Doubleline Total Return Fund Market Value
| DBLTX Fund | USD 8.82 0.03 0.34% |
| Symbol | Doubleline |
Doubleline Total '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 Total'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 Total.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Doubleline Total on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Doubleline Total Return or generate 0.0% return on investment in Doubleline Total over 90 days. Doubleline Total is related to or competes with The Hartford, Schwab Health, Hartford Healthcare, Blackrock Health, Invesco Global, and Deutsche Health. The advisor intends to invest at least 80 percent of the funds net assets in bonds More
Doubleline Total 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 Total'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 Total Return upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2971 | |||
| Information Ratio | 0.5012 | |||
| Maximum Drawdown | 1.4 | |||
| Value At Risk | (0.46) | |||
| Potential Upside | 0.5708 |
Doubleline Total Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Doubleline Total's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Doubleline Total's standard deviation. In reality, there are many statistical measures that can use Doubleline Total historical prices to predict the future Doubleline Total's volatility.| Risk Adjusted Performance | 0.0362 | |||
| Jensen Alpha | 0.0138 | |||
| Total Risk Alpha | 0.0604 | |||
| Sortino Ratio | 0.5104 | |||
| Treynor Ratio | 0.3043 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Doubleline Total'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.
Doubleline Total Return Backtested Returns
At this stage we consider Doubleline Mutual Fund to be very steady. Doubleline Total Return secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the fund had a 0.11 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Doubleline Total Return, which you can use to evaluate the volatility of the entity. Please confirm Doubleline Total's Downside Deviation of 0.2971, coefficient of variation of 1559.48, and Mean Deviation of 0.2444 to check if the risk estimate we provide is consistent with the expected return of 0.0329%. The fund shows a Beta (market volatility) of 0.0309, which means not very significant fluctuations relative to the market. As returns on the market increase, Doubleline Total's returns are expected to increase less than the market. However, during the bear market, the loss of holding Doubleline Total is expected to be smaller as well.
Auto-correlation | 0.20 |
Weak predictability
Doubleline Total Return has weak predictability. Overlapping area represents the amount of predictability between Doubleline Total time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. 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 Total Return price movement. The serial correlation of 0.2 indicates that over 20.0% of current Doubleline Total price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Doubleline Total Return lagged returns against current returns
Autocorrelation, which is Doubleline Total 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 Total's mutual fund expected returns. We can calculate the autocorrelation of Doubleline Total returns to help us make a trade decision. For example, suppose you find that Doubleline Total 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 Total 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 Total mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Doubleline Total 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 Total mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Doubleline Total Lagged Returns
When evaluating Doubleline Total's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Doubleline Total mutual fund have on its future price. Doubleline Total 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 Total autocorrelation shows the relationship between Doubleline Total mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Doubleline Total Return.
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 Total 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 Total security.
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