SSGA SP Competition

SVSPX -  USA Fund  

USD 248.46  0.37  0.15%

SSGA SP 500 competes with Vanguard 500; as well as few others. The fund is listed under Large Blend category and is part of State Street Global Advisors family. Analyzing SSGA SP competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of SSGA SP to its intrinsic valuation because they are able to contrast its competitors on a relative basis.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of SSGA SP competition on your existing holdings. Additionally, take a look at SSGA SP Correlation with its peers.

SVSPX Competition 

 
Refresh
Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of SSGA SP's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of SSGA SP in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
247.33248.32249.31
Details
Intrinsic
Valuation
LowReal ValueHigh
230.47231.46273.71
Details
Naive
Forecast
LowNext ValueHigh
241.50242.49243.47
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
216.94264.91312.88
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SSGA SP. Your research has to be compared to or analyzed against SSGA SP's peers to derive any actionable benefits. When done correctly, SSGA SP's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in SSGA SP 500.

SSGA SP Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between SSGA SP and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of SVSPX and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of SSGA SP 500 does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

SSGA SP Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between SSGA SP stock performing well and SSGA SP Mutual Fund doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze SSGA SP's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
TWTR
 1.68 (0.81)  0.00 (0.78)  0.00 (0.34)  0.00  2.93 (4.02)  12.30 
MSFT
 1.21  0.03  0.00 (0.04)  0.00  0.0226  0.00  2.68 (2.91)  8.44 
UBER
 2.54 (0.25)  0.00 (0.19)  0.00 (0.10)  0.00  5.72 (4.97)  14.83 
F
 2.38  0.51  0.17  0.18  2.41  0.13 (2.90)  5.62 (3.80)  19.58 
T
 1.24 (0.01)  0.00 (0.10)  0.00  0.011  0.00  2.74 (1.79)  15.37 
A
 1.22 (0.21)  0.00 (0.35)  0.00 (0.13)  0.00  1.96 (2.90)  7.81 
CRM
 1.64 (0.34)  0.00 (0.28)  0.00 (0.16)  0.00  2.27 (3.87)  16.15 
JPM
 1.08 (0.15)  0.00 (0.20)  0.00 (0.10)  0.00  2.12 (2.27)  9.94 
MRK
 1.18  0.01  0.03  0.04  2.34  0.04 (1.10)  2.13 (2.83)  16.02 
XOM
 1.27  0.34  0.19  0.24  1.46  0.20 (1.30)  2.94 (2.60)  6.94 

SSGA SP Competitive Analysis

The better you understand SSGA SP competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, SSGA SP's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across SSGA SP's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart

SSGA SP Competition Performance Charts

Complement your SSGA SP position

In addition to having SSGA SP 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 Dividend Beast Thematic Idea Now

Dividend Beast
Dividend Beast Theme
An experimental equal-weighted theme of equities with high dividend yield and solid fundamentals based on Macroaxis rating system. Dividend Beast theme has 60 constituents.
View All  Next Launch Dividend Beast
Additionally, take a look at SSGA SP Correlation with its peers. Note that the SSGA SP 500 information on this page should be used as a complementary analysis to other SSGA SP'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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for SVSPX Mutual Fund analysis

When running SSGA SP 500 price analysis, check to measure SSGA SP'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 SSGA SP is operating at the current time. Most of SSGA SP's value examination focuses on studying past and present price action to predict the probability of SSGA SP's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SSGA SP's price. Additionally, you may evaluate how the addition of SSGA SP to your portfolios can decrease your overall portfolio volatility.
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Please note, there is a significant difference between SSGA SP's value and its price as these two are different measures arrived at by different means. Investors typically determine SSGA SP value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSGA SP'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.