Spdr Doubleline Total Etf Performance
| TOTL Etf | USD 38.98 0.04 0.10% |
The entity has a beta of 0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SPDR DoubleLine's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPDR DoubleLine is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days SPDR DoubleLine Total has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent basic indicators, SPDR DoubleLine is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
1 | Trading With Integrated Risk Controls - Stock Traders Daily | 02/13/2024 |
2 | Trading Signals - Stock Traders Daily.com | 03/05/2024 |
3 | Pivots Trading Plans and Risk Controls - Stock Traders Daily | 04/05/2024 |
4 | Active ETFs Nearing 10 percent of Total ETF Market Share - ETF Trends | 04/24/2024 |
| In Threey Sharp Ratio | -0.71 |
SPDR |
SPDR DoubleLine Relative Risk vs. Return Landscape
If you would invest 3,958 in SPDR DoubleLine Total on January 30, 2024 and sell it today you would lose (60.00) from holding SPDR DoubleLine Total or give up 1.52% of portfolio value over 90 days. SPDR DoubleLine Total is currently does not generate positive expected returns and assumes 0.5484% risk (volatility on return distribution) over the 90 days horizon. In different words, 4% of etfs are less volatile than SPDR, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
SPDR DoubleLine Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR DoubleLine's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR DoubleLine Total, and traders can use it to determine the average amount a SPDR DoubleLine's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0415
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TOTL |
Estimated Market Risk
| 0.55 actual daily | 4 96% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SPDR DoubleLine is not performing at its full potential. However, 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 SPDR DoubleLine to a well-diversified portfolio.
SPDR DoubleLine Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR DoubleLine, and SPDR DoubleLine fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on SPDR Etf performance.
| Total Asset | 2.12 B | |||
About SPDR DoubleLine Performance
To evaluate SPDR DoubleLine Total Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when SPDR DoubleLine generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare SPDR Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand SPDR DoubleLine Total market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents SPDR's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Under normal circumstances, the Sub-Adviser will invest at least 80 percent of the funds net assets in a portfolio of fixed income securities of any credit quality. SPDR Doubleline is traded on NYSEARCA Exchange in the United States.| SPDR DoubleLine generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Active ETFs Nearing 10 percent of Total ETF Market Share - ETF Trends | |
| SPDR DoubleLine Total created five year return of 0.0% | |
| This fund maintains most of the assets in different exotic instruments. |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR DoubleLine Total. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Stocks Directory module to find actively traded stocks across global markets.
The market value of SPDR DoubleLine Total 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.