Rivernorth Managed Duration Etf Price History
RMMZ Etf | USD 15.94 0.19 1.21% |
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 Managed stands at 15.94, as last reported on the 30th of November, with the highest price reaching 15.94 and the lowest price hitting 15.78 during the day. At this stage we consider RiverNorth Etf to be very steady. RiverNorth Managed maintains Sharpe Ratio (i.e., Efficiency) of 0.0433, which implies the entity had a 0.0433% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for RiverNorth Managed, which you can use to evaluate the volatility of the etf. Please check RiverNorth Managed's Semi Deviation of 0.5599, coefficient of variation of 1694.79, and Risk Adjusted Performance of 0.0415 to confirm if the risk estimate we provide is consistent with the expected return of 0.0247%.
RiverNorth Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
RiverNorth |
Sharpe Ratio = 0.0433
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | RMMZ |
Estimated Market Risk
0.57 actual daily | 5 95% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average RiverNorth Managed is performing at about 3% 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 Managed by adding it to a well-diversified portfolio.
Price Book 0.9052 | Price Sales 11.7235 | Shares Outstanding 8.5 M | Market Capitalization 133.2 M | Shares Short Prior Month 7 K |
RiverNorth Managed Etf Price History Chart
There are several ways to analyze RiverNorth Managed Duration Etf price data. The simplest method is using a basic RiverNorth candlestick price chart, which shows RiverNorth Managed price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | October 18, 2024 | 16.42 |
Lowest Price | November 21, 2024 | 15.58 |
RiverNorth Managed November 30, 2024 Etf Price Synopsis
Various analyses of RiverNorth Managed's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell RiverNorth Etf. It can be used to describe the percentage change in the price of RiverNorth Managed from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of RiverNorth Etf.RiverNorth Managed Price Action Indicator | 0.17 | |
RiverNorth Managed Accumulation Distribution | 374.55 | |
RiverNorth Managed Price Rate Of Daily Change | 1.01 | |
RiverNorth Managed Price Daily Balance Of Power | 1.19 |
RiverNorth Managed November 30, 2024 Etf Price Analysis
RiverNorth Etf Price History Data
The price series of RiverNorth Managed for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 has a statistical range of 0.84 with a coefficient of variation of 1.52. The price distribution for the period has arithmetic mean of 15.9. The median price for the last 90 days is 15.85. The company had dividends distributed to its stock-holders on 2023-11-14.Open | High | Low | Close | Volume | ||
11/29/2024 | 15.87 | 15.94 | 15.78 | 15.94 | 37,315 | |
11/27/2024 | 15.63 | 15.76 | 15.60 | 15.75 | 29,852 | |
11/26/2024 | 15.63 | 15.63 | 15.49 | 15.60 | 32,414 | |
11/25/2024 | 15.67 | 15.73 | 15.57 | 15.67 | 40,588 | |
11/22/2024 | 15.63 | 15.72 | 15.56 | 15.63 | 29,816 | |
11/21/2024 | 15.63 | 15.70 | 15.56 | 15.58 | 25,464 | |
11/20/2024 | 15.62 | 15.69 | 15.57 | 15.61 | 20,621 | |
11/19/2024 | 15.72 | 15.72 | 15.55 | 15.66 | 29,867 | |
11/18/2024 | 15.70 | 15.83 | 15.60 | 15.80 | 52,352 | |
11/15/2024 | 15.88 | 15.94 | 15.67 | 15.70 | 47,800 | |
11/14/2024 | 15.80 | 15.89 | 15.79 | 15.88 | 7,900 | |
11/13/2024 | 15.77 | 15.79 | 15.70 | 15.76 | 14,900 | |
11/12/2024 | 15.89 | 15.89 | 15.63 | 15.74 | 40,500 | |
11/11/2024 | 15.80 | 15.85 | 15.77 | 15.82 | 38,900 | |
