Doubleline Yield Opportunities Fund Technical Analysis
| DLY Fund | USD 15.70 0.07 0.44% |
As of the 20th of May, Doubleline Yield shows the Coefficient Of Variation of 1145.38, downside deviation of 0.6335, and Mean Deviation of 0.5517. Doubleline Yield Opp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Doubleline Yield Opportunities, which can be compared to its peers. Please confirm Doubleline Yield Opp variance and potential upside to decide if Doubleline Yield Opp is priced favorably, providing market reflects its regular price of 15.7 per share.
Doubleline Yield Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Doubleline, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DoublelineDoubleline |
Doubleline Yield technical 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.
Doubleline Yield Opp Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Doubleline Yield Opp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Doubleline Yield Opp Trend Analysis
Use this graph to draw trend lines for Doubleline Yield Opportunities. You can use it to identify possible trend reversals for Doubleline Yield as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Doubleline Yield price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Doubleline Yield Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Doubleline Yield Opportunities applied against its price change over selected period. The best fit line has a slop of 0 , which may imply that Doubleline Yield Opportunities will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 0.17, which is the sum of squared deviations for the predicted Doubleline Yield price change compared to its average price change.About Doubleline Yield Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Doubleline Yield Opportunities on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Doubleline Yield Opportunities based on its technical analysis. In general, a bottom-up approach, as applied to this fund, focuses on Doubleline Yield Opp price pattern first instead of the macroeconomic environment surrounding Doubleline Yield Opp. By analyzing Doubleline Yield's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Doubleline Yield's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Doubleline Yield specific price patterns or momentum indicators. Please read more on our technical analysis page.
Doubleline Yield May 20, 2024 Technical Indicators
Most technical analysis of Doubleline help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Doubleline from various momentum indicators to cycle indicators. When you analyze Doubleline charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.053 | |||
| Market Risk Adjusted Performance | 0.1194 | |||
| Mean Deviation | 0.5517 | |||
| Semi Deviation | 0.5702 | |||
| Downside Deviation | 0.6335 | |||
| Coefficient Of Variation | 1145.38 | |||
| Standard Deviation | 0.7169 | |||
| Variance | 0.5139 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | 0.0096 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.1094 | |||
| Maximum Drawdown | 3.22 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 1.33 | |||
| Downside Variance | 0.4014 | |||
| Semi Variance | 0.3251 | |||
| Expected Short fall | (0.65) | |||
| Skewness | 0.2228 | |||
| Kurtosis | 0.391 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Doubleline Yield Opportunities. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.