SVSPX Mutual Fund Manager Performance Evaluation

SVSPX
 Fund
  

USD 228.90  4.18  1.79%   

The entity has a beta of 1.0802, which indicates a somewhat significant risk relative to the market. Let's try to break down what SVSPX's beta means in this case. SSGA SP returns are very sensitive to returns on the market. As the market goes up or down, SSGA SP is expected to follow. Although it is important to respect SSGA SP 500 current price movements, it is better to be realistic regarding the information on the equity's historical returns. The approach 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 examining SSGA SP 500 technical indicators, you can now evaluate if the expected return of 0.0276% will be sustainable into the future.
  
SVSPX Performance
1 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in SSGA SP 500 are ranked lower than 1 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, SSGA SP is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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SVSPX Price Channel

Fifty Two Week Low204.22
Fifty Two Week High298.99
Annual Report Expense Ratio0.16%

SSGA SP Relative Risk vs. Return Landscape

If you would invest  22,693  in SSGA SP 500 on September 7, 2022 and sell it today you would earn a total of  197.00  from holding SSGA SP 500 or generate 0.87% return on investment over 90 days. SSGA SP 500 is currently producing 0.0276% returns and takes up 1.6829% volatility of returns over 90 trading days. Put another way, 14% of traded mutual funds are less volatile than SVSPX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days horizon SSGA SP is expected to generate 3.83 times less return on investment than the market. In addition to that, the company is 1.11 times more volatile than its market benchmark. It trades about 0.02 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.07 per unit of volatility.

SSGA SP Current Valuation

Fairly Valued
Today 228.90
Please note that SSGA SP's price fluctuation is very steady at this time.
SSGA SP 500 has a current Real Value of $227.76 per share. The regular price of the fund is $228.9. At this time, the fund appears to be fairly valued. We determine the value of SSGA SP 500 from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point future time, mutual fund prices and their ongoing real values will draw towards each other.
Our valuation method for SSGA SP 500 is useful when determining the fair value of the SVSPX mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of SSGA SP. Since SSGA SP is currently traded on the exchange, buyers and sellers on that exchange determine the market value of SVSPX Mutual Fund. However, SSGA SP's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
226.08
Downside
227.76
Real Value
229.44
Upside
Estimating the potential upside or downside of SSGA SP 500 helps investors to forecast how SVSPX mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of SSGA SP more accurately as focusing exclusively on SSGA SP's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
200.73218.17235.60
Details
Hype
Prediction
LowEstimated ValueHigh
227.22228.90230.58
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
12.3513.7315.12
Details

SSGA SP Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for SSGA SP's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as SSGA SP 500, and traders can use it to determine the average amount a SSGA SP's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0164

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Negative ReturnsSVSPX
Estimated Market Risk
 1.68
  actual daily
 
 14 %
of total potential
 
1414
Expected Return
 0.03
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 0.02
  actual daily
 
 1 %
of total potential
 
11
Based on monthly moving average SSGA SP is performing at about 1% 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 SP by adding it to a well-diversified portfolio.

About SSGA SP Performance

To evaluate SSGA SP 500 Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when SSGA SP generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare SVSPX Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand SSGA SP 500 market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents SVSPX's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The adviser uses an index tracking management strategy designed to track the performance of the SP 500 Index . SSGA SP is traded on NASDAQ Exchange in the United States.

Things to note about SSGA SP 500

Checking the ongoing alerts about SSGA SP for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for SSGA SP 500 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

SSGA SP Alerts

Equity Alerts and Improvement Suggestions

The fund maintains 98.77% of its assets in stocks
Additionally, take a look at World Market Map. You can also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for analysis

When running SSGA SP 500 price analysis, check to measure SSGA SP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SSGA SP is operating at the current time. Most of SSGA SP's value examination focuses on studying past and present price action to predict the probability of SSGA SP's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SSGA SP's price. Additionally, you may evaluate how the addition of SSGA SP to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between SSGA SP's value and its price as these two are different measures arrived at by different means. Investors typically determine SSGA SP value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSGA SP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.