Doubleline E Fixed Fund Market Value
| DBLFX Fund | USD 9.29 0.01 0.11% |
| Symbol | Doubleline |
Doubleline Core 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Doubleline Core's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Doubleline Core.
| 06/10/2023 |
| 12/01/2024 |
If you would invest 0.00 in Doubleline Core on June 10, 2023 and sell it all today you would earn a total of 0.00 from holding Doubleline E Fixed or generate 0.0% return on investment in Doubleline Core over 540 days. Doubleline Core is related to or competes with Arrow Managed, Ab Bond, Guidepath(r) Managed, and Aqr Managed. The Advisor intends to invest at least 80 percent of the funds net assets in fixed income instruments More
Doubleline Core Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Doubleline Core's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Doubleline E Fixed upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.54) | |||
| Maximum Drawdown | 1.19 | |||
| Value At Risk | (0.54) | |||
| Potential Upside | 0.4278 |
Doubleline Core Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Doubleline Core's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Doubleline Core's standard deviation. In reality, there are many statistical measures that can use Doubleline Core historical prices to predict the future Doubleline Core's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.33) |
Doubleline E Fixed Backtested Returns
Doubleline E Fixed secures Sharpe Ratio (or Efficiency) of -0.0357, which denotes the fund had a -0.0357% return per unit of risk over the last 3 months. Doubleline E Fixed exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Doubleline Core's Mean Deviation of 0.1963, standard deviation of 0.2717, and Variance of 0.0738 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0603, which means not very significant fluctuations relative to the market. As returns on the market increase, Doubleline Core's returns are expected to increase less than the market. However, during the bear market, the loss of holding Doubleline Core is expected to be smaller as well.
Auto-correlation | 0.51 |
Modest predictability
Doubleline E Fixed has modest predictability. Overlapping area represents the amount of predictability between Doubleline Core time series from 10th of June 2023 to 6th of March 2024 and 6th of March 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Doubleline E Fixed price movement. The serial correlation of 0.51 indicates that about 51.0% of current Doubleline Core price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Doubleline E Fixed lagged returns against current returns
Autocorrelation, which is Doubleline Core mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Doubleline Core's mutual fund expected returns. We can calculate the autocorrelation of Doubleline Core returns to help us make a trade decision. For example, suppose you find that Doubleline Core has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Doubleline Core regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Doubleline Core mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Doubleline Core mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Doubleline Core mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Doubleline Core Lagged Returns
When evaluating Doubleline Core's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Doubleline Core mutual fund have on its future price. Doubleline Core autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Doubleline Core autocorrelation shows the relationship between Doubleline Core mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Doubleline E Fixed.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Doubleline Mutual Fund
Doubleline Core financial ratios help investors to determine whether Doubleline Mutual 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 Core security.
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