SPDR DoubleLine Backtesting

STOT -- USA Etf  

USD 48.85  0.019999  0.0409%

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
SymbolX
Backtest

SPDR DoubleLine 'What if' Analysis

May 22, 2018
0.00
No Change 0.00  0.0%
In 31 days
June 21, 2018
0.00
If you would invest  0.00  in SPDR DoubleLine on May 22, 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 PIMCO Enhanced, Vanguard Extended, Vanguard FTSE, SPDR SP, Vanguard High, Vanguard Dividend, and ISHARES DOW. The investment seeks to maximize current income with a dollar-weighted average effective duration between one and three ...

SPDR DoubleLine Upside/Downside Indicators

  

SPDR DoubleLine Market Premium Indicators

SPDR DoubleLine Shrt Backtested Returns

We consider SPDR DoubleLine not too risky. SPDR DoubleLine Shrt owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0729 which indicates SPDR DoubleLine Shrt had 0.0729% of return per unit of volatility over the last 1 month. Our approach towards measuring volatility of a etf is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for SPDR DoubleLine Shrt Term TR Tact ETF which you can use to evaluate future volatility of the etf. Please validate SPDR DoubleLine to confirm if risk estimate we provide are consistent with the epected return of 0.0114%. The entity has beta of 0.0 which indicates the returns on MARKET and SPDR DoubleLine are completely uncorrelated. Although it is extremely important to respect SPDR DoubleLine Shrt current price movements, it is better to be realistic regarding the information on equity historical returns. The approach towards measuring future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By examining SPDR DoubleLine Shrt technical indicators you can now evaluate if the expected return of 0.0114% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.06 

Virtually no predictability

SPDR DoubleLine Shrt Term TR Tact ETF has virtually no predictability. Overlapping area represents the amount of predictability between SPDR DoubleLine time series from May 22, 2018 to June 6, 2018 and June 6, 2018 to June 21, 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 0.06 indicates that barely 6.0% of current SPDR DoubleLine price fluctuation can be explain by its past prices.
Correlation Coefficient 0.06
Spearman Rank Test 0.2
Lagged Price Variance 0.01
Average Price 48.85

SPDR DoubleLine Shrt lagged returns against current returns

 Current and Lagged Values 
      Timeline 

SPDR DoubleLine regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

SPDR DoubleLine Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - STOT

SPDR DoubleLine Shrt Investor Sentiment
Macroaxis portfolio users are evenly split in their outlook on investing in SPDR DoubleLine Shrt Term TR Tact ETF. What is your outlook on investing in SPDR DoubleLine Shrt Term TR Tact ETF? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

Trending Equities

Currently Active Assets on Macroaxis
OZL   
Purchased over 100 shares of
over a week ago
Traded for 10.44
FBU   
Purchased over 300 shares of
over a week ago
Traded for 6.24
JBH   
Purchased over 70 shares of
over a week ago
Traded for 23.42
GNC   
Purchased over 200 shares of
over a week ago
Traded for 8.1
SBM   
Purchased over 400 shares of
over a week ago
Traded for 4.74
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. Please also try Commodity Channel Index module to use commodity channel index to analyze current equity momentum.