# SVSPX Mutual Fund Volatility

SVSPX | - USA Fund | ## USD 248.83 3.07 1.22% |

SSGA SP 500 owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the fund had -0.13% of return per unit of volatility over the last 3 months. Macroaxis approach towards measuring the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. SSGA SP 500 exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate SSGA SP coefficient of variation of (844.12), and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.

## SVSPX Volatility | SVSPX |

SSGA SP Mutual Fund volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of SVSPX daily returns, and it is calculated using variance and standard deviation. We also use SVSPX's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of SSGA SP volatility.

### 30 Days Market Risk

### Chance of Distress

### 30 Days Economic Sensitivity

Since volatility provides investors with entry points to take advantage of stock prices, companies, such as SSGA SP can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of SSGA SP at lower prices. For example, an investor can purchase SVSPX stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of SSGA SP's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.

## SSGA SP Market Sensitivity And Downside Risk

SSGA SP's beta coefficient measures the volatility of SVSPX mutual fund compared to the systematic risk of the entire stock market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents SVSPX mutual fund's returns against your selected market. In other words, SSGA SP's beta of 1.27 provides an investor with an approximation of how much risk SSGA SP mutual fund can potentially add to one of your existing portfolios.

Let's try to break down what SVSPX's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SSGA SP will likely underperform. 3 Months Beta |Analyze SSGA SP 500 Demand TrendCheck current 90 days SSGA SP correlation with market (DOW)

SVSPX standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.

## SVSPX Beta |

## Standard Deviation | 1.79 |

It is essential to understand the difference between upside risk (as represented by SSGA SP's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of SSGA SP stock's daily returns or price. Since the actual investment returns on holding a position in SSGA SP stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in SSGA SP.

## SSGA SP 500 Mutual Fund Volatility Analysis

Volatility refers to the frequency at which SSGA SP stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with SSGA SP's price changes. Investors will then calculate the volatility of SSGA SP's stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of SSGA SP's volatility:### Historical Volatility

This type of stock volatility measures SSGA SP's fluctuations based on previous trends. It's commonly used to predict SSGA SP's future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.### Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for SSGA SP's current market price. This means that the stock will return to its initially predicted market price.Transformation |

The output start index for this execution was zero with a total number of output elements of sixty-one. SSGA SP 500 Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

## SSGA SP Projected Return Density Against Market

Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.2747 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, SSGA SP will likely underperform.

SSGA SP's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how SSGA SP stock's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point. Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to SSGA SP or State Street Global Advisors sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that SSGA SP stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a SVSPX stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.

The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. SSGA SP 500 is significantly underperforming DOW. Predicted Return Density |

Returns |

## What Drives a Company's Stock Price Volatility?

Several factors can influence a company's stock volatility:### Industry

Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.### Political and Economic environment

When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.### The Company's Performance

Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.## SSGA SP Mutual Fund Risk Measures

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to SSGA SP or State Street Global Advisors sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that SSGA SP stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a SVSPX stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.

Assuming the 90 days horizon the coefficient of variation of SSGA SP is -756.88. The daily returns are distributed with a variance of 3.2 and standard deviation of 1.79. The mean deviation of SSGA SP 500 is currently at 0.93. For similar time horizon, the selected benchmark (DOW) has volatility of 0.83

α | Alpha over DOW | -0.14 | |

β | Beta against DOW | 1.27 | |

σ | Overall volatility | 1.79 | |

Ir | Information ratio | -0.09 |

## SSGA SP Mutual Fund Return Volatility

SSGA SP historical daily return volatility represents how much SSGA SP stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The fund shows 1.7884% volatility of returns over 90 . By contrast, DOW inherits 0.8439% risk (volatility on return distribution) over the 90 days horizon.

Performance (%) |

Timeline |

## About SSGA SP Volatility

Volatility is a rate at which the price of SSGA SP or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of SSGA SP may increase or decrease. In other words, similar to SVSPX's beta indicator, it measures the risk of SSGA SP and helps estimate the fluctuations that may happen in a short period of time. So if prices of SSGA SP fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.

Please read more on our technical analysis page.The investment seeks to replicate as closely as possible, before expenses, the performance of the Standard Poors 500 Index. SSGA SP is traded on NASDAQ Exchange in the United States.## SSGA SP Investment Opportunity

SSGA SP 500 has a volatility of 1.79 and is 2.13 times more volatile than DOW.

**15**of all equities and portfolios are less risky than SSGA SP. Compared to the overall equity markets, volatility of historical daily returns of SSGA SP 500 is lower than**15 ()**of all global equities and portfolios over the last 90 days. Use SSGA SP 500 to protect your portfolios against small market fluctuations. The mutual fund experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of SSGA SP to be traded at $241.37 in 90 days. . Let's try to break down what SVSPX's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SSGA SP will likely underperform.### Poor diversification

The correlation between SSGA SP 500 and DJI is

**Poor diversification**for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SSGA SP 500 and DJI in the same portfolio assuming nothing else is changed.## SSGA SP Additional Risk Indicators

The analysis of SSGA SP's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in SSGA SP's investment and either accepting that risk or mitigating it. Along with some common measures of SSGA SP stock risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.

Risk Adjusted Performance | (0.09) | |||

Market Risk Adjusted Performance | (0.16) | |||

Mean Deviation | 0.9077 | |||

Coefficient Of Variation | (844.12) | |||

Standard Deviation | 1.74 | |||

Variance | 3.03 | |||

Information Ratio | (0.09) |

Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

## SSGA SP Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.

The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against SSGA SP as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. SSGA SP's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, SSGA SP's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to SSGA SP 500.

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 Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

## 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.

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