Doubleline Opportunistic Credit Etf Price on November 6, 2024
| DBL Etf | USD 15.45 0.03 0.19% |
Below is the normalized historical share price chart for Doubleline Opportunistic Credit extending back to January 27, 2012. 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 Opportunistic stands at 15.45, as last reported on the 29th of November, with the highest price reaching 15.53 and the lowest price hitting 15.39 during the day.
If you're considering investing in Doubleline Etf, it is important to understand the factors that can impact its price. Doubleline Opportunistic secures Sharpe Ratio (or Efficiency) of -0.0113, which denotes the etf had a -0.0113% return per unit of risk over the last 3 months. Doubleline Opportunistic Credit exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Doubleline Opportunistic's Mean Deviation of 0.3643, variance of 0.2156, and Standard Deviation of 0.4643 to check the risk estimate we provide.
Doubleline Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Doubleline |
Sharpe Ratio = -0.0113
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| Negative Returns | DBL |
Estimated Market Risk
| 0.45 actual daily | 4 96% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Doubleline Opportunistic 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 Opportunistic by adding Doubleline Opportunistic to a well-diversified portfolio.
Market Capitalization 254.2 M |
Doubleline Opportunistic Valuation on November 6, 2024
It is possible to determine the worth of Doubleline Opportunistic on a given historical date. On November 6, 2024 Doubleline was worth 15.27 at the beginning of the trading date compared to the closed value of 15.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Doubleline Opportunistic etf. Still, in general, we apply an absolute valuation method to find Doubleline Opportunistic's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Doubleline Opportunistic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Doubleline Opportunistic's related companies.
| Open | High | Low | Close | Volume | |
| 15.24 | 15.34 | 15.24 | 15.32 | 38,929 | |
11/06/2024 | 15.27 | 15.44 | 15.21 | 15.36 | 94,439 |
| 15.32 | 15.44 | 15.32 | 15.37 | 42,721 |
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Doubleline Opportunistic Trading Date Momentum on November 6, 2024
| On November 07 2024 Doubleline Opportunistic Credit was traded for 15.37 at the closing time. Highest Doubleline Opportunistic's price during the trading hours was 15.44 and the lowest price during the day was 15.32 . The net volume was 42.7 K. The overall trading history on the 7th of November contributed to the next trading period price upswing. The overall trading delta to the next next day price was 0.07% . The overall trading delta to current price is 0.65% . |
Doubleline Opportunistic Fundamentals Correlations and Trends
By evaluating Doubleline Opportunistic's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Doubleline Opportunistic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Doubleline financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Doubleline Opportunistic Etf history
Doubleline Opportunistic 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 Opportunistic 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 Opportunistic stock prices may prove useful in developing a viable investing in Doubleline Opportunistic
DoubleLine Opportunistic Credit Fund is a close-ended fixed income mutual fund launched and managed by DoubleLine Capital LP. The fund invests in the fixed income markets. It invests in debt securities including residential and commercial mortgage-backed securities, asset-backed securities, U.S Government securities, corporate debt, international sovereign debt, and short-term investments.The fund benchmarks the performance of its portfolio against the Barclays Capital U.S. Aggregate Bond Index. DoubleLine Opportunistic Credit Fund was formed on July 22, 2011 and is domiciled in the United States.
Doubleline Opportunistic Etf Technical Analysis
Doubleline Opportunistic technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Doubleline Opportunistic Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Doubleline Opportunistic Credit cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Doubleline Opportunistic November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Doubleline Opportunistic etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Doubleline Opportunistic shares will generate the highest return on investment. By undertsting and applying Doubleline Opportunistic etf market strength indicators, traders can identify Doubleline Opportunistic Credit entry and exit signals to maximize returns
Doubleline Opportunistic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Doubleline Opportunistic's price direction in advance. Along with the technical and fundamental analysis of Doubleline Etf 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.
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| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.15) |
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Other Information on Investing in Doubleline Etf
Doubleline Opportunistic financial ratios help investors to determine whether Doubleline Etf 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 Opportunistic security.