State Street Manager Performance Evaluation

SSHAX -- USA Fund  

USD 12.45  0.04  0.32%

The entity has beta of 0.5708 which indicates as returns on market increase, State Street returns are expected to increase less than the market. However during bear market, the loss on holding State Street will be expected to be smaller as well.. Even though it is essential to pay attention to State Street Global current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. State Street Global Managed Vol exposes twenty-one different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

State Street Global Relative Risk vs. Return Landscape

If you would invest  1,248  in State Street Global Managed Vol on October 20, 2018 and sell it today you would lose (3.00)  from holding State Street Global Managed Vol or give up 0.24% of portfolio value over 30 days. State Street Global Managed Vol is currently producing negative expected returns and takes up 0.7755% volatility of returns over 30 trading days. Put another way, 7% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, State Street Global Managed Vol is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.57 times less risky than the market. the firm trades about -0.01 of its potential returns per unit of risk. The DOW is currently generating roughly 0.01 of returns per unit of risk over similar time horizon.

State Street Market Risk Analysis

Sharpe Ratio = -0.0111
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State Street Relative Performance Indicators

Estimated Market Risk
 0.78
  actual daily
 
 93 %
of total potential
  
Expected Return
 -0.01
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.01
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average State Street is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of State Street by adding it to a well-diversified portfolio.

State Street Performance Rating

State Street Global Managed Vol Risk Adjusted Performance Analysis

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Risk-Adjusted Fund Performance

Over the last 30 days State Street Global Managed Vol has generated negative risk-adjusted returns adding no value to fund investors.

State Street Alerts

Equity Alerts and Improvement Suggestions

State Street Global generates negative expected return over the last 30 days
Also please take a look at World Market Map. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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