RiverFront Strategic Financials
| RIGS Etf | USD 22.55 0.01 0.04% |
Net Expense Ratio 0.0047 | 3 y Sharp Ratio (0.44) |
RiverFront |
The data published in RiverFront Strategic's official financial statements usually reflect RiverFront Strategic's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of RiverFront Strategic. For example, before you start analyzing numbers published by RiverFront accountants, it's critical to develop an understanding of what RiverFront Strategic's liquidity, profitability, and earnings quality are in the context of the ALPS space in which it operates.
Please note, the presentation of RiverFront Strategic's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, RiverFront Strategic's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in RiverFront Strategic's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of RiverFront Strategic Income. Please utilize our Beneish M Score to check the likelihood of RiverFront Strategic's management manipulating its earnings.
RiverFront Strategic Etf Summary
RiverFront Strategic competes with NuShares Enhanced, Invesco Fundamental, Invesco Global, Morningstar Unconstrained, and Thrivent High. The fund seeks to achieve its investment objective by investing in a global portfolio of fixed income securities of various maturities, ratings and currency denominations. Riverfront Strategic is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US00162Q7833 |
| CUSIP | 00162Q783 |
| Region | Global |
| Investment Issuer | ALPS |
| Etf Family | ALPS |
| Fund Category | Broad Debt |
| Portfolio Concentration | Broad Debt |
| Benchmark | NYSE Composite |
| Phone | NA |
| Currency | USD - US Dollar |
You should never invest in RiverFront Strategic without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of RiverFront Etf, because this is throwing your money away. Analyzing the key information contained in RiverFront Strategic's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
RiverFront Strategic Key Financial Ratios
Generally speaking, RiverFront Strategic's financial ratios allow both analysts and investors to convert raw data from RiverFront Strategic's financial statements into concise, actionable information that can be used to evaluate the performance of RiverFront Strategic over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that RiverFront Strategic reports annually and quarterly.RiverFront Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining RiverFront Strategic's current stock value. Our valuation model uses many indicators to compare RiverFront Strategic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across RiverFront Strategic competition to find correlations between indicators driving RiverFront Strategic's intrinsic value. More Info.RiverFront Strategic Income is rated third largest ETF in beta as compared to similar ETFs. It is presently regarded as number one ETF in one year return as compared to similar ETFs reporting about 3.85 of One Year Return per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value RiverFront Strategic by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for RiverFront Strategic's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the RiverFront Strategic's earnings, one of the primary drivers of an investment's value.RiverFront Strategic Systematic Risk
RiverFront Strategic's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. RiverFront Strategic volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on RiverFront Strategic correlated with the market. If Beta is less than 0 RiverFront Strategic generally moves in the opposite direction as compared to the market. If RiverFront Strategic Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one RiverFront Strategic is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of RiverFront Strategic is generally in the same direction as the market. If Beta > 1 RiverFront Strategic moves generally in the same direction as, but more than the movement of the benchmark.
About RiverFront Strategic Financials
What exactly are RiverFront Strategic Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include RiverFront Strategic's income statement, its balance sheet, and the statement of cash flows. Potential RiverFront Strategic investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although RiverFront Strategic investors may use each financial statement separately, they are all related. The changes in RiverFront Strategic's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on RiverFront Strategic's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze RiverFront Strategic Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as RiverFront Strategic is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of RiverFront has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if RiverFront Strategic's financials are consistent with your investment objective using the following steps:- Review RiverFront Strategic's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand RiverFront Strategic's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare RiverFront Strategic's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if RiverFront Strategic's stock is overvalued or undervalued.
RiverFront Strategic Thematic Clasifications
RiverFront Strategic Income is part of Broad Debt ETFs investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA ETFs from Broad Debt clasification. ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs
This theme covers USA ETFs from Broad Debt clasification. ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. Get More Thematic Ideas
| Broad Debt ETFs | View |
RiverFront Strategic April 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of RiverFront Strategic help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of RiverFront Strategic Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of RiverFront Strategic Income based on widely used predictive technical indicators. In general, we focus on analyzing RiverFront Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build RiverFront Strategic's daily price indicators and compare them against related drivers.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 1.71 | |||
| Value At Risk | (0.57) | |||
| Potential Upside | 0.3963 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RiverFront Strategic Income. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the RiverFront Strategic information on this page should be used as a complementary analysis to other RiverFront Strategic's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of RiverFront Strategic is measured differently than its book value, which is the value of RiverFront that is recorded on the company's balance sheet. Investors also form their own opinion of RiverFront Strategic's value that differs from its market value or its book value, called intrinsic value, which is RiverFront Strategic'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 RiverFront Strategic's market value can be influenced by many factors that don't directly affect RiverFront Strategic'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 RiverFront Strategic's value and its price as these two are different measures arrived at by different means. Investors typically determine if RiverFront Strategic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RiverFront Strategic'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.