Spdr Doubleline Short Etf Profile

STOT Etf  USD 47.14  0.01  0.02%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
SPDR DoubleLine is selling for under 47.14 as of the 28th of November 2024; that is 0.02 percent increase since the beginning of the trading day. The etf's last reported lowest price was 47.1. SPDR DoubleLine has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during 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 29th of October 2024 and ending today, the 28th of November 2024. 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 BATS Exchange in the United States. More on SPDR DoubleLine Short

Moving together with SPDR Etf

  0.67BSV Vanguard Short TermPairCorr
  0.75IGSB iShares 1 5PairCorr
  0.8SPSB SPDR Barclays ShortPairCorr
  0.72ISTB iShares Core 1PairCorr
  0.8SLQD iShares 0 5PairCorr

Moving against SPDR Etf

  0.35NVDL GraniteShares 15x LongPairCorr
  0.35NVDX T Rex 2XPairCorr
  0.35NVDU Direxion Daily NVDAPairCorr
  0.33USD ProShares Ultra SemiPairCorr

SPDR Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationBroad Debt ETFs, Investment Grade ETFs, Short-Term Bond, SPDR State Street Global Advisors (View all Sectors)
IssuerSSgA
Inception Date2016-04-13
BenchmarkNot Applicable
Entity TypeRegulated Investment Company
Asset Under Management163.39 Million
Average Trading Valume26,455
Asset TypeFixed Income
CategoryBroad Debt
FocusInvestment Grade
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 Constituents405
Market MakerJane Street
Total Expense0.45
Management Fee0.45
Country NameUSA
Returns Y T D4.91
NameSPDR DoubleLine Short Duration Total Return Tactical ETF
Currency CodeUSD
Open FigiBBG00CNVKF12
In Threey Volatility2.27
1y Volatility1.58
200 Day M A46.9921
50 Day M A47.1429
CodeSTOT
Updated At27th of November 2024
Currency NameUS Dollar
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. The entity is thematically classified as Broad Debt ETFs. SPDR DoubleLine Short at this time have 129.04 M in assets. , while the total return for the last 3 years was 2.5%.
Check SPDR DoubleLine Probability Of Bankruptcy

Geographic Allocation (%)

SPDR DoubleLine Short Risk Profiles

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.

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.

SPDR DoubleLine Against Markets

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 closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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.