State Street Target Fund Quote

SSDEX Fund  USD 14.61  0.09  0.61%   

Performance

11 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 37

 
100  
 
Zero
Below Average
State Street is trading at 14.61 as of the 28th of March 2024; that is -0.61 percent decrease since the beginning of the trading day. The fund's open price was 14.7. State Street has about a 37 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for State Street Target are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of January 2024 and ending today, the 28th of March 2024. Click here to learn more.
SSGA Funds Management, Inc. manages the Target Retirement 2045 Fund using a proprietary asset allocation strategy. The fund is a fund of funds that invests in a combination of mutual funds and ETFs sponsored by the Adviser or its affiliates . It is intended for investors expecting to retire around the year 2045 and who are likely to stop making new investments in the fund at that time.. More on State Street Target

Moving together with State Mutual Fund

  0.95STFGX State Farm GrowthPairCorr
  0.87SIVIX State Street InstituPairCorr
  0.92SSAHX State Street TargetPairCorr
  0.92SSAIX Ssga International StockPairCorr
  0.97SSBYX State Street TargetPairCorr
  0.97SSBWX State Street TargetPairCorr

State Mutual Fund 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.
Fund ConcentrationState Street Global Advisors Funds, Large Blend Funds, Target-Date 2045 Funds, Target-Date 2045, State Street Global Advisors (View all Sectors)
Update Date31st of March 2024
State Street Target [SSDEX] is traded in USA and was established 28th of March 2024. State Street is listed under State Street Global Advisors category by Fama And French industry classification. The fund is listed under Target-Date 2045 category and is part of State Street Global Advisors family. This fund at this time has accumulated 502.37 M in assets with no minimum investment requirementsState Street Target is currently producing year-to-date (YTD) return of 5.25% with the current yeild of 0.02%, while the total return for the last 3 years was 3.68%.
Check State Street Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on State Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding State Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as State Street Target Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top State Street Target Mutual Fund Constituents

SPTISPDR Portfolio IntermediateEtfIntermediate Government
SPTLSPDR Barclays LongEtfLong Government
SSAFXState Street AggregateMutual FundIntermediate Core Bond
SSEYXState Street EquityMutual FundLarge Blend
SSGVXState Street GlobalMutual FundForeign Large Blend
SSMHXState Street SmallmidMutual FundMid-Cap Growth
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State Street Target Price Odds Analysis

Based on a normal probability distribution, the odds of State Street jumping above the current price in 90 days from now is nearly 4.88%. The State Street Target probability density function shows the probability of State Street mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon State Street Target has a beta of -0.011. This usually implies as returns on benchmark increase, returns on holding State Street are expected to decrease at a much lower rate. During the bear market, however, State Street Target is likely to outperform the market. Additionally, state Street Target has an alpha of 0.0937, implying that it can generate a 0.0937 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 14.61HorizonTargetOdds Above 14.61
94.99%90 days
 14.61 
4.88%
Based on a normal probability distribution, the odds of State Street to move above the current price in 90 days from now is nearly 4.88 (This State Street Target probability density function shows the probability of State Mutual Fund to fall within a particular range of prices over 90 days) .

State Street Target 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.

State Street Against Markets

Picking the right benchmark for State Street mutual fund 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 mutual fund 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 Target 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.

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How to buy State Mutual Fund?

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 fund, 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 fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located State Street Target fund 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 Target fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as State Street Target, 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 fund 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 Target?

The danger of trading State Street Target is mainly related to its market volatility and Mutual Fund 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 Target 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 Target. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the State Street Target 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 the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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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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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 if State Street is a good investment 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.