Intrinsic Value of S&P & Nasdaq Contact Us

RiverNorth Flexible Municipal Income Fund II, Inc. RFMZ

NYSE

SharesGrow Score
51/100
0/4 Pass
SharesGrow Intrinsic Value
N/A
Negative cash flow

RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ) current share price is $13.06. The gold spot price is $4,825.20 per troy ounce. Using the formula: RFMZ in gold = $13.06 × 31.1035 ÷ $4,825.20 = 0.0842 grams of gold per share.

The Real Wealth Growth Rate measures the Compound Annual Growth Rate (CAGR) of RFMZ when denominated in gold. A positive rate means the stock has outperformed gold as a store of value, while a negative rate indicates gold has been a better wealth preserver than holding RFMZ shares over the measured period.

RFMZ in US Dollars
Gold in US Dollars
RFMZ in Gold (grams per share)

Real Wealth Growth Rate

RFMZ
Computing…

"Real Wealth Growth Rate" measures the annualised compound growth rate (CAGR) of a stock when priced in gold — hard money that cannot be printed. A positive value means genuine wealth creation. A negative value means purchasing power is shrinking, even if the dollar price rises.

Step 1 — Express share price in grams of gold
$$\text{RFMZ}_{\text{gold}}(t) = \frac{P_{\text{RFMZ}}(t) \times 31.1035}{P_{\text{gold}}(t)}$$
$P_\text{RFMZ}$ = stock price in USD, $P_\text{gold}$ = gold spot in USD/troy oz, $31.1035$ = grams per troy ounce.
Step 2 — Real Wealth Growth Rate (CAGR in gold terms)
$$\text{Real Wealth Growth Rate} = \left(\frac{\text{RFMZ}_{\text{gold}}^{(T)}}{\text{RFMZ}_{\text{gold}}^{(0)}}\right)^{\!\frac{1}{T}} - 1$$
$\text{RFMZ}_\text{gold}^{(0)}$ = initial gold-price, $\text{RFMZ}_\text{gold}^{(T)}$ = current gold-price, $T$ = number of years. A positive result means the stock outpaces gold.

Real Wealth Growth Rate Rankings — 20 Years

Computing…

People Also View

PUYI
PUYI
Puyi Inc.
$8.96
+33.93%
MHD
MHD
BlackRock MuniHoldings Fund, Inc.
$11.82
+0.30%
MVF
MVF
BlackRock MuniVest Fund, Inc.
$7.07
+0.14%
KTF
KTF
DWS Municipal Income Trust
$9.17
+0.33%
MHN
MHN
BlackRock MuniHoldings New York Quality Fund, Inc.
$10.30
-0.39%
EOT
EOT
Eaton Vance National Municipal Opportunities Trust
$17.13
+0.12%
MUE
MUE
BlackRock MuniHoldings Quality Fund II, Inc.
$10.07
-0.69%
CBH
CBH
Virtus Convertible & Income 2024 Target Term Fund
$9.19
+0.05%
Contact Us
🎓
SharesGrow Academy
Learn how to calculate Intrinsic Value and find undervalued stocks.
Weekly live sessions
Send us a message