|SSHJX -- USA Fund|| |
USD 7.35 0.00 0.00%
The entity has beta of 0.0 which indicates the returns on MARKET and SSgA High are completely uncorrelated. Although it is extremely important to respect SSgA High Yield
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 SSgA High Yield technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
SSgA High Yield Relative Risk vs. Return Landscape
If you would invest 735.00
in SSgA High Yield Bond I on August 27, 2018
and sell it today you would earn a total of 0.00
from holding SSgA High Yield Bond I or generate 0.0%
return on investment over 30
days. SSgA High Yield Bond I is currently producing negative expected returns and takes up 0.0% volatility of returns over 30 trading days. Put another way, 0% 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 (%)
SSgA High Current Valuation
September 26, 2018
SSgA High Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average SSgA High 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 SSgA High
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days SSgA High Yield Bond I has generated negative risk-adjusted returns adding no value to fund investors.
|SSgA High Yield generates negative expected return over the last 30 days|
|The fund maintains about 99.07% of its assets in bonds|
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