DoubleLine Income Maximum Drawdown
| DBLIX Fund | | | USD 7.94 0.00 0.00% |
The Maximum Drawdown 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. Refined allocation visibility enhances overall portfolio context. Portfolio balance depends on how holdings are weighted relative to each other. This overview is based on available data and does not express a directional view. 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 gross domestic product.
Doubleline Income has current Maximum Drawdown of 0.378. Maximum Drawdown (or MDD) is another indicator of risk. It is the reduction in asset value after a series of losing trades. This is normally calculated by getting the difference between a relative peaks in equity capital minus a relative trough.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 0.378 | |
| MAX | = | Maximum notation for the range of returns on DoubleLine Income |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Doubleline Income is rated
below average in maximum drawdown among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
1.00 of Maximum Drawdown per Maximum Drawdown.
The MDD is one of the most important risk measures. It measures the loss in any losing period and is usually defined as the percent retrenchment from an asset peak value to the valley value. Maximum drawdown encompasses both the period from the peak to the valley (length), and the time from the valley to a new high (recovery). It measures the largest percentage drawdown that has occurred in a given time period.
Other Technical Indicators