Doubleline Long Duration Fund Price on November 4, 2024
| DBLDX Fund | USD 6.58 0.03 0.46% |
Below is the normalized historical share price chart for Doubleline Long Duration extending back to December 15, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Doubleline Long stands at 6.58, as last reported on the 30th of November, with the highest price reaching 6.58 and the lowest price hitting 6.58 during the day.
If you're considering investing in Doubleline Mutual Fund, it is important to understand the factors that can impact its price. Doubleline Long Duration secures Sharpe Ratio (or Efficiency) of -0.0734, which denotes the fund had a -0.0734% return per unit of risk over the last 3 months. Doubleline Long Duration exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Doubleline Long's Mean Deviation of 0.5688, standard deviation of 0.7404, and Variance of 0.5482 to check the risk estimate we provide.
Doubleline Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Doubleline |
Sharpe Ratio = -0.0734
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| Negative Returns | DBLDX |
Estimated Market Risk
| 0.73 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Doubleline Long is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Doubleline Long by adding Doubleline Long to a well-diversified portfolio.
Doubleline Long Valuation on November 4, 2024
It is possible to determine the worth of Doubleline Long on a given historical date. On November 4, 2024 Doubleline was worth 6.47 at the beginning of the trading date compared to the closed value of 6.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Doubleline Long mutual fund. Still, in general, we apply an absolute valuation method to find Doubleline Long's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Doubleline Long where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Doubleline Long's related companies.
| Open | High | Low | Close | Volume | |
| 6.39 | 6.39 | 6.39 | 6.39 | 1.00 | |
11/04/2024 | 6.47 | 6.47 | 6.47 | 6.47 | 1.00 |
| 6.50 | 6.50 | 6.50 | 6.50 | 1.00 |
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Doubleline Long Trading Date Momentum on November 4, 2024
| On November 05 2024 Doubleline Long Duration was traded for 6.50 at the closing time. The highest daily price throughout the period was 6.50 and the lowest price was 6.50 . There was no trading activity during the period 1.0. Lack of trading volume on 11/05/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.46% . The overall trading delta to current closing price is 1.08% . |
Doubleline Long Duration Fundamentals Correlations and Trends
By evaluating Doubleline Long's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Doubleline Long's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Doubleline financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Doubleline Long Mutual Fund history
Doubleline Long investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Doubleline is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Doubleline Long Duration will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Doubleline Long stock prices may prove useful in developing a viable investing in Doubleline Long
The fund seeks long-term total return comprised of capital growth and current income by investing principally in debt securities of any kind. The adviser expects to construct an investment portfolio for the fund with a dollar-weighted average effective duration of at least ten years. The advisor intends to invest primarily in fixed income and other income-producing instruments rated investment grade and unrated securities considered by the adviser to be of comparable credit quality. It may invest up to 25 percent of its total assets in obligations of governmental or private obligors in emerging market countries.
Doubleline Long Mutual Fund Technical Analysis
Doubleline Long technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Doubleline Long Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Doubleline Long Duration cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Doubleline Long November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Doubleline Long mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Doubleline Long shares will generate the highest return on investment. By undertsting and applying Doubleline Long mutual fund market strength indicators, traders can identify Doubleline Long Duration entry and exit signals to maximize returns
Doubleline Long Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Doubleline Long's price direction in advance. Along with the technical and fundamental analysis of Doubleline Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Doubleline to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 0.3111 |
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| Volume Indicators |
Other Information on Investing in Doubleline Mutual Fund
Doubleline Long 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 Long security.
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