Doubleline Floating Cash Position Weight vs. Three Year Return
| DLFRX Fund | USD 9.09 0.01 0.11% |
For Doubleline Floating profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Doubleline Floating to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Doubleline Floating Rate utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Doubleline Floating's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Doubleline Floating Rate over time as well as its relative position and ranking within its peers.
Doubleline |
Doubleline Floating Rate Three Year Return vs. Cash Position Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Doubleline Floating's current stock value. Our valuation model uses many indicators to compare Doubleline Floating value to that of its competitors to determine the firm's financial worth. Doubleline Floating Rate is rated # 2 fund in cash position weight among similar funds. It also is rated # 2 fund in three year return among similar funds reporting about 0.84 of Three Year Return per Cash Position Weight. The ratio of Cash Position Weight to Three Year Return for Doubleline Floating Rate is roughly 1.19 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Doubleline Floating's earnings, one of the primary drivers of an investment's value.Doubleline Three Year Return vs. Cash Position Weight
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Doubleline Floating |
| = | 6.22 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Doubleline Floating |
| = | 5.21 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Doubleline Three Year Return Comparison
Doubleline Floating is currently under evaluation in three year return among similar funds.
Doubleline Floating Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Doubleline Floating, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Doubleline Floating will eventually generate negative long term returns. The profitability progress is the general direction of Doubleline Floating's change in net profit over the period of time. It can combine multiple indicators of Doubleline Floating, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund normally will invest at least 80 percent of its net assets in floating rate loans and other floating rate investments. The adviser expects that many or all of the funds investments will be rated below investment grade or unrated but of comparable credit quality. It may invest in securities of stressed, distressed, and defaulted issuers .
Doubleline Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Doubleline Floating. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Doubleline Floating position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Doubleline Floating's important profitability drivers and their relationship over time.
Use Doubleline Floating in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Doubleline Floating position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Doubleline Floating will appreciate offsetting losses from the drop in the long position's value.Doubleline Floating Pair Trading
Doubleline Floating Rate Pair Trading Analysis
The ability to find closely correlated positions to Doubleline Floating could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Doubleline Floating when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Doubleline Floating - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Doubleline Floating Rate to buy it.
The correlation of Doubleline Floating is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Doubleline Floating moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Doubleline Floating Rate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Doubleline Floating can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Doubleline Floating position
In addition to having Doubleline Floating in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Restaurants Thematic Idea Now
Restaurants
Entities that are involved in restaurant business, as well as coffee shop chains and other eateries. The Restaurants theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Restaurants Theme or any other thematic opportunities.
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Other Information on Investing in Doubleline Mutual Fund
To fully project Doubleline Floating's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Doubleline Floating Rate at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Doubleline Floating's income statement, its balance sheet, and the statement of cash flows.
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