|Horizon||30 Days Login to change|
SPDR DoubleLine Market Sensitivity
SPDR DoubleLine Shrt Technical Analysis
SPDR DoubleLine Projected Return Density Against MarketGiven the investment horizon of 30 days, SPDR DoubleLine Shrt Term TR Tact ETF has beta of -0.0367 . This entails as returns on benchmark increase, returns on holding SPDR DoubleLine are expected to decrease at a much smaller rate. During bear market, however, SPDR DoubleLine Shrt Term TR Tact ETF is likely to outperform the market. Additionally, SPDR DoubleLine Shrt Term TR Tact ETF has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
SPDR DoubleLine Return VolatilitySPDR DoubleLine Shrt Term TR Tact ETF inherits 0.1385% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 1.3037% risk (volatility on return distribution) over the 30 days horizon.