Rivernorth Flexible Municipalome Fund Manager Performance Evaluation
| XRFZX Fund | USD 15.83 0.07 0.44% |
The fund holds a Beta of 0.0263, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rivernorth Flexible's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rivernorth Flexible is expected to be smaller as well.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Rivernorth Flexible Municipalome are ranked lower than 7 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Rivernorth Flexible is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreRivernorth |
Rivernorth Flexible Relative Risk vs. Return Landscape
If you would invest 1,544 in Rivernorth Flexible Municipalome on September 3, 2024 and sell it today you would earn a total of 39.00 from holding Rivernorth Flexible Municipalome or generate 2.53% return on investment over 90 days. Rivernorth Flexible Municipalome is currently producing 0.0398% returns and takes up 0.4006% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than Rivernorth, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Rivernorth Flexible Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rivernorth Flexible's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Rivernorth Flexible Municipalome, and traders can use it to determine the average amount a Rivernorth Flexible's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0993
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | XRFZX |
Estimated Market Risk
| 0.4 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Rivernorth Flexible is performing at about 7% of its full potential. 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 it to a well-diversified portfolio.
About Rivernorth Flexible Performance
Evaluating Rivernorth Flexible's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Rivernorth Flexible has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Rivernorth Flexible has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about Rivernorth Flexible performance evaluation
Checking the ongoing alerts about Rivernorth Flexible for important developments is a great way to find new opportunities for your next move. Mutual Fund 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.Evaluating Rivernorth Flexible's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Rivernorth Flexible's mutual fund performance include:- Analyzing Rivernorth Flexible's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Rivernorth Flexible's stock is overvalued or undervalued compared to its peers.
- Examining Rivernorth Flexible's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Rivernorth Flexible's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Rivernorth Flexible's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Rivernorth Flexible's mutual fund. These opinions can provide insight into Rivernorth Flexible's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Rivernorth Mutual Fund
Rivernorth Flexible financial ratios help investors to determine whether Rivernorth Mutual Fund 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.
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