Doubleline Global Bond Fund Price on December 14, 2024
| DLGBX Fund | USD 8.25 0.03 0.36% |
Below is the normalized historical share price chart for Doubleline Global Bond extending back to December 17, 2015. 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 Global stands at 8.25, as last reported on the 14th of December 2024, with the highest price reaching 8.25 and the lowest price hitting 8.25 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 Global Bond secures Sharpe Ratio (or Efficiency) of -0.21, which denotes the fund had a -0.21% return per unit of risk over the last 3 months. Doubleline Global Bond exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Doubleline Global's Standard Deviation of 0.3559, mean deviation of 0.274, and Variance of 0.1266 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 = -0.2111
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| Negative Returns | DLGBX |
Estimated Market Risk
| 0.35 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Doubleline Global 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 Global by adding Doubleline Global to a well-diversified portfolio.
Doubleline Global Valuation on December 14, 2024
It is possible to determine the worth of Doubleline Global on a given historical date. On December 14, 2024 Doubleline was worth 8.25 at the beginning of the trading date compared to the closed value of 8.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Doubleline Global mutual fund. Still, in general, we apply an absolute valuation method to find Doubleline Global'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 Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Doubleline Global's related companies.
| Open | High | Low | Close | Volume | |
| 8.25 | 8.25 | 8.25 | 8.25 | 1.00 | |
12/14/2024 | 8.25 | 8.25 | 8.25 | 8.25 | 0.00 |
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Doubleline Global Trading Date Momentum on December 14, 2024
| On December 14 2024 Doubleline Global Bond was traded for 8.25 at the closing time. The highest daily price throughout the period was 8.25 and the lowest price was 8.25 . There was no trading activity during the period 0.0. Lack of trading volume on 12/14/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Doubleline Global Bond Fundamentals Correlations and Trends
By evaluating Doubleline Global'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 Global'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 Global Mutual Fund history
Doubleline Global 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 Global Bond 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 Global stock prices may prove useful in developing a viable investing in Doubleline Global
The fund normally invests primarily in debt obligations issued by governments and governmental agencies, authorities or instrumentalities, located anywhere in the world. The advisor expects to invest significantly in obligations of members of the G-20, an organization of governments composed of 20 of the major economies in the world, including developed markets and emerging market economies. Under normal market conditions, the fund will generally invest in securities that provide exposure to at least three different countries, not including the United States. The fund is non-diversified.
Doubleline Global Mutual Fund Technical Analysis
Doubleline Global 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 Global Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Doubleline Global Bond cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 Global December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Doubleline Global 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 Global shares will generate the highest return on investment. By undertsting and applying Doubleline Global mutual fund market strength indicators, traders can identify Doubleline Global Bond entry and exit signals to maximize returns
Doubleline Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Doubleline Global'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 | (0.14) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | 1.13 |
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Other Information on Investing in Doubleline Mutual Fund
Doubleline Global financial ratios help investors to determine whether Doubleline Mutual Fund 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 Global security.
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