Doubleline Long Duration Fund Price on December 2, 2024

DBLDX Fund  USD 6.56  0.02  0.30%   
If you're considering investing in Doubleline Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Doubleline Long stands at 6.56, as last reported on the 11th of December 2024, with the highest price reaching 6.56 and the lowest price hitting 6.56 during the day. Doubleline Long Duration secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the fund had a -0.13% return per unit of risk over the last 3 months. Doubleline Long Duration exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Doubleline Long's Variance of 0.514, mean deviation of 0.5411, and Standard Deviation of 0.7169 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.

Sharpe Ratio = -0.13

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Estimated Market Risk

 0.72
  actual daily
6
94% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  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 December 2, 2024

It is possible to determine the worth of Doubleline Long on a given historical date. On December 2, 2024 Doubleline was worth 6.59 at the beginning of the trading date compared to the closed value of 6.59. 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
  6.58    6.58    6.58    6.58    1.00  
12/02/2024
  6.59    6.59    6.59    6.59    1.00  
  6.56    6.56    6.56    6.56    1.00  
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Open Value
6.59
6.59
Closing Value
8.75
Upside

Doubleline Long Trading Date Momentum on December 2, 2024

On December 03 2024 Doubleline Long Duration was traded for  6.56  at the closing time. The highest daily price throughout the period was 6.56  and the lowest price was  6.56 . There was no trading activity during the period 1.0. Lack of trading volume on 12/03/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.46% . The overall trading delta to current closing price is 0.46% .

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. Doubleline Long is traded on NASDAQ Exchange in the United States.

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.
A focus of Doubleline Long technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Doubleline Long trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Doubleline Long Period Price Range

Low
December 11, 2024
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High

 0.00 

     

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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 December 11, 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.

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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