Doubleline Selective Credit Fund Price on September 16, 2024
| DBSCX Fund | USD 7.47 0.03 0.40% |
Below is the normalized historical share price chart for Doubleline Selective Credit extending back to August 04, 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 Selective stands at 7.47, as last reported on the 30th of November, with the highest price reaching 7.47 and the lowest price hitting 7.47 during the day.
If you're considering investing in Doubleline Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Doubleline Mutual Fund to be very steady. Doubleline Selective secures Sharpe Ratio (or Efficiency) of 0.0861, which denotes the fund had a 0.0861% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Doubleline Selective Credit, which you can use to evaluate the volatility of the entity. Please confirm Doubleline Selective's Coefficient Of Variation of 1224.14, downside deviation of 0.2344, and Mean Deviation of 0.1349 to check if the risk estimate we provide is consistent with the expected return of 0.0149%.
Doubleline Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Doubleline |
Sharpe Ratio = 0.0861
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DBSCX |
Estimated Market Risk
| 0.17 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Doubleline Selective is performing at about 6% of its full potential. 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 Selective by adding it to a well-diversified portfolio.
Doubleline Selective Valuation on September 16, 2024
It is possible to determine the worth of Doubleline Selective on a given historical date. On September 16, 2024 Doubleline was worth 7.48 at the beginning of the trading date compared to the closed value of 7.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Doubleline Selective mutual fund. Still, in general, we apply an absolute valuation method to find Doubleline Selective'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 Selective where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Doubleline Selective's related companies.
| Open | High | Low | Close | Volume | |
| 7.47 | 7.47 | 7.47 | 7.47 | 1.00 | |
09/16/2024 | 7.48 | 7.48 | 7.48 | 7.48 | 1.00 |
| 7.48 | 7.48 | 7.48 | 7.48 | 1.00 |
| Backtest Doubleline Selective | | | Doubleline Selective History | | | Doubleline Selective Valuation | Previous | Next |
Doubleline Selective Trading Date Momentum on September 16, 2024
| On September 17 2024 Doubleline Selective Credit was traded for 7.48 at the closing time. The highest daily price throughout the period was 7.48 and the lowest price was 7.48 . There was no trading activity during the period 1.0. Lack of trading volume on 09/17/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Doubleline Selective Fundamentals Correlations and Trends
By evaluating Doubleline Selective'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 Selective'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 Selective Mutual Fund history
Doubleline Selective 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 Selective 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 Selective stock prices may prove useful in developing a viable investing in Doubleline Selective
The fund will seek to achieve its investment objective by investing principally in a portfolio of residential and commercial mortgage-backed securities and other asset-backed securities. It will normally invest at least 25 percent of its total assets in mortgage-backed securities, including privately-issued securities. The fund may invest in collateralized bond obligations , CLOs, other CDOs, and other similarly structured securities.
Doubleline Selective Mutual Fund Technical Analysis
Doubleline Selective 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 Selective Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Doubleline Selective Credit 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 Selective November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Doubleline Selective 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 Selective shares will generate the highest return on investment. By undertsting and applying Doubleline Selective mutual fund market strength indicators, traders can identify Doubleline Selective Credit entry and exit signals to maximize returns
Doubleline Selective Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Doubleline Selective'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 | 0.0291 | |||
| Jensen Alpha | 0.0072 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.53) | |||
| Treynor Ratio | (0.20) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Doubleline Mutual Fund
Doubleline Selective 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 Selective security.
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |