SSgA High Manager Performance Evaluation

SSHKX -- 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.
Horizon     30 Days    Login   to change

SSgA High Yield Relative Risk vs. Return Landscape

If you would invest  735.00  in SSgA High Yield Bond K on October 15, 2018 and sell it today you would earn a total of  0.00  from holding SSgA High Yield Bond K or generate 0.0% return on investment over 30 days. SSgA High Yield Bond K 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 (%) 
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SSgA High Current Valuation

Not valued
November 14, 2018
Market Value
Real Value
Target Odds
SSgA High is Unknown risk asset. SSgA High Yield current Real Value cannot be determined due to lack of data. The regular price of SSgA High Yield is $7.35. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of SSgA High Yield from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to buy undervalued stocks and to dispose of overvalued stocks since at some point securities prices and their ongoing real values will draw towards each other.

SSgA High Market Risk Analysis

Sharpe Ratio = 0.0
Good Returns
Average Returns
Small Returns
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 portfolio.

SSgA High Performance Rating

SSgA High Yield Bond K Risk Adjusted Performance Analysis


Risk-Adjusted Fund Performance

Over the last 30 days SSgA High Yield Bond K has generated negative risk-adjusted returns adding no value to fund investors.

SSgA High Alerts

Equity Alerts and Improvement Suggestions

SSgA High Yield is not yet fully synchronised with the market data
SSgA High Yield generates negative expected return over the last 30 days
The fund maintains about 99.07% of its assets in bonds
Also please take a look at World Market Map. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.