SPDR Doubleline Etf Profile

STOT -  USA Etf  

USD 46.97  0.12  0.25%

Market Performance
0 of 100
Odds Of Distress
Less than 14
SPDR Doubleline is selling for under 46.97 as of the 26th of May 2022; that is -0.25 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 46.94. SPDR Doubleline has less than a 14 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for SPDR Doubleline Short are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of April 2022 and ending today, the 26th of May 2022. Click here to learn more.
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 NYSEArca Exchange in the United States. More on SPDR Doubleline Short

SPDR Doubleline Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. SPDR Doubleline's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPDR Doubleline or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
SPDR Doubleline generated a negative expected return over the last 90 days
On 1st of April 2022 SPDR Doubleline paid $ 0.055 per share dividend to its current shareholders
The fund maintains about 11.03% of its assets in bonds
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of SPDR Doubleline's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
IssuerSSgA
DescriptionSPDR DoubleLine Short Duration Total Return Tactical ETF
Inception Date2016-04-13
BenchmarkNot Applicable
Entity TypeRegulated Investment Company
Asset Under Management134.87 Million
Average Trading Valume32,749
Asset TypeFixed Income
CategoryBroad Debt
FocusBroad Debt
Market ConcentrationBlended Development
RegionGlobal
AdministratorSSgA Funds Management, Inc.
AdvisorSSgA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorState Street Global Advisors Funds Distributors, LLC
Portfolio ManagerJeffrey E. Gundlach, Philip A. Barach, Jeffrey J. Sherman
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Aug
ExchangeCboe BZX Exchange, Inc.
Number of Constituents313
Market MakerJane Street
Total Expense0.45
Management Fee0.45
Nav Price46.95
Two Hundred Day Average48.65
Ytd-3.70%
Average Daily Volume In Three Month24.47k
Fifty Two Week Low46.76
As Of Date11th of May 2022
Average Daily Volume Last 10 Day35.33k
Fifty Two Week High49.88
One Month-0.73%
Fifty Day Average47.33
Three Month-2.28%
SPDR Doubleline Short [STOT] is traded in USA and was established 2016-04-13. The fund is listed under Short-Term Bond category and is part of SPDR State Street Global Advisors family. SPDR Doubleline Short at this time have 140.54 M in assets. , while the total return for the last 3 years was 0.4%.
Check SPDR Doubleline Probability Of Bankruptcy

Geographic Allocation (%)

SPDR Doubleline Target Price Odds Analysis

What are SPDR Doubleline's target price odds to finish over the current price? Attributed to a normal probability distribution, the odds of SPDR Doubleline jumping above the current price in 90 days from now is about 89.16%. The SPDR Doubleline Short probability density function shows the probability of SPDR Doubleline etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days SPDR Doubleline has a beta of 0.0074. This usually implies as returns on the market go up, SPDR Doubleline average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SPDR Doubleline Short will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. SPDR Doubleline Short is significantly underperforming DOW.
  Odds Below 46.97HorizonTargetOdds Above 46.97
10.20%90 days
 46.97 
89.16%
Based on a normal probability distribution, the odds of SPDR Doubleline to move above the current price in 90 days from now is about 89.16 (This SPDR Doubleline Short probability density function shows the probability of SPDR Doubleline Etf to fall within a particular range of prices over 90 days) .

SPDR Doubleline Major Institutional Holders

Institutional Holdings refers to the ownership stake in SPDR Doubleline that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of SPDR Doubleline's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing SPDR Doubleline's value.
InstituionSecurity TypeTotal SharesValue
Spinnaker Investment Group LlcFund Units235.4 K11.2 M
View SPDR Doubleline Diagnostics

SPDR Doubleline Short Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPDR Doubleline market risk premium is the additional return an investor will receive from holding SPDR Doubleline long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR Doubleline. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SPDR Doubleline's alpha and beta are two of the key measurements used to evaluate SPDR Doubleline's performance over the market, the standard measures of volatility play an important role as well.

SPDR Doubleline Short Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. SPDR Doubleline Short Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe SPDR Doubleline price patterns.
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SPDR Doubleline Against Markets

Picking the right benchmark for SPDR Doubleline etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SPDR Doubleline etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SPDR Doubleline is critical whether you are bullish or bearish towards SPDR Doubleline Short at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SPDR Doubleline without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Investing SPDR Doubleline Short

You need to understand the risk of investing before taking a position in SPDR Doubleline. The danger of trading SPDR Doubleline Short is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SPDR Doubleline is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SPDR Doubleline. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SPDR Doubleline Short is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at World Market Map. Note that the SPDR Doubleline Short information on this page should be used as a complementary analysis to other SPDR Doubleline's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running SPDR Doubleline Short 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 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 Doubleline 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 SPDR Doubleline value 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.