Valuation check: OPP's ROE is 13.82%, above the sector sector average of -4.11%.
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+ Follow13.82%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
As of the most recent data, OPP shows a ROE of 13.82%. That is above the sector sector average of -4.11%. Scroll down for historical charts and peer comparison views.
The its sector sector average ROE is about -4.11%. RiverNorth/DoubleLine Strategic opportunity fund is at 13.82%, which is higher that average. That is roughly 436.5% above the sector mean. Use the comparison chart on this page to see how OPP stacks up against individual peers as well.
Check the historical chart to see whether OPP's ROE is trending up or down. Improvement over multiple periods is generally more meaningful than a single strong quarter. Compare RiverNorth/DoubleLine Strategic opportunity fund with peers to see if the move is company-specific or sector-wide.
Besides this return on equity 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 ROE (currently 13.82%) with ownership activity and broader fundamentals.