SVSPX Mutual Fund Quote

SVSPX
 Fund
  

USD 228.90  4.18  1.79%   

Market Performance
3 of 100
Odds Of Distress
Less than 1
SSGA SP is trading at 228.90 as of the 5th of December 2022; that is -1.79 percent decrease since the beginning of the trading day. The fund's open price was 233.08. SSGA SP has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for SSGA SP 500 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of November 2022 and ending today, the 5th of December 2022. Click here to learn more.
CUSIP
784924888
ISIN
US78472P1093
Fiscal _ Year _ End
August
The adviser uses an index tracking management strategy designed to track the performance of the SP 500 Index . SSGA SP is traded on NASDAQ Exchange in the United States. More on SSGA SP 500

Moving together with SSGA SP

+1.0VFINXVANGUARD 500 INDEX Low VolatilityPairCorr
+1.0VFFSXVANGUARD 500 INDEX Low VolatilityPairCorr
+1.0VFIAXVANGUARD 500 INDEX Low VolatilityPairCorr
+0.86HPQHP Inc Potential GrowthPairCorr

SSGA SP 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. SSGA SP's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SSGA SP or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
The fund maintains 98.77% of its assets in stocks
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of SSGA SP's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
Beta In Three Year1.0
Startdate31st of December 2004
SSGA SP 500 [SVSPX] is traded in USA and was established 5th of December 2022. The fund is listed under Large Blend category and is part of State Street Global Advisors family. SSGA SP 500 at this time has accumulated 1.71 B in assets with minimum initial investment of 10 K. , while the total return for the last 3 years was 10.12%.
Check SSGA SP Probability Of Bankruptcy

Instrument Allocation

SSGA SP Target Price Odds Analysis

Based on a normal probability distribution, the odds of SSGA SP jumping above the current price in 90 days from now is about 12.89%. The SSGA SP 500 probability density function shows the probability of SSGA SP mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.0826. This usually implies SSGA SP 500 market returns are sensitive to returns on the market. As the market goes up or down, SSGA SP is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. SSGA SP 500 is significantly underperforming NYSE Composite.
  Odds Below 228.9HorizonTargetOdds Above 228.9
86.95%90 days
 228.90 
12.89%
Based on a normal probability distribution, the odds of SSGA SP to move above the current price in 90 days from now is about 12.89 (This SSGA SP 500 probability density function shows the probability of SVSPX Mutual Fund to fall within a particular range of prices over 90 days) .

SSGA SP 500 Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SSGA SP market risk premium is the additional return an investor will receive from holding SSGA SP 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 SSGA SP. 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 SSGA SP's alpha and beta are two of the key measurements used to evaluate SSGA SP's performance over the market, the standard measures of volatility play an important role as well.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SSGA SP 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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Invested in SSGA SP 500?

The danger of trading SSGA SP 500 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 SSGA SP 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 SSGA SP. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SSGA SP 500 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.
Additionally, take a look at World Market Map. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for 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.
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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.