Doubleline Multi Asset Trend Fund Market Value
| DLMOX Fund | USD 7.32 0.04 0.54% |
| Symbol | Doubleline |
Doubleline Multi '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 Multi'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 Multi.
| 11/20/2023 |
| 12/14/2024 |
If you would invest 0.00 in Doubleline Multi on November 20, 2023 and sell it all today you would earn a total of 0.00 from holding Doubleline Multi Asset Trend or generate 0.0% return on investment in Doubleline Multi over 390 days. Doubleline Multi is related to or competes with Doubleline Strategic, Doubleline Emerging, Doubleline Emerging, Doubleline Floating, Doubleline, Doubleline Shiller, and Doubleline Global. The advisor will seek to use derivatives, or a combination of derivatives and direct investments, to provide a return th... More
Doubleline Multi 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 Multi'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 Multi Asset Trend upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 2.48 | |||
| Value At Risk | (0.92) | |||
| Potential Upside | 0.9296 |
Doubleline Multi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Doubleline Multi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Doubleline Multi's standard deviation. In reality, there are many statistical measures that can use Doubleline Multi historical prices to predict the future Doubleline Multi's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (1.33) |
Doubleline Multi Asset Backtested Returns
Doubleline Multi Asset secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the fund had a -0.12% return per unit of risk over the last 3 months. Doubleline Multi Asset Trend exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Doubleline Multi's Variance of 0.2831, mean deviation of 0.3997, and Standard Deviation of 0.5321 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0249, which means not very significant fluctuations relative to the market. As returns on the market increase, Doubleline Multi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Doubleline Multi is expected to be smaller as well.
Auto-correlation | -0.5 |
Modest reverse predictability
Doubleline Multi Asset Trend has modest reverse predictability. Overlapping area represents the amount of predictability between Doubleline Multi time series from 20th of November 2023 to 2nd of June 2024 and 2nd of June 2024 to 14th 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 Multi Asset price movement. The serial correlation of -0.5 indicates that about 50.0% of current Doubleline Multi price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Doubleline Multi Asset lagged returns against current returns
Autocorrelation, which is Doubleline Multi 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 Multi's mutual fund expected returns. We can calculate the autocorrelation of Doubleline Multi returns to help us make a trade decision. For example, suppose you find that Doubleline Multi 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 Multi 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 Multi mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Doubleline Multi 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 Multi mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Doubleline Multi Lagged Returns
When evaluating Doubleline Multi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Doubleline Multi mutual fund have on its future price. Doubleline Multi 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 Multi autocorrelation shows the relationship between Doubleline Multi mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Doubleline Multi Asset Trend.
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 Multi 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 Multi security.
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