SPDR DoubleLine Valuation
| TOTL Etf | USD 39.70 0.03 0.08% |
At this time, the etf appears to be fairly valued. SPDR DoubleLine Total has a current Real Value of $39.67 per share. The regular price of the etf is $39.7. Our model measures the value of SPDR DoubleLine Total from examining the etf fundamentals such as last dividend paid of 0.12, and Number Of Employees of 359 as well as evaluating its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that SPDR DoubleLine's price fluctuation is very steady at this time. Calculation of the real value of SPDR DoubleLine Total 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.
The fair value of the SPDR etf is determined by what a typical buyer is willing to pay for full or partial control of SPDR DoubleLine Total. Since SPDR DoubleLine is currently traded on the exchange, buyers and sellers on that exchange determine the market value of SPDR Etf. However, SPDR DoubleLine's intrinsic value may or may not be the same as its current market price, 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 39.7 | Real 39.67 | Hype 39.7 | Naive 39.81 |
The intrinsic value of SPDR DoubleLine's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence SPDR DoubleLine's stock price.
Estimating the potential upside or downside of SPDR DoubleLine Total 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
We use absolute and relative valuation methodologies to arrive at the intrinsic value of SPDR DoubleLine Total. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of SPDR DoubleLine Total based exclusively on its fundamental and basic technical indicators. By analyzing SPDR DoubleLine's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of SPDR DoubleLine's intrinsic value. 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 Sub-Adviser will invest at least 80 percent of the funds net assets in a portfolio of fixed income securities of any credit quality. SPDR Doubleline is traded on NYSEARCA 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 Total. 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of SPDR DoubleLine Total 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.