OPP
Price:
$8.45
Market Cap:
$194.35M
RiverNorth/DoubleLine 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. RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. was formed on December 30, 2010 and is domiciled in the United States.[Read more]
Industry
Asset Management
IPO Date
2016-09-28
Stock Exchange
NYSE
Ticker
OPP
According to RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.’s latest financial reports and current stock price. The company's current ROE is 8.44%. This represents a change of 233.66% compared to the average of 2.53% of the last 4 quarters.
The mean historical ROE of RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. over the last ten years is 3.05%. The current 8.44% ROE has changed 177.04% with respect to the historical average. Over the past ten years (40 quarters), OPP's ROE was at its highest in in the December 2020 quarter at 9.52%. The ROE was at its lowest in in the June 2022 quarter at -11.35%.
Average
3.05%
Median
4.79%
Minimum
-9.82%
Maximum
12.78%
Discovering the peaks and valleys of RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 402.72%
Maximum Annual ROE = 12.78%
Minimum Annual Increase = -322.64%
Minimum Annual ROE = -9.82%
Year | ROE | Change |
---|---|---|
2024 | 8.50% | 402.72% |
2023 | 1.69% | -117.22% |
2022 | -9.82% | -176.88% |
2021 | 12.78% | -322.64% |
2020 | -5.74% | -177.89% |
2019 | 7.37% | 228.99% |
2018 | 2.24% | -69.49% |
The current ROE of RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.12%
5-year avg
1.48%
10-year avg
3.05%
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.’s ROE is less than Brookfield Real Assets Income Fund Inc. (9.46%), less than Guggenheim Strategic Opportunities Fund (15.11%), less than Cornerstone Total Return Fund, Inc. (20.06%), less than Cornerstone Strategic Value Fund, Inc. (20.74%), less than High Income Securities Fund (4.36%), less than Oxford Lane Capital Corp. (20.42%), greater than Horizon Technology Finance Corporation (-1.16%), less than Abrdn Income Credit Strategies Fund (13.14%), less than Virtus Convertible & Income Fund (3.94%), less than Special Opportunities Fund, Inc. (15.48%), less than Clough Global Dividend and Income Fund (3.44%), less than Clough Global Equity Fund (0%), less than Virtus Stone Harbor Emerging Markets Income Fund (15.01%), less than Franklin Limited Duration Income Trust (29.73%), less than Virtus Stone Harbor Emerging Markets Total Income Fund (12.82%), greater than null (-26.23%),
Company | ROE | Market cap |
---|---|---|
9.46% | $693.92M | |
15.11% | $2.17B | |
20.06% | $921.86M | |
20.74% | $2.06B | |
4.36% | $197.80M | |
20.42% | $1.81B | |
-1.16% | $353.60M | |
13.14% | $805.52M | |
3.94% | $330.77M | |
15.48% | $158.68M | |
3.44% | $71.34M | |
0% | $128.05M | |
15.01% | $145.42M | |
29.73% | $266.68M | |
12.82% | $50.30M | |
-26.23% | $0 |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.'s ROE?
How is the ROE calculated for RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP)?
What is the highest ROE for RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP)?
What is the 3-year average ROE for RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP)?
What is the 5-year average ROE for RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP)?
How does the current ROE for RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP) compare to its historical average?