State Street Preferred Stock Today
| STT-PG Preferred Stock | USD 23.56 0.08 0.34% |
Performance0 of 100
| Odds Of DistressLess than 9
|
State Street is trading at 23.56 as of the 19th of April 2024. This is a -0.34 percent decrease since the beginning of the trading day. The preferred stock's lowest day price was 23.48. State Street has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for State Street are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts. State Street operates under Asset Management classification in USA and is traded on New York Stock Exchange. The company has 379.54 M outstanding shares of which 246.05 K shares are at this time shorted by private and institutional investors with about 6.57 days to cover all short positions. More on State Street
Moving against State Preferred Stock
| 0.7 | SOHL | Southern Trust Securities | PairCorr |
| 0.57 | SVVC | Firsthand Technology | PairCorr |
| 0.48 | GLAE | Glassbridge Enterprises | PairCorr |
Follow Valuation Odds of Bankruptcy
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State Preferred Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. State Street's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding State Street or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Banking (View all Themes) |
| Business Concentration | Banking, Asset Management, Financial Services, Asset Management, Financial Services (View all Sectors) |
State Street (STT-PG) is traded on New York Stock Exchange in USA. It is located in State Street Financial Center, Boston, MA, United States, 02111 and employs 42,226 people. State Street is listed under Banking category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 19.7 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate State Street's market, we take the total number of its shares issued and multiply it by State Street's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. State Street operates under Financial Services sector and is part of Asset Management industry. The entity has 379.54 M outstanding shares of which 246.05 K shares are at this time shorted by private and institutional investors with about 6.57 days to cover all short positions.
State Street has accumulated about 72.53 B in cash with (6.71 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 194.68, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check State Street Probability Of Bankruptcy
Ownership AllocationState Street maintains a total of 379.54 Million outstanding shares. About 74.0 % of State Street outstanding shares are held by general public with 25.61 % by institutional holders. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check State Ownership Details
State Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of State Street jumping above the current price in 90 days from now is about 90.32%. The State Street probability density function shows the probability of State Street preferred stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon State Street has a beta of 0.4151. This usually implies as returns on the market go up, State Street average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding State Street will be expected to be much smaller as well. Additionally, state Street has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of State Street to move above the current price in 90 days from now is about 90.32 (This State Street probability density function shows the probability of State Preferred Stock to fall within a particular range of prices over 90 days) .
State Street Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. State Street market risk premium is the additional return an investor will receive from holding State Street long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in State Street. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although State Street's alpha and beta are two of the key measurements used to evaluate State Street's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.04) |
State Stock Against Markets
Picking the right benchmark for State Street preferred stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in State Street preferred stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for State Street is critical whether you are bullish or bearish towards State Street at a given time. Please also check how State Street's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in State Street without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
State Street Corporate Management
Elected by the shareholders, the State Street's board of directors comprises two types of representatives: State Street inside directors who are chosen from within the company, and outside directors, selected externally and held independent of State. The board's role is to monitor State Street's management team and ensure that shareholders' interests are well served. State Street's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, State Street's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Francisco Silva | Exec Advisor | Profile | |
| Brian Franz | Chief VP | Profile | |
| Aunoy Banerjee | Head VP | Profile | |
| Michael Richards | Exec Officer | Profile | |
| Andrew Erickson | Chief VP | Profile | |
| Ronald OHanley | Chairman CEO | Profile | |
| Andrew Zitney | Ex Services | Profile |
How to buy State Preferred Stock?
Before investing in State Street, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in State Street. To buy State Street preferred stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of State Street. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase State Street preferred stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located State Street preferred stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased State Street preferred stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the preferred stock
It's important to note that investing in stocks, such as State Street, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in preferred stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in State Street?
The danger of trading State Street is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of State Street is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than State Street. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile State Street is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in State Street. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for State Preferred Stock analysis
When running State Street's 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 the 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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