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.
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.
RiverNorthDoubleLine |
Sharpe Ratio = -0.0625
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | OPP |
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 Price | September 12, 2024 | 8.97 |
Lowest Price | November 15, 2024 | 8.36 |
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
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.Open | High | Low | Close | Volume | ||
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.
Did you try this?
Run ETFs Now
ETFsFind actively traded Exchange Traded Funds (ETF) from around the world |
All Next | Launch Module |
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.
Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.12) | |||
Treynor Ratio | (0.16) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.