DoubleLine Income Downside Variance
| DBLIXDelisted Fund | | | USD 7.94 0.00 0.00% |
The Downside Variance signal for Doubleline Income reflects patterns observed in trading data. All values reflect available price and volume data across reporting intervals.
Investing Opportunities provides context for diversified portfolio design. The dataset reflects available inputs without directional implication. Broader economic conditions can influence Doubleline Income's mutual fund valuation — related indicators include
signals in gross domestic product.
Doubleline Income has current Downside Variance of 0.0285. 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) |
| = | 0.0285 | |
| 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 Income is rated
fourth in downside variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
13.26 of Maximum Drawdown per Downside Variance. At
13.26 , Doubleline Income's Maximum Drawdown-to-Downside Variance multiple reflects the spread between these metrics
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.
Other Technical Indicators