Rivernorth Flexible Municipalome Etf Price on August 30, 2023

RFMZ Etf  USD 14.19  0.07  0.50%   
If you're considering investing in RiverNorth Etf, it is important to understand the factors that can impact its price. As of today, the current price of RiverNorth Flexible stands at 14.19, as last reported on the 11th of December 2024, with the highest price reaching 14.23 and the lowest price hitting 14.11 during the day. RiverNorth Flexible maintains Sharpe Ratio (i.e., Efficiency) of -8.0E-4, which implies the entity had a -8.0E-4% return per unit of risk over the last 3 months. RiverNorth Flexible exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RiverNorth Flexible's Semi Deviation of 0.6024, coefficient of variation of 2245.83, and Risk Adjusted Performance of 0.03 to confirm the risk estimate we provide.
  
RiverNorth Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -8.0E-4

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Estimated Market Risk

 0.6
  actual daily
5
95% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average RiverNorth Flexible is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of RiverNorth Flexible by adding RiverNorth Flexible to a well-diversified portfolio.
Price Book
0.9124
Price Sales
10.855
Shares Outstanding
24.4 M
Market Capitalization
343.8 M
Shares Short Prior Month
698

RiverNorth Flexible Main Headline on 30th of August 2023

Filed transaction by Rivernorth Flexible Munic executive. General open market or private sale of non-derivative or derivative security

RiverNorth Flexible Valuation on August 30, 2023

It is possible to determine the worth of RiverNorth Flexible on a given historical date. On August 30, 2023 RiverNorth was worth 12.34 at the beginning of the trading date compared to the closed value of 12.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RiverNorth Flexible etf. Still, in general, we apply an absolute valuation method to find RiverNorth Flexible's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of RiverNorth Flexible where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RiverNorth Flexible's related companies.
 Open High Low Close Volume
  12.32    12.44    12.23    12.34    77,900  
08/30/2023
  12.34    12.42    12.32    12.37    20,400  
  12.56    12.56    12.42    12.50    39,700  
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Open Value
12.34
12.37
Closing Value
14.13
Upside

RiverNorth Flexible Trading Date Momentum on August 30, 2023

On August 31 2023 RiverNorth Flexible Municipalome was traded for  12.50  at the closing time. The top price for the day was 12.56  and the lowest listed price was  12.42 . The trading volume for the day was 39.7 K. The trading history from August 31, 2023 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 1.05% . The trading delta at closing time against the current closing price is 1.46% .

RiverNorth Flexible Fundamentals Correlations and Trends

By evaluating RiverNorth Flexible's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among RiverNorth Flexible's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. RiverNorth financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About RiverNorth Flexible Etf history

RiverNorth Flexible investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for RiverNorth is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in RiverNorth Flexible will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing RiverNorth Flexible stock prices may prove useful in developing a viable investing in RiverNorth Flexible

RiverNorth Flexible Etf Technical Analysis

RiverNorth Flexible technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of RiverNorth Flexible technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of RiverNorth Flexible trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

RiverNorth Flexible Period Price Range

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December 11, 2024
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RiverNorth Flexible Municipalome cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

RiverNorth Flexible December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how RiverNorth Flexible etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RiverNorth Flexible shares will generate the highest return on investment. By undertsting and applying RiverNorth Flexible etf market strength indicators, traders can identify RiverNorth Flexible Municipalome entry and exit signals to maximize returns

RiverNorth Flexible Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for RiverNorth Flexible's price direction in advance. Along with the technical and fundamental analysis of RiverNorth Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of RiverNorth to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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.