State Street Manager Performance Evaluation

SSHAX -- USA Fund  

USD 13.09  0.02  0.15%

The entity has beta of -0.207 which indicates as returns on market increase, returns on owning State Street are expected to decrease at a much smaller rate. During bear market, State Street is likely to outperform the market.. Although it is extremely important to respect State Street Global current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By inspecting State Street Global technical indicators you can presently evaluate if the expected return of 0.0691% will be sustainable into the future.
Horizon     30 Days    Login   to change

State Street Global Relative Risk vs. Return Landscape

If you would invest  1,294  in State Street Global Managed Vol on August 25, 2018 and sell it today you would earn a total of  17.00  from holding State Street Global Managed Vol or generate 1.31% return on investment over 30 days. State Street Global Managed Vol is currently producing 0.0691% returns and takes up 0.296% volatility of returns over 30 trading days. Put another way, 2% 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 generate 1.47 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.45 times less risky than the market. It trades about 0.23 of its potential returns per unit of risk. The DOW is currently generating roughly 0.24 of returns per unit of risk over similar time horizon.

State Street Market Risk Analysis

Sharpe Ratio = 0.2336
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State Street Relative Performance Indicators

Estimated Market Risk
 0.3
  actual daily
 
 98 %
of total potential
  
Expected Return
 0.07
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 0.23
  actual daily
 
 15 %
of total potential
  
Based on monthly moving average State Street is performing at about 15% 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

15 

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in State Street Global Managed Vol are ranked lower than 15 (%) of all funds and portfolios of funds over the last 30 days.
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