Doubleline Opportunistic Credit Etf Short Ratio
| DBL Etf | USD 15.44 0.14 0.92% |
Doubleline Opportunistic Credit fundamentals help investors to digest information that contributes to Doubleline Opportunistic's financial success or failures. It also enables traders to predict the movement of Doubleline Etf. The fundamental analysis module provides a way to measure Doubleline Opportunistic's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Doubleline Opportunistic etf.
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Doubleline Opportunistic Credit ETF Short Ratio Analysis
Doubleline Opportunistic's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Doubleline Opportunistic Short Ratio | 0.30 X |
Most of Doubleline Opportunistic's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Doubleline Opportunistic Credit is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
| Competition |
Based on the latest financial disclosure, Doubleline Opportunistic Credit has a Short Ratio of 0.3 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The short ratio for all United States etfs is notably lower than that of the firm.
Doubleline Short Ratio 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 Short Ratio 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 short ratio 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.