Spdr Doubleline Short Etf Price on December 3, 2018
STOT Etf | USD 46.99 0.03 0.06% |
Below is the normalized historical share price chart for SPDR DoubleLine Short extending back to April 14, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of SPDR DoubleLine stands at 46.99, as last reported on the 28th of March, with the highest price reaching 47.00 and the lowest price hitting 46.98 during the day.
If you're considering investing in SPDR Etf, it is important to understand the factors that can impact its price. We consider SPDR DoubleLine very steady. SPDR DoubleLine Short owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates the etf had a 0.24% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for SPDR DoubleLine Short, which you can use to evaluate the volatility of the etf. Please validate SPDR DoubleLine's risk adjusted performance of 0.076, and Standard Deviation of 0.0745 to confirm if the risk estimate we provide is consistent with the expected return of 0.018%.
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 2.11 | 200 Day MA 46.5948 | 1 y Volatility 1.14 | 50 Day MA 46.911 | Inception Date 2016-04-13 |
SPDR |
Sharpe Ratio = 0.238
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Based on monthly moving average SPDR DoubleLine is performing at about 18% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of SPDR DoubleLine by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
MSFT | Microsoft | |
GOOG | Alphabet Class C | |
S | SentinelOne |
About SPDR DoubleLine Etf history
SPDR DoubleLine investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for SPDR is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SPDR DoubleLine Short will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing SPDR DoubleLine stock prices may prove useful in developing a viable investing in SPDR DoubleLine
Under normal circumstances, the fund will invest at least 80 percent of its net assets in a diversified portfolio of fixed income securities of any credit quality. SPDR Doubleline is traded on BATS Exchange in the United States.
SPDR DoubleLine Etf Technical Analysis
SPDR DoubleLine technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
SPDR DoubleLine Period Price Range
SPDR DoubleLine March 28, 2024 Market Strength
Market strength indicators help investors to evaluate how SPDR DoubleLine etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SPDR DoubleLine shares will generate the highest return on investment. By undertsting and applying SPDR DoubleLine etf market strength indicators, traders can identify SPDR DoubleLine Short entry and exit signals to maximize returns
Accumulation Distribution | 2.54 | |||
Daily Balance Of Power | 1.5 | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 46.99 | |||
Day Typical Price | 46.99 | |||
Price Action Indicator | 0.015 | |||
Period Momentum Indicator | 0.03 |
SPDR DoubleLine Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPDR DoubleLine's price direction in advance. Along with the technical and fundamental analysis of SPDR Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of SPDR to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.076 | |||
Jensen Alpha | 0.0035 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (1.34) | |||
Treynor Ratio | 0.2062 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR DoubleLine Short. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for SPDR Etf analysis
When running SPDR DoubleLine's price analysis, check to measure SPDR DoubleLine's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPDR DoubleLine is operating at the current time. Most of SPDR DoubleLine's value examination focuses on studying past and present price action to predict the probability of SPDR DoubleLine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPDR DoubleLine's price. Additionally, you may evaluate how the addition of SPDR DoubleLine to your portfolios can decrease your overall portfolio volatility.
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The market value of SPDR DoubleLine Short is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR DoubleLine's value that differs from its market value or its book value, called intrinsic value, which is SPDR DoubleLine's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR DoubleLine's market value can be influenced by many factors that don't directly affect SPDR DoubleLine's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR DoubleLine's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR DoubleLine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR DoubleLine's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.