SPDR DoubleLine Shrt Term TR Tact ETF has Risk Adjusted Performance of 0.094997 and Coefficient Of Variation of 11,525. In connection with Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check practical technical drivers of SPDR DoubleLine Shrt as well as the relationship between them. In other words you can use this information to find out if the etf will indeed mirror its model of past prices and volume data or the prices will eventually revert. We found nineteen technical drivers for SPDR DoubleLine Shrt Term TR Tact ETF which can be compared to its competition. Please validate SPDR DoubleLine ShrtSemi Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Semi Variance to decide if SPDR DoubleLine is priced adequately providing market reflects its prevalent price of 48.83 per share.
The output start index for this execution was fourteen with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of SPDR DoubleLine Shrt volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
SPDR DoubleLine Shrt Trend Analysis
Use this graph to draw trend lines for SPDR DoubleLine Shrt Term TR Tact ETF. You can use it to identify possible trend reversals for SPDR DoubleLine as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual SPDR DoubleLine price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
SPDR DoubleLine Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SPDR DoubleLine Shrt Term TR Tact ETF applied against its price change over selected period. The best fit line has a slop of 0.00334 % which may suggest that SPDR DoubleLine Shrt Term TR Tact ETF market price will keep on failing further. It has 78 observation points and a regression sum of squares at 0.11, which is the sum of squared deviations for the predicted SPDR DoubleLine price change compared to its average price change.
Diversify with SPDR DoubleLine Shrt Term TR Tact ETF
Build Optimal Portfolios
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations when you add SPDR DoubleLine Shrt Term TR Tact ETF to your portfolio