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3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-07-26), RiverNorth/DoubleLine Strategic Opportunity Fund's 3-1 Month Momentum % is -3.84%.
OPP's 3-1 Month Momentum % is ranked worse than 64.97% of 1630
companies
in the Asset Management industry
Industry Median: -1.105
vs OPP: -3.84
RiverNorth/DoubleLine Strategic Opportunity Fund (NYSE:OPP) 3-1 Month Momentum % Explanation
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 3-1 Month Momentum % measures the total return to a stock over the past three months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
RiverNorth/DoubleLine Strategic Opportunity Fund 3-1 Month Momentum % Related Terms
OPP vs WIA, WHG, BANX: 3-1 Month Momentum % Comparison
For the Asset Management subindustry, RiverNorth/DoubleLine Strategic Opportunity Fund's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 Month Momentum % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
RiverNorth/DoubleLine Strategic Opportunity Fund 3-1 Month Momentum % vs Asset Management Industry
RiverNorth/DoubleLine Strategic Opportunity Fund (NYSE:OPP) 3-1 Month Momentum % Calculation
3-1 Month Momentum % is calculated as following:
3-1 Month Momentum %
=
( Price 1-month ago
/
Price 3-month ago
- 1 )
*
100 %
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) has a 3-1 Month Momentum % of -3.84% as of Jul. 26, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on RiverNorth/DoubleLine Strategic Opportunity Fund and its competitors. According to the industry distribution chart, RiverNorth/DoubleLine Strategic Opportunity Fund ranks #1059 out of 1630 companies in the Asset Management industry, placing it in the top 65%.
Is RiverNorth/DoubleLine Strategic Opportunity Fund's 3-1 Month Momentum % too high?
RiverNorth/DoubleLine Strategic Opportunity Fund's current 3-1 Month Momentum % is -3.84%. Based on the distribution chart, RiverNorth/DoubleLine Strategic Opportunity Fund ranks #1059 out of 1630 companies in the Asset Management industry, which is below the industry midpoint. Overall, RiverNorth/DoubleLine Strategic Opportunity Fund has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does RiverNorth/DoubleLine Strategic Opportunity Fund's 3-1 Month Momentum % compare to WIA and WHG?
According to the Asset Management industry distribution chart, RiverNorth/DoubleLine Strategic Opportunity Fund ranks #1059 out of 1630 companies for 3-1 Month Momentum %. This places RiverNorth/DoubleLine Strategic Opportunity Fund in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for an Asset Management company?
A good 3-1 Month Momentum % depends on the Asset Management industry context. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on RiverNorth/DoubleLine Strategic Opportunity Fund and its competitors. RiverNorth/DoubleLine Strategic Opportunity Fund's current 3-1 Month Momentum % is -3.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RiverNorth/DoubleLine Strategic Opportunity Fund stock overvalued right now?
Based on GuruFocus' analysis, RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) is currently considered Fairly Valued. The stock's GF Value™ is $7.40, compared to a current price of $7.65 — trading 3.4% above its estimated fair value. The current 3-1 Month Momentum % is -3.84%. RiverNorth/DoubleLine Strategic Opportunity Fund's overall GF Score™ is 56/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For RiverNorth/DoubleLine Strategic Opportunity Fund (OPP), the current 3-1 Month Momentum % is -3.84% as of Jul. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) Overvalued in 2026?
Based on GuruFocus' analysis, RiverNorth/DoubleLine Strategic Opportunity Fund stock appears to be overvalued.
The current stock price of $7.65 is trading 3.4% above its estimated GF Value™ of $7.40.
GuruFocus considers RiverNorth/DoubleLine Strategic Opportunity Fund to be Fairly Valued.
Key valuation signals for OPP:
3-1 Month Momentum %: -3.84%
GF Value™: $7.40 vs. price of $7.65 (3.4% above fair value)
No single metric tells the full story. See the OPP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RiverNorth/DoubleLine Strategic Opportunity Fund Business Description
RiverNorth/DoubleLine Strategic Opportunity Fund Inc is a closed-end management investment company. The company's investment objective is to seek current income and overall total return.
56GF Score
Get the complete analysis for OPP
3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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