State Mutual Fund Buy Hold or Sell Recommendation

SSAFX
 Fund
  

USD 91.81  0.37  0.40%   

Assuming the 90 days horizon and your complete indifference towards market risk, our recommendation regarding State Street Aggregate is 'Buy'. Macroaxis provides State Street buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SSAFX positions. The advice algorithm takes into account all of State Street's available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from State Street's buy-and-hold perspective. Additionally, take a look at State Street Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as State and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards State Street Aggregate.

Execute State Street Buy or Sell Advice

The State recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on State Street Aggregate. Macroaxis does not own or have any residual interests in State Street Aggregate or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute State Street's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell State StreetBuy State Street
Buy

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Very SmallDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon State Street Aggregate has a Risk Adjusted Performance of (0.22), Jensen Alpha of (0.06), Total Risk Alpha of (0.011983) and Treynor Ratio of (1.20)
Macroaxis provides recommendation on State Street Aggregate to complement and cross-verify current analyst consensus on State Street Aggregate. Our trade recommendation engine determines the fund's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. Please use State Street Aggregate one year return and bond positions weight to make buy, hold, or sell decision on State Street.

State Street Trading Alerts and Improvement Suggestions

State Street generated a negative expected return over the last 90 days
State Street is unlikely to experience financial distress in the next 2 years
The fund maintains about 5.89% of its assets in cash

State Street Returns Distribution Density

The distribution of State Street's historical returns is an attempt to chart the future uncertainty of State Street's future price movements. The chart of the probability distribution of State Street stock daily returns describes the distribution of returns around its average expected value. We use State Street Aggregate price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of State Street returns is essential to provide solid investment advice for State Street stock.
Mean Return-0.07Value At Risk-0.81
Potential Upside0.58Standard Deviation0.48
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of State Street historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

State Street Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to State Street or State Street Global Advisors sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that State Street stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a State stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.06
β
Beta against DOW0.06
σ
Overall volatility
0.48
Ir
Information ratio 0.24

State Street Volatility Alert

State Street Aggregate exhibits very low volatility with skewness of -0.32 and kurtosis of 0.58. However, we advise investors to further study State Street Aggregate technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure State Street's mutual fund risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact State Street's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

State Street Implied Volatility

State Street's implied volatility exposes the market's sentiment of State Street Aggregate stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if State Street's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that State Street stock will not fluctuate a lot when State Street's options are near their expiration.

State Street Fundamentals Vs Peers

Comparing State Street's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze State Street's direct or indirect competition across all of the common fundamentals between State Street and the related equities. This way, we can detect undervalued stocks with similar characteristics as State Street or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of State Street's fundamental indicators could also be used in its relative valuation, which is a method of valuing State Street by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare State Street to competition
FundamentalsState StreetPeer Average
One Year Return9.44 %4.15 %
Three Year Return5.03 %3.60 %
Five Year Return3.84 %3.24 %
Net Asset513.76 M4.11 B
Last Dividend Paid0.160.65
Cash Position Weight5.89 %10.61 %
Bond Positions Weight92.94 %11.24 %

About State Street Buy or Sell Advice

When is the right time to buy or sell State Street Aggregate? Buying financial instruments such as State Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although State Street investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having State Street in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Gambling Thematic Idea Now

Gambling
Gambling Theme
Companies that are related to providing gambling services across multiple geographical areas by investing, exploring, or producing software, hardware, and related infrastructure for running gambling operations or trading speculative assets. The Gambling theme has 37 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Gambling Theme or any other thematic opportunities.
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Additionally, take a look at State Street Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the State Street Aggregate information on this page should be used as a complementary analysis to other State Street's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running State Street Aggregate price analysis, check to measure State Street's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy State Street is operating at the current time. Most of State Street's value examination focuses on studying past and present price action to predict the probability of State Street's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move State Street's price. Additionally, you may evaluate how the addition of State Street to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between State Street's value and its price as these two are different measures arrived at by different means. Investors typically determine State Street value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, State Street'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.