DOUBLELINE EMERGING Downside Variance
| DBLEX Fund | | | USD 9.01 -0.02 -0.22% |
The Downside Variance reading for Doubleline Emerging Markets is computed from historical trading observations. Indicator reliability depends on the continuity of available trading data. Portfolio design and allocation context appear in
Investing Opportunities. Portfolio-level transparency adds depth to allocation analysis. The allocation shows a weighting toward Doubleline Emerging Markets. The sizing of each position reflects the overall allocation strategy. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Doubleline Emerging Markets has current Downside Variance of 0. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 0 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N(ER) | = | Number of points with returns less than expected return for the period |
Downside Variance Peers Comparison
Downside Variance Relative To Other Indicators
Doubleline Emerging Markets is rated
below average in downside variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
Downside Variance is the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.
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