SPDR DoubleLine Short Etf Volatility
| STOT Etf | USD 47.17 0.04 0.08% |
SPDR DoubleLine Short continues to trade with a minimal volatility profile through the current horizon. It currently posts a Sharpe Ratio (Efficiency) of 0.14, supporting positive efficiency readings over the last 3 months. Current risk dynamics are supported by 28 technical indicators.
Sharpe Ratio = 0.1379
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| STOT |
SPDR DoubleLine Short posted a Market Risk Adjusted Performance of -1.1%, a Risk of 0.07, and a Risk Adjusted Performance of 0.03% for the reported period. SPDR DoubleLine has reached nearly 10% of its prior moving-average-defined range. Portfolio-level dispersion may shift depending on exposure weight.
Key indicators related to SPDR DoubleLine's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Investors holding SPDR DoubleLine should monitor SPDR DoubleLine's rolling volatility as part of ongoing risk management. A sudden spike in SPDR DoubleLine volatility, even without a directional price move, can signal increased uncertainty and potential for larger price swings ahead.
Volatility Strategy
Volatility clustering in SPDR DoubleLine Short may influence portfolio rebalancing frequency. Current statistical measures show total volatility near 0.0721% with a beta coefficient of -0.002, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of 0.14, evaluates return per unit of total risk. An alpha value of 0.002201 reflects performance relative to systematic market exposure. Expected return estimates near 0.0099% are derived from historical distribution modeling and help frame forward-looking return assumptions within a portfolio context. Underlying basket liquidity can affect premium stability.
Main indicators related to SPDR DoubleLine's market risk premium analysis include:
Beta -0.002 | Alpha 0.002201 | Risk 0.0721 | Sharpe Ratio 0.14 | Expected Return 0.0099 |
Moving together with SPDR Etf
| 0.96 | BSV | Vanguard Short Term | PairCorr |
| 0.96 | IGSB | iShares 1 5 | PairCorr |
| 0.97 | SPSB | SPDR Barclays Short | PairCorr |
| 0.97 | ISTB | iShares Core 1 | PairCorr |
| 0.98 | SLQD | iShares 0 5 | PairCorr |
| 0.9 | GVI | iShares Intermediate | PairCorr |
| 0.97 | LDUR | PIMCO Enhanced Low | PairCorr |
| 0.93 | SUSB | iShares ESG 1 | PairCorr |
| 0.88 | EMCB | WisdomTree Emerging | PairCorr |
| 0.61 | PCY | Invesco Emerging Markets | PairCorr |
| 0.83 | WIP | SPDR FTSE International | PairCorr |
| 0.61 | IGOV | iShares International | PairCorr |
| 0.92 | IYM | iShares Basic Materials | PairCorr |
| 0.94 | BSCT | Invesco BulletShares 2029 | PairCorr |
| 0.83 | MAPP | Harbor ETF Trust | PairCorr |
| 0.7 | SLVR | Sprott Silver Miners | PairCorr |
| 0.93 | DIVG | Invesco Exchange Traded | PairCorr |
| 0.88 | ARP | Advisors Inner Circle | PairCorr |
| 0.93 | MJSC | RBB Fund | PairCorr |
| 0.91 | SHV | iShares Trust | PairCorr |
| 0.97 | FCAL | First Trust California | PairCorr |
| 0.81 | OPP | RiverNorthDoubleLine | PairCorr |
| 0.85 | EMIF | iShares Emerging Markets | PairCorr |
| 0.79 | RING | iShares MSCI Global | PairCorr |
| 0.88 | PICK | iShares MSCI Global | PairCorr |
| 0.86 | IGA | Voya Global Advantage | PairCorr |
| 0.69 | XAR | SPDR SAMPP Aerospace | PairCorr |
| 0.9 | AGQI | First Trust Exchange | PairCorr |
Sensitivity To Market
The systematic risk of SPDR DoubleLine Short is captured by a beta reading of -0.002, indicating responsiveness to overall market fluctuations. Observed volatility is near 0.0721%.Volatility measures for SPDR DoubleLine Short summarize how wide the trading range has been over time. Downside deviation is about 0.09%. A key ETF concept is pricing relative to NAV. Premium/discount to NAV is often expressed as (Price − NAV) / NAV × 100 when NAV is available. This can be more visible during volatile sessions.
