Rivernorthdoubleline Strategic Opportunity Etf Price History

OPP Etf  USD 8.45  0.03  0.36%   
Below is the normalized historical share price chart for RiverNorthDoubleLine Strategic Opportunity extending back to September 28, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of RiverNorthDoubleLine stands at 8.45, as last reported on the 23rd of November, with the highest price reaching 8.48 and the lowest price hitting 8.41 during the day.
 
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If you're considering investing in RiverNorthDoubleLine Etf, it is important to understand the factors that can impact its price. RiverNorthDoubleLine maintains Sharpe Ratio (i.e., Efficiency) of -0.0625, which implies the entity had a -0.0625% return per unit of risk over the last 3 months. RiverNorthDoubleLine exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RiverNorthDoubleLine's Risk Adjusted Performance of (0.03), coefficient of variation of (2,395), and Variance of 0.4036 to confirm the risk estimate we provide.
  
RiverNorthDoubleLine Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0625

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Estimated Market Risk

 0.61
  actual daily
5
95% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average RiverNorthDoubleLine is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of RiverNorthDoubleLine by adding RiverNorthDoubleLine to a well-diversified portfolio.
Market Capitalization
165.6 M

RiverNorthDoubleLine Etf Price History Chart

There are several ways to analyze RiverNorthDoubleLine Strategic Opportunity Etf price data. The simplest method is using a basic RiverNorthDoubleLine candlestick price chart, which shows RiverNorthDoubleLine price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceSeptember 12, 20248.97
Lowest PriceNovember 15, 20248.36

RiverNorthDoubleLine November 23, 2024 Etf Price Synopsis

Various analyses of RiverNorthDoubleLine's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell RiverNorthDoubleLine Etf. It can be used to describe the percentage change in the price of RiverNorthDoubleLine from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of RiverNorthDoubleLine Etf.
RiverNorthDoubleLine Price Action Indicator 0.02 
RiverNorthDoubleLine Accumulation Distribution 1,298 
RiverNorthDoubleLine Price Daily Balance Of Power 0.43 
RiverNorthDoubleLine Price Rate Of Daily Change 1.00 

RiverNorthDoubleLine November 23, 2024 Etf Price Analysis

When benchmark price declines in a down market, there may be an uptick in RiverNorthDoubleLine Strategic Opportunity Etf price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use RiverNorthDoubleLine intraday prices and daily technical indicators to check the level of noise trading in RiverNorthDoubleLine Strategic Opportunity Etf and then apply it to test your longer-term investment strategies against RiverNorthDoubleLine.

