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RiverNorth Managed Duration Municipalome Fund II does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.
The historical data trend for RiverNorth Managed Duration Municipalome Fund II's Cyclically Adjusted PS Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
RiverNorth Managed Duration Municipalome Fund II Annual Data | |||||||
Trend | Jun22 | Jun23 | Jun24 | ||||
Cyclically Adjusted PS Ratio | - | - | - |
RiverNorth Managed Duration Municipalome Fund II Semi-Annual Data | ||||
Dec22 | Jun23 | Dec23 | Jun24 | |
Cyclically Adjusted PS Ratio | - | - | - | - |
For the Asset Management subindustry, RiverNorth Managed Duration Municipalome Fund II's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Asset Management industry and Financial Services sector, RiverNorth Managed Duration Municipalome Fund II's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where RiverNorth Managed Duration Municipalome Fund II's Cyclically Adjusted PS Ratio falls into.
Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.
RiverNorth Managed Duration Municipalome Fund II does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.
RiverNorth Managed Duration Municipalome Fund II (NYSE:RMMZ) Cyclically Adjusted PS Ratio Explanation
Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.
Thank you for viewing the detailed overview of RiverNorth Managed Duration Municipalome Fund II's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Jerry Raio | director | 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401 |
Scott Sprauer | other: Portfolio Manager | 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
Lisa Bruckert Mougin | director | C/O RIVERNORTH CAPITAL MANAGEMENT, LLC, 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401 |
Patrick W. Galley | director, officer: President | 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401 |
Michael Denlinger | other: Portfolio Manager | 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
John S. Oakes | director | 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654 |
Stephen Andrew O'neill | other: Portfolio Manager | 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401 |
Robert Patrick Burke | other: Portfolio Manager | C/O MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
Marcus L Collins | other: Secretary and CCO | 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654 |
Jonathan M. Mohrhardt | officer: Treasurer | 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654 |
John K Carter | director | 433 W. VAN BUREN STREET, SUITE 1150-E, CHICAGO IL 60607 |
David Swanson | director | 325 N. LASALLE ST., SUITE 645, CHICAGO IL 60654 |
John Wayne Hutchens | director | 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401 |
Rivernorth Capital Management, Llc | other: Investment Adviser | 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401 |
Brian H Schmucker | other: Officer of Investment Adviser | 325 NORTH LASALLE STREET, SUITE 645, CHICAGO IL 60654 |
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