State Street Probability of Target Price Finishing Over Current Price

SSHAX -- USA Fund  

USD 12.95  0.01  0.08%

State Street probability of target price tool provides mechanism to make assumptions about upside and downside potential of State Street Global Managed Vol performance during a given time horizon utilizing its historical volatility. Please specify State Street time horizon, a valid symbol (red box) and a target price (blue box) you would like State Street odds to be computed. Also please take a look at State Street Backtesting, Portfolio Optimization, State Street Correlation, State Street Hype Analysis, State Street Volatility, State Street History as well as State Street Performance.
Horizon     30 Days    Login   to change
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State Street Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 12.95 30 days 12.95  ABOUT 34.27%
Based on normal probability distribution, the odds of State Street to move above current price in 30 days from now is about 34.27% (This State Street Global Managed Vol probability density function shows the probability of State Street Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, State Street has beta of 0.1588 . This entails as returns on market go up, State Street average returns are expected to increase less than the benchmark. However during bear market, the loss on holding State Street Global Managed Vol will be expected to be much smaller as well. Additionally State Street Global Managed Vol has an alpha of 0.0041 implying that it can potentially generate 0.0041% excess return over DOW after adjusting for the inherited market risk (beta).
 State Street Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.004094
β
Beta against DOW=0.16
σ
Overall volatility
=4.52
Ir
Information ratio =0.27

Current Sentiment - SSHAX

State Street Global Investor Sentiment

Macroaxis portfolio users are evenly split in their outlook on investing in State Street Global Managed Vol. What is your outlook on investing in State Street Global Managed Vol? Are you bullish or bearish?
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Price Density Drivers

State Street Health Indicators

Also please take a look at State Street Backtesting, Portfolio Optimization, State Street Correlation, State Street Hype Analysis, State Street Volatility, State Street History as well as State Street Performance. Please also try Equity Valuation module to check real value of public entities based on technical and fundamental data.
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