Rivernorthdoubleline Strategic Income Fund One Year Return

RNDLX Fund  USD 8.82  0.01  0.11%   
Rivernorthdoubleline Strategic Income fundamentals help investors to digest information that contributes to Rivernorthdoubleline's financial success or failures. It also enables traders to predict the movement of Rivernorthdoubleline Mutual Fund. The fundamental analysis module provides a way to measure Rivernorthdoubleline's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Rivernorthdoubleline mutual fund.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Rivernorthdoubleline One Year Return Analysis

Rivernorthdoubleline's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.

One Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

More About One Year Return | All Equity Analysis

Current Rivernorthdoubleline One Year Return

    
  8.05 %  
Most of Rivernorthdoubleline's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Rivernorthdoubleline Strategic Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Competition

Rivernorthdoubleline One Year Return Component Assessment

Based on the recorded statements, Rivernorthdoubleline Strategic Income has an One Year Return of 8.0487%. This is much higher than that of the RiverNorth Funds family and significantly higher than that of the Multisector Bond category. The one year return for all United States funds is notably lower than that of the firm.

Rivernorthdoubleline One Year Return Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rivernorthdoubleline's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Rivernorthdoubleline could also be used in its relative valuation, which is a method of valuing Rivernorthdoubleline by comparing valuation metrics of similar companies.
Rivernorthdoubleline is rated below average in one year return among similar funds.

Fund Asset Allocation for Rivernorthdoubleline

The fund consists of 75.18% investments in fixed income securities, with the rest of funds allocated in stocks, cash and various exotic instruments.
Asset allocation divides Rivernorthdoubleline's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.

Rivernorthdoubleline Fundamentals

About Rivernorthdoubleline Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Rivernorthdoubleline Strategic Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rivernorthdoubleline using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rivernorthdoubleline Strategic Income based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
The funds adviser allocates the funds assets among three principal strategies Tactical Closed-end Fund Income strategy, Core Fixed Income strategy, and Opportunistic Income strategy. The amount allocated to each of the principal strategies may change depending on the advisers assessment of market risk, security valuations, market volatility, and the prospects for earning income and total return.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Rivernorthdoubleline in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Rivernorthdoubleline's short interest history, or implied volatility extrapolated from Rivernorthdoubleline options trading.

Currently Active Assets on Macroaxis

Check out Rivernorthdoubleline Piotroski F Score and Rivernorthdoubleline Altman Z Score analysis.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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When running Rivernorthdoubleline's price analysis, check to measure Rivernorthdoubleline's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rivernorthdoubleline is operating at the current time. Most of Rivernorthdoubleline's value examination focuses on studying past and present price action to predict the probability of Rivernorthdoubleline's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rivernorthdoubleline's price. Additionally, you may evaluate how the addition of Rivernorthdoubleline to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Rivernorthdoubleline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rivernorthdoubleline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rivernorthdoubleline'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.