Rivernorthdoubleline Strategic Etf Performance
| OPP Etf | USD 7.87 0.02 0.25% |
The etf holds a Beta of -0.21, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning RiverNorthDoubleLine are expected to decrease at a much lower rate. During the bear market, RiverNorthDoubleLine is likely to outperform the market.
Risk-Adjusted Performance
Soft
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in RiverNorthDoubleLine Strategic are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Even with relatively invariable basic indicators, RiverNorthDoubleLine is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more
RiverNorthDoubleLine | Build AI portfolio with RiverNorthDoubleLine Etf |
RiverNorthDoubleLine Relative Risk vs. Return Landscape
If you would invest 776.00 in RiverNorthDoubleLine Strategic on November 3, 2025 and sell it today you would earn a total of 11.00 from holding RiverNorthDoubleLine Strategic or generate 1.42% return on investment over 90 days. RiverNorthDoubleLine Strategic is generating 0.0239% of daily returns assuming volatility of 0.4824% on return distribution over 90 days investment horizon. In other words, 4% of etfs are less volatile than RiverNorthDoubleLine, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
RiverNorthDoubleLine Target Price Odds to finish over Current Price
The tendency of RiverNorthDoubleLine Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 7.87 | 90 days | 7.87 | about 6.57 |
Based on a normal probability distribution, the odds of RiverNorthDoubleLine to move above the current price in 90 days from now is about 6.57 (This RiverNorthDoubleLine Strategic probability density function shows the probability of RiverNorthDoubleLine Etf to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon RiverNorthDoubleLine Strategic has a beta of -0.21. This indicates as returns on the benchmark increase, returns on holding RiverNorthDoubleLine are expected to decrease at a much lower rate. During a bear market, however, RiverNorthDoubleLine Strategic is likely to outperform the market. Additionally RiverNorthDoubleLine Strategic has an alpha of 0.0212, implying that it can generate a 0.0212 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). RiverNorthDoubleLine Price Density |
| Price |
Predictive Modules for RiverNorthDoubleLine
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RiverNorthDoubleLine. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.RiverNorthDoubleLine Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. RiverNorthDoubleLine is not an exception. The market had few large corrections towards the RiverNorthDoubleLine's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold RiverNorthDoubleLine Strategic, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of RiverNorthDoubleLine within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.21 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.04 |
RiverNorthDoubleLine Fundamentals Growth
RiverNorthDoubleLine Etf prices reflect investors' perceptions of the future prospects and financial health of RiverNorthDoubleLine, and RiverNorthDoubleLine fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on RiverNorthDoubleLine Etf performance.
| Shares Outstanding | 19.22 M | ||||
| Price To Earning | 6.11 X | ||||
| Earnings Per Share | 1.42 X | ||||
About RiverNorthDoubleLine Performance
Assessing RiverNorthDoubleLine's fundamental ratios provides investors with valuable insights into RiverNorthDoubleLine's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the RiverNorthDoubleLine is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
RiverNorthDoubleLine Strategic Opportunity Fund, Inc. is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. Doubleline Strategic is listed under Asset Management in the United States and is traded on New York Stock Exchange exchange.