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RiverNorthDoubleLine Buy Hold or Sell Recommendation

R
RNDLX -- USA Fund  

USD 10.53  0.01  0.09%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding RiverNorthDoubleLine Strategic is 'Cautious Hold'. Macroaxis provides RiverNorthDoubleLine buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding RNDLX positions. The advice algorithm takes into account all of RiverNorthDoubleLine available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from RNDLX buy-and-hold perspective. Additionally, take a look at RiverNorthDoubleLine Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Equity
Refresh
Sell RiverNorthDoubleLineBuy RiverNorthDoubleLine
Cautious Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Analyst Consensus

Not Available
For the selected time horizon RiverNorthDoubleLine Strategic has a mean deviation of 0.0902, standard deviation of 0.1183, variance of 0.014, downside variance of 0.0302, semi variance of (0.024169) and expected short fall of (0.14)
Our buy or sell recommendations tool can be used to cross verify current analyst consensus on RiverNorthDoubleLine and to analyze the entity potential to grow in the current economic cycle. Use RiverNorthDoubleLine Price to Earning, Three Year Return as well as the relationship between Three Year Return and Equity Positions Weight to make sure your buy or sell decision on RiverNorthDoubleLine is adequate.

RiverNorthDoubleLine Trading Alerts and Improvement Suggestions

On January 30, 2020 RiverNorthDoubleLine paid $ 0.031 per share dividend to its current shareholders
The fund maintains about 17.75% of its assets in cash

RiverNorthDoubleLine Returns Distribution Density

Mean Return0.032065Value At Risk0.19
Potential Upside0.19Standard Deviation0.12
 Return Density 
    
  Distribution 

RiverNorthDoubleLine Greeks

α
Alpha over DOW
=0.020524
β
Beta against DOW=0.02
σ
Overall volatility
=0.12
Ir
Information ratio =0.77

RiverNorthDoubleLine Volatility Alert

RiverNorthDoubleLine Strategic exhibits very low volatility with skewness of -0.47 and kurtosis of 1.58. However, we advise investors to further study RiverNorthDoubleLine Strategic technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare RiverNorthDoubleLine to competition

RiverNorthDoubleLine Fundamental Vs Peers

FundamentalsRiverNorthDoubleLinePeer Average
Price to Earning36.79 6.53 
Price to Book0.75 0.74 
Price to Sales3.29 0.61 
One Year Return13.14 4.15 
Three Year Return7.69 3.60 
Five Year Return6.16 3.24 
Net Asset2.09 B4.11 B
Minimum Initial Investment5 K976.16 K
Last Dividend Paid0.030.65
Cash Position Weight17.75 10.61 
Equity Positions Weight0.72 63.90 
Bond Positions Weight75.88 11.24