RiverNorth Specialty Year To Date Return vs. Three Year Return
RSF Etf | USD 15.30 0.02 0.13% |
For RiverNorth Specialty profitability analysis, we use financial ratios and fundamental drivers that measure the ability of RiverNorth Specialty to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well RiverNorth Specialty Finance utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between RiverNorth Specialty's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of RiverNorth Specialty Finance over time as well as its relative position and ranking within its peers.
RiverNorth |
The market value of RiverNorth Specialty is measured differently than its book value, which is the value of RiverNorth that is recorded on the company's balance sheet. Investors also form their own opinion of RiverNorth Specialty's value that differs from its market value or its book value, called intrinsic value, which is RiverNorth Specialty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RiverNorth Specialty's market value can be influenced by many factors that don't directly affect RiverNorth Specialty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RiverNorth Specialty's value and its price as these two are different measures arrived at by different means. Investors typically determine if RiverNorth Specialty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RiverNorth Specialty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
RiverNorth Specialty Three Year Return vs. Year To Date Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining RiverNorth Specialty's current stock value. Our valuation model uses many indicators to compare RiverNorth Specialty value to that of its competitors to determine the firm's financial worth. RiverNorth Specialty Finance is presently regarded as number one ETF in year to date return as compared to similar ETFs. It also is presently regarded as number one ETF in three year return as compared to similar ETFs reporting about 0.47 of Three Year Return per Year To Date Return. The ratio of Year To Date Return to Three Year Return for RiverNorth Specialty Finance is roughly 2.11 . Comparative valuation analysis is a catch-all technique that is used if you cannot value RiverNorth Specialty by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.RiverNorth Three Year Return vs. Year To Date Return
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
RiverNorth Specialty |
| = | 7.26 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
RiverNorth Specialty |
| = | 3.44 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
RiverNorth Three Year Return Comparison
RiverNorth Specialty is currently under evaluation in three year return as compared to similar ETFs.
RiverNorth Specialty Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in RiverNorth Specialty, profitability is also one of the essential criteria for including it into their portfolios because, without profit, RiverNorth Specialty will eventually generate negative long term returns. The profitability progress is the general direction of RiverNorth Specialty's change in net profit over the period of time. It can combine multiple indicators of RiverNorth Specialty, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
RiverNorth Specialty is entity of United States. It is traded as Etf on NYSE exchange.
RiverNorth Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on RiverNorth Specialty. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of RiverNorth Specialty position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the RiverNorth Specialty's important profitability drivers and their relationship over time.
Year To Date Return vs Price To Earning | ||
Annual Yield vs Three Year Return | ||
Year To Date Return vs One Year Return | ||
Five Year Return vs Three Year Return | ||
Year To Date Return vs Last Dividend Paid |
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Other Information on Investing in RiverNorth Etf
To fully project RiverNorth Specialty's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of RiverNorth Specialty at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include RiverNorth Specialty's income statement, its balance sheet, and the statement of cash flows.