State Street Corp Stock Alpha and Beta Analysis
| STT Stock | USD 74.29 0.10 0.13% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as State Street Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in State Street over a specified time horizon. Remember, high State Street's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to State Street's market risk premium analysis include:
Beta 0.83 | Alpha (0.09) | Risk 1.19 | Sharpe Ratio 0.0109 | Expected Return 0.013 |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
State |
State Street Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible 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. Alpha and beta are two of the key measurements used to evaluate State Street's performance over market.| α | -0.09 | β | 0.83 |
State Street expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of State Street's Buy-and-hold return. Our buy-and-hold chart shows how State Street performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.State Street Market Price Analysis
Market price analysis indicators help investors to evaluate how State Street stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading State Street shares will generate the highest return on investment. By understating and applying State Street stock market price indicators, traders can identify State Street position entry and exit signals to maximize returns.
State Street Return and Market Media
The median price of State Street for the period between Thu, Jan 25, 2024 and Wed, Apr 24, 2024 is 73.07 with a coefficient of variation of 2.39. The daily time series for the period is distributed with a sample standard deviation of 1.76, arithmetic mean of 73.46, and mean deviation of 1.44. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Trailing SP500 By 14 percent YTD, What To Expect From State Street Stock | 03/22/2024 |
2 | U.S. regulators probe role of asset managers in banks - WSJ | 04/02/2024 |
3 | Stay Ahead of the Game With State Street Q1 Earnings Wall Streets Insights on Key Metrics | 04/09/2024 |
| State Street dividend paid on 11th of April 2024 | 04/11/2024 |
4 | State Street stock rises after Q1 earnings, revenue surpass estimates | 04/12/2024 |
5 | Jefferies maintains Buy on State Street stock, highlights strong Q1 | 04/15/2024 |
6 | State Street Corporation Q1 2024 Earnings Call Transcript | 04/16/2024 |
7 | Hancock Whitney Q1 Earnings Beat on Fee Income Growth | 04/17/2024 |
8 | Dow Jones bounces up amid strong US data and hawkish Fed comments | 04/18/2024 |
9 | Huntington Q1 Earnings Revenues Beat, Costs Rise YY | 04/19/2024 |
About State Street Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including State or other stocks. Alpha measures the amount that position in State Street Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0264 | 0.0343 | 0.0388 | 0.0408 | Price To Sales Ratio | 2.73 | 2.33 | 2.09 | 3.2 |
State Street Upcoming Company Events
As portrayed in its financial statements, the presentation of State Street's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, State Street's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of State Street's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of State Street. Please utilize our Beneish M Score to check the likelihood of State Street's management manipulating its earnings.
| 15th of April 2024 Upcoming Quarterly Report | View | |
| 12th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 17th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Build Portfolio with State Street
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Align your risk with return expectations
Check out State Street Backtesting, State Street Valuation, State Street Correlation, State Street Hype Analysis, State Street Volatility, State Street History and analyze State Street Performance. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for State 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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State Street technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.