Doubleline Emerging Markets Fund Price on October 4, 2024
| DLELX Fund | USD 8.46 0.04 0.47% |
Below is the normalized historical share price chart for Doubleline Emerging Markets extending back to June 28, 2019. 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 Emerging stands at 8.46, as last reported on the 27th of November, with the highest price reaching 8.46 and the lowest price hitting 8.46 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 Emerging secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the fund had a -0.11% return per unit of risk over the last 3 months. Doubleline Emerging Markets exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Doubleline Emerging's Standard Deviation of 0.4031, variance of 0.1625, and Mean Deviation of 0.3284 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 = -0.1059
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| Negative Returns | DLELX |
Estimated Market Risk
| 0.41 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Doubleline Emerging 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 Emerging by adding Doubleline Emerging to a well-diversified portfolio.
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Doubleline Emerging Valuation on October 4, 2024
It is possible to determine the worth of Doubleline Emerging on a given historical date. On October 4, 2024 Doubleline was worth 8.82 at the beginning of the trading date compared to the closed value of 8.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Doubleline Emerging mutual fund. Still, in general, we apply an absolute valuation method to find Doubleline Emerging'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 Emerging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Doubleline Emerging's related companies.
| Open | High | Low | Close | Volume | |
| 8.84 | 8.84 | 8.84 | 8.84 | 1.00 | |
10/04/2024 | 8.82 | 8.82 | 8.82 | 8.82 | 1.00 |
| 8.76 | 8.76 | 8.76 | 8.76 | 1.00 |
| Backtest Doubleline Emerging | | | Doubleline Emerging History | | | Doubleline Emerging Valuation | Previous | Next |
Doubleline Emerging Trading Date Momentum on October 4, 2024
| On October 07 2024 Doubleline Emerging Markets was traded for 8.76 at the closing time. The highest daily price throughout the period was 8.76 and the lowest price was 8.76 . There was no trading activity during the period 1.0. Lack of trading volume on 10/07/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.68% . The overall trading delta to current closing price is 1.02% . |
Doubleline Emerging Fundamentals Correlations and Trends
By evaluating Doubleline Emerging'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 Emerging'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 Emerging Mutual Fund history
Doubleline Emerging 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 Emerging 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 Emerging stock prices may prove useful in developing a viable investing in Doubleline Emerging
The advisor intends to invest principally in bonds of issuers in emerging market countries denominated in local currencies. Under normal circumstances, the advisor intends to invest at least 80 percent of its net assets in bonds of issuers in emerging market countries denominated in the currencies of emerging market countries. It is non-diversified.
Doubleline Emerging Mutual Fund Technical Analysis
Doubleline Emerging 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 Emerging Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Doubleline Emerging Markets 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 Emerging November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Doubleline Emerging 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 Emerging shares will generate the highest return on investment. By undertsting and applying Doubleline Emerging mutual fund market strength indicators, traders can identify Doubleline Emerging Markets entry and exit signals to maximize returns
Doubleline Emerging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Doubleline Emerging'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 | (0.11) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (2.88) |
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| Math Transform | ||
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| Volume Indicators |
Other Information on Investing in Doubleline Mutual Fund
Doubleline Emerging 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 Emerging security.
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