SPDR DoubleLine Buy Hold or Sell Recommendation

STOT -- USA Etf  

USD 48.50  0.01  0.0206%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding SPDR DoubleLine Shrt Term TR Tact ETF is 'Strong Buy'. Macroaxis provides SPDR DoubleLine buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding STOT positions. The advice algorithm takes into account all of SPDR DoubleLine Shrt available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from STOT buy-and-hold prospective. Also please take a look at SPDR DoubleLine Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell SPDR DoubleLineBuy SPDR DoubleLine
Strong Buy

Volatility

Hype Condition

Current Valuation

Odds of Distress

Analyst Consensus

Not Available
For the selected time horizon SPDR DoubleLine Shrt Term TR Tact ETF has a risk adjusted performance of 0.23, jensen alpha of 0.032352, total risk alpha of 0.008725, sortino ratio of 0.0 and treynor ratio of 14.53
Macroaxis buy or sell recommendation tool can be used to complement SPDR DoubleLine Shrt advice provided by experts. It analyzes the organization potential to grow against your specific risk preferences and investment horizon. Please use SPDR DoubleLine Shrt Net Asset to make buy, hold, or sell decision on SPDR DoubleLine.

SPDR DoubleLine Returns Distribution Density

Mean Return0.02Value At Risk0.23
Potential Upside0.14Standard Deviation0.15
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Elmwood Wealth Management IncFund Units38.6 K1.9 M

SPDR DoubleLine Greeks

α
Alpha over DOW
=0.03
β
Beta against DOW=0.0022
σ
Overall volatility
=0.15
Ir
Information ratio =0.96

SPDR DoubleLine Volatility Alert

SPDR DoubleLine Shrt Term TR Tact ETF exhibits very low volatility with skewness of -1.76 and kurtosis of 4.08. However, we advise investors to further study SPDR DoubleLine Shrt Term TR Tact ETF technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare SPDR DoubleLine to competition

SPDR DoubleLine Fundamental Vs Peers

FundamentalsSPDR DoubleLinePeer Average
One Year Return0.20 % (1.25) %
Net Asset87.62 M888.73 M
Last Dividend Paid0.0990.03
Bond Positions Weight95.54 % 8.08 %

SPDR DoubleLine Market Momentum

SPDR DoubleLine Alerts

Trading Alerts and Improvement Suggestions

SPDR DoubleLine Shrt generates negative expected return over the last 30 days
On October 1, 2018 SPDR DoubleLine paid $ 0.099 per share dividend to its current shareholders
The fund maintains about 95.54% of its assets in bonds
Also please take a look at SPDR DoubleLine Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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