Doubleline Flexible Total Risk Alpha

DLINX Fund  USD 8.74  0.01  0.11%   
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Doubleline Flexible Income has current Total Risk Alpha of 0.0256. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.

Total Risk Alpha

 = 

RFR + (ER[b] - ER[a])

x

STD[a] / STD[b]

 = 
0.0256
ER[a] = Expected return on investing in Doubleline Flexible
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Doubleline Flexible
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Doubleline Flexible Total Risk Alpha Peers Comparison

0.00000.02560.01880.01890.0097100%

Doubleline Total Risk Alpha Relative To Other Indicators

Doubleline Flexible Income is one of the top funds in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  13.52  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Doubleline Flexible Income is roughly  13.52 
JavaScript chart by amCharts 3.21.15CHYYXDBLSXPAIDXEKIZXDBFRXDLINX 00.20.40.60.81.01.2 -0.05-0.04-0.03-0.02-0.0100.010.020.03
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Doubleline Flexible to Peers

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