Rivernorth Flexible Municipalome Etf Profile
| RFMZ Etf | USD 13.95 0.05 0.36% |
Performance0 of 100
| Odds Of DistressLess than 9
|
RiverNorth Flexible is trading at 13.95 as of the 21st of November 2024; that is 0.36 percent decrease since the beginning of the trading day. The etf's open price was 14.0. RiverNorth Flexible has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for RiverNorth Flexible Municipalome are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 24th of February 2021 | Classification Financials |
RiverNorth Flexible is entity of United States. It is traded as Etf on NYSE exchange. The company has 24.35 M outstanding shares of which 5.68 K shares are at this time shorted by private and institutional investors with about 0.1 trading days to cover. More on RiverNorth Flexible Municipalome
Moving against RiverNorth Etf
RiverNorth Etf Highlights
| Business Concentration | Multi-Sector Holdings, Financial Services, Financials, Financials, Financial Services, Materials, Materials (View all Sectors) |
| Average Analyst Recommendation Analysts covering RiverNorth Flexible report their recommendations after researching RiverNorth Flexible's financial statements, talking to executives and customers, or listening in on RiverNorth Flexible's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering RiverNorth Flexible. The RiverNorth consensus assessment is calculated by taking the average forecast from all of the analysts covering RiverNorth Flexible. | |
| Date | 30th of June 2024 |
| Other Current Liab | (2.74 Million) |
| Total Current Liabilities | 2.74 Million |
| Total Stockholder Equity | 380.04 Million |
| Name | RiverNorth Flexible Municipal Income Fund II Inc |
| Currency Code | USD |
| Fiscal Year End | June |
| Net Debt | 239.18 Million |
| Enterprise Value Value Revenue | 18.1171 |
| Accounts Payable | 2.74 Million |
| Non Current Assets Total | 610.04 Million |
| Non Currrent Assets Other | (610.04 Million) |
| Other Assets | 6.22 Million |
| C I K | 1.82 Million |
| Trailing Price Earnings | 10.645 |
| 50 Day M A | 14.3127 |
| Code | RFMZ |
| Net Receivables | 6.45 Million |
| Most Recent Quarter | 30th of June 2024 |
| Common Stock Shares Outstanding | 24.03 Million |
| Liabilities And Stockholders Equity | 622.71 Million |
| Non Current Liabilities Total | 239.18 Million |
| Country Name | USA |
| Payout Ratio | 1.6454 |
| Other Current Assets | (6.45 Million) |
| Open Figi | BBG00W0H3MR0 |
| Dividend Yield | 0.0866 |
| Net Invested Capital | 619.22 Million |
| Long Term Investments | 610.04 Million |
| Home Category | CEF |
| 200 Day M A | 14.1058 |
| Currencysymbol | USD |
RiverNorth Flexible Municipalome [RFMZ] is traded in USA and was established null. RiverNorth Flexible is listed under Multi-Sector Holdings category by Fama And French industry classification. The fund is listed under Financials category and is part of Financial Services family. RiverNorth Flexible at this time have 622.71 M in assets. with the current yeild of 0.09%.
Check RiverNorth Flexible Probability Of Bankruptcy
RiverNorth Flexible Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in RiverNorth Flexible. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0073 | |||
| Jensen Alpha | (0.0002) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.14) |
RiverNorth Flexible Against Markets
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.