SVSPX Mutual Fund Manager Performance Evaluation

SVSPX -  USA Fund  

USD 283.19  2.09  0.74%

The entity has a beta of 0.917, which indicates possible diversification benefits within a given portfolio. 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 extremely important to respect SSGA SP 500 current price movements, it is better to be realistic regarding the information on equity 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 0.0827% will be sustainable into the future.

SVSPX Mutual Fund Performance 

 
Refresh
 SVSPX Performance
8 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in SSGA SP 500 are ranked lower than 8 (%) 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.
Fifty Two Week Low233.19
Fifty Two Week High287.83
Annual Report Expense Ratio0.16%

SSGA SP Relative Risk vs. Return Landscape

If you would invest  26,884  in SSGA SP 500 on July 19, 2021 and sell it today you would earn a total of  1,435  from holding SSGA SP 500 or generate 5.34% return on investment over 90 days. SSGA SP 500 is currently producing 0.0827% returns and takes up 0.7359% volatility of returns over 90 trading days. Put another way, 6% 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 1.0 times more return on investment than the market. However, the company is 1.0 times more volatile than its market benchmark. It trades about 0.11 of its potential returns per unit of risk. The DOW is currently generating roughly 0.08 per unit of risk.

SSGA SP Current Valuation

Overvalued
Today
283.19
17th of October 2021
Share
Please note that SSGA SP's price fluctuation is very steady at this time.
SSGA SP 500 has a current Real Value of $259.12 per share. The regular price of the fund is $283.19. At this time, the fund appears to be overvalued. 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 stocks and dropping overvalued stocks since, at some point future time, stock 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.
257.92
Downside
259.12
Real Value
311.51
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
277.02280.91288.70
Details
Hype
Prediction
LowEstimated ValueHigh
282.16283.36284.56
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
12.5613.3114.07
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 = 0.1124

Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSVSPXAverage
Risk
High
Risk
Huge
Risk
Negative Returns
Estimated Market Risk
 0.74
  actual daily
 
 6 %
of total potential
 
66
Expected Return
 0.08
  actual daily
 
 1 %
of total potential
 
11
Risk-Adjusted Return
 0.11
  actual daily
 
 8 %
of total potential
 
88
Based on monthly moving average SSGA SP is performing at about 8% 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 stock market performance in a much more refined way. At Macroaxis, we take it even further. 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 investment seeks to replicate as closely as possible, before expenses, the performance of the Standard Poors 500 Index. The adviser uses an index tracking management strategy designed to track the performance of the SP 500 Index . The index is a well-known stock market index that includes common stocks of 500 companies from a number of sectors and that measures the performance of the large-cap sector of the U.S. equities market.

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. Our stock 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

SSGA SP 500 is unlikely to experience financial distress in the next 2 years
The fund maintains 98.76% of its assets in stocks
Additionally, take a look at World Market Map. Note that the SSGA SP 500 information on this page should be used as a complementary analysis to other SSGA SP's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for SVSPX Mutual Fund 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.
CEO Directory
Screen CEOs from public companies around the world
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Fund Screener
Find activelly-traded funds from around the world traded on over 30 global exchanges
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
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.