State Street Competition

SSEYX Fund

USD 553.62 3.18 0.58%

State Street Equity competes with State Street, Ssga International, State Street, State Street, and State Street; as well as few others. The fund is listed under Large Blend category and is part of State Street Global Advisors family. Analyzing State Street competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of State Street to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out State Street Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of State Street competition on your existing holdings.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of State Street's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.

Hype

Prediction

Low	Estimated	High
549.93	550.71	551.49

Details

Intrinsic

Valuation

Low	Real	High
497.37	498.15	605.48

Details

State Street Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between State Street and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of State and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of State Street Equity does not affect the price movement of the other competitor.

	SSAJX	SSAIX	SSADX	SSAOX	SSBWX	SSCKX	SSCNX	SSCJX	SSAZX
SSAJX		0.19	0.93	0.86	0.88	0.88	0.88	0.88	1.0	SSAJX
SSAIX	0.19		0.38	0.13	0.27	0.24	0.18	0.25	0.17	SSAIX
SSADX	0.93	0.38		0.74	0.84	0.81	0.78	0.81	0.91	SSADX
SSAOX	0.86	0.13	0.74		0.97	0.99	1.0	0.99	0.87	SSAOX
SSBWX	0.88	0.27	0.84	0.97		1.0	0.99	1.0	0.88	SSBWX
SSCKX	0.88	0.24	0.81	0.99	1.0		1.0	1.0	0.88	SSCKX
SSCNX	0.88	0.18	0.78	1.0	0.99	1.0		0.99	0.88	SSCNX
SSCJX	0.88	0.25	0.81	0.99	1.0	1.0	0.99		0.87	SSCJX
SSAZX	1.0	0.17	0.91	0.87	0.88	0.88	0.88	0.87		SSAZX
	SSAJX	SSAIX	SSADX	SSAOX	SSBWX	SSCKX	SSCNX	SSCJX	SSAZX

Click cells to compare fundamentals

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Risk-Adjusted Indicators

There is a big difference between State Mutual Fund performing well and State Street Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze State Street's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
SSAJX	0.35	0.02	(0.20)	1.08	0.41	(0.38)	0.72	(0.86)	2.04
SSAIX	0.59	(0.12)	0.00	(0.19)	0.00	0.00	0.96	(1.46)	3.53
SSADX	0.22	0.00	(0.37)	0.29	0.23	(0.25)	0.44	(0.52)	1.32
SSAOX	0.46	(0.04)	(0.14)	0.05	0.57	(0.49)	0.89	(0.95)	2.56
SSBWX	0.34	(0.03)	(0.21)	0.04	0.40	(0.37)	0.65	(0.79)	1.89
SSCKX	0.39	(0.04)	(0.18)	0.04	0.47	(0.42)	0.81	(0.93)	2.18
SSCNX	0.43	(0.04)	(0.15)	0.05	0.53	(0.45)	0.80	(0.92)	2.42
SSCJX	0.40	(0.04)	(0.17)	0.04	0.49	(0.41)	0.75	(0.94)	2.13
SSAZX	0.40	0.02	(0.17)	1.21	0.49	(0.42)	0.81	(0.94)	2.33

Unable to evaluate fundamental data of [SSAJX, SSAIX, SSADX, SSAOX, SSBWX, SSCKX, SSCNX, SSCJX, SSAZX] at this time. Please try again later

