Doubleline Opportunistic Competition

Etfs . USA . 
Etf . Doubleline Opportunistic Credit
DBL Etf  USD 15.44  0.14  0.92%   
Doubleline Opportunistic competes with Western Asset, Miller/howard High, Brandywineglobal, Western Asset, and Doubleline Yield; as well as few others. The company runs under Financial Services sector within Asset Management industry. Analyzing Doubleline Opportunistic competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Doubleline Opportunistic to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Doubleline Opportunistic Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Doubleline Opportunistic competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
14.9715.4415.91
Details
Intrinsic
Valuation
LowRealHigh
14.9715.4415.91
Details
Naive
Forecast
LowNextHigh
14.8615.3315.80
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.2215.3715.52
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Doubleline Opportunistic. Your research has to be compared to or analyzed against Doubleline Opportunistic's peers to derive any actionable benefits. When done correctly, Doubleline Opportunistic's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Doubleline Opportunistic.

Doubleline Opportunistic Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Doubleline Opportunistic and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Doubleline and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Doubleline Opportunistic does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
JPM
+ 0.83
CRM
CRM
+ 0.73
T
XOM
+ 0.72
META
CRM
+ 0.68
META
XOM
+ 0.68
CRM
MRK
+ 0.64
A
  
High negative correlations   
MRK
- 0.92
CRM
MRK
- 0.83
JPM
MRK
- 0.76
T
JPM
- 0.65
A
XOM
- 0.57
MRK
MRK
- 0.56
META

Doubleline Opportunistic Competition Risk-Adjusted Indicators

There is a big difference between Doubleline Etf performing well and Doubleline Opportunistic ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Doubleline Opportunistic's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
META  1.05  0.00 (0.03) 0.12  1.40 
(1.14)
 2.62 
(3.15)
 8.02 
MSFT  0.88 (0.08)(0.07) 0.01  1.51 
(0.82)
 2.09 
(1.85)
 8.19 
UBER  1.60 (0.14) 0.00 (0.02) 0.00 
 0.00 
 2.69 
(2.44)
 20.10 
F  1.43 (0.12)(0.02) 0.04  2.19 
(1.43)
 2.75 
(2.90)
 11.72 
T  0.92  0.28  0.14  24.43  0.85 
(1.04)
 2.56 
(1.72)
 6.47 
A  1.14 (0.13) 0.00 (0.12) 0.00 
 0.00 
 2.29 
(2.42)
 9.02 
CRM  1.28  0.29  0.25  0.37  0.90 
(1.52)
 3.18 
(1.91)
 9.09 
JPM  1.12  0.00  0.06  0.12  1.44 
(1.17)
 2.05 
(2.00)
 15.87 
MRK  0.85 (0.26) 0.00 (1.12) 0.00 
 0.00 
 1.73 
(2.13)
 4.89 
XOM  1.03  0.03 (0.01) 0.18  1.21 
(1.11)
 2.14 
(2.09)
 5.78 
All Fundamental Data

