RiverNorth Managed Valuation
| RMMZ Etf | USD 15.51 0.10 0.65% |
At this time, the etf appears to be fairly valued. RiverNorth Managed holds a recent Real Value of $15.41 per share. The prevailing price of the etf is $15.51. Our model determines the value of RiverNorth Managed from analyzing the etf fundamentals such as Shares Outstanding of 8.46 M, number of shares shorted of 10.47 K, and Price To Sales of 11.68 X as well as examining its technical indicators and probability of bankruptcy.
Price Book 0.9018 | Price Sales 11.6788 | Trailing PE 11.797 | Enterprise Value Revenue 19.864 |
Fairly Valued
Today
Please note that RiverNorth Managed's price fluctuation is very steady at this time. Calculation of the real value of RiverNorth Managed is based on 3 months time horizon. Increasing RiverNorth Managed's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since RiverNorth Managed is currently traded on the exchange, buyers and sellers on that exchange determine the market value of RiverNorth Etf. However, RiverNorth Managed'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 15.51 | Real 15.41 | Hype 15.41 |
The intrinsic value of RiverNorth Managed'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 Managed'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 Managed Duration 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 Managed more accurately as focusing exclusively on RiverNorth Managed's fundamentals will not take into account other important factors: RiverNorth Managed Total Value Analysis
RiverNorth Managed Duration is at this time expected to have valuation of 0 with market capitalization of 132.66 M, debt of 92.97 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 Managed fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
0 | 132.66 M | 92.97 M |
RiverNorth Managed 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 January.RiverNorth Managed Ownership Allocation
The market capitalization of RiverNorth Managed is $132.66 Million. Roughly 88.49 pct. of RiverNorth Managed outstanding shares are held by general public with 0.1 % owned by insiders and only 11.41 (%) 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 etf is less than the current market value, you may not be able generate positive returns on investment in the long run.RiverNorth Managed Past Distributions to stockholders
About RiverNorth Managed Valuation
Our relative valuation model uses a comparative analysis of RiverNorth Managed. We calculate exposure to RiverNorth Managed's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of RiverNorth Managed's related companies. RiverNorth Managed's stock price is the clearest measure of market expectations about its performance. Without stock valuation, investors cannot independently discern whether RiverNorth Managed's value is low or high relative to the company's performance and growth projections. Determining the market value of RiverNorth Managed can be done in different ways, such as multiplying its stock price by its outstanding shares.A single share of RiverNorth Managed 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 Managed Dividends Analysis For Valuation
There are various types of dividends RiverNorth Managed 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 Managed Duration 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 Managed by the value of the dividends paid out.
RiverNorth Managed 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 | 8.5 M | |
| Price Earnings Ratio | 11.797 | |
| Forward Annual Dividend Rate | 1.17 |
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.