Doubleline Infrastructure Income Fund Market Value
| BILTX Fund | USD 9.44 0.02 0.21% |
| Symbol | Doubleline |
Doubleline Infrastructure 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Doubleline Infrastructure's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Doubleline Infrastructure.
| 05/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Doubleline Infrastructure on May 9, 2023 and sell it all today you would earn a total of 0.00 from holding Doubleline Infrastructure Income or generate 0.0% return on investment in Doubleline Infrastructure over 570 days. Doubleline Infrastructure is related to or competes with Doubleline Emerging, Doubleline Core, Doubleline Floating, Doubleline Flexible, and Doubleline Long. Under normal market conditions, the advisor intends to invest at least 80 percent of the funds net assets in Infrastruct... More
Doubleline Infrastructure Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Doubleline Infrastructure's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Doubleline Infrastructure Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2937 | |||
| Information Ratio | (0.50) | |||
| Maximum Drawdown | 1.18 | |||
| Value At Risk | (0.52) | |||
| Potential Upside | 0.3188 |
Doubleline Infrastructure Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Doubleline Infrastructure's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Doubleline Infrastructure's standard deviation. In reality, there are many statistical measures that can use Doubleline Infrastructure historical prices to predict the future Doubleline Infrastructure's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.43) | |||
| Treynor Ratio | 0.2597 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Doubleline Infrastructure's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Doubleline Infrastructure Backtested Returns
At this stage we consider Doubleline Mutual Fund to be out of control. Doubleline Infrastructure secures Sharpe Ratio (or Efficiency) of 0.0013, which denotes the fund had a 0.0013% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Doubleline Infrastructure Income, which you can use to evaluate the volatility of the entity. Please confirm Doubleline Infrastructure's Coefficient Of Variation of 80453.75, downside deviation of 0.2937, and Mean Deviation of 0.1766 to check if the risk estimate we provide is consistent with the expected return of 3.0E-4%. The fund shows a Beta (market volatility) of -0.0373, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Doubleline Infrastructure are expected to decrease at a much lower rate. During the bear market, Doubleline Infrastructure is likely to outperform the market.
Auto-correlation | 0.56 |
Modest predictability
Doubleline Infrastructure Income has modest predictability. Overlapping area represents the amount of predictability between Doubleline Infrastructure time series from 9th of May 2023 to 18th of February 2024 and 18th of February 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Doubleline Infrastructure price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Doubleline Infrastructure price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Doubleline Infrastructure lagged returns against current returns
Autocorrelation, which is Doubleline Infrastructure mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Doubleline Infrastructure's mutual fund expected returns. We can calculate the autocorrelation of Doubleline Infrastructure returns to help us make a trade decision. For example, suppose you find that Doubleline Infrastructure has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Doubleline Infrastructure regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Doubleline Infrastructure mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Doubleline Infrastructure mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Doubleline Infrastructure mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Doubleline Infrastructure Lagged Returns
When evaluating Doubleline Infrastructure's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Doubleline Infrastructure mutual fund have on its future price. Doubleline Infrastructure autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Doubleline Infrastructure autocorrelation shows the relationship between Doubleline Infrastructure mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Doubleline Infrastructure Income.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Doubleline Mutual Fund
Doubleline Infrastructure 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 Infrastructure security.
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