Latest PEG ratio for RiverNorth/DoubleLine Strategic Opportunity Fund: -33.79 — see history and peer comparisons.
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The PEG ratio measures a stock's valuation relative to its earnings growth rate. A PEG ratio below 1.0 may indicate that the stock is undervalued relative to its growth potential.
As of the most recent data, OPP-PA shows a PEG ratio of -33.79. That is below the sector sector average of 10.05. Scroll down for historical charts and peer comparison views.
The its sector sector average PEG ratio is about 10.05. RiverNorth/DoubleLine Strategic Opportunity Fund is at -33.79, which is lower that average. That is roughly 436.1% below the sector mean. Use the comparison chart on this page to see how OPP-PA stacks up against individual peers as well.
Investors watch OPP-PA's PEG ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. RiverNorth/DoubleLine Strategic Opportunity Fund's latest reading is -33.79. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this peg ratio page, Stockcircle has RiverNorth/DoubleLine Strategic Opportunity Fund's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect PEG ratio (currently -33.79) with ownership activity and broader fundamentals.