Doubleline Mutual Fund Buy Hold or Sell Recommendation

DDCFX
 Fund
  

USD 9.28  0.05  0.54%   

Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Doubleline Core Fixed is 'Cautious Hold'. Macroaxis provides Doubleline Core buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding DDCFX positions. The advice algorithm takes into account all of Doubleline Core's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Doubleline Core's buy-and-hold perspective. Continue to Doubleline Core Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as Doubleline and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Doubleline Core Fixed.

Execute Doubleline Core Buy or Sell Advice

The Doubleline recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Doubleline Core Fixed. Macroaxis does not own or have any residual interests in Doubleline Core Fixed or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Doubleline Core's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Doubleline CoreBuy Doubleline Core
Cautious Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Not Available
Details
For the selected time horizon Doubleline Core Fixed has a Mean Deviation of 0.3625, Standard Deviation of 0.4954 and Variance of 0.2454
We provide trade advice to complement the prevailing expert consensus on Doubleline Core Fixed. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the fund's potential to grow using all technical and fundamental data available at the time. Please use Doubleline Core total asset and last dividend paid to make buy, hold, or sell decision on Doubleline Core Fixed.

Doubleline Core Trading Alerts and Improvement Suggestions

Doubleline Core generated a negative expected return over the last 90 days
Doubleline Core is unlikely to experience financial distress in the next 2 years
On 31st of October 2022 Doubleline Core paid $ 0.0339 per share dividend to its current shareholders
The fund retains about 95.3% of its assets under management (AUM) in fixed income securities

Doubleline Core Returns Distribution Density

The distribution of Doubleline Core's historical returns is an attempt to chart the uncertainty of Doubleline Core's future price movements. The chart of the probability distribution of Doubleline Core stock daily returns describes the distribution of returns around its average expected value. We use Doubleline Core Fixed price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Doubleline Core returns is essential to provide solid investment advice for Doubleline Core.
Mean Return-0.05Value At Risk-0.77
Potential Upside0.76Standard Deviation0.50
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Doubleline Core historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Doubleline Core Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Doubleline Core or DoubleLine sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Doubleline Core's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Doubleline fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.06
β
Beta against DOW0.0214
σ
Overall volatility
0.50
Ir
Information ratio -0.25

Doubleline Core Volatility Alert

Doubleline Core Fixed exhibits very low volatility with skewness of 0.95 and kurtosis of 2.19. However, we advise investors to further study Doubleline Core Fixed technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Doubleline Core's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Doubleline Core's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Doubleline Core Fundamentals Vs Peers

Comparing Doubleline Core's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Doubleline Core's direct or indirect competition across all of the common fundamentals between Doubleline Core and the related equities. This way, we can detect undervalued stocks with similar characteristics as Doubleline Core or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Doubleline Core's fundamental indicators could also be used in its relative valuation, which is a method of valuing Doubleline Core by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Doubleline Core to competition
FundamentalsDoubleline CorePeer Average
One Year Return3.67 %4.15 %
Three Year Return3.30 %3.60 %
Five Year Return3.11 %3.24 %
Net Asset11.35 B4.11 B
Last Dividend Paid0.030.65
Cash Position Weight3.28 %10.61 %
Equity Positions Weight0.04 %63.90 %
Bond Positions Weight95.30 %11.24 %

About Doubleline Core Buy or Sell Advice

When is the right time to buy or sell Doubleline Core Fixed? Buying financial instruments such as Doubleline Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Doubleline Core in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Business Services Thematic Idea Now

Business Services
Business Services Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Services theme has 24 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Business Services Theme or any other thematic opportunities.
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Continue to Doubleline Core Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Doubleline Core Fixed information on this page should be used as a complementary analysis to other Doubleline Core's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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Please note, there is a significant difference between Doubleline Core's value and its price as these two are different measures arrived at by different means. Investors typically determine Doubleline Core value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Doubleline Core's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.