3 Months Beta |Analyze SPDR DoubleLine Short Demand TrendCheck current 90 days SPDR DoubleLine correlation with market (Dow Jones Industrial)Downside Risk
SPDR standard deviation is a volatility measure that captures how far daily prices deviate from their mean over the selected period. Volatile instruments have high standard deviations; stable instruments have low.
Standard Deviation | 0.0721 |
Standard deviation captures SPDR DoubleLine's total volatility, including favorable price movements that most investors don't consider risky. Downside deviation isolates the true loss risk in SPDR DoubleLine's daily returns. SPDR DoubleLine Short posted a Downside Deviation of 0.09, a Downside Variance of 0.01, and a Maximum Drawdown of 0.38 for the reported period.
Etf Volatility Analysis
Volatility in SPDR DoubleLine reflects the degree of uncertainty around SPDR DoubleLine's etf price. When SPDR DoubleLine experiences high volatility, its etf price can shift dramatically in a short period. Conversely, low SPDR DoubleLine's volatility suggests price stability and predictability.
Transformation |
This analysis covers sixty-one data points across the selected time horizon. SPDR DoubleLine Short Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Projected Return Density Against Market
Given the investment horizon of 90 days SPDR DoubleLine Short has a beta of -0.002 . This usually implies that as returns on the benchmark increase, returns on SPDR DoubleLine tend to move in the opposite direction, though by a smaller magnitude. During a bear market, however, SPDR DoubleLine Short is likely to outperform the market.SPDR DoubleLine volatility reflects broader etf market cycles alongside company or sector-specific developments. Diversified portfolios reduce specific exposure but not systemic risk. SPDR DoubleLine Short posted a Downside Deviation of 0.09, a Mean Deviation of 0.06, and a Standard Deviation of 0.07 for the reported period.
Predicted Return Density |
| Returns |
What Drives SPDR DoubleLine's Price Volatility?
Several factors can influence SPDR DoubleLine's market volatility:Industry Dynamics
Sector-level events can directly affect SPDR DoubleLine's price stability. Regulatory changes, supply disruptions, or shifts in demand within SPDR DoubleLine's industry may create volatility even when the broader market is calm. Competitive dynamics and industry consolidation can also amplify price swings for companies like SPDR DoubleLine.Political and Economic Environment
Macroeconomic conditions and policy decisions shape the backdrop for SPDR DoubleLine's price movements. Interest rate changes, trade policy shifts, and fiscal legislation can all alter investor sentiment toward SPDR DoubleLine. During periods of economic expansion, SPDR DoubleLine's price tends to benefit from broader market optimism, while downturns can amplify selling pressure.SPDR DoubleLine's Company-Specific Factors
Volatility can also stem from events unique to SPDR DoubleLine. Earnings surprises, management changes, product launches, or legal developments may trigger sharp price reactions in SPDR DoubleLine's stock. Conversely, operational setbacks, guidance revisions, or data breaches can weigh on SPDR DoubleLine's share price.Etf Risk Measures
Given the investment horizon of 90 days the coefficient of variation of SPDR DoubleLine is 725.1. The daily returns are distributed with a variance of 0.01 and standard deviation of 0.07. The mean deviation of SPDR DoubleLine Short is currently at 0.05. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.79
α | Alpha over Dow Jones | 0.0022 | |
β | Beta against Dow Jones | -0.002 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | 0.59 |
Etf Return Volatility
Daily return volatility for SPDR DoubleLine measures how far etf returns deviate from their average on a day-to-day basis. The exchange-traded fund shows 0.0721% volatility of returns over 90 trading days. For comparison, Dow Jones Industrial has volatility of 0.8012% on return distribution over a 90-day investment horizon. Performance |
| Timeline |
Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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SPDR DoubleLine Competition Risk-Adjusted Indicators
Strong stock returns do not always mean SPDR DoubleLine ETF is outperforming its peers on a fundamental level. A thorough review of SPDR DoubleLine's risk-adjusted indicators provides a clearer picture of whether returns are being earned efficiently. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.47 | -0.01 | 0.00 | -0.06 | 0.00 | 2.33 | 14.24 | |||
| MSFT | 1.24 | -0.24 | 0.00 | -0.55 | 0.00 | 2.19 | 13.28 | |||
| UBER | 1.53 | -0.09 | 0.00 | -0.21 | 0.00 | 3.18 | 11.09 | |||
| F | 1.36 | -0.11 | 0.00 | -0.14 | 0.00 | 3.61 | 10.01 | |||
| T | 1.10 | 0.21 | 0.19 | -0.82 | 1.11 | 3.87 | 8.53 | |||
| A | 1.24 | -0.32 | 0.00 | -0.35 | 0.00 | 2.48 | 7.20 | |||
| CRM | 1.82 | -0.41 | 0.00 | -0.68 | 0.00 | 3.41 | 9.78 | |||
| JPM | 1.14 | -0.05 | 0.00 | -0.07 | 0.00 | 2.18 | 8.17 | |||
| MRK | 1.13 | 0.30 | 0.22 | 0.61 | 1.22 | 2.54 | 7.29 | |||
| XOM | 1.33 | 0.45 | 0.31 | 26.63 | 1.14 | 2.90 | 6.83 |
Risk Metrics, Assumptions & Methodology
Volatility for SPDR DoubleLine reflects price dispersion, spread stability, and underlying basket liquidity conditions. Market stress typically elevates dispersion and correlation risk.
