Doubleline Income Correlations
DBLNX Fund | USD 7.98 0.01 0.13% |
The correlation of Doubleline Income is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Doubleline |
Moving together with Doubleline Mutual Fund
0.74 | DLCMX | Doubleline Strategic | PairCorr |
0.9 | DLENX | Doubleline Emerging | PairCorr |
0.62 | DLELX | Doubleline Emerging | PairCorr |
0.86 | DLFRX | Doubleline Floating Rate | PairCorr |
0.79 | DLFNX | Doubleline E Fixed | PairCorr |
0.99 | DLINX | Doubleline Flexible | PairCorr |
0.99 | DLSNX | Doubleline Low Duration | PairCorr |
0.74 | DLTNX | Doubleline Total Return | PairCorr |
0.89 | BILTX | Doubleline Infrastructure | PairCorr |
0.61 | BILDX | Doubleline Infrastructure | PairCorr |
0.83 | DSENX | Doubleline Shiller | PairCorr |
0.92 | DSEEX | Doubleline Shiller | PairCorr |
0.74 | DBCMX | Doubleline Strategic | PairCorr |
0.62 | DBELX | Doubleline Emerging | PairCorr |
0.96 | DBFRX | Doubleline Floating Rate | PairCorr |
0.79 | DBLTX | Doubleline Total Return | PairCorr |
0.98 | DBLSX | Doubleline Low Duration | PairCorr |
0.99 | DBLLX | Doubleline Low Duration | PairCorr |
0.77 | DBLIX | Doubleline Income | PairCorr |
0.7 | DBLGX | Doubleline Global Bond | PairCorr |
0.8 | DBLFX | Doubleline E Fixed | PairCorr |
0.86 | DDCFX | Doubleline Core Fixed | PairCorr |
0.9 | DDLDX | Doubleline Low Duration | PairCorr |
0.98 | DELNX | Doubleline Low Duration | PairCorr |
0.93 | PONAX | Pimco Income | PairCorr |
0.92 | PONCX | Pimco Income | PairCorr |
0.93 | PIPNX | Pimco Income | PairCorr |
0.92 | PONRX | Pimco Income | PairCorr |
0.86 | PONPX | Pimco Incme Fund | PairCorr |
0.86 | PIINX | Pimco Income | PairCorr |
0.93 | PIMIX | Pimco Income | PairCorr |
0.98 | LBNDX | Lord Abbett Bond | PairCorr |
0.98 | FSTAX | Fidelity Advisor Str | PairCorr |
Moving against Doubleline Mutual Fund
0.77 | XDSMX | Dreyfus Strategic | PairCorr |
0.59 | XNXJX | Nuveen New Jersey | PairCorr |
0.45 | XPPRX | Voya Prime Rate | PairCorr |
Related Correlations Analysis
0.28 | 0.37 | 0.81 | 0.4 | 0.41 | ETAHX | ||
0.28 | 0.7 | 0.7 | 0.88 | 0.88 | GTHCX | ||
0.37 | 0.7 | 0.61 | 0.81 | 0.81 | XHQHX | ||
0.81 | 0.7 | 0.61 | 0.79 | 0.78 | LHCCX | ||
0.4 | 0.88 | 0.81 | 0.79 | 0.98 | SCHLX | ||
0.41 | 0.88 | 0.81 | 0.78 | 0.98 | SWHFX | ||
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Risk-Adjusted Indicators
There is a big difference between Doubleline Mutual Fund performing well and Doubleline Income Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Doubleline Income's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
ETAHX | 1.14 | 0.33 | 0.02 | (0.99) | 1.25 | 2.41 | 7.62 | |||
GTHCX | 0.73 | 0.00 | (0.22) | 0.19 | 1.08 | 1.54 | 3.99 | |||
XHQHX | 1.19 | 0.15 | (0.08) | (0.36) | 1.67 | 2.21 | 8.21 | |||
LHCCX | 0.84 | 0.13 | (0.13) | (0.34) | 1.06 | 1.74 | 4.63 | |||
SCHLX | 0.90 | 0.12 | (0.14) | (0.12) | 1.26 | 1.80 | 5.11 | |||
SWHFX | 0.90 | 0.11 | (0.14) | (0.14) | 1.26 | 1.70 | 4.64 |