Rivernorth Managed Duration Etf Performance
| RMMZ Etf | USD 15.51 0.10 0.65% |
The etf holds a Beta of 0.0516, which implies not very significant fluctuations relative to the market. As returns on the market increase, RiverNorth Managed's returns are expected to increase less than the market. However, during the bear market, the loss of holding RiverNorth Managed is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days RiverNorth Managed Duration has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong primary indicators, RiverNorth Managed is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
Forward Dividend Yield 0.0822 | Payout Ratio 1.4729 | Forward Dividend Rate 1.17 | Ex Dividend Date 2023-11-14 |
| RiverNorth Managed dividend paid on 31st of October 2024 | 10/31/2024 |
1 | Acquisition by Dimella Robert A of 10000 shares of RiverNorth Managed at 18.9946 subject to Rule 16b-3 | 11/06/2024 |
2 | Disposition of 47687 shares by Rivernorth Capital Management, Llc of RiverNorth Managed subject to Rule 16b-3 | 11/22/2024 |
| RiverNorth Managed dividend paid on 29th of November 2024 | 11/29/2024 |
3 | Stifel Financial Corp Sells 3,717 Shares of RiverNorth Managed Duration Municipal Income Fund II, Inc. - Defense World | 12/27/2024 |
| RiverNorth Managed dividend paid on 31st of December 2024 | 12/31/2024 |
| Price Earnings Ratio | 11.797 |
RiverNorth |
RiverNorth Managed Relative Risk vs. Return Landscape
If you would invest 1,570 in RiverNorth Managed Duration on October 24, 2024 and sell it today you would lose (19.00) from holding RiverNorth Managed Duration or give up 1.21% of portfolio value over 90 days. RiverNorth Managed Duration is currently does not generate positive expected returns and assumes 0.6987% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than RiverNorth, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
RiverNorth Managed Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for RiverNorth Managed's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as RiverNorth Managed Duration, and traders can use it to determine the average amount a RiverNorth Managed'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 = -0.0256
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| Negative Returns | RMMZ |
Estimated Market Risk
| 0.7 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average RiverNorth Managed is not performing at its full potential. However, 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 Managed by adding RiverNorth Managed to a well-diversified portfolio.
RiverNorth Managed Fundamentals Growth
RiverNorth Etf prices reflect investors' perceptions of the future prospects and financial health of RiverNorth Managed, and RiverNorth Managed 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 | 8.46 M | ||||
| Price To Book | 0.90 X | ||||
| Price To Sales | 11.68 X | ||||
| Total Debt | 92.97 M | ||||
| Earnings Per Share | 1.33 X | ||||
| Total Asset | 241.88 M | ||||
| Retained Earnings | (5.4 M) | ||||
About RiverNorth Managed Performance
Evaluating RiverNorth Managed's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if RiverNorth Managed 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 Managed 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 Managed is entity of United States. It is traded as Etf on NYSE exchange.| RiverNorth Managed generated a negative expected return over the last 90 days | |
| On 31st of December 2024 RiverNorth Managed paid $ 0.0974 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Stifel Financial Corp Sells 3,717 Shares of RiverNorth Managed Duration Municipal Income Fund II, Inc. - Defense World | |
| The fund maintains all of the assets in different exotic instruments |
Other Information on Investing in RiverNorth Etf
RiverNorth Managed 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 Managed security.