Spdr Doubleline Emerging Etf Price on December 19, 2024

EMTL Etf  USD 42.14  0.01  0.02%   
Below is the normalized historical share price chart for SPDR DoubleLine Emerging 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 42.14, as last reported on the 25th of December, with the highest price reaching 42.14 and the lowest price hitting 42.12 during the day.
3 y Volatility
9.07
200 Day MA
42.5236
1 y Volatility
4.05
50 Day MA
42.7659
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. SPDR DoubleLine Emerging owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the etf had a -0.12% return per unit of volatility over the last 3 months. SPDR DoubleLine Emerging exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SPDR DoubleLine's risk adjusted performance of (0.12), and Variance of 0.0228 to confirm the risk estimate we provide.
  
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1171

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Estimated Market Risk

 0.15
  actual daily
1
99% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average SPDR DoubleLine is not performing at its full potential. However, 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 SPDR DoubleLine to a well-diversified portfolio.

SPDR DoubleLine Valuation on December 19, 2024

It is possible to determine the worth of SPDR DoubleLine on a given historical date. On December 19, 2024 SPDR was worth 42.12 at the beginning of the trading date compared to the closed value of 42.03. 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
  42.31    42.32    42.11    42.11    12,607  
12/19/2024
  42.12    42.12    42.03    42.03    13,656  
  42.12    42.18    42.12    42.15    8,077  
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Open Value
42.12
42.03
Closing Value
42.58
Upside

SPDR DoubleLine Trading Date Momentum on December 19, 2024

On December 20 2024 SPDR DoubleLine Emerging was traded for  42.15  at the closing time. The top price for the day was 42.18  and the lowest listed price was  42.12 . The trading volume for the day was 8.1 K. The trading history from December 20, 2024 was a factor to the next trading day price upswing. The overall trading delta against the next closing price was 0.29% . The trading price change against the current closing price is 0.24% .

SPDR DoubleLine Emerging 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 Emerging 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

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
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

SPDR DoubleLine Emerging cannot be verified against its exchange. Please verify the symbol is currently traded on BATS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

SPDR DoubleLine December 25, 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 Emerging 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 Emerging is a strong investment it is important to analyze SPDR DoubleLine's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SPDR DoubleLine's future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in SPDR DoubleLine Emerging. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of SPDR DoubleLine Emerging 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.