11/08/2024 | 15.77 | 15.87 | 15.75 | 15.80 | 14,100 | |
11/07/2024 | 15.63 | 15.79 | 15.63 | 15.68 | 48,100 | |
11/06/2024 | 15.76 | 15.78 | 15.51 | 15.65 | 36,800 | |
11/05/2024 | 15.71 | 15.85 | 15.71 | 15.85 | 20,900 | |
11/04/2024 | 15.73 | 15.83 | 15.71 | 15.74 | 26,500 | |
11/01/2024 | 15.83 | 15.84 | 15.73 | 15.73 | 25,700 | |
10/31/2024 | 15.83 | 15.83 | 15.68 | 15.79 | 32,400 | |
10/30/2024 | 15.68 | 15.77 | 15.67 | 15.73 | 18,800 | |
10/29/2024 | 15.72 | 15.72 | 15.60 | 15.66 | 19,100 | |
10/28/2024 | 15.86 | 15.86 | 15.72 | 15.76 | 58,300 | |
10/25/2024 | 15.82 | 15.90 | 15.77 | 15.77 | 29,100 | |
10/24/2024 | 16.04 | 16.05 | 15.80 | 15.89 | 19,100 | |
10/23/2024 | 16.35 | 16.35 | 16.03 | 16.05 | 29,100 | |
10/22/2024 | 16.44 | 16.44 | 16.30 | 16.34 | 20,100 | |
10/21/2024 | 16.37 | 16.42 | 16.35 | 16.37 | 5,200 | |
10/18/2024 | 16.28 | 16.42 | 16.28 | 16.42 | 2,800 | |
10/17/2024 | 16.19 | 16.30 | 16.19 | 16.28 | 2,300 | |
10/16/2024 | 16.32 | 16.34 | 16.16 | 16.20 | 16,600 | |
10/15/2024 | 16.33 | 16.37 | 16.22 | 16.27 | 15,700 | |
10/14/2024 | 16.34 | 16.36 | 16.22 | 16.23 | 18,900 | |
10/11/2024 | 16.34 | 16.35 | 16.23 | 16.24 | 37,400 | |
10/10/2024 | 16.21 | 16.30 | 16.21 | 16.25 | 7,600 | |
10/09/2024 | 16.14 | 16.25 | 16.13 | 16.25 | 16,200 | |
10/08/2024 | 16.11 | 16.23 | 16.11 | 16.19 | 29,200 | |
10/07/2024 | 16.11 | 16.17 | 16.09 | 16.11 | 13,500 | |
10/04/2024 | 16.22 | 16.22 | 16.05 | 16.14 | 23,000 | |
10/03/2024 | 16.25 | 16.28 | 16.15 | 16.20 | 20,800 | |
10/02/2024 | 16.24 | 16.29 | 16.15 | 16.25 | 36,800 | |
10/01/2024 | 16.08 | 16.29 | 16.08 | 16.25 | 21,300 | |
09/30/2024 | 16.05 | 16.15 | 16.01 | 16.15 | 28,800 | |
09/27/2024 | 16.05 | 16.12 | 15.95 | 16.05 | 40,100 | |
09/26/2024 | 15.98 | 16.00 | 15.91 | 15.99 | 19,000 | |
09/25/2024 | 16.02 | 16.02 | 15.94 | 15.96 | 14,000 | |
09/24/2024 | 15.90 | 15.98 | 15.90 | 15.94 | 13,300 | |
09/23/2024 | 16.02 | 16.07 | 15.88 | 15.96 | 46,800 | |
09/20/2024 | 16.02 | 16.06 | 15.95 | 16.05 | 21,400 | |
09/19/2024 | 15.92 | 16.09 | 15.87 | 16.03 | 32,200 | |
09/18/2024 | 15.90 | 15.95 | 15.84 | 15.89 | 12,900 | |
09/17/2024 | 15.92 | 15.96 | 15.89 | 15.91 | 21,900 | |
09/16/2024 | 15.90 | 15.99 | 15.89 | 15.95 | 21,300 | |
09/13/2024 | 15.92 | 15.94 | 15.90 | 15.91 | 21,300 | |
09/12/2024 | 15.72 | 15.88 | 15.72 | 15.81 | 52,700 | |
09/11/2024 | 15.72 | 15.72 | 15.66 | 15.68 | 55,100 | |
09/10/2024 | 15.63 | 15.66 | 15.63 | 15.65 | 12,300 | |
09/09/2024 | 15.71 | 15.71 | 15.60 | 15.61 | 14,300 | |
09/06/2024 | 15.63 | 15.68 | 15.58 | 15.59 | 29,200 | |
09/05/2024 | 15.68 | 15.71 | 15.58 | 15.63 | 54,200 |
About RiverNorth Managed Etf history
RiverNorth Managed 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 Managed 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 Managed stock prices may prove useful in developing a viable investing in RiverNorth Managed
RiverNorth Managed Etf Technical Analysis
RiverNorth Managed 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.
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RiverNorth Managed Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for RiverNorth Managed'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.
Risk Adjusted Performance | 0.0415 | |||
Jensen Alpha | 0.0173 | |||
Total Risk Alpha | (0.07) | |||
Sortino Ratio | (0.17) | |||
Treynor Ratio | 0.4941 |
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Pattern Recognition | ||
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Volume Indicators |
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.