DoubleLine Income Fund Forward View - Triple Exponential Smoothing
| DSL Fund | USD 10.68 0.02 0.19% |
The Triple Exponential Smoothing forecast shown here for DoubleLine Income is reference data produced from its historical price series. The projected value and error measures below serve as reference information.
The Triple Exponential Smoothing forecasted value of Doubleline Income Solutions on the next trading day is expected to be 10.66 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.42.As with simple exponential smoothing, in triple exponential smoothing models past DoubleLine Income observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Doubleline Income Solutions observations. This Triple Exponential Smoothing reference page for DoubleLine Income presents model-generated projections from historical price data for informational purposes. Triple Exponential Smoothing Price Forecast For the 27th of March
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Doubleline Income Solutions on the next trading day is expected to be 10.66 with a mean absolute deviation of 0.06 , mean absolute percentage error of 0.005 , and the sum of the absolute errors of 3.42 .Please note that although there have been many attempts to predict DoubleLine Fund prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that DoubleLine Income's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Fund Forecast Pattern
| Backtest DoubleLine Income | DoubleLine Income Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for Doubleline Income Solutions focuses on identifying predictive downside and upside bands that can frame a realistic trading range. The current forecast range spans downside near 10.03 and upside near 11.28.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of DoubleLine Income fund data series using in forecasting. Note that when a statistical model is used to represent DoubleLine Income fund, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | -0.0017 |
| MAD | Mean absolute deviation | 0.0569 |
| MAPE | Mean absolute percentage error | 0.0052 |
| SAE | Sum of the absolute errors | 3.4164 |
Other Forecasting Options for DoubleLine Income
The distribution of DoubleLine Income's daily returns is typically non-normal, with fatter tails than a Gaussian model predicts. This can reveal hidden support and resistance zones in DoubleLine Income's chart that simple price charts miss.DoubleLine Income Related Equities
The stocks listed below are peers of DoubleLine Income within the Asset Management space and offer context for ranking and strength. Growth rate gaps between DoubleLine Income and its peers often explain pricing differences in the market. Falling behind peers on key ratios may signal headwinds or execution issues worth looking into.
| Risk & Return | Correlation |
DoubleLine Income Market Strength Events
Market strength indicators for DoubleLine Income give insight into the fund's responsiveness to broader forces. These indicators are useful for traders seeking optimal timing for positions in Doubleline Income Solutions.
DoubleLine Income Risk Indicators
A thorough review of DoubleLine Income's risk indicators is an important first step in forecasting its price. Quantifying the risk involved in DoubleLine Income's allows investors to make better decisions about entry, sizing, and hedging.
| Mean Deviation | 0.4696 | |||
| Standard Deviation | 0.6049 | |||
| Variance | 0.3659 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for DoubleLine Income
Coverage intensity for Doubleline Income Solutions matters because narrative visibility can influence sentiment, participation, and volatility around the name. The practical risk is that faster visibility can increase both interest and skepticism at the same time.
Other Macroaxis Stories
Macroaxis story coverage is designed for a broad investing audience that ranges from self-directed traders to advisers, researchers, and institutional market participants. The content is intended to support people who want a more structured path from headline information to portfolio action.