RiverNorth Managed Financial Statements From 2010 to 2024
| RMMZ Etf | USD 15.63 0.05 0.32% |
Market Capitalization 132.2 M | Enterprise Value Revenue 19.8193 | Earnings Share 1.33 |
Check RiverNorth Managed financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RiverNorth Managed's main balance sheet or income statement drivers, such as , as well as many indicators such as . RiverNorth financial statements analysis is a perfect complement when working with RiverNorth Managed Valuation or Volatility modules.
RiverNorth |
RiverNorth Managed Duration ETF Price To Book Analysis
RiverNorth Managed's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current RiverNorth Managed Price To Book | 0.90 X |
Most of RiverNorth Managed's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, RiverNorth Managed Duration is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, RiverNorth Managed Duration has a Price To Book of 0.8983 times. This is much higher than that of the Capital Markets family and significantly higher than that of the Financials category. The price to book for all United States etfs is notably lower than that of the firm.
RiverNorth Managed Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining RiverNorth Managed's current stock value. Our valuation model uses many indicators to compare RiverNorth Managed value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across RiverNorth Managed competition to find correlations between indicators driving RiverNorth Managed's intrinsic value. More Info.RiverNorth Managed Duration is rated fifth largest ETF in price to book as compared to similar ETFs. It also is rated fifth largest ETF in price to sales as compared to similar ETFs fabricating about 12.95 of Price To Sales per Price To Book. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the RiverNorth Managed's earnings, one of the primary drivers of an investment's value.About RiverNorth Managed Financial Statements
RiverNorth Managed investors use historical fundamental indicators, such as RiverNorth Managed's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in RiverNorth Managed. Please read more on our technical analysis and fundamental analysis pages.
RiverNorth Managed is entity of United States. It is traded as Etf on NYSE exchange.
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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.