 16.04 0.08 0.50% |
The fund holds a Beta of 0.0045, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rivernorth Opportunistic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rivernorth Opportunistic is expected to be smaller as well.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Rivernorth Opportunistic Municipalome are ranked lower than 6 (%) of all funds and portfolios of funds over the last 90 days. Despite fairly strong primary indicators, Rivernorth Opportunistic is not utilizing all of its potentials. The recent stock price confusion, may contribute to short-horizon losses for the traders.
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| Expense Ratio | 3.0100 |
Rivernorth |
Rivernorth Opportunistic Relative Risk vs. Return Landscape
If you would invest 1,561 in Rivernorth Opportunistic Municipalome on September 2, 2024 and sell it today you would earn a total of 43.00 from holding Rivernorth Opportunistic Municipalome or generate 2.75% return on investment over 90 days. Rivernorth Opportunistic Municipalome is generating 0.0437% of daily returns assuming volatility of 0.5107% on return distribution over 90 days investment horizon. In other words, 4% of funds 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 Opportunistic Current Valuation
Undervalued
Today
Please note that Rivernorth Opportunistic's price fluctuation is very steady at this time. At this time, the fund appears to be undervalued. Rivernorth Opportunistic holds a recent Real Value of $17.45 per share. The prevailing price of the fund is $16.04. 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 16.04 | Real 17.45 | Hype 16.03 |
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 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rivernorth Opportunistic's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Rivernorth Opportunistic Municipalome, and traders can use it to determine the average amount a Rivernorth Opportunistic'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 = 0.0857
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RMI |
Estimated Market Risk
| 0.51 actual daily | 4 96% 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 | 6 94% of assets perform better |
Based on monthly moving average Rivernorth Opportunistic is performing at about 6% 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 Opportunistic by adding it to a well-diversified portfolio.
Rivernorth Opportunistic Fundamentals Growth
Rivernorth Fund prices reflect investors' perceptions of the future prospects and financial health of Rivernorth Opportunistic, and Rivernorth Opportunistic 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 Fund performance.
| Shares Outstanding | 6.37 M | ||||
| Price To Earning | 11.82 X | ||||
| Earnings Per Share | 1.40 X | ||||
About Rivernorth Opportunistic Performance
By evaluating Rivernorth Opportunistic's fundamental ratios, stakeholders can gain valuable insights into Rivernorth Opportunistic's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Rivernorth Opportunistic 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 Opportunistic has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Rivernorth Opportunistic is entity of United States. It is traded as Fund on NYSE exchange.Things to note about Rivernorth Opportunistic performance evaluation
Checking the ongoing alerts about Rivernorth Opportunistic for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Rivernorth Opportunistic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -2.0% |
- Analyzing Rivernorth Opportunistic's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Rivernorth Opportunistic's stock is overvalued or undervalued compared to its peers.
- Examining Rivernorth Opportunistic's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Rivernorth Opportunistic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Rivernorth Opportunistic's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Rivernorth Opportunistic's fund. These opinions can provide insight into Rivernorth Opportunistic's potential for growth and whether the stock is currently undervalued or overvalued.
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.
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |