Doubleline Shiller Cape Etf Performance
| DCPE Etf | USD 31.65 0.19 0.60% |
The etf shows a Beta (market volatility) of 0.0163, which means not very significant fluctuations relative to the market. As returns on the market increase, DoubleLine Shiller's returns are expected to increase less than the market. However, during the bear market, the loss of holding DoubleLine Shiller is expected to be smaller as well.
Risk-Adjusted Performance
16 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in DoubleLine Shiller CAPE are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, DoubleLine Shiller may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
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DoubleLine Shiller Relative Risk vs. Return Landscape
If you would invest 2,904 in DoubleLine Shiller CAPE on September 12, 2024 and sell it today you would earn a total of 261.00 from holding DoubleLine Shiller CAPE or generate 8.99% return on investment over 90 days. DoubleLine Shiller CAPE is currently generating 0.1389% in daily expected returns and assumes 0.6667% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of etfs are less volatile than DoubleLine, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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DoubleLine Shiller Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DoubleLine Shiller's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as DoubleLine Shiller CAPE, and traders can use it to determine the average amount a DoubleLine Shiller's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2083
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Estimated Market Risk
| 0.67 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average DoubleLine Shiller is performing at about 16% 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 Shiller by adding it to a well-diversified portfolio.
About DoubleLine Shiller Performance
By analyzing DoubleLine Shiller's fundamental ratios, stakeholders can gain valuable insights into DoubleLine Shiller's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if DoubleLine Shiller has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if DoubleLine Shiller has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
DoubleLine Shiller is entity of United States. It is traded as Etf on NYSE ARCA exchange.