ρ +0.52beyond mkt +0.41holdout +0.45stable 100%robust
RMI RiverNorth Opportunistic Municipal Income Fund, Inc. Common Stock
- Last close
- 13.95
- 504-day return
- +2.20%
- Median $/day
- $255k
- Relationships shown
- 12
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
RMI vs RMM
Both indexed to 100 at 2026-05-11.
Moves with RMI
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.53beyond mkt +0.40holdout +0.52stable 100%robust
ρ +0.54beyond mkt +0.40holdout +0.52stable 100%robust
ρ +0.51beyond mkt +0.36holdout +0.51stable 100%robust
ρ +0.51beyond mkt +0.35holdout +0.48stable 100%robust
ρ +0.51beyond mkt +0.34holdout +0.47stable 100%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.54holdout +0.64stable 62%moderate
horizon 10dρ +0.54holdout +0.64stable 50%moderate
horizon 10dρ +0.52holdout +0.39stable 50%moderate
horizon 10dρ +0.51holdout +0.65stable 88%robust
horizon 10dρ +0.40holdout +0.57stable 75%robust
horizon 10dρ +0.38holdout +0.55stable 50%moderate
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.55recent -0.18prior +0.37beyond mkt +0.18
Δ -0.52recent -0.31prior +0.21beyond mkt +0.05
Δ +0.46recent +0.52prior +0.06beyond mkt +0.04
Δ -0.44recent -0.36prior +0.07beyond mkt -0.09
Δ +0.42recent +0.41prior -0.00beyond mkt -0.13
Δ +0.41recent +0.42prior +0.01beyond mkt -0.05
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| RFM RiverNorth Flexible Municipal Income Fund, Inc. | +0.47 | +0.58 | 22 | |
| RMM RiverNorth Managed Duration Municipal Income Fund, Inc. | +0.41 | +0.52 | 21 | |
| MPA BLACKROCK MUNIYIELD PENNSYLVANIA QUALITY FUND | +0.40 | +0.54 | 21 | |
| LEO BNY Mellon Strategic Municipals, Inc. | +0.36 | +0.51 | 20 | |
| RFMZ RiverNorth Flexible Municipal Income Fund II, Inc. | +0.40 | +0.53 | 22 | |
| MMD NYLIM MacKay DefinedTerm Muni Opportunities Fund | +0.35 | +0.51 | 22 |