Doubleline Income Fund Forecast - Simple Regression

DSL Fund  USD 12.80  0.04  0.31%   
The Simple Regression forecasted value of Doubleline Income Solutions on the next trading day is expected to be 12.57 with a mean absolute deviation of 0.1 and the sum of the absolute errors of 5.88. Doubleline Fund Forecast is based on your current time horizon.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Doubleline Income price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Doubleline Income Simple Regression Price Forecast For the 3rd of December

Given 90 days horizon, the Simple Regression forecasted value of Doubleline Income Solutions on the next trading day is expected to be 12.57 with a mean absolute deviation of 0.1, mean absolute percentage error of 0.02, and the sum of the absolute errors of 5.88.
Please note that although there have been many attempts to predict Doubleline Fund prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Doubleline Income's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Doubleline Income Fund Forecast Pattern

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Doubleline Income Forecasted Value

In the context of forecasting Doubleline Income's Fund value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Doubleline Income's downside and upside margins for the forecasting period are 11.98 and 13.17, respectively. We have considered Doubleline Income's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
12.80
12.57
Expected Value
13.17
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Doubleline Income fund data series using in forecasting. Note that when a statistical model is used to represent Doubleline Income fund, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria113.9345
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0963
MAPEMean absolute percentage error0.0077
SAESum of the absolute errors5.8772
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Doubleline Income Solutions historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Doubleline Income

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Doubleline Income. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Doubleline Income's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
12.2012.8013.40
Details
Intrinsic
Valuation
LowRealHigh
12.0012.6013.20
Details
Bollinger
Band Projection (param)
LowMiddleHigh
12.3312.6012.86
Details

Other Forecasting Options for Doubleline Income

For every potential investor in Doubleline, whether a beginner or expert, Doubleline Income's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Doubleline Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Doubleline. Basic forecasting techniques help filter out the noise by identifying Doubleline Income's price trends.

View Doubleline Income Related Equities

 Risk & Return  Correlation

Doubleline Income Technical and Predictive Analytics

The fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Doubleline Income's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Doubleline Income's current price.

Doubleline Income Market Strength Events

Market strength indicators help investors to evaluate how Doubleline Income fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Doubleline Income shares will generate the highest return on investment. By undertsting and applying Doubleline Income fund market strength indicators, traders can identify Doubleline Income Solutions entry and exit signals to maximize returns.

Doubleline Income Risk Indicators

The analysis of Doubleline Income's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Doubleline Income's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting doubleline fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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Other Information on Investing in Doubleline Fund

Doubleline Income financial ratios help investors to determine whether Doubleline Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Doubleline with respect to the benefits of owning Doubleline Income security.
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