Doubleline Floating Rate Fund Price on October 28, 2024
| DLFRX Fund | USD 9.10 0.01 0.11% |
Below is the normalized historical share price chart for Doubleline Floating Rate extending back to February 01, 2013. 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 Floating stands at 9.10, as last reported on the 24th of November, with the highest price reaching 9.10 and the lowest price hitting 9.10 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 Floating Rate secures Sharpe Ratio (or Efficiency) of 0.66, which denotes the fund had a 0.66% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Doubleline Floating Rate, which you can use to evaluate the volatility of the entity. Please confirm Doubleline Floating's Mean Deviation of 0.0483, standard deviation of 0.0522, and Variance of 0.0027 to check if the risk estimate we provide is consistent with the expected return of 0.0342%.
DOUBLELINE Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
DOUBLELINE |
Sharpe Ratio = 0.6615
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Based on monthly moving average Doubleline Floating is performing at about 52% 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 Floating by adding it to a well-diversified portfolio.
Doubleline Floating Valuation on October 28, 2024
It is possible to determine the worth of Doubleline Floating on a given historical date. On October 28, 2024 DOUBLELINE was worth 9.02 at the beginning of the trading date compared to the closed value of 9.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Doubleline Floating mutual fund. Still, in general, we apply an absolute valuation method to find Doubleline Floating'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 Floating where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Doubleline Floating's related companies.
| Open | High | Low | Close | Volume | |
| 9.02 | 9.02 | 9.02 | 9.02 | 1.00 | |
10/28/2024 | 9.02 | 9.02 | 9.02 | 9.02 | 1.00 |
| 9.03 | 9.03 | 9.03 | 9.03 | 1.00 |
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Doubleline Floating Trading Date Momentum on October 28, 2024
| On October 29 2024 Doubleline Floating Rate was traded for 9.03 at the closing time. The highest daily price throughout the period was 9.03 and the lowest price was 9.03 . There was no trading activity during the period 1.0. Lack of trading volume on 10/29/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.11% . The overall trading delta to current closing price is 0.33% . |
Doubleline Floating Rate Fundamentals Correlations and Trends
By evaluating Doubleline Floating'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 Floating'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 Floating Mutual Fund history
Doubleline Floating 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 Floating Rate 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 Floating stock prices may prove useful in developing a viable investing in Doubleline Floating
The fund normally will invest at least 80 percent of its net assets in floating rate loans and other floating rate investments. The adviser expects that many or all of the funds investments will be rated below investment grade or unrated but of comparable credit quality. It may invest in securities of stressed, distressed, and defaulted issuers .
Doubleline Floating Mutual Fund Technical Analysis
Doubleline Floating 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 Floating Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Doubleline Floating Rate 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 Floating November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Doubleline Floating 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 Floating shares will generate the highest return on investment. By undertsting and applying Doubleline Floating mutual fund market strength indicators, traders can identify Doubleline Floating Rate entry and exit signals to maximize returns
Doubleline Floating Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Doubleline Floating'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 | 0.383 | |||
| Jensen Alpha | 0.024 | |||
| Total Risk Alpha | 0.0172 | |||
| Treynor Ratio | 2.13 |
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Other Information on Investing in DOUBLELINE Mutual Fund
Doubleline Floating 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 Floating security.
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