Doubleline Low Variance
| DBLSX Fund | | | USD 9.64 0.01 0.10% |
The 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. Doubleline Low Duration can be evaluated within a portfolio framework for weight and risk impact. All values are based on available data and provided as reference information. Broader economic conditions can influence Doubleline Low Duration's mutual fund valuation — related indicators include
signals in main economic indicators.
Doubleline Low Duration has current Variance of 0.0047. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.
Variance | = | SUM(RET DEV)2N |
| = | 0.0047 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
Variance Relative To Other Indicators
Doubleline Low Duration is rated
below average in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
66.21 of Maximum Drawdown per Variance. At
66.21 , Doubleline Low Duration's Maximum Drawdown-to-Variance multiple reflects the spread between these metrics
Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.
Compare Doubleline Low to Peers
Other Technical Indicators