RiverNorthDoubleLine Expected Short fall
| OPP ETF | | | USD 7.84 -0.02 -0.25% |
Expected shortfall (or ES) is a risk measure that evaluates the market risk of an equity instrument. It is an alternative to value at risk that is more sensitive to the shape of the loss distribution in the tail of the distribution. The expected shortfall at a particular level is the expected return on the portfolio in the worst percent of the cases. Expected shortfall is also called conditional value at risk (CVaR), average value at risk (AVaR), and expected tail loss (ETL). Below is RiverNorthDoubleLine's current Expected Short fall with peer comparisons and related risk metrics.
Current Expected Short fall Value
A Expected Short fall of
-0.41 for RiverNorthDoubleLine signals its current reading on this measure. This reflects RiverNorthDoubleLine's positioning relative to its own recent range within Tactical Allocation.
Expected Shortfall | = | Conditional VAR |
| = | -0.41 | |
Expected Short fall Peers Comparison
RiverNorthDoubleLine falls above the -0.87 peer average for Expected Short fall. leads at 0.0 while Templeton Emerging Markets registers the lowest at -1.6467.
Expected Short fall Relative To Other Indicators
The chart below plots Expected Short fall against Maximum Drawdown for RiverNorthDoubleLine and its peers. Each point represents one equity — position along the horizontal axis shows Expected Short fall while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Compare RiverNorthDoubleLine to PeersMethodology, Assumptions & Data Sources
RiverNorthDoubleLine has a current Expected Short fall reading of -0.41. This Expected Short fall reading for RiverNorthDoubleLine results from applying the indicator's calculation rules to price and volume data over the selected window. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. The output reflects the selected calculation window — changing the horizon will produce different readings. This ETF metric is provided for analytical reference.
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