SPDR DoubleLine Valuation
| STOT Etf | USD 46.96 0.01 0.02% |
At this time, the etf appears to be overvalued. SPDR DoubleLine Short has a current Real Value of $43.14 per share. The regular price of the etf is $46.96. Our model measures the value of SPDR DoubleLine Short from examining the etf fundamentals such as last dividend paid of 0.0639, and Number Of Employees of 427 as well as evaluating its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that SPDR DoubleLine's price fluctuation is very steady at this time. Calculation of the real value of SPDR DoubleLine Short is based on 3 months time horizon. Increasing SPDR DoubleLine's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
SPDR DoubleLine's intrinsic value may or may not be the same as its current market price of 46.96, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 46.96 | Real 43.14 | Hype 46.96 | Naive 46.98 |
The intrinsic value of SPDR DoubleLine's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence SPDR DoubleLine's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of SPDR DoubleLine Short helps investors to forecast how SPDR etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of SPDR DoubleLine more accurately as focusing exclusively on SPDR DoubleLine's fundamentals will not take into account other important factors: About SPDR DoubleLine Valuation
The etf valuation mechanism determines SPDR DoubleLine's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of SPDR DoubleLine Short based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of SPDR DoubleLine. We calculate exposure to SPDR DoubleLine's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of SPDR DoubleLine's related companies.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.
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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.