Doubleline Selective Credit Fund Manager Performance Evaluation
| DBSCX Fund | USD 7.46 0.01 0.13% |
The fund shows a Beta (market volatility) of -0.0168, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Doubleline Selective are expected to decrease at a much lower rate. During the bear market, Doubleline Selective is likely to outperform the market.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Doubleline Selective Credit are ranked lower than 6 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental indicators, Doubleline Selective is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.6400 |
Doubleline |
Doubleline Selective Relative Risk vs. Return Landscape
If you would invest 740.00 in Doubleline Selective Credit on August 26, 2024 and sell it today you would earn a total of 6.00 from holding Doubleline Selective Credit or generate 0.81% return on investment over 90 days. Doubleline Selective Credit is currently producing 0.0126% returns and takes up 0.159% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Doubleline, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Doubleline Selective Current Valuation
Overvalued
Today
Please note that Doubleline Selective's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Doubleline Selective shows a prevailing Real Value of $7.3 per share. The current price of the fund is $7.46. We determine the value of Doubleline Selective from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Doubleline Selective is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Doubleline Mutual Fund. However, Doubleline Selective's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 7.46 | Real 7.3 | Hype 7.46 | Naive 7.46 |
The intrinsic value of Doubleline Selective's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Doubleline Selective's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Doubleline Selective Credit helps investors to forecast how Doubleline mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Doubleline Selective more accurately as focusing exclusively on Doubleline Selective's fundamentals will not take into account other important factors: Doubleline Selective Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Doubleline Selective's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Doubleline Selective Credit, and traders can use it to determine the average amount a Doubleline Selective's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0789
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| Negative Returns | DBSCX |
Estimated Market Risk
| 0.16 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Doubleline Selective is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Doubleline Selective by adding it to a well-diversified portfolio.
Doubleline Selective Fundamentals Growth
Doubleline Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Doubleline Selective, and Doubleline Selective fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Doubleline Mutual Fund performance.
| Total Asset | 952.67 M | ||||
About Doubleline Selective Performance
Evaluating Doubleline Selective's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Doubleline Selective has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Doubleline Selective has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund will seek to achieve its investment objective by investing principally in a portfolio of residential and commercial mortgage-backed securities and other asset-backed securities. It will normally invest at least 25 percent of its total assets in mortgage-backed securities, including privately-issued securities. The fund may invest in collateralized bond obligations , CLOs, other CDOs, and other similarly structured securities.Things to note about Doubleline Selective performance evaluation
Checking the ongoing alerts about Doubleline Selective for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Doubleline Selective help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains about 7.55% of its assets under management (AUM) in cash |
- Analyzing Doubleline Selective's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Doubleline Selective's stock is overvalued or undervalued compared to its peers.
- Examining Doubleline Selective's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Doubleline Selective's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Doubleline Selective's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Doubleline Selective's mutual fund. These opinions can provide insight into Doubleline Selective's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Doubleline Mutual Fund
Doubleline Selective 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 Selective security.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |