State Street Manager Performance Evaluation

SSKEX -- USA Fund  

USD 12.42  0.40  3.12%

The entity has beta of 0.5078, 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 Emerging 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 Emerging Markets E exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Risk-Adjusted Fund Performance

Over the last 30 days State Street Emerging Markets E has generated negative risk-adjusted returns adding no value to fund investors. Inspite fairly strong basic indicators, State Street is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
Fifty Two Week Low12.02
Fifty Two Week High14.14
Annual Report Expense Ratio0.17%

State Street Emerging Relative Risk vs. Return Landscape

If you would invest  1,315  in State Street Emerging Markets E on January 28, 2020 and sell it today you would lose (73.00)  from holding State Street Emerging Markets E or give up 5.55% of portfolio value over 30 days. State Street Emerging Markets E is currently producing negative expected returns and takes up 1.4098% volatility of returns over 30 trading days. Put another way, 12% 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 is expected to under-perform the market. In addition to that, the company is 1.39 times more volatile than its market benchmark. It trades about -0.06 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.06 per unit of volatility.

State Street Current Valuation

Fairly Valued
February 27, 2020
Real Value
State Street is somewhat reliable asset. State Street Emerging has current Real Value of $12.64 per share. The regular price of the fund is $12.42. At this time the fund appears to be fairly valued. We determine the value of State Street Emerging 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.

State Street Market Risk Analysis

Sharpe Ratio = -0.0604
Good Returns
Average Returns
Small Returns
Negative ReturnsSSKEX

State Street Performance Indicators

Estimated Market Risk
  actual daily
 12 %
of total potential
Expected Return
  actual daily
 0 %
of total potential
Risk-Adjusted Return
  actual daily
 0 %
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 Alerts

Equity Alerts and Improvement Suggestions

State Street generates negative expected return over the last 30 days
The fund maintains 97.97% of its assets in stocks
Additionally, take a look at World Market Map. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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