State Street Corp Stock Technical Analysis
STT Stock | USD 77.19 0.31 0.40% |
As of the 28th of March, State Street has the Risk Adjusted Performance of 0.0134, coefficient of variation of 6476.95, and Semi Deviation of 1.13. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of State Street Corp, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for State Street Corp, which can be compared to its competition. Please validate State Street Corp mean deviation, information ratio, as well as the relationship between the Information Ratio and downside variance to decide if State Street is priced more or less accurately, providing market reflects its prevalent price of 77.19 per share. Given that State Street Corp has jensen alpha of (0.12), we advise you to double-check State Street Corp's current market performance to make sure the company can sustain itself at a future point.
State Street Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as State, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to StateState |
State Street Analyst Consensus
Target Price | Advice | # of Analysts | |
75.14 | Buy | 18 | Odds |
Most State analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand State stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of State Street Corp, talking to its executives and customers, or listening to State conference calls.
State Street technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
State Street Corp Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of State Street Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
State Street Corp Trend Analysis
Use this graph to draw trend lines for State Street Corp. You can use it to identify possible trend reversals for State Street as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual State Street price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.State Street Best Fit Change Line
The following chart estimates an ordinary least squares regression model for State Street Corp applied against its price change over selected period. The best fit line has a slop of 0.04 , which may imply that the returns on investment in State Street Corp will continue to fail. It has 122 observation points and a regression sum of squares at 73.65, which is the sum of squared deviations for the predicted State Street price change compared to its average price change.About State Street Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of State Street Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of State Street Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on State Street Corp price pattern first instead of the macroeconomic environment surrounding State Street Corp. By analyzing State Street's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of State Street's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to State Street specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Price To Sales Ratio | 2.73 | 2.33 | 2.09 | 3.2 | Price Earnings Ratio | 12.18 | 10.21 | 12.84 | 16.94 |
State Street March 28, 2024 Technical Indicators
Most technical analysis of State help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for State from various momentum indicators to cycle indicators. When you analyze State charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0134 | |||
Market Risk Adjusted Performance | 0.0164 | |||
Mean Deviation | 0.818 | |||
Semi Deviation | 1.13 | |||
Downside Deviation | 1.18 | |||
Coefficient Of Variation | 6476.95 | |||
Standard Deviation | 1.07 | |||
Variance | 1.15 | |||
Information Ratio | (0.11) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.23) | |||
Sortino Ratio | (0.1) | |||
Treynor Ratio | 0.0064 | |||
Maximum Drawdown | 5.47 | |||
Value At Risk | (1.56) | |||
Potential Upside | 1.65 | |||
Downside Variance | 1.4 | |||
Semi Variance | 1.29 | |||
Expected Short fall | (0.77) | |||
Skewness | (0.24) | |||
Kurtosis | 1.04 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in State Street Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for State Stock analysis
When running State Street's price analysis, check to measure State Street'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 State Street is operating at the current time. Most of State Street's value examination focuses on studying past and present price action to predict the probability of State Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move State Street's price. Additionally, you may evaluate how the addition of State Street to your portfolios can decrease your overall portfolio volatility.
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Is State Street's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of State Street. If investors know State will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about State Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.71) | Dividend Share 2.64 | Earnings Share 5.58 | Revenue Per Share 36.915 | Quarterly Revenue Growth (0.04) |
The market value of State Street Corp is measured differently than its book value, which is the value of State that is recorded on the company's balance sheet. Investors also form their own opinion of State Street's value that differs from its market value or its book value, called intrinsic value, which is State Street's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because State Street's market value can be influenced by many factors that don't directly affect State Street's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between State Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if State Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, State Street'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.