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3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-07-22), RiverNorth Managed Duration Muni Fd's 3-1 Month Momentum % is 1.67%.
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 3-1 Month Momentum % measures the total return to a stock over the past three months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
RMM vs MMD, ACV, PMO: 3-1 Month Momentum % Comparison
For the Asset Management subindustry, RiverNorth Managed Duration Muni Fd's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 Month Momentum % 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.
RiverNorth Managed Duration Muni Fd 3-1 Month Momentum % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, RiverNorth Managed Duration Muni Fd's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where RiverNorth Managed Duration Muni Fd's 3-1 Month Momentum % falls into.
* 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 Muni Fd (RMM) has a 3-1 Month Momentum % of 1.67% as of Jul. 22, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on RiverNorth Managed Duration Muni Fd and its competitors. According to the industry distribution chart, RiverNorth Managed Duration Muni Fd ranks #584 out of 1639 companies in the Asset Management industry, placing it in the top 35.6%.
Is RiverNorth Managed Duration Muni Fd's 3-1 Month Momentum % too high?
RiverNorth Managed Duration Muni Fd's current 3-1 Month Momentum % is 1.67%. Based on the distribution chart, RiverNorth Managed Duration Muni Fd ranks #584 out of 1639 companies in the Asset Management industry, which is above the industry midpoint. Overall, RiverNorth Managed Duration Muni Fd has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does RiverNorth Managed Duration Muni Fd's 3-1 Month Momentum % compare to MMD and ACV?
According to the Asset Management industry distribution chart, RiverNorth Managed Duration Muni Fd ranks #584 out of 1639 companies for 3-1 Month Momentum %. This puts RiverNorth Managed Duration Muni Fd in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for an Asset Management company?
A good 3-1 Month Momentum % depends on the Asset Management industry context. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on RiverNorth Managed Duration Muni Fd and its competitors. RiverNorth Managed Duration Muni Fd's current 3-1 Month Momentum % is 1.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RiverNorth Managed Duration Muni Fd stock overvalued right now?
RiverNorth Managed Duration Muni Fd (RMM) has a current 3-1 Month Momentum % of 1.67%. The current 3-1 Month Momentum % is 1.67%. RiverNorth Managed Duration Muni Fd's overall GF Score™ is 30/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For RiverNorth Managed Duration Muni Fd (RMM), the current 3-1 Month Momentum % is 1.67% as of Jul. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
RiverNorth Managed Duration Muni Fd Business Description
RiverNorth Managed Duration Muni Inc Fd is a United States based diversified, closed-end management investment company. Its primary investment objective is current income exempt from regular U.S. federal income taxes. The Fund's secondary investment objective is total return.
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