State Street Aggregate Fund Quote
| SSAFX Fund | USD 85.96 0.26 0.30% |
Performance0 of 100
| Odds Of DistressLess than 22
|
State Street is trading at 85.96 as of the 19th of April 2024; that is -0.3 percent down since the beginning of the trading day. The fund's open price was 86.22. State Street has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for State Street Aggregate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of February 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund invests substantially all, but at least 80, of its net assets in securities comprising the index or in securities that the Adviser determines have economic characteristics that are comparable to the economic characteristics of securities that comprise the index. More on State Street Aggregate
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 Concentration | State Street Global Advisors Funds, Large Funds, Intermediate Core Bond Funds, Intermediate Core Bond, State Street Global Advisors (View all Sectors) |
| Update Date | 31st of March 2024 |
State Street Aggregate [SSAFX] is traded in USA and was established 19th of April 2024. State Street is listed under State Street Global Advisors category by Fama And French industry classification. The fund is listed under Intermediate Core Bond category and is part of State Street Global Advisors family. This fund at this time has accumulated 513.76 M in assets with no minimum investment requirementsState Street Aggregate is currently producing year-to-date (YTD) return of 5.61% with the current yeild of 0.01%, while the total return for the last 3 years was -3.25%.
Check State Street Probability Of Bankruptcy
Instrument Allocation
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 close to 99%. The State Street Aggregate 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 has a beta of 0.2592. This usually implies as returns on the market go up, State Street average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding State Street Aggregate will be expected to be much smaller as well. Additionally, state Street Aggregate has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of State Street to move above the current price in 90 days from now is close to 99 (This State Street Aggregate probability density function shows the probability of State Mutual Fund to fall within a particular range of prices over 90 days) .
State Street Top Holders
| SSDDX | State Street Target | Mutual Fund | Target-Date 2045 |
| SSCJX | State Street Target | Mutual Fund | Target-Date 2035 |
| SSBYX | State Street Target | Mutual Fund | Target-Date 2030 |
| SSFEX | State Street Aggregate | Mutual Fund | Intermediate Core Bond |
| SSBSX | State Street Target | Mutual Fund | Target-Date 2025 |
| SSCKX | State Street Target | Mutual Fund | Target-Date 2035 |
| SSFNX | State Street Target | Mutual Fund | Target-Date Retirement |
State Street Aggregate 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.
| Mean Deviation | 0.2883 | |||
| Standard Deviation | 0.3714 | |||
| Variance | 0.1379 | |||
| Risk Adjusted Performance | (0.06) |
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 Aggregate at a given time. Please also check how State Street's historical prices are related to one of the top price index indicators.
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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 Aggregate 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 Aggregate 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 Aggregate, 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 Aggregate?
The danger of trading State Street Aggregate 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 Aggregate 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 Aggregate. 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 census. Note that the State Street Aggregate 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.