Doubleline Shiller Enhanced Fund Quote
| DSENX Fund | USD 13.91 0.01 0.07% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Doubleline Shiller is trading at 13.91 as of the 20th of April 2024; that is -0.07 percent down since the beginning of the trading day. The fund's open price was 13.92. Doubleline Shiller has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Doubleline Shiller Enhanced are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of March 2024 and ending today, the 20th of April 2024. Click here to learn more.
The fund will seek to use derivatives, or a combination of derivatives and direct investments, to provide a return that approximates the performance of the Shiller Barclays CAPE US Sector TR USD Index. It will also invest in a portfolio of debt securities to seek to provide additional total return over the long term.. More on Doubleline Shiller Enhanced
Moving together with Doubleline Mutual Fund
| 0.88 | DLENX | Doubleline Emerging | PairCorr |
| 0.89 | DLEUX | Doubleline Shiller | PairCorr |
Doubleline Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Doubleline Shiller's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Doubleline Shiller or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | DoubleLine Funds, Large Blend Funds, Large Blend, DoubleLine (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 29th of July 2022 |
| Fiscal Year End | March |
Doubleline Shiller Enhanced [DSENX] is traded in USA and was established 20th of April 2024. Doubleline Shiller is listed under DoubleLine category by Fama And French industry classification. The fund is listed under Large Blend category and is part of DoubleLine family. This fund currently has accumulated 4.25 B in assets under management (AUM) with no minimum investment requirementsDoubleline Shiller is currently producing year-to-date (YTD) return of 1.15% with the current yeild of 0.0%, while the total return for the last 3 years was 3.32%.
Check Doubleline Shiller Probability Of Bankruptcy
Instrument Allocation
Top Doubleline Shiller Enhanced Mutual Fund Constituents
Doubleline Shiller Target Price Odds Analysis
Based on a normal probability distribution, the odds of Doubleline Shiller jumping above the current price in 90 days from now is more than 93.0%. The Doubleline Shiller Enhanced probability density function shows the probability of Doubleline Shiller mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.1234 suggesting Doubleline Shiller Enhanced market returns are sensitive to returns on the market. As the market goes up or down, Doubleline Shiller is expected to follow. Additionally, doubleline Shiller Enhanced has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Doubleline Shiller to move above the current price in 90 days from now is more than 93.0 (This Doubleline Shiller Enhanced probability density function shows the probability of Doubleline Mutual Fund to fall within a particular range of prices over 90 days) .
Doubleline Shiller Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Doubleline Shiller market risk premium is the additional return an investor will receive from holding Doubleline Shiller long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Doubleline Shiller. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Doubleline Shiller's alpha and beta are two of the key measurements used to evaluate Doubleline Shiller's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.5682 | |||
| Semi Deviation | 0.8355 | |||
| Standard Deviation | 0.7584 | |||
| Variance | 0.5752 |
Doubleline Shiller Against Markets
Picking the right benchmark for Doubleline Shiller mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Doubleline Shiller mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Doubleline Shiller is critical whether you are bullish or bearish towards Doubleline Shiller Enhanced at a given time. Please also check how Doubleline Shiller's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Doubleline Shiller without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Doubleline Mutual Fund?
Before investing in Doubleline Shiller, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Doubleline Shiller. To buy Doubleline Shiller fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Doubleline Shiller. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Doubleline Shiller fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Doubleline Shiller Enhanced fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Doubleline Shiller Enhanced fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Doubleline Shiller Enhanced, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Doubleline Shiller Enhanced?
The danger of trading Doubleline Shiller Enhanced is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Doubleline Shiller is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Doubleline Shiller. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Doubleline Shiller is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Doubleline Shiller Enhanced. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.