Rivernorth Flexible Municipalome Etf Probability of Future Etf Price Finishing Under 12.21
| RFMZ Etf | USD 14.19 0.07 0.50% |
RiverNorth |
RiverNorth Flexible Target Price Odds to finish below 12.21
The tendency of RiverNorth Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 12.21 or more in 90 days |
| 14.19 | 90 days | 12.21 | near 1 |
Based on a normal probability distribution, the odds of RiverNorth Flexible to drop to $ 12.21 or more in 90 days from now is near 1 (This RiverNorth Flexible Municipalome probability density function shows the probability of RiverNorth Etf to fall within a particular range of prices over 90 days) . Probability of RiverNorth Flexible price to stay between $ 12.21 and its current price of $14.19 at the end of the 90-day period is about 54.37 .
Given the investment horizon of 90 days RiverNorth Flexible Municipalome has a beta of -0.029 indicating as returns on the benchmark increase, returns on holding RiverNorth Flexible are expected to decrease at a much lower rate. During a bear market, however, RiverNorth Flexible Municipalome is likely to outperform the market. Additionally RiverNorth Flexible Municipalome has an alpha of 0.0198, implying that it can generate a 0.0198 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). RiverNorth Flexible Price Density |
| Price |
Predictive Modules for RiverNorth Flexible
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RiverNorth Flexible. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.RiverNorth Flexible Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. RiverNorth Flexible is not an exception. The market had few large corrections towards the RiverNorth Flexible's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold RiverNorth Flexible Municipalome, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of RiverNorth Flexible within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 0.18 | |
Ir | Information ratio | -0.16 |
RiverNorth Flexible Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of RiverNorth Flexible for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for RiverNorth Flexible can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| RiverNorth Flexible generated a negative expected return over the last 90 days | |
| On 29th of November 2024 RiverNorth Flexible paid $ 0.0866 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Disposition of 170683 shares by Rivernorth Capital Management, Llc of RiverNorth Flexible subject to Rule 16b-3 | |
| The fund maintains all of the assets in different exotic instruments |
RiverNorth Flexible Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of RiverNorth Etf often depends not only on the future outlook of the current and potential RiverNorth Flexible's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. RiverNorth Flexible's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24 M | |
| Dividend Yield | 0.0866 |
RiverNorth Flexible Technical Analysis
RiverNorth Flexible's future price can be derived by breaking down and analyzing its technical indicators over time. RiverNorth Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of RiverNorth Flexible Municipalome. In general, you should focus on analyzing RiverNorth Etf price patterns and their correlations with different microeconomic environments and drivers.
RiverNorth Flexible Predictive Forecast Models
RiverNorth Flexible's time-series forecasting models is one of many RiverNorth Flexible's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary RiverNorth Flexible's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about RiverNorth Flexible
Checking the ongoing alerts about RiverNorth Flexible for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for RiverNorth Flexible help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| RiverNorth Flexible generated a negative expected return over the last 90 days | |
| On 29th of November 2024 RiverNorth Flexible paid $ 0.0866 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Disposition of 170683 shares by Rivernorth Capital Management, Llc of RiverNorth Flexible subject to Rule 16b-3 | |
| The fund maintains all of the assets in different exotic instruments |
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.