SPDR DoubleLine Performance

SPDR DoubleLine Shrt Term TR Tact ETF -- USA Etf  

USD 48.76  0.05  0.10%

The entity has beta of 0.0133 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.
 Time Horizon     30 Days    Login   to change

SPDR DoubleLine Shrt Relative Risk vs. Return Landscape

If you would invest  4,906  in SPDR DoubleLine Shrt Term TR Tact ETF on March 25, 2018 and sell it today you would lose (25.00)  from holding SPDR DoubleLine Shrt Term TR Tact ETF or give up 0.51% of portfolio value over 30 days. SPDR DoubleLine Shrt Term TR Tact ETF is currenly does not generate positive expected returns and assumes 0.1493% risk (volatility on return distribution) over the 30 days horizon. In different words, 1% of equities are less volatile than SPDR DoubleLine Shrt Term TR Tact ETF and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 30 days, SPDR DoubleLine Shrt Term TR Tact ETF is expected to generate 0.11 times more return on investment than the market. However, the company is 9.48 times less risky than the market. It trades about -0.06 of its potential returns per unit of risk. The DOW is currently generating roughly -0.04 per unit of risk.

Performance Rating

SPDR DoubleLine Shrt Term TR Tact ETF Risk Adjusted Performance Analysis
0 

Risk-Adjusted Performance

Over the last 30 days SPDR DoubleLine Shrt Term TR Tact ETF has generated negative risk-adjusted returns adding no value to investors with long positions.

2 Months Efficiency

SPDR DoubleLine Sharpe Ratio = -0.0615
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Estimated Market Risk
 0.15
  actual daily
 
 99 %
of total potential
  
Expected Return
 -0.01
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 1 %
of total potential
  
Risk-Adjusted Return
 -0.06
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average SPDR DoubleLine is performing at about 0% 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.

Dividends

SPDR DoubleLine Shrt Dividends Analysis
Check SPDR DoubleLine Shrt dividend payout schedule and payment analysis over time. Analyze past dividends calendar and estimate annual dividend income
Check Dividends  
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