Doubleline Opportunistic Credit Etf Current Valuation
DBL Etf | USD 15.42 0.02 0.13% |
Valuation analysis of Doubleline Opportunistic helps investors to measure Doubleline Opportunistic's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Doubleline Opportunistic's price fluctuation is very steady at this time. Calculation of the real value of Doubleline Opportunistic is based on 3 months time horizon. Increasing Doubleline Opportunistic's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Doubleline etf is determined by what a typical buyer is willing to pay for full or partial control of Doubleline Opportunistic Credit. Since Doubleline Opportunistic is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Doubleline Etf. However, Doubleline Opportunistic's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. Historical | Market 15.42 | Real 14.81 | Hype 15.42 | Naive 15.34 |
The intrinsic value of Doubleline Opportunistic's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence Doubleline Opportunistic's stock price.
Estimating the potential upside or downside of Doubleline Opportunistic Credit helps investors to forecast how Doubleline etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Doubleline Opportunistic more accurately as focusing exclusively on Doubleline Opportunistic's fundamentals will not take into account other important factors: Doubleline Opportunistic Credit ETF Current Valuation Analysis
Doubleline Opportunistic's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition |
In accordance with the recently published financial statements, Doubleline Opportunistic Credit has a Current Valuation of 0.0. This indicator is about the same for the Financial Services average (which is currently at 0.0) family and about the same as Asset Management (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Doubleline Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Doubleline Opportunistic's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Doubleline Opportunistic could also be used in its relative valuation, which is a method of valuing Doubleline Opportunistic by comparing valuation metrics of similar companies.Doubleline Opportunistic is currently under evaluation in current valuation as compared to similar ETFs.
Doubleline Fundamentals
Shares Outstanding | 15.4 M | ||||
Shares Owned By Institutions | 36.63 % | ||||
Number Of Shares Shorted | 23.01 K | ||||
Short Ratio | 0.30 X | ||||
Number Of Employees | 10 | ||||
Beta | 0.15 | ||||
Market Capitalization | 254.24 M | ||||
Annual Yield | 0 % | ||||
Year To Date Return | 10.98 % | ||||
One Year Return | 16.56 % | ||||
Three Year Return | 1.44 % | ||||
Five Year Return | 2.13 % | ||||
Last Dividend Paid | 1.32 |
About Doubleline Opportunistic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Doubleline Opportunistic Credit's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Doubleline Opportunistic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Doubleline Opportunistic Credit based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Doubleline Opportunistic financial ratios help investors to determine whether Doubleline Etf 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 Opportunistic security.