Doubleline Shiller Enhanced Fund Market Value
| DSEUX Fund | USD 11.35 0.12 1.07% |
| Symbol | Doubleline |
Doubleline Shiller '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 Shiller'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 Shiller.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Doubleline Shiller on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Doubleline Shiller Enhanced or generate 0.0% return on investment in Doubleline Shiller over 720 days. Doubleline Shiller is related to or competes with Doubleline Strategic, Doubleline Emerging, Doubleline Emerging, Doubleline Floating, Doubleline Core, Doubleline Global, and Doubleline Flexible. The advisor seeks total return in excess of the benchmark index, the MSCI Europe Net Return USD Index, over a full marke... More
Doubleline Shiller 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 Shiller'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 Shiller Enhanced upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 4.75 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 1.22 |
Doubleline Shiller Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Doubleline Shiller's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Doubleline Shiller's standard deviation. In reality, there are many statistical measures that can use Doubleline Shiller historical prices to predict the future Doubleline Shiller's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.74) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Doubleline Shiller'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 Shiller Backtested Returns
Doubleline Shiller secures Sharpe Ratio (or Efficiency) of -0.16, which denotes the fund had a -0.16% return per unit of risk over the last 3 months. Doubleline Shiller Enhanced exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Doubleline Shiller's Standard Deviation of 0.8889, mean deviation of 0.6819, and Variance of 0.7902 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.18, which means not very significant fluctuations relative to the market. As returns on the market increase, Doubleline Shiller's returns are expected to increase less than the market. However, during the bear market, the loss of holding Doubleline Shiller is expected to be smaller as well.
Auto-correlation | -0.09 |
Very weak reverse predictability
Doubleline Shiller Enhanced has very weak reverse predictability. Overlapping area represents the amount of predictability between Doubleline Shiller time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 Shiller price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Doubleline Shiller price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Doubleline Shiller lagged returns against current returns
Autocorrelation, which is Doubleline Shiller 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 Shiller's mutual fund expected returns. We can calculate the autocorrelation of Doubleline Shiller returns to help us make a trade decision. For example, suppose you find that Doubleline Shiller 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 Shiller 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 Shiller mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Doubleline Shiller 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 Shiller mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Doubleline Shiller Lagged Returns
When evaluating Doubleline Shiller's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Doubleline Shiller mutual fund have on its future price. Doubleline Shiller 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 Shiller autocorrelation shows the relationship between Doubleline Shiller mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Doubleline Shiller Enhanced.
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 Shiller 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 Shiller security.
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