SPDR DoubleLine Backtesting

SPDR DoubleLine Shrt Term TR Tact ETF -- USA Etf  

USD 48.95  0.010001  0.0204%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of SPDR DoubleLine Shrt Term TR Tact ETF and determine expected loss or profit from investing in SPDR DoubleLine over given investment horizon. Also please take a look at SPDR DoubleLine Hype Analysis, SPDR DoubleLine Correlation, Portfolio Optimization, SPDR DoubleLine Volatility as well as analyze SPDR DoubleLine Alpha and Beta and SPDR DoubleLine Performance
 Time Horizon     30 Days    Login   to change

SPDR DoubleLine 'What if' Analysis

February 15, 2018
No Change 0.00  0.0%
In 31 days
March 17, 2018
If you would invest  0.00  in SPDR DoubleLine on February 15, 2018 and sell it all today you would earn a total of 0.00 from holding SPDR DoubleLine Shrt Term TR Tact ETF or generate 0.0% return on investment in SPDR DoubleLine over 30 days. SPDR DoubleLine is related to or competes with iShares Core, Vanguard Total, Vanguard Short, Vanguard Interm, SPDR DoubleLine, and SPDR Portfolio. SPDR DoubleLine Shrt Term TR Tact ETF is USA based ETF administrated by SSGA Funds Management, Inc.

SPDR DoubleLine Upside/Downside Indicators


SPDR DoubleLine Market Premium Indicators

SPDR DoubleLine Shrt lagged returns against current returns

 Current and Lagged Values 

SPDR DoubleLine regressed lagged prices vs. current prices

 Current vs Lagged Prices 

SPDR DoubleLine Shrt Backtested Returns

Macroaxis considers SPDR DoubleLine to be not too risky. SPDR DoubleLine Shrt owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.1676 which indicates SPDR DoubleLine Shrt had -0.1676% of return per unit of volatility over the last 1 month. Macroaxis approach towards measuring risk of any etf is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. SPDR DoubleLine Shrt Term TR Tact ETF exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate SPDR DoubleLine Risk Adjusted Performance of 0.17 and Coefficient Of Variation of 1,569 to confirm risk estimate we provide. The entity has beta of 0.0421 which indicates as returns on market increase, SPDR DoubleLine returns are expected to increase less than the market. However during bear market, the loss on holding SPDR DoubleLine will be expected to be smaller as well.. Even though it is essential to pay attention to SPDR DoubleLine Shrt current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis approach towards measuring future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. SPDR DoubleLine Shrt Term TR Tact ETF exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.68 

Good predictability

SPDR DoubleLine Shrt Term TR Tact ETF has good predictability. Overlapping area represents the amount of predictability between SPDR DoubleLine time series from February 15, 2018 to March 2, 2018 and March 2, 2018 to March 17, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SPDR DoubleLine Shrt price movement. The serial correlation of 0.68 indicates that around 68.0% of current SPDR DoubleLine price fluctuation can be explain by its past prices.
Correlation Coefficient 0.68
Spearman Rank Test 0.67
Average Price 48.95
Lagged Average Price 49.04

SPDR DoubleLine Lagged Returns

 Regressed Prices 

SPDR DoubleLine Performance vs DOW

The median price of SPDR DoubleLine for the period between Thu, Feb 15, 2018 and Sat, Mar 17, 2018 is 48.97000122 with a coefficient of variation of 48.25. The daily time series for the period is distributed with a sample standard deviation of 19.34, arithmetic mean of 40.07, and mean deviation of 14.57. The Etf received some media coverage during the period.
March 1, 2018SPDR DoubleLine Dividend Paid
 Price Growth (%)  
SPDR DoubleLine Short Duration Total Return Tactical ETF Dec...03/10/2018