Ci Doubleline Total Etf Market Value
| CDLB Etf | 16.72 0.00 0.00% |
| Symbol | CDLB |
CI DoubleLine 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to CI DoubleLine's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of CI DoubleLine.
| 12/03/2025 |
| 01/02/2026 |
If you would invest 0.00 in CI DoubleLine on December 3, 2025 and sell it all today you would earn a total of 0.00 from holding CI DoubleLine Total or generate 0.0% return on investment in CI DoubleLine over 30 days. CI DoubleLine is related to or competes with CI Europe, First Trust, CI Global, Global X, Purpose Conservative, Accelerate Canadian, and Evolve European. CI DoubleLine is entity of Canada. It is traded as Etf on TO exchange. More
CI DoubleLine Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure CI DoubleLine's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess CI DoubleLine Total upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6873 | |||
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 1.99 | |||
| Value At Risk | (0.24) | |||
| Potential Upside | 0.3012 |
CI DoubleLine Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CI DoubleLine's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CI DoubleLine's standard deviation. In reality, there are many statistical measures that can use CI DoubleLine historical prices to predict the future CI DoubleLine's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.7685 |
CI DoubleLine Total Backtested Returns
As of now, CDLB Etf is very steady. CI DoubleLine Total retains Efficiency (Sharpe Ratio) of 0.11, which signifies that the etf had a 0.11 % return per unit of price deviation over the last 3 months. We have found twenty-four technical indicators for CI DoubleLine, which you can use to evaluate the volatility of the entity. Please confirm CI DoubleLine's Coefficient Of Variation of 6904.61, standard deviation of 0.2766, and Market Risk Adjusted Performance of 0.7785 to double-check if the risk estimate we provide is consistent with the expected return of 0.025%. The etf owns a Beta (Systematic Risk) of -0.0078, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CI DoubleLine are expected to decrease at a much lower rate. During the bear market, CI DoubleLine is likely to outperform the market.
Auto-correlation | -0.36 |
Poor reverse predictability
CI DoubleLine Total has poor reverse predictability. Overlapping area represents the amount of predictability between CI DoubleLine time series from 3rd of December 2025 to 18th of December 2025 and 18th of December 2025 to 2nd of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CI DoubleLine Total price movement. The serial correlation of -0.36 indicates that just about 36.0% of current CI DoubleLine price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CI DoubleLine Total lagged returns against current returns
Autocorrelation, which is CI DoubleLine etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting CI DoubleLine's etf expected returns. We can calculate the autocorrelation of CI DoubleLine returns to help us make a trade decision. For example, suppose you find that CI DoubleLine has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
CI DoubleLine regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If CI DoubleLine etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CI DoubleLine etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CI DoubleLine etf over time.
Current vs Lagged Prices |
| Timeline |
CI DoubleLine Lagged Returns
When evaluating CI DoubleLine's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CI DoubleLine etf have on its future price. CI DoubleLine autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, CI DoubleLine autocorrelation shows the relationship between CI DoubleLine etf current value and its past values and can show if there is a momentum factor associated with investing in CI DoubleLine Total.
Regressed Prices |
| Timeline |
Pair Trading with CI DoubleLine
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CI DoubleLine position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CI DoubleLine will appreciate offsetting losses from the drop in the long position's value.Moving together with CDLB Etf
Moving against CDLB Etf
| 0.59 | FBTC | Fidelity Advantage | PairCorr |
| 0.59 | BTCC | Purpose Bitcoin ETF | PairCorr |
| 0.59 | ETC | Evolve Cryptocurrencies | PairCorr |
| 0.58 | BTCQ | 3iQ Bitcoin ETF | PairCorr |
| 0.58 | EBIT | Bitcoin ETF CAD | PairCorr |
The ability to find closely correlated positions to CI DoubleLine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CI DoubleLine when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CI DoubleLine - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CI DoubleLine Total to buy it.
The correlation of CI DoubleLine is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CI DoubleLine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CI DoubleLine Total moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CI DoubleLine can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in CDLB Etf
CI DoubleLine financial ratios help investors to determine whether CDLB 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 CDLB with respect to the benefits of owning CI DoubleLine security.