Rivernorth Flexible Valuation
XRFMX Fund | USD 16.37 0.08 0.49% |
Rivernorth Flexible holds a recent Real Value of $16.43 per share. The prevailing price of the fund is $16.37. Our model determines the value of Rivernorth Flexible from analyzing the fund technical indicators and probability of bankruptcy. In general, investors 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.
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.Other Information on Investing in Rivernorth Mutual Fund
Rivernorth Flexible 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 Flexible security.
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