All Fundamental Data

State Street Competitive Analysis

The better you understand State Street competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, State Street's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across State Street's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	SSEYX	SSAJX	SSAIX	SSADX	SSAOX	SSBWX	SSCKX	SSCNX	SSCJX	SSAZX
	0.58 553.62 State	0.07 14.00 State	0.62 11.26 Ssga	0.09 11.54 State	0.13 15.95 State	0.07 13.94 State	0.07 14.95 State	0.07 15.19 State	0.14 14.77 State	0.13 14.89 State
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Good	Insignificant	Very Weak	Modest	Modest	Modest	Modest	Modest	Modest	Insignificant
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Sell	Hold	Cautious Hold	Strong Hold	Strong Hold	Strong Hold	Strong Hold	Strong Hold	Cautious Hold
Net Asset	2.02 B	2.7 B	143.82 M	924.32 M	2.13 B	2.44 B	858.85 M	2.11 B	2.33 B	2.58 B
Price To Book	2.53	N/A	1.31	N/A	N/A	1.97	1.96	1.95	1.88	N/A
Five Year Return	15.66	N/A	5.64	N/A	N/A	7.38	8.08	8.28	7.83	N/A
One Year Return	32.81	N/A	13.87	N/A	N/A	17.87	19.47	20.56	19.29	N/A
Last Dividend Paid	5.28	N/A	0.2	N/A	N/A	0.24	0.24	0.23	0.24	N/A
Price To Earning	18.28	N/A	13.49	N/A	N/A	17.63	17.63	17.64	17.09	N/A
Price To Sales	1.76	N/A	0.74	N/A	N/A	1.39	1.39	1.38	1.34	N/A
Cash Position Weight	3.73	N/A	0.8	N/A	N/A	2.75	3.0	3.11	3.0	N/A
Equity Positions Weight	96.27	N/A	98.76	N/A	N/A	64.2	71.4	78.39	71.4	N/A
Three Year Return	10.07	N/A	4.18	N/A	N/A	2.4	2.73	2.83	2.57	N/A
Annual Yield	0.012	0.0207	0.0522	0.0266	0.0162	0.0245	0.0232	0.0206	0.0223	0.0186
Year To Date Return	26.68	N/A	8.32	N/A	N/A	11.5	12.42	13.3	12.4	N/A
Bond Positions Weight	N/A	N/A	N/A	N/A	N/A	1.74	1.27	0.57	1.27	N/A
Ten Year Return	N/A	N/A	3.62	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Daily Balance Of Power	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)
Day Typical Price	553.62	14.0	11.26	11.54	15.95	13.94	14.95	15.19	14.77	14.89
Period Momentum Indicator	3.18	(0.01)	(0.07)	(0.01)	(0.02)	(0.01)	(0.01)	(0.01)	(0.02)	(0.02)
Rate Of Daily Change	1.01	1.0	0.99	1.0	1.0	1.0	1.0	1.0	1.0	1.0
Day Median Price	553.62	14.0	11.26	11.54	15.95	13.94	14.95	15.19	14.77	14.89
Price Action Indicator	1.59	(0.01)	(0.04)	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)
Coefficient Of Variation	765.61	1555.96	(1,158)	1576.06	1523.8	1576.0	1653.17	1545.69	1718.95	1615.03
Mean Deviation	0.5423	0.3471	0.5885	0.2188	0.4609	0.3386	0.3923	0.4256	0.397	0.4001
Jensen Alpha	(0.01)	0.0164	(0.12)	0.0045	(0.04)	(0.03)	(0.04)	(0.04)	(0.04)	0.0192
Total Risk Alpha	(0.03)	(0.05)	(0.19)	(0.04)	(0.06)	(0.05)	(0.06)	(0.06)	(0.06)	(0.06)
Sortino Ratio	(0.03)	(0.20)	N/A	(0.37)	(0.14)	(0.21)	(0.18)	(0.15)	(0.17)	(0.17)
Downside Variance	0.6855	0.2574	N/A	0.0918	0.4194	0.2309	0.3121	0.3728	0.3262	0.3265
Standard Deviation	0.7638	0.4426	0.7543	0.2777	0.5815	0.4287	0.4931	0.536	0.5012	0.5049
Kurtosis	2.07	0.2064	0.3771	0.09	0.2371	0.0686	0.0012	0.1793	0.0696	0.128
Potential Upside	1.16	0.7189	0.959	0.4386	0.8883	0.6494	0.8086	0.7958	0.7493	0.8114
Treynor Ratio	0.1081	1.08	(0.19)	0.2909	0.0478	0.0417	0.0413	0.0461	0.0393	1.21
Maximum Drawdown	3.83	2.04	3.53	1.32	2.56	1.89	2.18	2.42	2.13	2.33
Variance	0.5833	0.1959	0.5689	0.0771	0.3382	0.1838	0.2432	0.2873	0.2512	0.255
Market Risk Adjusted Performance	0.1181	1.09	(0.18)	0.3009	0.0578	0.0517	0.0513	0.0561	0.0493	1.22
Risk Adjusted Performance	0.0998	0.0419	(0.07)	0.031	0.047	0.0407	0.0407	0.0452	0.0392	0.0422
Skewness	(0.23)	(0.37)	(0.01)	(0.13)	(0.49)	(0.37)	(0.43)	(0.49)	(0.45)	(0.41)
Semi Deviation	0.658	0.4145	N/A	0.2282	0.5709	0.3995	0.472	0.5262	0.4935	0.4915
Information Ratio	(0.04)	(0.23)	(0.26)	(0.40)	(0.16)	(0.24)	(0.20)	(0.18)	(0.20)	(0.19)
Value At Risk	(1.31)	(0.86)	(1.46)	(0.52)	(0.95)	(0.79)	(0.93)	(0.92)	(0.94)	(0.94)
Expected Short fall	(0.55)	(0.38)	N/A	(0.25)	(0.49)	(0.37)	(0.42)	(0.45)	(0.41)	(0.42)
Downside Deviation	0.8279	0.5074	N/A	0.303	0.6476	0.4805	0.5586	0.6106	0.5711	0.5714
Semi Variance	0.433	0.1718	N/A	0.0521	0.3259	0.1596	0.2228	0.2769	0.2435	0.2415

State Street Competition Performance Charts

Five steps to successful analysis of State Street Competition

State Street's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by State Street Equity in relation to its competition. State Street's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of State Street in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact State Street's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to State Street Equity, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your State Street position

In addition to having State Street in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Other Information on Investing in State Mutual Fund

State Street financial ratios help investors to determine whether State Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in State with respect to the benefits of owning State Street security.

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