Doubleline Income Fund Market Value

DBLIX Fund  USD 8.00  0.01  0.13%   
Doubleline Income's market value is the price at which a share of Doubleline Income trades on a public exchange. It measures the collective expectations of Doubleline Income investors about its performance. Doubleline Income is trading at 8.00 as of the 25th of February 2025; that is 0.13 percent increase since the beginning of the trading day. The fund's open price was 7.99.
With this module, you can estimate the performance of a buy and hold strategy of Doubleline Income and determine expected loss or profit from investing in Doubleline Income over a given investment horizon. Check out Doubleline Income Correlation, Doubleline Income Volatility and Doubleline Income Alpha and Beta module to complement your research on Doubleline Income.
Symbol

Please note, there is a significant difference between Doubleline Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if Doubleline Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Doubleline Income'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.

Doubleline Income '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 Income'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 Income.
0.00
01/26/2025
No Change 0.00  0.0 
In 31 days
02/25/2025
0.00
If you would invest  0.00  in Doubleline Income on January 26, 2025 and sell it all today you would earn a total of 0.00 from holding Doubleline Income or generate 0.0% return on investment in Doubleline Income over 30 days. Doubleline Income is related to or competes with Intal High, Vanguard Growth, Rbc Emerging, Small Company, Versatile Bond, Glg Intl, and Credit Suisse. The fund will also seek to construct a portfolio that provides yield and duration characteristics that are attractive relative to those offered by a portfolio of corporate debt instruments by investing principally in a combination of mortgage-backed securities, other asset-backed securities, and collateralized loan obligations . More

Doubleline Income 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 Income'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 Income upside and downside potential and time the market with a certain degree of confidence.

Doubleline Income Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Doubleline Income's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Doubleline Income's standard deviation. In reality, there are many statistical measures that can use Doubleline Income historical prices to predict the future Doubleline Income's volatility.
Hype
Prediction
LowEstimatedHigh
7.918.008.09
Details
Intrinsic
Valuation
LowRealHigh
7.208.698.78
Details
Naive
Forecast
LowNextHigh
7.907.998.08
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.957.977.99
Details

Doubleline Income Backtested Returns

At this stage we consider Doubleline Mutual Fund to be very steady. Doubleline Income secures Sharpe Ratio (or Efficiency) of 0.5, which denotes the fund had a 0.5 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Doubleline Income, which you can use to evaluate the volatility of the entity. Please confirm Doubleline Income's Mean Deviation of 0.0738, standard deviation of 0.0852, and Variance of 0.0073 to check if the risk estimate we provide is consistent with the expected return of 0.0437%. The fund shows a Beta (market volatility) of 0.0101, which means not very significant fluctuations relative to the market. As returns on the market increase, Doubleline Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding Doubleline Income is expected to be smaller as well.

Auto-correlation

    
  0.66  

Good predictability

Doubleline Income has good predictability. Overlapping area represents the amount of predictability between Doubleline Income time series from 26th of January 2025 to 10th of February 2025 and 10th of February 2025 to 25th of February 2025. 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 Income price movement. The serial correlation of 0.66 indicates that around 66.0% of current Doubleline Income price fluctuation can be explain by its past prices.
Correlation Coefficient0.66
Spearman Rank Test0.93
Residual Average0.0
Price Variance0.0
Doubleline ReturnsDoubleline Lagged ReturnsDiversified AwayDoubleline ReturnsDoubleline Lagged ReturnsDiversified Away100%

Doubleline Income lagged returns against current returns

Autocorrelation, which is Doubleline Income 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 Income's mutual fund expected returns. We can calculate the autocorrelation of Doubleline Income returns to help us make a trade decision. For example, suppose you find that Doubleline Income 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   
JavaScript chart by amCharts 3.21.15Feb 10Feb 12Feb 14Feb 16Feb 18Feb 20Feb 22Feb 24-0.1%0%0.1%0.2%0.3%0.4%0.5% 1
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

Doubleline Income 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 Income mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Doubleline Income 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 Income mutual fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Feb 10Feb 12Feb 14Feb 16Feb 18Feb 20Feb 22Feb 247.947.957.967.977.987.99
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Doubleline Income Lagged Returns

When evaluating Doubleline Income's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Doubleline Income mutual fund have on its future price. Doubleline Income 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 Income autocorrelation shows the relationship between Doubleline Income mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Doubleline Income.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15Jan 27Jan 31FebFeb 08Feb 12Feb 16Feb 20Feb 247.947.957.967.977.987.998.00
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

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Other Information on Investing in Doubleline Mutual Fund

Doubleline Income 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 Income security.
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