State Mutual Fund Manager Performance Evaluation

SSAFX
 Fund
  

USD 88.48  0.13  0.15%   

The entity has a beta of 0.1868, which indicates not very significant fluctuations relative to the market. Let's try to break down what State's beta means in this case. As returns on the market increase, State Street returns are expected to increase less than the market. However, during the bear market, the loss on holding State Street will be expected to be smaller as well. Even though it is essential to pay attention to State Street Aggregate current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. State Street Aggregate exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
State Performance
0 of 100
Over the last 90 days State Street Aggregate has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong technical and fundamental indicators, State Street is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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State Price Channel

Fifty Two Week Low84.46
Fifty Two Week High104.22
Annual Report Expense Ratio0.03%

State Street Relative Risk vs. Return Landscape

If you would invest  9,083  in State Street Aggregate on August 30, 2022 and sell it today you would lose (235.00)  from holding State Street Aggregate or give up 2.59% of portfolio value over 90 days. State Street Aggregate is currently producing negative expected returns and takes up 0.5587% volatility of returns over 90 trading days. Put another way, 4% of traded mutual funds are less volatile than State, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days horizon State Street is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 2.45 times less risky than the market. the firm trades about -0.07 of its potential returns per unit of risk. The DOW is currently generating roughly 0.09 of returns per unit of risk over similar time horizon.

State Street Current Valuation

Fairly Valued
Today 88.48
Please note that State Street's price fluctuation is very steady at this time.
State Street Aggregate has a current Real Value of $88.18 per share. The regular price of the fund is $88.48. At this time, the fund appears to be fairly valued. We determine the value of State Street Aggregate from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Our valuation method for State Street Aggregate is useful when determining the fair value of the State mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of State Street. Since State Street is currently traded on the exchange, buyers and sellers on that exchange determine the market value of State Mutual Fund. However, State Street'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.
88.18
Real Value
88.74
Upside
Estimating the potential upside or downside of State Street Aggregate helps investors to forecast how State mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of State Street more accurately as focusing exclusively on State Street's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
86.8787.6688.45
Details
Hype
Prediction
LowEstimated ValueHigh
87.9288.4889.04
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
1.551.571.58
Details

State Street Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for State Street's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as State Street Aggregate, and traders can use it to determine the average amount a State Street's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0717

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Estimated Market Risk
 0.56
  actual daily
 
 4 %
of total potential
 
44
Expected Return
 -0.04
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.07
  actual daily
 
 0 %
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00
Based on monthly moving average State Street is performing at about 0% of its full potential. 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 State Street by adding it to a well-diversified portfolio.

About State Street Performance

To evaluate State Street Aggregate Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when State Street generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare State Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand State Street Aggregate market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents State's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The fund invests substantially all, but at least 80, of its net assets in securities comprising the index or in securities that the Adviser determines have economic characteristics that are comparable to the economic characteristics of securities that comprise the index. State Street is traded on NASDAQ Exchange in the United States.

Things to note about State Street Aggregate

Checking the ongoing alerts about State Street for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for State Street Aggregate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

State Street Alerts

Equity 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
On 1st of November 2022 State Street paid $ 0.1904 per share dividend to its current shareholders
The fund maintains about 5.89% of its assets in cash
Additionally, take a look at World Market Map. 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for State Mutual Fund analysis

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.