Doubleline Selective Credit Fund Market Value
| DBSCX Fund | USD 7.47 0.01 0.13% |
| Symbol | Doubleline |
Doubleline Selective '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 Selective'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 Selective.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Doubleline Selective on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Doubleline Selective Credit or generate 0.0% return on investment in Doubleline Selective over 90 days. Doubleline Selective is related to or competes with Qs Large, and Rational Dividend. The fund will seek to achieve its investment objective by investing principally in a portfolio of residential and commer... More
Doubleline Selective 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 Selective'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 Selective Credit upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1984 | |||
| Information Ratio | (0.65) | |||
| Maximum Drawdown | 0.8119 | |||
| Value At Risk | (0.14) | |||
| Potential Upside | 0.2736 |
Doubleline Selective Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Doubleline Selective's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Doubleline Selective's standard deviation. In reality, there are many statistical measures that can use Doubleline Selective historical prices to predict the future Doubleline Selective's volatility.| Risk Adjusted Performance | 0.2166 | |||
| Jensen Alpha | 0.0269 | |||
| Total Risk Alpha | 0.0122 | |||
| Sortino Ratio | (0.49) | |||
| Treynor Ratio | 0.6774 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Doubleline Selective'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 Selective Backtested Returns
At this stage we consider Doubleline Mutual Fund to be very steady. Doubleline Selective secures Sharpe Ratio (or Efficiency) of 0.3, which denotes the fund had a 0.3 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Doubleline Selective Credit, which you can use to evaluate the volatility of the entity. Please confirm Doubleline Selective's Coefficient Of Variation of 347.81, mean deviation of 0.121, and Standard Deviation of 0.1507 to check if the risk estimate we provide is consistent with the expected return of 0.0454%. The fund shows a Beta (market volatility) of 0.0492, which means not very significant fluctuations relative to the market. As returns on the market increase, Doubleline Selective's returns are expected to increase less than the market. However, during the bear market, the loss of holding Doubleline Selective is expected to be smaller as well.
Auto-correlation | 0.54 |
Modest predictability
Doubleline Selective Credit has modest predictability. Overlapping area represents the amount of predictability between Doubleline Selective time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. 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 Selective price movement. The serial correlation of 0.54 indicates that about 54.0% of current Doubleline Selective price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Doubleline Selective lagged returns against current returns
Autocorrelation, which is Doubleline Selective 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 Selective's mutual fund expected returns. We can calculate the autocorrelation of Doubleline Selective returns to help us make a trade decision. For example, suppose you find that Doubleline Selective 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 Selective 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 Selective mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Doubleline Selective 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 Selective mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Doubleline Selective Lagged Returns
When evaluating Doubleline Selective's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Doubleline Selective mutual fund have on its future price. Doubleline Selective 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 Selective autocorrelation shows the relationship between Doubleline Selective mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Doubleline Selective Credit.
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 Selective 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 Selective security.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |