1290 Doubleline Dynamic Fund Price on June 18, 2024
TNYRX Fund | USD 10.37 0.63 5.73% |
Below is the normalized historical share price chart for 1290 Doubleline Dynamic extending back to March 07, 2016. 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 1290 Doubleline stands at 10.37, as last reported on the 14th of December 2024, with the highest price reaching 10.37 and the lowest price hitting 10.37 during the day.
If you're considering investing in 1290 Mutual Fund, it is important to understand the factors that can impact its price. 1290 Doubleline Dynamic retains Efficiency (Sharpe Ratio) of -0.12, which signifies that the fund had a -0.12% return per unit of price deviation over the last 3 months. 1290 Doubleline exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 1290 Doubleline's Variance of 0.5455, market risk adjusted performance of (0.32), and Information Ratio of (0.24) to double-check the risk estimate we provide.
1290 Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
1290 |
Sharpe Ratio = -0.1167
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Estimated Market Risk
0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average 1290 Doubleline 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 1290 Doubleline by adding 1290 Doubleline to a well-diversified portfolio.
1290 Doubleline Valuation on June 18, 2024
It is possible to determine the worth of 1290 Doubleline on a given historical date. On June 18, 2024 1290 was worth 10.45 at the beginning of the trading date compared to the closed value of 10.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 1290 Doubleline mutual fund. Still, in general, we apply an absolute valuation method to find 1290 Doubleline'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 1290 Doubleline where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 1290 Doubleline's related companies.
Open | High | Low | Close | Volume | |
10.42 | 10.42 | 10.42 | 10.42 | 1.00 | |
06/18/2024 | 10.45 | 10.45 | 10.45 | 10.45 | 1.00 |
10.45 | 10.45 | 10.45 | 10.45 | 1.00 |
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1290 Doubleline Trading Date Momentum on June 18, 2024
On June 20 2024 1290 Doubleline Dynamic was traded for 10.45 at the closing time. The highest daily price throughout the period was 10.45 and the lowest price was 10.45 . There was no trading activity during the period 1.0. Lack of trading volume on 06/20/2024 had no effect on price fluctuation. The daily price change to current closing price is 0.19% . |
1290 Doubleline Dynamic Fundamentals Correlations and Trends
By evaluating 1290 Doubleline'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 1290 Doubleline's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 1290 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About 1290 Doubleline Mutual Fund history
1290 Doubleline 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 1290 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 1290 Doubleline Dynamic 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 1290 Doubleline stock prices may prove useful in developing a viable investing in 1290 Doubleline
The fund normally invests in a diversified range of income generating equity and fixed income securities of issuers and other financial instruments, including derivatives, which provide investment exposure to such securities. Its equity allocation will typically range from 25 percent to 70 percent of the funds net assets, and its fixed income allocation will typically range from 20 percent to 75 percent of its net assets, although the fund may invest up to 100 percent of its total assets in either equity or fixed income securities.
1290 Doubleline Mutual Fund Technical Analysis
1290 Doubleline 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
1290 Doubleline Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
1290 Doubleline Dynamic 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.
1290 Doubleline December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how 1290 Doubleline 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 1290 Doubleline shares will generate the highest return on investment. By undertsting and applying 1290 Doubleline mutual fund market strength indicators, traders can identify 1290 Doubleline Dynamic entry and exit signals to maximize returns
1290 Doubleline Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 1290 Doubleline's price direction in advance. Along with the technical and fundamental analysis of 1290 Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of 1290 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 | (0.07) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.18) | |||
Treynor Ratio | (0.33) |
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Other Information on Investing in 1290 Mutual Fund
1290 Doubleline financial ratios help investors to determine whether 1290 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 1290 with respect to the benefits of owning 1290 Doubleline security.
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