Rivernorthdoubleline Strategic Opportunity Etf Technical Analysis
| OPP Etf | USD 8.47 0.00 0.00% |
As of the 22nd of July, RiverNorthDoubleLine holds the Semi Deviation of 0.5327, coefficient of variation of 615.72, and Risk Adjusted Performance of 0.1466. 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 Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as RiverNorthDoubleLine, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RiverNorthDoubleLineRiverNorthDoubleLine | Build AI portfolio with RiverNorthDoubleLine Etf |
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.
RiverNorthDoubleLine Technical Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Normalized Average True Range is used to analyze tradable apportunities for RiverNorthDoubleLine across different markets.
RiverNorthDoubleLine Trend Analysis
Use this graph to draw trend lines for RiverNorthDoubleLine Strategic Opportunity. You can use it to identify possible trend reversals for RiverNorthDoubleLine as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual RiverNorthDoubleLine price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.RiverNorthDoubleLine Best Fit Change Line
The following chart estimates an ordinary least squares regression model for RiverNorthDoubleLine Strategic Opportunity applied against its price change over selected period. The best fit line has a slop of 0.01 , which may imply that RiverNorthDoubleLine Strategic Opportunity will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 1.94, which is the sum of squared deviations for the predicted RiverNorthDoubleLine price change compared to its average price change.About RiverNorthDoubleLine Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of RiverNorthDoubleLine Strategic Opportunity on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of RiverNorthDoubleLine Strategic Opportunity based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on RiverNorthDoubleLine price pattern first instead of the macroeconomic environment surrounding RiverNorthDoubleLine. By analyzing RiverNorthDoubleLine's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of RiverNorthDoubleLine's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to RiverNorthDoubleLine specific price patterns or momentum indicators. Please read more on our technical analysis page.
RiverNorthDoubleLine July 22, 2025 Technical Indicators
Most technical analysis of RiverNorthDoubleLine help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for RiverNorthDoubleLine from various momentum indicators to cycle indicators. When you analyze RiverNorthDoubleLine charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1466 | |||
| Market Risk Adjusted Performance | 2.32 | |||
| Mean Deviation | 0.4255 | |||
| Semi Deviation | 0.5327 | |||
| Downside Deviation | 0.7339 | |||
| Coefficient Of Variation | 615.72 | |||
| Standard Deviation | 0.6323 | |||
| Variance | 0.3998 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | 0.0872 | |||
| Total Risk Alpha | 5.0E-4 | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 2.31 | |||
| Maximum Drawdown | 4.04 | |||
| Value At Risk | (0.84) | |||
| Potential Upside | 0.9938 | |||
| Downside Variance | 0.5386 | |||
| Semi Variance | 0.2838 | |||
| Expected Short fall | (0.49) | |||
| Skewness | (0.42) | |||
| Kurtosis | 3.38 |
RiverNorthDoubleLine July 22, 2025 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as RiverNorthDoubleLine stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.01 | ||
| Daily Balance Of Power | 0.00 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 8.43 | ||
| Day Typical Price | 8.44 | ||
| Price Action Indicator | 0.04 | ||
| Market Facilitation Index | 0.08 |
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.