RiverNorthDoubleLine Risk Adjusted Performance

OPP Etf  USD 8.59  0.07  0.82%   
RiverNorthDoubleLine risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for RiverNorthDoubleLine Strategic Opportunity or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
RiverNorthDoubleLine Strategic Opportunity has current Risk Adjusted Performance of 0.1934.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
0.1934
ER[a] = Expected return on investing in RiverNorthDoubleLine
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

RiverNorthDoubleLine Risk Adjusted Performance Peers Comparison

RiverNorthDoubleLine Risk Adjusted Performance Relative To Other Indicators

RiverNorthDoubleLine Strategic Opportunity is rated number one ETF in risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  12.00  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for RiverNorthDoubleLine Strategic Opportunity is roughly  12.00 
Compare RiverNorthDoubleLine to Peers

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