DOUBLELINE LOW Downside Variance
| DBLSX Fund | | | USD 9.64 0.01 0.10% |
The Downside Variance indicator for Doubleline Low Duration is derived from observed market data. For broader technical screening across instruments, see
Equity Screeners. For portfolio construction context, review
Investing Opportunities. The construction of a diversified portfolio involves managing position exposure. The holding in Doubleline Low Duration represents an allocation. This is situated within the portfolio mix. 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 real.
Doubleline Low Duration has current Downside Variance of 0.0118. 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) |
| = | 0.0118 | |
| 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 Low Duration is rated
below average in downside variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
26.36 of Maximum Drawdown per Downside Variance. At
26.36 , Doubleline Low Duration'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.
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