Doubleline E Fixed Fund Market Value
| DLFNX Fund | USD 9.24 0.02 0.22% |
| Symbol | Doubleline |
Doubleline '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'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.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Doubleline on December 15, 2024 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 over 90 days. Doubleline is related to or competes with Hennessy, Adams Natural, Transamerica Mlp, Thrivent Natural, and Salient Mlp. The Advisor intends to invest at least 80 percent of the funds net assets in fixed income instruments More
Doubleline 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'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.
| Downside Deviation | 0.2934 | |||
| Information Ratio | 0.4352 | |||
| Maximum Drawdown | 1.33 | |||
| Value At Risk | (0.33) | |||
| Potential Upside | 0.5429 |
Doubleline Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Doubleline's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Doubleline's standard deviation. In reality, there are many statistical measures that can use Doubleline historical prices to predict the future Doubleline's volatility.| Risk Adjusted Performance | 0.0531 | |||
| Jensen Alpha | 0.0181 | |||
| Total Risk Alpha | 0.0494 | |||
| Sortino Ratio | 0.4193 | |||
| Treynor Ratio | 0.3717 |
Doubleline E Fixed Backtested Returns
At this stage we consider Doubleline Mutual Fund to be very steady. Doubleline E Fixed secures Sharpe Ratio (or Efficiency) of 0.0849, which denotes the fund had a 0.0849 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Doubleline E Fixed, which you can use to evaluate the volatility of the entity. Please confirm Doubleline's Mean Deviation of 0.2176, downside deviation of 0.2934, and Coefficient Of Variation of 1177.6 to check if the risk estimate we provide is consistent with the expected return of 0.024%. The fund shows a Beta (market volatility) of 0.0377, which means not very significant fluctuations relative to the market. As returns on the market increase, Doubleline's returns are expected to increase less than the market. However, during the bear market, the loss of holding Doubleline is expected to be smaller as well.
Auto-correlation | 0.18 |
Very weak predictability
Doubleline E Fixed has very weak predictability. Overlapping area represents the amount of predictability between Doubleline 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 E Fixed price movement. The serial correlation of 0.18 indicates that over 18.0% of current Doubleline price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Doubleline E Fixed lagged returns against current returns
Autocorrelation, which is Doubleline 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's mutual fund expected returns. We can calculate the autocorrelation of Doubleline returns to help us make a trade decision. For example, suppose you find that Doubleline 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 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 mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Doubleline 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 mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Doubleline Lagged Returns
When evaluating Doubleline's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Doubleline mutual fund have on its future price. Doubleline 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 autocorrelation shows the relationship between Doubleline 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 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 security.
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