Rivernorth Managed Duration Etf Buy Hold or Sell Recommendation
| RMM Etf | USD 15.78 0.15 0.96% |
Considering the 90-day investment horizon and your conservative attitude towards risk, our recommendation regarding RiverNorth Managed Duration is 'Strong Hold'. The recommendation algorithm takes into account all of RiverNorth Managed's available fundamental, technical, and predictive indicators you will find on this site.
Check out RiverNorth Managed Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as RiverNorth and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards RiverNorth Managed Duration. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.
RiverNorth |
Execute RiverNorth Managed Buy or Sell Advice
The RiverNorth recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on RiverNorth Managed Duration. Macroaxis does not own or have any residual interests in RiverNorth Managed Duration or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute RiverNorth Managed's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Leverage | Not Rated | Details |
RiverNorth Managed Trading Alerts and Improvement Suggestions
| RiverNorth Managed has high likelihood to experience some financial distress in the next 2 years | |
| On 29th of November 2024 RiverNorth Managed paid $ 0.0916 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Disposition of 5000 shares by Rivernorth Capital Management, Llc of RiverNorth Managed subject to Rule 16b-3 | |
| The fund maintains all of the assets in different exotic instruments |
RiverNorth Managed Returns Distribution Density
The distribution of RiverNorth Managed's historical returns is an attempt to chart the uncertainty of RiverNorth Managed's future price movements. The chart of the probability distribution of RiverNorth Managed daily returns describes the distribution of returns around its average expected value. We use RiverNorth Managed Duration price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of RiverNorth Managed returns is essential to provide solid investment advice for RiverNorth Managed.
| Mean Return | 0.08 | Value At Risk | -1.02 | Potential Upside | 1.07 | Standard Deviation | 0.68 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of RiverNorth Managed historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
RiverNorth Managed Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to RiverNorth Managed or Capital Markets sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that RiverNorth Managed's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a RiverNorth etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.66 | |
Ir | Information ratio | -0.09 |
RiverNorth Managed Volatility Alert
RiverNorth Managed Duration exhibits relatively low volatility with skewness of -0.32 and kurtosis of -0.14. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure RiverNorth Managed's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact RiverNorth Managed's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.RiverNorth Managed Fundamentals Vs Peers
Comparing RiverNorth Managed's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze RiverNorth Managed's direct or indirect competition across all of the common fundamentals between RiverNorth Managed and the related equities. This way, we can detect undervalued stocks with similar characteristics as RiverNorth Managed or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of RiverNorth Managed's fundamental indicators could also be used in its relative valuation, which is a method of valuing RiverNorth Managed by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare RiverNorth Managed to competition |
| Fundamentals | RiverNorth Managed | Peer Average |
| Price To Earning | 7.85 X | 3.15 X |
| Price To Book | 0.96 X | 0.39 X |
| Price To Sales | 12.25 X | 0.33 X |
| Annual Yield | 0.09 % | 0.28 % |
| Net Asset | 529.97 M | 2.29 B |
Note: Disposition of 5000 shares by Rivernorth Capital Management, Llc of RiverNorth Managed subject to Rule 16b-3 [view details]
RiverNorth Managed Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as RiverNorth . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About RiverNorth Managed Buy or Sell Advice
When is the right time to buy or sell RiverNorth Managed Duration? Buying financial instruments such as RiverNorth Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having RiverNorth Managed in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Aircraft
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Aircraft theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Aircraft Theme or any other thematic opportunities.
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Other Information on Investing in RiverNorth Etf
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.