Doubleline Etf Trust Etf One Year Return
| DMBS Etf | 48.95 0.13 0.27% |
Doubleline Etf Trust fundamentals help investors to digest information that contributes to Doubleline Etf'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 Etf'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 Etf etf.
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Doubleline Etf Trust ETF One Year Return Analysis
Doubleline Etf's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
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One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Doubleline Etf One Year Return | 8.70 % |
Most of Doubleline Etf's fundamental indicators, such as One Year Return, 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 Etf Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Doubleline Etf Trust has an One Year Return of 8.7%. This is much higher than that of the family and significantly higher than that of the Intermediate Core Bond category. The one year return for all United States etfs is notably lower than that of the firm.
Doubleline One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Doubleline Etf's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Doubleline Etf could also be used in its relative valuation, which is a method of valuing Doubleline Etf by comparing valuation metrics of similar companies.Doubleline Etf is currently under evaluation in one year return as compared to similar ETFs.
About Doubleline Etf Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Doubleline Etf Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Doubleline Etf using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Doubleline Etf Trust 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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Check out Doubleline Etf Piotroski F Score and Doubleline Etf Altman Z Score analysis. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of Doubleline Etf Trust is measured differently than its book value, which is the value of Doubleline that is recorded on the company's balance sheet. Investors also form their own opinion of Doubleline Etf's value that differs from its market value or its book value, called intrinsic value, which is Doubleline Etf's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Doubleline Etf's market value can be influenced by many factors that don't directly affect Doubleline Etf's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Doubleline Etf's value and its price as these two are different measures arrived at by different means. Investors typically determine if Doubleline Etf is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Doubleline Etf's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.