RiverNorth Flexible Valuation
| RFMZ Etf | USD 14.22 0.05 0.35% |
At this time, the etf appears to be fairly valued. RiverNorth Flexible holds a recent Real Value of $14.11 per share. The prevailing price of the etf is $14.22. Our model determines the value of RiverNorth Flexible from analyzing the etf fundamentals such as Shares Outstanding of 24.35 M, price to sales of 10.84 X, and Number Of Shares Shorted of 5.68 K as well as examining its technical indicators and probability of bankruptcy.
Price Book 0.9111 | Price Sales 10.8388 | Trailing PE 10.854 | Enterprise Value Revenue 18.3258 |
Fairly Valued
Today
Please note that RiverNorth Flexible's price fluctuation is very steady at this time. Calculation of the real value of RiverNorth Flexible is based on 3 months time horizon. Increasing RiverNorth Flexible's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since RiverNorth Flexible is currently traded on the exchange, buyers and sellers on that exchange determine the market value of RiverNorth Etf. However, RiverNorth Flexible'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 14.22 | Real 14.11 | Hype 14.22 | Naive 14.32 |
The intrinsic value of RiverNorth Flexible's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence RiverNorth Flexible's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of RiverNorth Flexible Municipalome helps investors to forecast how RiverNorth etf'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 Flexible more accurately as focusing exclusively on RiverNorth Flexible's fundamentals will not take into account other important factors: RiverNorth Flexible Total Value Analysis
RiverNorth Flexible Municipalome is at this time expected to have valuation of 0 with market capitalization of 346.25 M, debt of 242.67 M, and cash on hands of . Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the RiverNorth Flexible fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
0 | 346.25 M | 242.67 M |
RiverNorth Flexible Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of RiverNorth suggests not a very effective usage of assets in February.RiverNorth Flexible Ownership Allocation
RiverNorth Flexible owns a total of 24.35 Million outstanding shares. Roughly 83.32 pct. of RiverNorth Flexible outstanding shares are held by general public with 0.16 % owned by insiders and only 16.52 (%) by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the etf is less than the current market value, you may not be able to make money on it.RiverNorth Flexible Past Distributions to stockholders
About RiverNorth Flexible Valuation
Our relative valuation model uses a comparative analysis of RiverNorth Flexible. We calculate exposure to RiverNorth Flexible's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of RiverNorth Flexible's related companies. RiverNorth Flexible's stock price is the clearest measure of market expectations about its performance. Without stock valuation, investors cannot independently discern whether RiverNorth Flexible's value is low or high relative to the company's performance and growth projections. Determining the market value of RiverNorth Flexible can be done in different ways, such as multiplying its stock price by its outstanding shares.A single share of RiverNorth Flexible represents a small ownership stake in the entity. As a stockholder of RiverNorth, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
RiverNorth Flexible Dividends Analysis For Valuation
There are various types of dividends RiverNorth Flexible can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of RiverNorth shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from RiverNorth Flexible Municipalome directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When RiverNorth pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of RiverNorth Flexible by the value of the dividends paid out.
RiverNorth Flexible Growth Indicators
Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.
| Common Stock Shares Outstanding | 24 M | |
| Trailing Price Earnings | 10.854 |
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.