Rivernorth Valuation
| RNCIX Fund | USD 7.60 0.02 0.26% |
At this time, the fund appears to be fairly valued. Rivernorth E Opportunity holds a recent Real Value of $7.61 per share. The prevailing price of the fund is $7.6. We determine the value of Rivernorth E Opportunity from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Fairly Valued
Today
Please note that Rivernorth's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Rivernorth E Opportunity holds a recent Real Value of $7.61 per share. The prevailing price of the fund is $7.6. We determine the value of Rivernorth E Opportunity from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Rivernorth is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Rivernorth Mutual Fund. However, Rivernorth'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 7.6 | Real 7.61 | Hype 7.6 | Naive 7.71 |
The intrinsic value of Rivernorth'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'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 E Opportunity helps investors to forecast how Rivernorth mutual 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 more accurately as focusing exclusively on Rivernorth's fundamentals will not take into account other important factors: Rivernorth Total Value Analysis
Rivernorth E Opportunity is at this time forecasted to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Rivernorth fundamentals before making investing decisions based on enterprise value of the companyRivernorth 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.About Rivernorth Valuation
Our relative valuation model uses a comparative analysis of Rivernorth. We calculate exposure to Rivernorth's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Rivernorth's related companies.The funds adviser will allocate the funds investments among equities, fixed income securities, and cash and cash equivalents. The adviser may allocate to the various asset classes either through the purchase of closed-end investment companies , exchange-traded funds and other investment companies or through direct investment in the various securities. To achieve exposure to the asset classes discussed above, it will typically invest more than 50 percent of its assets in underlying funds.
Other Information on Investing in Rivernorth Mutual Fund
Rivernorth financial ratios help investors to determine whether Rivernorth Mutual 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 security.
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