Doubleline Opportunistic Credit Etf Year To Date Return
| DBL Etf | USD 15.16 0.01 0.07% |
Doubleline Opportunistic Credit fundamentals help investors to digest information that contributes to Doubleline Opportunistic's financial success or failures. It also enables traders to predict the movement of Doubleline Etf. The fundamental analysis module provides a way to measure Doubleline Opportunistic's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Doubleline Opportunistic etf.
Doubleline |
Doubleline Opportunistic Credit ETF Year To Date Return Analysis
Doubleline Opportunistic's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Doubleline Opportunistic Year To Date Return | 4.82 % |
Most of Doubleline Opportunistic's fundamental indicators, such as Year To Date Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Doubleline Opportunistic Credit is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
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According to the company's disclosures, Doubleline Opportunistic Credit has a Year To Date Return of 4.8202%. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The year to date return for all United States etfs is notably lower than that of the firm.
Doubleline Year To Date Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Doubleline Opportunistic's direct or indirect competition against its Year To Date Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Doubleline Opportunistic could also be used in its relative valuation, which is a method of valuing Doubleline Opportunistic by comparing valuation metrics of similar companies.Doubleline Opportunistic is currently under evaluation in year to date return as compared to similar ETFs.
Doubleline Fundamentals
| Shares Outstanding | 15.4 M | ||||
| Shares Owned By Institutions | 36.63 % | ||||
| Number Of Shares Shorted | 23.01 K | ||||
| Short Ratio | 0.30 X | ||||
| Number Of Employees | 10 | ||||
| Beta | 0.15 | ||||
| Market Capitalization | 254.24 M | ||||
| Annual Yield | 0 % | ||||
| Year To Date Return | 4.82 % | ||||
| One Year Return | 13.68 % | ||||
| Three Year Return | (0.23) % | ||||
| Five Year Return | 1.88 % | ||||
| Last Dividend Paid | 1.32 |
About Doubleline Opportunistic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Doubleline Opportunistic Credit's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Doubleline Opportunistic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Doubleline Opportunistic Credit based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Doubleline Opportunistic Piotroski F Score and Doubleline Opportunistic Altman Z Score analysis. Note that the Doubleline Opportunistic information on this page should be used as a complementary analysis to other Doubleline Opportunistic'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 Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of Doubleline Opportunistic is measured differently than its book value, which is the value of Doubleline that is recorded on the company's balance sheet. Investors also form their own opinion of Doubleline Opportunistic's value that differs from its market value or its book value, called intrinsic value, which is Doubleline Opportunistic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Doubleline Opportunistic's market value can be influenced by many factors that don't directly affect Doubleline Opportunistic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Doubleline Opportunistic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Doubleline Opportunistic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Doubleline Opportunistic'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.