Doubleline Long Duration Fund Fundamentals
DLLDX Fund | USD 6.43 0.02 0.31% |
Doubleline Long Duration fundamentals help investors to digest information that contributes to Doubleline Long's financial success or failures. It also enables traders to predict the movement of Doubleline Mutual Fund. The fundamental analysis module provides a way to measure Doubleline Long'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 Long mutual fund.
Doubleline |
Doubleline One Year Return Analysis
Doubleline Long's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Doubleline Long One Year Return | (7.10) % |
Most of Doubleline Long's fundamental indicators, such as One Year 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 Long Duration is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Competition |
Doubleline Long One Year Return Component Assessment
Based on the recorded statements, Doubleline Long Duration has an One Year Return of -7.1009%. This is much lower than that of the DoubleLine family and significantly lower than that of the Long Government category. The one year return for all United States funds is notably higher than that of the company.
Doubleline Long Duration Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Doubleline Long's current stock value. Our valuation model uses many indicators to compare Doubleline Long value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Doubleline Long competition to find correlations between indicators driving Doubleline Long's intrinsic value. More Info.Doubleline Long Duration is one of the top funds in cash position weight among similar funds. It is one of the top funds in last dividend paid among similar funds . The ratio of Cash Position Weight to Last Dividend Paid for Doubleline Long Duration is about 1,360 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Doubleline Long by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Doubleline Long's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Doubleline Long's earnings, one of the primary drivers of an investment's value.Doubleline Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Doubleline Long's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Doubleline Long could also be used in its relative valuation, which is a method of valuing Doubleline Long by comparing valuation metrics of similar companies.Doubleline Long is currently under evaluation in five year return among similar funds.
Fund Asset Allocation for Doubleline Long
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in cash and cash equivalents.Asset allocation divides Doubleline Long's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Doubleline Fundamentals
Total Asset | 1.59 M | ||||
Annual Yield | 0.0006 % | ||||
Year To Date Return | 3.54 % | ||||
One Year Return | (7.10) % | ||||
Three Year Return | (9.56) % | ||||
Five Year Return | (3.36) % | ||||
Net Asset | 50.5 M | ||||
Last Dividend Paid | 0.02 | ||||
Cash Position Weight | 27.20 % |
About Doubleline Long Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Doubleline Long Duration's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Doubleline Long using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Doubleline Long Duration based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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.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.
Pair Trading with Doubleline Long
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Doubleline Long position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Doubleline Long will appreciate offsetting losses from the drop in the long position's value.Moving together with Doubleline Mutual Fund
0.79 | DLELX | Doubleline Emerging | PairCorr |
Moving against Doubleline Mutual Fund
0.48 | DBFRX | Doubleline Floating Rate | PairCorr |
0.47 | DLFRX | Doubleline Floating Rate | PairCorr |
0.47 | DBLLX | Doubleline Low Duration | PairCorr |
0.45 | DLINX | Doubleline Flexible | PairCorr |
0.43 | DBLNX | Doubleline Income | PairCorr |
The ability to find closely correlated positions to Doubleline Long could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Doubleline Long when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Doubleline Long - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Doubleline Long Duration to buy it.
The correlation of Doubleline Long is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Doubleline Long moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Doubleline Long Duration moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Doubleline Long can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Doubleline Long Piotroski F Score and Doubleline Long Altman Z Score analysis. 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Doubleline Mutual Fund analysis
When running Doubleline Long's price analysis, check to measure Doubleline Long's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Doubleline Long is operating at the current time. Most of Doubleline Long's value examination focuses on studying past and present price action to predict the probability of Doubleline Long's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Doubleline Long's price. Additionally, you may evaluate how the addition of Doubleline Long to your portfolios can decrease your overall portfolio volatility.
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