Doubleline Yield Opportunities Fund Manager Performance Evaluation
| DLY Fund | USD 16.42 0.12 0.74% |
The fund shows a Beta (market volatility) of 0.23, which means not very significant fluctuations relative to the market. As returns on the market increase, Doubleline Yield's returns are expected to increase less than the market. However, during the bear market, the loss of holding Doubleline Yield is expected to be smaller as well.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Doubleline Yield Opportunities are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong essential indicators, Doubleline Yield is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more1 | PAXS Analyzing Recent Changes For This Highly Levered Bond Fund - Seeking Alpha | 09/05/2024 |
2 | IndexesCloseDly ChgWeek ChgYtd Chg - WDRB | 09/26/2024 |
3 | DLY 5-Day RSI 40.82 - GuruFocus.com | 11/14/2024 |
4 | DLY Bonds Continue To Face Headwinds - Seeking Alpha | 11/21/2024 |
| Expense Ratio | 2.9100 |
DoubleLine |
Doubleline Yield Relative Risk vs. Return Landscape
If you would invest 1,600 in Doubleline Yield Opportunities on August 31, 2024 and sell it today you would earn a total of 42.00 from holding Doubleline Yield Opportunities or generate 2.63% return on investment over 90 days. Doubleline Yield Opportunities is generating 0.0435% of daily returns assuming volatility of 0.6871% on return distribution over 90 days investment horizon. In other words, 6% of funds are less volatile than DoubleLine, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Doubleline Yield Current Valuation
Fairly Valued
Today
Please note that Doubleline Yield's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Doubleline Yield Opp shows a prevailing Real Value of $16.31 per share. The current price of the fund is $16.42. We determine the value of Doubleline Yield Opp from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued funds and dropping overvalued funds since, at some point, fund prices and their ongoing real values will submerge.
Since Doubleline Yield is currently traded on the exchange, buyers and sellers on that exchange determine the market value of DoubleLine Fund. However, Doubleline Yield's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 16.42 | Real 16.31 | Hype 16.42 | Naive 16.29 |
The intrinsic value of Doubleline Yield's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Doubleline Yield's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Doubleline Yield Opportunities helps investors to forecast how DoubleLine fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Doubleline Yield more accurately as focusing exclusively on Doubleline Yield's fundamentals will not take into account other important factors: Doubleline Yield Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Doubleline Yield's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Doubleline Yield Opportunities, and traders can use it to determine the average amount a Doubleline Yield's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0632
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DLY |
Estimated Market Risk
| 0.69 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Doubleline Yield is performing at about 4% of its full potential. 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 Yield by adding it to a well-diversified portfolio.
Doubleline Yield Fundamentals Growth
DoubleLine Fund prices reflect investors' perceptions of the future prospects and financial health of Doubleline Yield, and Doubleline Yield fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on DoubleLine Fund performance.
| Shares Outstanding | 47.95 M | |||
About Doubleline Yield Performance
Evaluating Doubleline Yield's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Doubleline Yield has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Doubleline Yield has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Doubleline Yield is entity of United States. It is traded as Fund on NYSE exchange.Things to note about Doubleline Yield Opp performance evaluation
Checking the ongoing alerts about Doubleline Yield for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Doubleline Yield Opp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: DLY Bonds Continue To Face Headwinds - Seeking Alpha |
- Analyzing Doubleline Yield's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Doubleline Yield's stock is overvalued or undervalued compared to its peers.
- Examining Doubleline Yield's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Doubleline Yield's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Doubleline Yield's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Doubleline Yield's fund. These opinions can provide insight into Doubleline Yield's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in DoubleLine Fund
Doubleline Yield financial ratios help investors to determine whether DoubleLine 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 Yield security.
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