Doubleline Opportunistic Competitive Analysis

The better you understand Doubleline Opportunistic competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Doubleline Opportunistic's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Doubleline Opportunistic's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
DBL GDO HIE BWG WDI DLY HFRO AWF EMD DSL
 0.92 
 15.44 
Doubleline
 0.26 
 11.56 
Western
 0.32 
 12.56 
Miller/howard
 0.48 
 8.38 
Brandywineglobal
 0.20 
 14.75 
Western
 0.55 
 16.43 
Doubleline
 9.07 
 5.77 
Highland
 0.65 
 10.92 
Alliancebernstein
 0.20 
 9.92 
Western
 0.39 
 12.65 
Doubleline
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Not too volatile
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Good
Very Weak
Very Weak
Modest
Very Weak
Very Weak
Modest
Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Dangerous
Low
High
Low
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Fairly Valued
Under Valued
Fairly Valued
Fairly Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Hold
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Cautious Hold
Sell
Hold
Hold
Cautious Hold
Cautious Hold
Hold
Hold
Hold
Current Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.91
0.09
N/A
Net Asset
N/A
N/A
N/A
N/A
1.19 B
N/A
N/A
N/A
N/A
7.8 B
Profit Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
3.45
N/A
N/A
EBITDA
N/A
N/A
N/A
N/A
273.03 M
N/A
N/A
N/A
N/A
N/A
Price To Book
N/A
N/A
N/A
N/A
0.96
N/A
N/A
0.84
0.6
N/A
Current Valuation
N/A
N/A
N/A
N/A
N/A
N/A
N/A
814.95 M
749.06 M
N/A
Operating Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
82.73
84.28
N/A
Five Year Return
2.13
0.0637
10.21
0.13
N/A
N/A
5.43
4.28
1.62
1.95
Retained Earnings
N/A
N/A
N/A
N/A
(230.26 M)
N/A
N/A
N/A
24.75 M
N/A
Current Asset
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
One Year Return
16.56
7.5
23.21
13.74
N/A
16.62
5.62
14.64
19.0
19.96
Beta
0.15
0.4
1.6
0.29
N/A
N/A
N/A
0.72
0.82
0.56
Shares Outstanding
15.4 M
14.94 M
18.69 M
16.79 M
51.79 M
47.95 M
71.42 M
86.23 M
60.75 M
102 M
Three Year Return
1.44
-3.41
9.35
-0.77
N/A
1.88
3.17
3.59
0.62
-0.76
Cash Flow From Operations
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
137.8 M
N/A
Annual Yield
0.0012
0.0065
0.0058
0.0057
0.13
0.0058
0.005
0.0073
0.0075
0.0057
Total Debt
N/A
N/A
N/A
N/A
358 M
N/A
N/A
1.05 M
276.71 M
N/A
Return On Equity
N/A
N/A
N/A
N/A
-18.35
N/A
N/A
0.21
-30.55
N/A
Number Of Shares Shorted
23.01 K
1.29 K
22.52 K
10.73 K
27.34 K
39.35 K
18.93 K
33.76 K
26.6 K
308.62 K
Return On Asset
N/A
N/A
N/A
N/A
N/A
N/A
N/A
2.95
3.27
N/A
Book Value Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
12.15
15.38
N/A
Current Liabilities
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Asset
N/A
N/A
N/A
N/A
1.19 B
N/A
N/A
N/A
371.74 M
490.78 M
Last Dividend Paid
1.32
1.21
0.61
1.08
N/A
1.4
0.92
0.79
0.96
1.32
Short Ratio
0.3
0.03
0.48
0.24
0.18
0.2
0.08
0.18
0.13
0.62
Debt To Equity
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.001
0.46
N/A
Shares Owned By Institutions
36.63
30.1
51.91
63.96
30.67
24.67
69.57
28.1
41.03
24.07
Market Capitalization
254.24 M
218.8 M
101.3 M
163.55 M
765.43 M
786.31 M
578.91 M
893.34 M
607.46 M
1.4 B
Price To Earning
N/A
10.41
8.78
10.54
51.63
N/A
4.67
333.33
11.88
N/A
Price To Sales
N/A
N/A
N/A
N/A
7.08
N/A
N/A
13.79
8.39
N/A
Net Income
N/A
N/A
N/A
N/A
124.84 M
N/A
N/A
2.19 M
(227.98 M)
N/A
Earnings Per Share
N/A
1.38
1.16
0.76
2.06
N/A
2.45
-0.23
0.78
N/A
Shares Owned By Insiders
N/A
N/A
0.02
N/A
N/A
N/A
N/A
0.01
N/A
N/A
Year To Date Return
10.98
0.68
18.34
3.53
N/A
10.98
4.08
8.75
10.45
12.66
Revenue
N/A
N/A
N/A
N/A
126.33 M
N/A
N/A
63.52 M
66.89 M
N/A
Working Capital
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash And Equivalents
N/A
N/A
N/A
N/A
N/A
N/A
N/A
106.42 K
9.02 M
N/A
Cash Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.15
N/A
Gross Profit
