Spdr Doubleline Short Etf Price on October 1, 2021

STOT Etf  USD 46.99  0.03  0.06%   
Below is the normalized historical share price chart for SPDR DoubleLine Short extending back to April 14, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of SPDR DoubleLine stands at 46.99, as last reported on the 28th of March, with the highest price reaching 47.00 and the lowest price hitting 46.95 during the day.
3 y Volatility
2.11
200 Day MA
46.5948
1 y Volatility
1.14
50 Day MA
46.911
Inception Date
2016-04-13
 
Covid
If you're considering investing in SPDR Etf, it is important to understand the factors that can impact its price. We consider SPDR DoubleLine very steady. SPDR DoubleLine Short owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates the etf had a 0.24% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for SPDR DoubleLine Short, which you can use to evaluate the volatility of the etf. Please validate SPDR DoubleLine's risk adjusted performance of 0.076, and Standard Deviation of 0.0745 to confirm if the risk estimate we provide is consistent with the expected return of 0.0183%.
  
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.24

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Based on monthly moving average SPDR DoubleLine is performing at about 18% 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.

SPDR DoubleLine Valuation on October 1, 2021

It is possible to determine the worth of SPDR DoubleLine on a given historical date. On October 1, 2021 SPDR was worth 47.77 at the beginning of the trading date compared to the closed value of 44.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR DoubleLine etf. Still, in general, we apply an absolute valuation method to find SPDR DoubleLine's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of SPDR DoubleLine where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR DoubleLine's related companies.
 Open High Low Close Volume
03/14/2022
  47.77    47.79    44.19    44.19    15,323  
  47.71    47.79    44.21    44.21    5,201  
Backtest SPDR DoubleLine  |  SPDR DoubleLine History  |  SPDR DoubleLine Valuation Next  
Open Value
47.77
44.19
Closing Value
48.00
Upside

SPDR DoubleLine Trading Date Momentum on October 1, 2021

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

SPDR DoubleLine Short Fundamentals Correlations and Trends

By evaluating SPDR DoubleLine's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among SPDR DoubleLine's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SPDR financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About SPDR DoubleLine Etf history

SPDR DoubleLine investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for SPDR is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SPDR DoubleLine Short will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing SPDR DoubleLine stock prices may prove useful in developing a viable investing in SPDR DoubleLine
Under normal circumstances, the fund will invest at least 80 percent of its net assets in a diversified portfolio of fixed income securities of any credit quality. SPDR Doubleline is traded on BATS Exchange in the United States.

SPDR DoubleLine Etf Technical Analysis

SPDR DoubleLine technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of SPDR DoubleLine technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SPDR DoubleLine trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

SPDR DoubleLine Period Price Range

Low
March 14, 2022
High

 47.77 

  

 44.19 

-3.58-7.49%

SPDR DoubleLine March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how SPDR DoubleLine etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SPDR DoubleLine shares will generate the highest return on investment. By undertsting and applying SPDR DoubleLine etf market strength indicators, traders can identify SPDR DoubleLine Short entry and exit signals to maximize returns

SPDR DoubleLine Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for SPDR DoubleLine's price direction in advance. Along with the technical and fundamental analysis of SPDR Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of SPDR to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether SPDR DoubleLine Short is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if SPDR Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Spdr Doubleline Short Etf. Highlighted below are key reports to facilitate an investment decision about Spdr Doubleline Short Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR DoubleLine Short. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for SPDR Etf analysis

When running SPDR DoubleLine's price analysis, check to measure SPDR DoubleLine's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPDR DoubleLine is operating at the current time. Most of SPDR DoubleLine's value examination focuses on studying past and present price action to predict the probability of SPDR DoubleLine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPDR DoubleLine's price. Additionally, you may evaluate how the addition of SPDR DoubleLine to your portfolios can decrease your overall portfolio volatility.
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The market value of SPDR DoubleLine Short is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR DoubleLine's value that differs from its market value or its book value, called intrinsic value, which is SPDR DoubleLine's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR DoubleLine's market value can be influenced by many factors that don't directly affect SPDR DoubleLine's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR DoubleLine's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR DoubleLine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR DoubleLine's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.