State Street Hedged Fund Buy Hold or Sell Recommendation

SSHQX Fund  USD 120.81  0.40  0.33%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding State Street Hedged is 'Hold'. Macroaxis provides State Street buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SSHQX positions. The advice algorithm takes into account all of State Street's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting State Street's buy or sell advice are summarized below:
Real Value
124.79
Hype Value
120.41
Market Value
120.81
Naive Value
121.12
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell State Street Hedged given historical horizon and risk tolerance towards State Street. When Macroaxis issues a 'buy' or 'sell' recommendation for State Street Hedged, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out State Street Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual funds such as State and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards State Street Hedged. 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 producer price index.

Execute State Street Buy or Sell Advice

The State recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on State Street Hedged. Macroaxis does not own or have any residual interests in State Street Hedged or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute State Street's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell State StreetBuy State Street
Hold

Market Performance

StrongDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon State Street Hedged has a Risk Adjusted Performance of 0.1234, Jensen Alpha of 0.1572, Total Risk Alpha of (0.02), Sortino Ratio of 0.0425 and Treynor Ratio of 6.01
Macroaxis provides recommendation on State Street Hedged to complement and cross-verify current analyst consensus on State Street Hedged. Our trade recommendation engine determines the fund's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. Please use State Street Hedged annual yield and last dividend paid to make buy, hold, or sell decision on State Street.

State Street Trading Alerts and Improvement Suggestions

The fund maintains about 59.12% of its assets in cash

State Street Returns Distribution Density

The distribution of State Street's historical returns is an attempt to chart the uncertainty of State Street's future price movements. The chart of the probability distribution of State Street daily returns describes the distribution of returns around its average expected value. We use State Street Hedged price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of State Street returns is essential to provide solid investment advice for State Street.
Mean Return
0.17
Value At Risk
-0.79
Potential Upside
0.83
Standard Deviation
0.79
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of State Street historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

State Street Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to State Street or State Street Global Advisors sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that State Street's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a State fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.16
β
Beta against NYSE Composite0.03
σ
Overall volatility
0.44
Ir
Information ratio 0.05

State Street Volatility Alert

State Street Hedged has low volatility with Treynor Ratio of 6.01, Maximum Drawdown of 7.51 and kurtosis of 14.73. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure State Street's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact State Street's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

State Street Fundamentals Vs Peers

Comparing State Street's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze State Street's direct or indirect competition across all of the common fundamentals between State Street and the related equities. This way, we can detect undervalued stocks with similar characteristics as State Street or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of State Street's fundamental indicators could also be used in its relative valuation, which is a method of valuing State Street by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare State Street to competition
FundamentalsState StreetPeer Average
Annual Yield0.09 %0.29 %
Year To Date Return10.15 %0.39 %
One Year Return26.05 %4.15 %
Three Year Return11.86 %3.60 %
Five Year Return11.74 %3.24 %
Net Asset3.33 B4.11 B
Last Dividend Paid2.130.65
Cash Position Weight59.12 %10.61 %
Equity Positions Weight40.84 %63.90 %

State Street Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as State . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About State Street Buy or Sell Advice

When is the right time to buy or sell State Street Hedged? Buying financial instruments such as State Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having State Street 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 Aircraft Thematic Idea Now

Aircraft
Aircraft Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Aircraft theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Aircraft Theme or any other thematic opportunities.
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Check out State Street Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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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.