N/A
N/A
N/A
N/A
N/A
N/A
N/A
63.52 M
70.94 M
N/A
Day Typical Price
15.41
11.55
12.55
8.37
14.79
16.39
5.77
10.93
9.93
12.68
Accumulation Distribution
0.0103
678.37
0.0064
0.0143
3039.51
694.11
52097.89
0.0127
1891.96
2465.05
Market Facilitation Index
0.16
0.0
0.08
0.12
0.0
0.0
N/A
0.14
N/A
N/A
Daily Balance Of Power
0.875
0.2143
0.5
0.3333
(0.17)
0.75
1.777778
0.5
(0.25)
(0.50)
Period Momentum Indicator
0.14
0.03
0.04
0.04
(0.03)
0.09
0.48
0.07
(0.02)
(0.05)
Rate Of Daily Change
1.01
1.0
1.0
1.0
1.0
1.01
1.09
1.01
1.0
1.0
Day Median Price
15.39
11.54
12.55
8.36
14.81
16.37
5.78
10.93
9.93
12.69
Price Action Indicator
0.12
0.035
0.03
0.04
(0.07)
0.11
0.23
0.025
(0.02)
(0.07)
Relative Strength Index
53.36
42.96
53.77
61.9
45.78
57.5
28.0
61.25
51.36
55.36
Coefficient Of Variation
22706.66
(463.48)
532.71
4199.56
5381.26
1800.65
(744.15)
2819.5
949.11
2709.43
Mean Deviation
0.3698
0.3731
0.4226
0.4426
0.4336
0.4866
0.7926
0.3284
0.4879
0.4531
Jensen Alpha
(0.02)
(0.12)
0.1081
(0.03)
(0.01)
(0)
(0.18)
(0.02)
0.0256
(0.01)
Total Risk Alpha
(0.08)
(0.19)
0.008
(0.09)
(0.09)
(0.08)
(0.31)
(0.06)
(0.04)
(0.08)
Sortino Ratio
(0.25)
N/A
(0.03)
(0.16)
(0.17)
(0.14)
N/A
(0.27)
(0.12)
(0.20)
Downside Variance
0.2702
N/A
0.4234
0.5269
0.5171
0.4267
N/A
0.1895
0.32
0.2843
Standard Deviation
0.468
0.4715
0.5959
0.6113
0.5908
0.664
1.02
0.4172
0.6081
0.6014
Kurtosis
(0.19)
0.0302
2.55
2.25
1.3
1.72
(0.13)
0.0946
(0.26)
0.5704
Potential Upside
0.7256
0.5115
1.07
0.8505
0.8305
0.9446
1.54
0.7326
1.12
1.11
Treynor Ratio
(0.07)
(1.22)
(1.98)
0.0162
0.0091
0.1163
(0.57)
0.0204
0.2291
0.0591
Maximum Drawdown
2.0
2.01
3.07
3.58
2.86
3.46
4.82
1.91
2.66
2.9
Variance
0.219
0.2223
0.3551
0.3737
0.3491
0.4409
1.04
0.1741
0.3698
0.3617
Market Risk Adjusted Performance
(0.06)
(1.21)
(1.97)
0.0262
0.0191
0.1263
(0.56)
0.0304
0.2391
0.0691
Risk Adjusted Performance
(0)
(0.17)
0.1411
0.0157
0.0113
0.041
(0.10)
0.0188
0.0782
0.0256
Skewness
(0.28)
(0.40)
(0.11)
(0.78)
(0.88)
0.3613
(0.04)
(0.31)
0.0449
0.6074
Semi Deviation
0.4627
N/A
0.3651
0.6228
0.6394
0.5805
N/A
0.3777
0.4652
0.4655
Information Ratio
(0.28)
(0.49)
(0.03)
(0.19)
(0.20)
(0.14)
(0.26)
(0.28)
(0.11)
(0.18)
Value At Risk
(0.79)
(0.98)
(0.73)
(1.04)
(0.92)
(1.07)
(1.78)
(0.74)
(0.83)
(0.87)
Expected Short fall
(0.41)
N/A
(0.49)
(0.49)
(0.44)
(0.54)
N/A
(0.39)
(0.58)
(0.58)
Downside Deviation
0.5198
N/A
0.6507
0.7259
0.7191
0.6532
N/A
0.4353
0.5657
0.5332
Semi Variance
0.2141
N/A
0.1333
0.3879
0.4088
0.3369
N/A
0.1427
0.2164
0.2167

Doubleline Opportunistic Competition Performance Charts

Five steps to successful analysis of Doubleline Opportunistic Competition

Doubleline Opportunistic's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Doubleline Opportunistic in relation to its competition. Doubleline Opportunistic's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Doubleline Opportunistic in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Doubleline Opportunistic's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Doubleline Opportunistic, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Doubleline Opportunistic position

In addition to having Doubleline Opportunistic 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 Rentals Thematic Idea Now

Rentals
Rentals Theme
Companies providing rental and leasing services to public and business. The Rentals theme has 48 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 Rentals Theme or any other thematic opportunities.
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Other Information on Investing in Doubleline Etf

Doubleline Opportunistic financial ratios help investors to determine whether Doubleline Etf 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 Opportunistic security.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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