RiverNorthDoubleLine Etf Price History Data

The price series of RiverNorthDoubleLine for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 has a statistical range of 0.61 with a coefficient of variation of 1.82. The daily prices for the period are spread out with arithmetic mean of 8.7. The median price for the last 90 days is 8.7. The company issued dividends to stockholders on 2022-11-14.
OpenHighLowCloseVolume
11/22/2024 8.41  8.48  8.41  8.45  157,239 
11/21/2024 8.45  8.46  8.40  8.42  152,181 
11/20/2024 8.41  8.45  8.39  8.45  162,659 
11/19/2024 8.39  8.44  8.37  8.42  206,069 
11/18/2024 8.34  8.38  8.34  8.37  297,674 
11/15/2024 8.38  8.44  8.35  8.36  234,460 
11/14/2024 8.39  8.44  8.39  8.41  160,606 
11/13/2024 8.45  8.51  8.40  8.40  136,995 
11/12/2024 8.59  8.61  8.43  8.45  275,542 
11/11/2024 8.65  8.67  8.62  8.64  115,777 
11/08/2024 8.64  8.69  8.62  8.66  108,498 
11/07/2024 8.59  8.68  8.59  8.64  111,652 
11/06/2024 8.65  8.65  8.52  8.58  148,139 
11/05/2024 8.50  8.60  8.44  8.54  284,751 
11/04/2024 8.62  8.68  8.59  8.61  160,866 
11/01/2024 8.58  8.70  8.58  8.64  87,578 
10/31/2024 8.60  8.65  8.57  8.59  138,866 
10/30/2024 8.60  8.66  8.49  8.63  69,267 
10/29/2024 8.67  8.70  8.56  8.60  159,464 
10/28/2024 8.65  8.72  8.63  8.63  60,436 
10/25/2024 8.68  8.72  8.67  8.67  46,607 
10/24/2024 8.70  8.73  8.66  8.70  72,304 
10/23/2024 8.72  8.76  8.63  8.70  293,582 
10/22/2024 8.70  8.72  8.66  8.69  413,323 
10/21/2024 8.77  8.77  8.63  8.63  229,341 
10/18/2024 8.80  8.84  8.75  8.75  106,985 
10/17/2024 8.86  8.89  8.78  8.79  125,897 
10/16/2024 8.88  8.94  8.85  8.87  79,612 
10/15/2024 8.91  8.95  8.86  8.89  73,750 
10/14/2024 8.86  8.90  8.83  8.88  89,314 
10/11/2024 8.84  8.87  8.83  8.84  61,255 
10/10/2024 8.80  8.87  8.79  8.82  44,182 
10/09/2024 8.82  8.85  8.78  8.82  135,737 
10/08/2024 8.83  8.89  8.81  8.82  99,049 
10/07/2024 8.92  8.96  8.82  8.83  101,215 
10/04/2024 8.88  8.94  8.88  8.91  66,542 
10/03/2024 8.91  8.97  8.89  8.91  119,502 
10/02/2024 8.92  8.96  8.85  8.90  138,839 
10/01/2024 8.92  8.94  8.84  8.88  107,525 
09/30/2024 8.88  8.91  8.84  8.87  127,900 
09/27/2024 8.88  8.89  8.80  8.86  68,388 
09/26/2024 8.78  8.86  8.74  8.83  151,708 
09/25/2024 8.79  8.80  8.76  8.78  119,490 
09/24/2024 8.80  8.84  8.65  8.80  124,201 
09/23/2024 8.83  8.85  8.77  8.79  99,602 
09/20/2024 8.82  8.85  8.78  8.82  89,599 
09/19/2024 8.87  8.88  8.76  8.82  93,146 
09/18/2024 8.86  8.88  8.83  8.85  51,777 
09/17/2024 8.85  8.88  8.82  8.88  62,697 
09/16/2024 8.91  8.92  8.79  8.85  126,234 
09/13/2024 8.99  8.99  8.85  8.91  84,288 
09/12/2024 8.85  8.99  8.84  8.97  164,969 
09/11/2024 8.89  8.90  8.79  8.85  100,517 
09/10/2024 8.80  8.94  8.76  8.89  186,882 
09/09/2024 8.70  8.80  8.66  8.79  104,432 
09/06/2024 8.78  8.78  8.62  8.67  124,215 
09/05/2024 8.76  8.78  8.72  8.76  68,468 
09/04/2024 8.70  8.75  8.68  8.74  83,173 
09/03/2024 8.65  8.70  8.65  8.68  79,678 
08/30/2024 8.63  8.69  8.61  8.64  64,120 
08/29/2024 8.63  8.72  8.53  8.57  164,284 

About RiverNorthDoubleLine Etf history

RiverNorthDoubleLine investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for RiverNorthDoubleLine is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in RiverNorthDoubleLine will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing RiverNorthDoubleLine stock prices may prove useful in developing a viable investing in RiverNorthDoubleLine
RiverNorthDoubleLine Strategic Opportunity Fund, Inc. is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. The fund is co-managed by DoubleLine Capital LP. It invests in fixed income markets. The fund seeks to benchmark the performance of its portfolio against the Barclays Capital U.S. Aggregate Bond Index. RiverNorthDoubleLine Strategic Opportunity Fund, Inc. was formed on December 30, 2010 and is domiciled in the United States.

RiverNorthDoubleLine Etf Technical Analysis

RiverNorthDoubleLine technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of RiverNorthDoubleLine technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of RiverNorthDoubleLine trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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RiverNorthDoubleLine Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for RiverNorthDoubleLine's price direction in advance. Along with the technical and fundamental analysis of RiverNorthDoubleLine Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of RiverNorthDoubleLine to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in RiverNorthDoubleLine Etf

RiverNorthDoubleLine financial ratios help investors to determine whether RiverNorthDoubleLine Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in RiverNorthDoubleLine with respect to the benefits of owning RiverNorthDoubleLine security.