State Street Aggregate Fund Probability of Future Mutual Fund Price Finishing Under 84.68
| SSFCX Fund | USD 86.43 0.12 0.14% |
State |
State Street Target Price Odds to finish below 84.68
The tendency of State Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 84.68 or more in 90 days |
| 86.43 | 90 days | 84.68 | near 1 |
Based on a normal probability distribution, the odds of State Street to drop to $ 84.68 or more in 90 days from now is near 1 (This State Street Aggregate probability density function shows the probability of State Mutual Fund to fall within a particular range of prices over 90 days) . Probability of State Street Aggregate price to stay between $ 84.68 and its current price of $86.43 at the end of the 90-day period is about 22.92 .
Assuming the 90 days horizon State Street Aggregate has a beta of -0.0483. This usually implies as returns on the benchmark increase, returns on holding State Street are expected to decrease at a much lower rate. During a bear market, however, State Street Aggregate is likely to outperform the market. Additionally State Street Aggregate has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. State Street Price Density |
| Price |
Predictive Modules for State Street
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as State Street Aggregate. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.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.
State Street Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. State Street is not an exception. The market had few large corrections towards the State Street's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold State Street Aggregate, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of State Street within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 1.07 | |
Ir | Information ratio | -0.48 |
State Street Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of State Street for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for State Street Aggregate can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| State Street generated a negative expected return over the last 90 days | |
| State Street Aggregate generated five year return of -1.0% | |
| This fund maintains about 6.13% of its assets in cash |
State Street Technical Analysis
State Street's future price can be derived by breaking down and analyzing its technical indicators over time. State Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of State Street Aggregate. In general, you should focus on analyzing State Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
State Street Predictive Forecast Models
State Street's time-series forecasting models is one of many State Street's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary State Street's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about State Street Aggregate
Checking the ongoing alerts about State Street for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for State Street Aggregate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| State Street generated a negative expected return over the last 90 days | |
| State Street Aggregate generated five year return of -1.0% | |
| This fund maintains about 6.13% of its assets in cash |
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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