The entity has beta of -0.0015 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. 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
Risk-Adjusted Fund PerformanceOver 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 Low||11.72|
|Fifty Two Week High||13.61|
|Annual Report Expense Ratio||0.17%|
|Horizon||30 Days Login to change|
State Street Emerging Relative Risk vs. Return LandscapeIf you would invest 1,327 in State Street Emerging Markets E on September 22, 2019 and sell it today you would lose (27.00) from holding State Street Emerging Markets E or give up 2.03% of portfolio value over 30 days. State Street Emerging Markets E is currently producing negative expected returns and takes up 0.9268% volatility of returns over 30 trading days. Put another way, 8% 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 (%)
State Street Current Valuation
October 22, 2019
State Street is not too volatile asset. State Street Emerging has current Real Value of $14.01 per share. The regular price of the fund is $12.95. At this time the fund appears to be undervalued. 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 = -0.0301
State Street Relative Performance Indicators
Estimated Market Risk