Doubleline Emerging Markets Fund Market Value
| DBLEX Fund | USD 8.98 0.03 0.33% |
| Symbol | Doubleline |
Doubleline Emerging '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 Doubleline Emerging's mutual fund 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 Doubleline Emerging.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Doubleline Emerging on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Doubleline Emerging Markets or generate 0.0% return on investment in Doubleline Emerging over 30 days. Doubleline Emerging is related to or competes with Rbb Fund, Scharf Global, Iaadx, Qs Us, and Bbh Partner. The advisor intends to invest at least 80 percent of the funds net assets in fixed income instruments More
Doubleline Emerging 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 Doubleline Emerging's mutual fund 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 Doubleline Emerging Markets upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.99) | |||
| Maximum Drawdown | 0.6679 | |||
| Value At Risk | (0.22) | |||
| Potential Upside | 0.222 |
Doubleline Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Doubleline Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Doubleline Emerging's standard deviation. In reality, there are many statistical measures that can use Doubleline Emerging historical prices to predict the future Doubleline Emerging's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | 4.28 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Doubleline Emerging's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Doubleline Emerging Backtested Returns
Doubleline Emerging secures Sharpe Ratio (or Efficiency) of -0.0113, which denotes the fund had a -0.0113% return per unit of risk over the last 3 months. Doubleline Emerging Markets exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Doubleline Emerging's Standard Deviation of 0.1429, variance of 0.0204, and Mean Deviation of 0.1052 to check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0031, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Doubleline Emerging are expected to decrease at a much lower rate. During the bear market, Doubleline Emerging is likely to outperform the market.
Auto-correlation | -0.4 |
Poor reverse predictability
Doubleline Emerging Markets has poor reverse predictability. Overlapping area represents the amount of predictability between Doubleline Emerging time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Doubleline Emerging price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Doubleline Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Doubleline Emerging lagged returns against current returns
Autocorrelation, which is Doubleline Emerging mutual fund'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 Doubleline Emerging's mutual fund expected returns. We can calculate the autocorrelation of Doubleline Emerging returns to help us make a trade decision. For example, suppose you find that Doubleline Emerging has exhibited high autocorrelation historically, and you observe that the mutual fund 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 |
Doubleline Emerging 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 Doubleline Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Doubleline Emerging mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Doubleline Emerging mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Doubleline Emerging Lagged Returns
When evaluating Doubleline Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Doubleline Emerging mutual fund have on its future price. Doubleline Emerging 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, Doubleline Emerging autocorrelation shows the relationship between Doubleline Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Doubleline Emerging Markets.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Doubleline Mutual Fund
Doubleline Emerging financial ratios help investors to determine whether Doubleline Mutual Fund 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 Emerging security.
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