Rivernorth Opportunities Valuation
| RIV Fund | USD 11.80 0.04 0.34% |
At this time, the fund appears to be undervalued. Rivernorth Opportunities holds a recent Real Value of $12.72 per share. The prevailing price of the fund is $11.8. We determine the value of Rivernorth Opportunities from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support buying undervalued funds and disposing overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
Undervalued
Today
Please note that Rivernorth Opportunities' price fluctuation is very steady at this time. At this time, the fund appears to be undervalued. Rivernorth Opportunities holds a recent Real Value of $12.72 per share. The prevailing price of the fund is $11.8. We determine the value of Rivernorth Opportunities from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support buying undervalued funds and disposing overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
The fair value of the Rivernorth fund is determined by what a typical buyer is willing to pay for full or partial control of Rivernorth Opportunities. Since Rivernorth Opportunities is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Rivernorth Fund. However, Rivernorth Opportunities' 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 11.8 | Real 12.72 | Hype 11.8 | Naive 11.83 |
The intrinsic value of Rivernorth Opportunities' 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 Opportunities' 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 Opportunities 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 Opportunities more accurately as focusing exclusively on Rivernorth Opportunities' fundamentals will not take into account other important factors: Rivernorth Opportunities Total Value Analysis
Rivernorth Opportunities is at this time forecasted to have company total value of 280.96 M with market capitalization of 280.96 M, debt of , and cash on hands of . Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the Rivernorth Opportunities fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
280.96 M | 280.96 M |
Rivernorth Opportunities Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The latest return on assets of Rivernorth indicates not a very effective usage of assets in March.Rivernorth Opportunities Ownership Allocation
The market capitalization of Rivernorth Opportunities is $280.96 Million. Roughly 82.98 pct. of Rivernorth Opportunities outstanding shares are held by general public with 1.35 % owned by insiders and only 15.67 (%) by third-party entities. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the fund is less than the current market value, you may not be able generate positive returns on investment in the long run.About Rivernorth Opportunities Valuation
Our relative valuation model uses a comparative analysis of Rivernorth Opportunities. We calculate exposure to Rivernorth Opportunities's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Rivernorth Opportunities's related companies.RiverNorth Opportunities Fund, Inc. is a close ended equity mutual fund co- launched and co- managed by ALPS Advisors, Inc. and RiverNorth Capital Management, LLC. It invests in the equity markets. The fund seeks to invest in stocks of companies operating across the diversified sectors. RiverNorth Opportunities Fund, Inc. was formed on December 24, 2015 and is domiciled in the United States.
Other Information on Investing in Rivernorth Fund
Rivernorth Opportunities 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 Opportunities security.
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