Rivernorthdoubleline Strategic Opportunity Etf Analysis
| OPP Etf | USD 8.45 0.02 0.24% |
RiverNorthDoubleLine Strategic Opportunity is fairly valued with Real Value of 8.52 and Hype Value of 8.47. The main objective of RiverNorthDoubleLine etf analysis is to determine its intrinsic value, which is an estimate of what RiverNorthDoubleLine Strategic Opportunity is worth, separate from its market price. There are two main types of RiverNorthDoubleLine Etf analysis: fundamental analysis and technical analysis.
The RiverNorthDoubleLine etf is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
RiverNorthDoubleLine |
RiverNorthDoubleLine Etf Analysis Notes
The fund last dividend was 1.77 per share. 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.It is possible that RiverNorthDoubleLine Strategic Opportunity etf was renamed or delisted. To find out more about RiverNorthDoubleLine Strategic Opportunity contact the company at 312-832-1440 or learn more at https://www.rivernorth.com/mutual-funds/rnsix-rndlx.RiverNorthDoubleLine Investment Alerts
| RiverNorthDoubleLine generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Nifty sulking but mutual fund investors make up to 8 percent returns with Wall Street funds - MSN | |
| The fund generated three year return of -1.0% |
RiverNorthDoubleLine Market Capitalization
The company currently falls under 'Small-Cap' category with a total capitalization of 165.57 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate RiverNorthDoubleLine's market, we take the total number of its shares issued and multiply it by RiverNorthDoubleLine's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Institutional Etf Holders for RiverNorthDoubleLine
Have you ever been surprised when a price of an equity instrument such as RiverNorthDoubleLine is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading RiverNorthDoubleLine Strategic Opportunity backward and forwards among themselves. RiverNorthDoubleLine's institutional investor refers to the entity that pools money to purchase RiverNorthDoubleLine's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| FFBYX | First Foundation Fixed | Mutual Fund | Intermediate Core-Plus Bond | |
| FFBAX | First Foundation Fixed | Mutual Fund | Intermediate Core-Plus Bond |
Technical Drivers
As of the 27th of November, RiverNorthDoubleLine holds the Variance of 0.3914, coefficient of variation of (4,442), and Risk Adjusted Performance of (0.02). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of RiverNorthDoubleLine, as well as the relationship between them.RiverNorthDoubleLine Price Movement Analysis
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RiverNorthDoubleLine Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific RiverNorthDoubleLine insiders, such as employees or executives, is commonly permitted as long as it does not rely on RiverNorthDoubleLine's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases RiverNorthDoubleLine insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Rivernorth Capital Management, Llc over two months ago Acquisition by Rivernorth Capital Management, Llc of 29681 shares of RiverNorthDoubleLine at 8.27 subject to Rule 16b-3 | ||
Swanson David over six months ago Acquisition by Swanson David of 2020 shares of RiverNorthDoubleLine at 24.8 subject to Rule 16b-3 | ||
Rivernorth Capital Management Llc over a year ago Acquisition by Rivernorth Capital Management Llc of 17185 shares of RiverNorthDoubleLine subject to Rule 16b-3 |
RiverNorthDoubleLine Outstanding Bonds
RiverNorthDoubleLine issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. RiverNorthDoubleLine uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most RiverNorthDoubleLine bonds can be classified according to their maturity, which is the date when RiverNorthDoubleLine Strategic Opportunity has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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RiverNorthDoubleLine Predictive Daily Indicators
RiverNorthDoubleLine intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of RiverNorthDoubleLine etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 2965.6 | |||
| Daily Balance Of Power | (0.20) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 8.48 | |||
| Day Typical Price | 8.47 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | (0.02) |
RiverNorthDoubleLine Forecast Models
RiverNorthDoubleLine's time-series forecasting models are one of many RiverNorthDoubleLine's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary RiverNorthDoubleLine's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About RiverNorthDoubleLine Etf Analysis
Etf analysis is the technique used by a trader or investor to examine and evaluate how RiverNorthDoubleLine prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling RiverNorthDoubleLine shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as RiverNorthDoubleLine. By using and applying RiverNorthDoubleLine Etf analysis, traders can create a robust methodology for identifying RiverNorthDoubleLine entry and exit points for their positions.
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.
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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.