This section for SPDR DoubleLine Short is built from fund disclosures and market reference feeds, with harmonization applied to align reporting definitions. Values may update on different source schedules. Volatility and downside metrics are estimated from historical return dispersion.
This content is curated and reviewed by:
Michael Smolkin - Member of Macroaxis Board of DirectorsSPDR DoubleLine Investment Opportunity
Measured over the selected horizon, Dow Jones Industrial carries roughly 11.43 times the return volatility of SPDR DoubleLine Short. The lower-risk profile may improve diversification efficiency, but it still needs to be judged against return quality and market sensitivity.You can use SPDR DoubleLine Short to enhance the returns of your portfolios. This price-change note interprets the latest move in the context of short-horizon trading behavior. It highlights whether the move looks ordinary, stressed, or unusually speculative for the instrument. a normal upward fluctuation. Check odds of SPDR DoubleLine to be traded at $49.53 in 90 days.Average diversification
Across the chosen horizon, STOT and DJI show a correlation of 0.16 and fall into the Average diversification bucket. The overlap area represents the portion of risk that may be diversified away when both instruments are held together and nothing else in the portfolio changes.
SPDR DoubleLine Additional Risk Indicators
Risk analysis around SPDR DoubleLine Short becomes more useful when investors review secondary indicators that can confirm, refine, or challenge the basic volatility picture. Used correctly, these measures can support both standalone risk assessment and portfolio-level hedging decisions.
| Risk Adjusted Performance | 0.0346 | |||
| Market Risk Adjusted Performance | -1.13 | |||
| Mean Deviation | 0.0557 | |||
| Downside Deviation | 0.0924 | |||
| Coefficient Of Variation | 596.26 | |||
| Standard Deviation | 0.0732 | |||
| Variance | 0.0054 |
SPDR DoubleLine Suggested Diversification Pairs
Using SPDR DoubleLine in a pair-trading setup can improve risk control because gains and losses are judged against a second position instead of against the market alone. Used properly, pair trading is less about prediction in isolation and more about identifying relative mispricing between related positions.
Pair diversification lowers overall risk, though certain risk categories remain unaffected regardless of how positions are paired. Systematic risk - the risk tied to the overall market - cannot be eliminated by pairing SPDR DoubleLine with another position. However, SPDR DoubleLine's company-specific risk can be partially offset by selecting a pair that does not move in lockstep with SPDR DoubleLine Short.
More Resources for SPDR Etf Analysis
A comprehensive view of SPDR DoubleLine Short starts with financial statements and ratio context. Key ratios help frame profitability, efficiency, and growth context for SPDR DoubleLine Short Etf. Outlined below are key reports that provide context for SPDR DoubleLine Short Etf:World Market Map provides context for diversified portfolio construction. Additional portfolio transparency improves capital positioning. The allocation includes a position in SPDR DoubleLine Short across the allocation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. SPDR DoubleLine information on this page supports broader research rather than acting as a stand-alone signal. A thorough SPDR DoubleLine review pairs this page with the quantitative and comparative resources listed below. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Understanding SPDR DoubleLine Short includes distinguishing between market value and book value, where book value reflects SPDR's accounting equity. Value and price for SPDR DoubleLine are related but not identical, and they can diverge across cycles. Trading price represents the transaction level agreed by market participants.
The concept of value for SPDR DoubleLine differs from its quoted price, since each reflects a different lens. A full view may include fundamental ratios, momentum patterns, industry dynamics, and analyst estimates. Where SPDR DoubleLine trades at any moment depends on the balance of buying and selling pressure.