Doubleline Floating Rate Fund Manager Performance Evaluation
| DLFRX Fund | USD 9.11 0.01 0.11% |
The fund shows a Beta (market volatility) of 0.0052, which means not very significant fluctuations relative to the market. As returns on the market increase, Doubleline Floating's returns are expected to increase less than the market. However, during the bear market, the loss of holding Doubleline Floating is expected to be smaller as well.
Risk-Adjusted Performance
51 of 100
Weak | Strong |
Excellent
Compared to the overall equity markets, risk-adjusted returns on investments in Doubleline Floating Rate are ranked lower than 51 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Doubleline Floating is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 29th of July 2022 | |
| Expense Ratio | 1.0000 |
Doubleline |
Doubleline Floating Relative Risk vs. Return Landscape
If you would invest 891.00 in Doubleline Floating Rate on August 29, 2024 and sell it today you would earn a total of 19.00 from holding Doubleline Floating Rate or generate 2.13% return on investment over 90 days. Doubleline Floating Rate is currently producing 0.0335% returns and takes up 0.0514% volatility of returns over 90 trading days. Put another way, 0% 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 Floating Current Valuation
Undervalued
Today
Please note that Doubleline Floating's price fluctuation is very steady at this time. At this time, the entity appears to be undervalued. Doubleline Floating Rate shows a prevailing Real Value of $9.8 per share. The current price of the fund is $9.11. We determine the value of Doubleline Floating Rate 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 Floating is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Doubleline Mutual Fund. However, Doubleline Floating'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 9.11 | Real 9.8 | Hype 9.1 | Naive 9.12 |
The intrinsic value of Doubleline Floating'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 Floating'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 Floating Rate 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 Floating more accurately as focusing exclusively on Doubleline Floating's fundamentals will not take into account other important factors: Doubleline Floating Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Doubleline Floating's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Doubleline Floating Rate, and traders can use it to determine the average amount a Doubleline Floating'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 = 0.6519
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| DLFRX |
Based on monthly moving average Doubleline Floating is performing at about 51% 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 Floating by adding it to a well-diversified portfolio.
Doubleline Floating Fundamentals Growth
Doubleline Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Doubleline Floating, and Doubleline Floating 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 | 16.9 M | |||
About Doubleline Floating Performance
Evaluating Doubleline Floating's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Doubleline Floating 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 Floating 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 normally will invest at least 80 percent of its net assets in floating rate loans and other floating rate investments. The adviser expects that many or all of the funds investments will be rated below investment grade or unrated but of comparable credit quality. It may invest in securities of stressed, distressed, and defaulted issuers .Things to note about Doubleline Floating Rate performance evaluation
Checking the ongoing alerts about Doubleline Floating for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Doubleline Floating Rate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Doubleline is showing solid risk-adjusted performance over 90 days | |
| The fund retains about 6.22% of its assets under management (AUM) in cash |
- Analyzing Doubleline Floating'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 Floating's stock is overvalued or undervalued compared to its peers.
- Examining Doubleline Floating'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 Floating's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Doubleline Floating's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Doubleline Floating's mutual fund. These opinions can provide insight into Doubleline Floating's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Doubleline Mutual Fund
Doubleline Floating 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 Floating security.
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