Doubleline Long Duration Fund Price on January 31, 2020
| DLLDX Fund | USD 6.21 0.10 1.58% |
Below is the normalized historical share price chart for Doubleline Long Duration extending back to December 15, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Doubleline Long stands at 6.21, as last reported on the 16th of April 2024, with the highest price reaching 6.21 and the lowest price hitting 6.21 during the day.
If you're considering investing in DOUBLELINE Mutual Fund, it is important to understand the factors that can impact its price. Doubleline Long Duration secures Sharpe Ratio (or Efficiency) of -0.0786, which denotes the fund had a -0.0786% return per unit of risk over the last 3 months. Doubleline Long Duration exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Doubleline Long's Standard Deviation of 0.8536, variance of 0.7286, and Mean Deviation of 0.6703 to check the risk estimate we provide.
DOUBLELINE Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
DOUBLELINE |
Sharpe Ratio = -0.0786
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DLLDX |
Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Doubleline Long is not performing at its full potential. However, 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 Long by adding Doubleline Long to a well-diversified portfolio.
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.
| LTC | Litecoin | |
| STETH | Staked Ether | |
| LINK | Chainlink |
About Doubleline Long Mutual Fund history
Doubleline Long investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for DOUBLELINE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Doubleline Long Duration will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Doubleline Long stock prices may prove useful in developing a viable investing in Doubleline Long
The fund seeks long-term total return comprised of capital growth and current income by investing principally in debt securities of any kind. The Adviser expects to construct an investment portfolio for the fund with a dollar-weighted average effective duration of at least ten years. The Advisor intends to invest primarily in fixed income and other income-producing instruments rated investment grade and unrated securities considered by the Adviser to be of comparable credit quality. It may invest up to 25 percent of its total assets in obligations of governmental or private obligors in emerging market countries.
Doubleline Long Mutual Fund Technical Analysis
Doubleline Long technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Doubleline Long Period Price Range
Doubleline Long April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Doubleline Long mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Doubleline Long shares will generate the highest return on investment. By undertsting and applying Doubleline Long mutual fund market strength indicators, traders can identify Doubleline Long Duration entry and exit signals to maximize returns
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 6.21 | |||
| Day Typical Price | 6.21 | |||
| Price Action Indicator | (0.05) | |||
| Period Momentum Indicator | (0.10) |
Doubleline Long Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Doubleline Long's price direction in advance. Along with the technical and fundamental analysis of DOUBLELINE Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of DOUBLELINE to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.17) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Doubleline Long Duration. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Doubleline Long Duration information on this page should be used as a complementary analysis to other Doubleline Long's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.